The crypto market experienced a remarkable surge in 2021, attracting substantial investments from venture capital firms. The popularity of smart contracts and decentralized finance (DeFi) paved the way for numerous companies to venture into the crypto industry, albeit without a … Continue reading The State of Crypto Startups: Lots of Funding, Little Traction

In a bid to shape the future of spot Bitcoin Exchange-Traded Funds (ETFs), Grayscale’s Chief Legal Officer, Craig Salm, emphasizes the need for the Securities and Exchange Commission (SEC) to approve all spot ETF applications simultaneously. Grayscale’s legal team has … Continue reading Grayscale Urges Simultaneous Approval of Bitcoin Spot ETFs, Citing Market Interconnectedness

The US House Financial Services Committee has taken a momentous stride towards establishing a federal regulatory framework for stablecoins. Despite concerns surrounding Elon Musk’s potential involvement in creating his own stablecoin, the proposed bill, known as the “Clarity for Payments … Continue reading US House Committee Advances Clarity for Payments Stablecoin Bill amid Concerns of Tech Giants’ Influences

In a recent interview with Bloomberg, Securities and Exchange Commission (SEC) Chairman Gary Gensler shared his apprehension about the alleged prevalence of fraud and manipulation in the cryptocurrency market. These remarks come at a time when investing giants like BlackRock … Continue reading SEC Chairman Expresses Concerns Over Fraud and Manipulation in the Cryptocurrency Market

By: Zeng Han-Jun, Head of Research Among the notable tokens held by the top 100 Ethereum whales, stablecoins often dominate the scene. However, Shiba Inu remains a formidable presence in these holdings. According to data from whale tracking website, WhaleStats, … Continue reading Shiba Inu Holds Fort as a Prominent Token Choice among Ethereum Whales

By: Zeng Han-Jun, Head of Research Bitcoin Cash (BCH) experienced a surge in price last month, attracting renewed interest from investors. However, recent data suggests that the altcoin’s momentum may be waning. Notably, Bitcoin Cash miners have been rapidly withdrawing … Continue reading Are Bitcoin Cash Miner Withdrawals Indicating Bearish Trend?

Ethereum-based software provider Flashbots has successfully secured $60 million during its series B funding round, positioning itself as a prominent player in the blockchain industry. As a result, Flashbots’ valuation has now surpassed $1 billion, reflecting the growing interest in … Continue reading Flashbots Raises $60 Million in Series B Funding, Reaching Unicorn Status

In a recent court ruling on SEC v. Ripple, Brian Korn, a partner at the law firm Manatt, Phelps & Phillips LLP, has shed light on the potential far-reaching consequences for the broader crypto industry’s secondary market. The ruling, which … Continue reading The Ripple Ruling and the Broader Implications on the Crypto Industry’s Secondary Market

As global finance continues to evolve, the influence of digital innovation permeates every aspect of the industry. This trend is now making its mark in India, through a significant partnership between BlackRock, a global investment giant known for its affinity … Continue reading BlackRock and Jio Financial Services Collaborate to Shape India’s Digital-First Investment Landscape

Cryptocurrency processing platform, CoinsPaid, recently faced a major setback when it fell victim to a significant hack on July 22. The security breach led to a temporary halt in operations for four days, raising concerns within the crypto industry. Now, … Continue reading CoinsPaid Resumes Operations After Lazarus Group Hack and Preventive Measures Implemented