ShibaSwap's BONE Token Shines Bright As 85% Holders Reap Profits
BONE's popularity surged after Shytoshi Kusama, Shiba Inu's developer, revealed its role as the gas fee token for Shibarium, the upcoming layer-2 scalability solution.
Stablecoin Giants Tether, Circle Respond To PayPal's PYUSD Launch With Optimism
Circle CEO Jeremy Allaire stresses that the Payment Stablecoin Act could foster a competitive market, ensuring safer, transparent, and supervised digital dollar alternatives.
SEC's Bitcoin ETF Decision Looms As Market Anticipates Approval, Amid Talks Of Possible Delays
The U.S. SEC is poised to announce its decision on spot Bitcoin ETF applications this month, potentially this week, indicating an imminent approval.
NY AG Investigating Barry Silbert's DCG Over Its Financial Ties To Subsidiary Genesis: Report
One of the main focuses of the supposed investigation is the $1.1 billion promissory note, which, according to Silbert, resulted from DCG assuming liabilities from Genesis. The latter suffered significantly because of the implosion of Three Arrows Capital, a bankrupt crypto hedge fund business.
KuCoin Upgrades Its Standard User Identity Verification Procedure
KuCoin assured users that during the period when the platform will undergo the upgrade, the security of customers' funds in their KuCoin accounts will not be affected. But the platform urged its users to "complete the standard user identity verification (KYC) as soon as possible."
Houbi's Justin Sun Slams Insolvency Rumors, Banks Exchange's Success On 'Continous Development'
But Sun's recent tweet was slammed by fintech executive Adam Cochran who said that the crypto billionaire "wants you to have faith, but he doesn't."
Worldcoin Claims Demand For World ID Surges But Mum On Kenyan Police's Raid On Nairobi Warehouse
"Last week's 2X growth in weekly World ID sign-ups demonstrates a sustained increase in global demand for World ID as a standalone product," Worldcoin said.
US Lawmaker Emphasizes Potential Of Stablecoins As PayPal Launches PYUSD
McHenry noted that stablecoins can only achieve their full potential if "clear regulations and robust consumer protections" are available, underlining the importance of Congress enacting legislation that would "provide comprehensive digital asset regulation, especially for stablecoins."
Bitfinex, Tether Win Big In US Court After Judge Dismisses Class Action Lawsuit
Following this major legal victory, Bitfinex and Tether reasserted that they are committed to protecting and upholding users' interests as well as those of the community.
Huobi Exchange Sees Heavy Outflows Amid Insolvency, China Investigation Rumors
Houbi's TVL is now down to 2.5 billion from its $3.09 value last month.
Curve Finance Offers $1.85M Bounty For Hacker's Identity After Deadline To Return Funds Expires
"I'm refunding you not because you can find me, it's because I don't want to ruin your project, maybe it's a lot of money for a lot of people, but not for me, I'm smarter than all of you," the hacker's on-chain message read.
Shytoshi Kusama Says 'Possibilities Are Near Endless' With Shiba Inu And Shib Sovereign Identification
"When you combine the low-cost nature of Shibarium, and the other amazing technologies the entire Shib community has developed for this new L2 solution with Shib SSI, the possibilities are near endless," Shytoshi Kusama said.
SHIB's Performance Defies Crypto Market; Indicators Suggest Continued Price Rally
Critics dismissed the price pump, but it looks like the price rally will continue since data revealed that the trading volume largely supports the uptrend and SHIB holders chose to maintain their diamond hands, as they were not moving their SHIB to exchange platforms to sell.
Shiba Inu's SHIB Token Gains Momentum As Binance Adds It As Collateral For Flexible Loan
Kusama reminded the Shib Army in their blog post this week that "as we push forward, please understand this isn't just about following the path of decentralization; this is about trailblazing a new destiny for the world."
SEC's Gensler Changing Course? Chairman Suggests AI's A Regulatory Priority Over Cryptocurrency
Even as Gensler now wants to prioritize AI, it does not mean the SEC will no longer hover over the cryptocurrency industry.
