There has been growing concern within the cryptocurrency community regarding the faith in the crypto exchange HTX, formerly known as Houbi. The exchange has been marred by significant security breaches, leading to a notable outflow of funds and a dampened … Continue reading Justin Sun’s HTX Sparks Bank Run Worries As $200 Million Exits The Exchange

The cryptocurrency world was abuzz with an unexpected turn of events when Mike Novogratz, CEO of Galaxy Digital, openly acknowledged his previous skepticism about Ripple’s XRP. In a surprising admission, Novogratz expressed regret for his earlier doubts, stating, “I was … Continue reading Mike Novogratz’s Change of Heart: An Admission of XRP’s Triumph

Billionaire and SpaceX CEO Elon Musk recently made headlines with the introduction of his own artificial intelligence (AI) chatbot, Grok. In a surprising twist, Grok has publicly declared Dogecoin as its favorite cryptocurrency. The AI’s endorsement of this meme-inspired digital … Continue reading Grok AI: Dogecoin Emerges as Favorite Cryptocurrency

In a significant milestone for the institutional foray into the world of digital assets, M&G Investments, the asset management arm of pensions giant M&G Plc, has recently made waves by investing $20 million in a UK-based crypto derivatives trading platform. … Continue reading M&G Investments Makes Bold Move with $20 Million Investment in Crypto Derivatives Platform

The decentralized finance (DeFi) sector is witnessing a rapid evolution, as evidenced by the remarkable growth of decentralized exchanges (DEXes) in the crypto market. On December 6, data from Token Terminal revealed that the top 20 DEXes have collectively amassed … Continue reading The Evolving Landscape of Decentralized Exchanges (DEXes) and Centralized Exchanges (CEXes) in the Crypto Market

In a bid to revolutionize the security of digital assets in offline “cold storage” systems, IBM has unveiled the Hyper Protect Offline Signing Orchestrator (OSO), a cutting-edge solution designed to mitigate the risks associated with manual transaction authorization and enhance … Continue reading IBM and Metaco Introduce OSO Technology for Enhanced Cold Storage Security

In a significant development in the legal turmoil enveloping Terra Luna founder Do Kwon, reports have emerged indicating his impending extradition to the United States. The Wall Street Journal reveals that Montenegro has privately communicated its intention to send Kwon, … Continue reading Do Kwon Extradition to US Confirmed by Montenegro

The US Securities and Exchange Commission (SEC) is presently engaged in active discussions with applicants of spot Bitcoin Exchange-Traded Funds (ETFs), guiding them through the final stages of amendments ahead of potential approval. Notably, the recent submission of an updated … Continue reading Unveiling the SEC’s Stance on Bitcoin ETFs: A Closer Look at BlackRock’s Recent S-1 Filing Amendment

In a recent Reuters report, a senior US regulator highlighted the $4.3 billion settlement with Binance as a potential turning point in enforcement actions against cryptocurrency firms. The settlement, a result of Binance’s violation of US anti-money laundering and sanctions … Continue reading Key Takeaways from Binance Settlement: A Turning Point for Crypto Regulation

In a recent statement, Richard Teng, the newly appointed CEO of Binance, shared his vision and plans for the future of the popular cryptocurrency exchange. With a focus on collaboration with regulators, driving innovation, and ensuring strict compliance, Teng aims … Continue reading Binance CEO Outlines Vision for Future Growth and Regulatory Collaboration