Cryptocurrency News

August 13, 2024

High Stakes: The Celsius vs. Tether $3.5 Billion Bitcoin Collateral Lawsuit


Celsius has filed a $3.5 billion lawsuit against Tether in a dramatic escalation in the cryptocurrency market. This court case stems from a complicated debate about Bitcoin collateral management and raises severe questions about asset governance and financial strategy in the cryptocurrency business. As Celsius navigates bankruptcy processes, this action highlights digital asset management’s fragility […]

Cryptocurrency News

August 8, 2024

Zoth’s Game-Changing Launch of Tokenised Liquid Note


Zoth, a pioneering DeFi Yield infrastructure firm, has expanded its financial frontiers by introducing the Tokenised Liquid Note, which follows an enlarged $4 million financing round. This new financial instrument combines US Treasury Bills and high-quality corporate bonds, providing investors 24-hour liquidity and a secure on-chain investing choice. Zoth intends to bridge the gap between […]

Cryptocurrency News

August 7, 2024

SEC Challenges Coinbase’s Extensive Document Requests in Court


The US Securities and Exchange Commission (SEC) has intensified its legal conflict with Coinbase by declining the cryptocurrency exchange’s request for more document discovery. In this heated legal development, the SEC has described Coinbase’s requests, which include obtaining emails and documents pertaining to SEC Chairman Gary Gensler, as overly broad and onerous. This denial demonstrates […]

Cryptocurrency News

August 5, 2024

Australia’s Policing Efforts Against Crypto Scams


To strengthen its cybercrime defences, the Australian Federal Police (AFP) has partnered with Chainalysis, the global leader in blockchain analysis. This collaboration seeks to improve the digital economy by deconstructing networks involved in cryptocurrency fraud, notably through the unusual technique of detecting and securing over 2,000 corrupted crypto wallets owned by Australians. This endeavour is […]

Cryptocurrency News

August 1, 2024

The Fall of BitClout: Entrepreneur Nader Al-Naji Arrested for Fraud


In a startling turn of events, Nader Al-Naji, the Los Angeles entrepreneur and creator of BitClout, a platform that combines Bitcoin culture with social media, has been detained. Al-Naji is charged with wire fraud after allegedly misappropriating hundreds of millions of dollars from investors under the premise of company costs. His startup offered a new […]

Cryptocurrency News

July 30, 2024

Russia to Launch International Crypto Payment System by Year-End


Russia is ready to make a contribution to international finance by launching its first international cryptocurrency payment before the end of this year. Elvira Nabiullina, Chairwoman of the Russian Central Bank, delivered this ground-breaking pronouncement on July 30, 2024. This program is part of Russia’s larger goal of using digital currencies, specifically the digital ruble, […]

Cryptocurrency News

July 29, 2024

OKX Launches Pre-Market Futures for Upcoming Token Trading


OKX  has launched its new Pre-Market Futures product, allowing consumers to trade futures contracts for forthcoming tokens before their public offers. This revolutionary device will enable customers to engage in early market trading with up to 2x leverage and has an easy-to-use interface. The first cryptocurrency accessible for Pre-Market Futures trading is the HMSTR token […]

Cryptocurrency News

July 24, 2024

The Merger of DASH Industry Forum into SVTA


The Streaming Video Technology Alliance (SVTA) has welcomed the DASH Industry Forum (DASH-IF), representing a significant shift in the streaming technology environment. This merger incorporates DASH-IF’s considerable work on the MPEG-DASH format and related technologies into SVTA’s larger industry objectives. DASH-IF was founded by crucial industry heavyweights such as Qualcomm, Netflix, and Microsoft and has […]

Cryptocurrency News

July 23, 2024

SSV Network DAO’s New Initiatives to Foster Community Involvement


SSV Network DAO, the decentralised autonomous organisation overseeing the SSV Network protocol, recently announced two unique initiatives to increase community engagement: the SSVDivers Ambassador Programme and the Community Associates Programme. These programmes encourage active engagement and provide concrete rewards for community involvement, thereby improving the ecosystem of decentralised staking. SSVDivers Ambassador Program The SSVDivers Ambassador […]

Cryptocurrency News

July 22, 2024

Animoca Brands Partner with TON Foundation


Animoca Brands subsidiaries Mocaverse and MOCA Foundation have partnered with the TONNE Foundation to include identification and reputation networks into their ecosystems. This collaborative cooperation intends to increase user engagement by introducing cutting-edge blockchain technology across the Mocaverse and TONNE platforms. The collaboration includes a token-swap agreement to increase user activity between the MOCA and […]

Cryptocurrency News

July 18, 2024

Nigeria Reviews Blockchain Policy to Lead African Blockchain Development


Nigeria has launched a complete review of its blockchain technology policy to solidify its African blockchain development leader position. The Steering Committee, led by Chairman Chimesie Chuta, began this critical review on July 17, 2024, marking a vital step in the country’s transition to a blockchain-driven future. Chuta announced revising Nigeria’s blockchain technology policy on […]

Cryptocurrency News

July 17, 2024

Cambodian Firm Linked to North Korean Crypto Scams: $305M DMM Hack


According to new revelations, more than $35 million from the $305 million theft of the Japanese cryptocurrency exchange DMM Bitcoin was tracked back to Huione Guarantee, a Cambodian corporation. The breach, alleged to be carried out by North Korea’s Lazarus Group, has shed light on hackers’ elaborate and methodical laundering procedures.  The DMM Bitcoin breach […]

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