Elon Musk's X Reportedly Looking For Data Partner To Develop In-App Trading Hub
Elon Musk did not deny the news about the requests for proposals but said, "No work is being done on this to the best of my knowledge," suggesting it may be in the works, but the launch is not yet imminent.
Shiba Inu Levels Up Decentralization Efforts With Self-Sovereign Identity Integration Into All Its Apps
Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, informed the Shib Army the community is now "sprinting toward the next paradigm shift toward a new era," seemingly hinting at the SSI integration initiative.
Coinbase, Jack Dorsey Collab Happening? Executives Could Be Working On Bitcoin Payments System
The public conversation between the two tech and crypto leaders concluded with both acknowledging they are on the same team.
KuCoin In Trouble? Exchange Suspends Bitcoin, Litecoin Mining Amid Change In Strategy, Layoff Rumors
KuCoin said in a statement that the decision was made due to its "evolving business strategy."
Kwon's Terra Could Be Holding Over $160M in Crypto Despite Claiming It Lost Almost Everything
In the wake of Terra's implosion, the blockchain firm said it had exhausted nearly all of its reserves in an attempt to defend the UST stablecoin peg, but a new set of recently uncovered details about wallets linked to TFL and Kwon contradicted the company's previous public statements.
BONE Becomes Second-Largest Daily Gainer After Kusama Drops Clue On Binance's Potential Listing
BONE is the native governance token of ShibaSwap, the decentralized exchange of the Shiba Ecosystem, and ever since the team revealed that it will be used as the gas fee token of the highly awaited layer-2 scalability solution Shibarium, its rise to prominence and its overall performance in terms of value have attracted the interest of many crypto investors.
Kenya Suspends Worldcoin Amid Data Privacy Concerns And Government Investigation
Just over a week after its launch, Worldcoin and its activities are already suspended in Kenya.
CZ Almost Shut Down Binance.US To Protect Global Operation, CEO Objected: Report
While Binance's legal battle with the SEC continues, and after several regulators in Europe closed their doors to the exchange, it won a license to operate in Dubai
Ethereum Futures ETF Race Sizzles As 6 New Financial Giants Join The Fray
Unlike the positive impact on the price of Bitcoin when BlackRock and other financial giants filed their spot BTC ETF applications, the price of Ether remains within its usual range.
MicroStrategy Reveals Another Bullish Plan After Making Biggest Bitcoin Purchase Since 2021
The software maker said the $347 million worth of Bitcoin acquired last quarter, purchased at an average price of $28,136 per coin, only represents the latest addition to the company's BTC holdings and not the total amount of the crypto asset it purchased.
BALD Crash Triggers Speculations Linking Supposed Rug Pull To SBF, Alameda Research
The surprising development surrounding the BALD token pushed on-chain sleuths to dig deeper to get to the bottom of the issue, and some of them uncovered interesting finds, one of which points to Bankman-Fried and his Alameda Research as the masterminds of the controversial project, which is presumably a rug pull.
Bitcoin Drops To Its Lowest Level Since June But Sees Boost In Institutional Adoption
Despite the dip in the price of Bitcoin, the "important news" is the continued surge in institutional interest in the world's largest crypto asset.
Worldcoin In Regulators' Crosshairs: German, French, Several Other Watchdogs Probing Crypto Project Over Data Concerns
Worldcoin is an ambitious project that aims to offer a World ID, or a "digital passport," for a world in which it's harder to distinguish humans from AI robots.
Binance Achieves New Milestone Following A Series Of Misfortunes In European Countries
Binance announced its Dubai subsidiary was the first exchange to get the Operational Minimum Viable Product license issued by Dubai's Virtual Asset Regulatory Authority.
Binance CEO CZ Regrets Historic Miss As Ethereum Marks 8th Anniversary
The Binance CEO shared that at the time Buterin was "already working on and talking about ETH non-stop" and somehow regretted that he didn't buy Ether, saying it was "a miss of a lifetime."
