Tether Investigates Alternative Financing for Trading Commodities and TradFi
Tether Holdings, the company behind the widely-used stablecoin USDT, is making strategic moves to revolutionize the commodities trading sector by providing alternative financing methods. This initiative aims to offer much-needed credit solutions to firms…
BlackRock’s IBIT buys Over $1 Billion in Bitcoin within this Week
BlackRock, the world’s largest asset manager, has made a significant move in the cryptocurrency market by purchasing over $1 billion worth of Bitcoin through its iShares Bitcoin Trust (IBIT) ETF this week. This massive investment has contributed to…
Vitalik Buterin Updates Ethereum’s Roadmap for Layer 2 Expansion in ‘The Surge’
Ethereum co-founder Vitalik Buterin has unveiled an ambitious new roadmap for the Ethereum network, focusing on Layer 2 (L2) expansion under the phase titled “The Surge”. This update, detailed in his latest blog post, “Possible futures…
CME Bitcoin Futures Open Interest Reaches ATH, Fueled by Active and Direct Investors
The Chicago Mercantile Exchange (CME) has recently announced that the open interest in its Bitcoin futures market has reached an all-time high. As of October 15, 2024, the open interest hit a staggering 172,430 BTC according to Coindesk report,…
Ripple Co-Founder Chris Larsen’s $1 Million Donation to Kamala Harris PAC Raises Concerns in Crypto Community
In a move that has sparked significant debate within the cryptocurrency community, Chris Larsen, co-founder of Ripple, has donated $1 million worth of XRP to a Political Action Committee (PAC) supporting U.S. Vice President Kamala Harris’s…
Ripple Introduces Bank-Grade Custody Solution for Crypto Firms
Ripple, a leading provider of digital asset infrastructure, has announced the launch of a new bank-grade custody solution designed specifically for crypto firms. This innovative service aims to offer enhanced security and management for digital assets,…
Ubisoft Releases First Crypto Video Game, ‘Champions Tactics’
Ubisoft, the renowned French gaming giant behind popular franchises like Assassin’s Creed and Far Cry, has announced the launch of its first crypto-enabled video game, “Champions Tactics: Grimoria Chronicles”. Set to debut on October…
Ripple vs. SEC: The Latest Chapter in the Ongoing Legal Battle
The legal saga between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has taken another dramatic turn. On October 3, 2024, the SEC filed a notice of appeal against a significant ruling by Judge Analisa Torres, which partially favored…
Gemini to Close All Customer Accounts in Canada by the end of 2024
In a significant move, Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has announced that it will close all customer accounts in Canada by December 31, 2024. This decision comes as a response to the evolving regulatory landscape in…
GraFun: The New Memecoin Launchpad on BNB Chain
The world of cryptocurrency is abuzz with the launch of GraFun, a new memecoin launchpad and trading platform on the BNB Chain. According to a Business Insider report, GraFun is scheduled to launch today at 11 am UTC and is expected to…