Report: Election Concerns Halt South Korea’s Crypto and ETF Regulation Ease

South Korea has delayed its efforts to relax its crypto regulations and the prohibition on spot bitcoin exchange-traded funds (ETFs). This development follows closely behind the People Power Party’s contemplation of removing... Read more »

Exploring SynFutures V3 and the Oyster AMM

SynFutures, a decentralized perps exchange, has been waking waves in DeFi for the past few years. It has prominent investors, a large user base, and an impressive trading volume, which means it... Read more »

4-Day $3.77 Billion Boost in Meme Coin Sector Led by PEPE, WIF, and BONK

In recent times, the meme coin sector has experienced a significant increase, climbing over 13% in the past 24 hours. In the span of the last four days, the meme token economy... Read more »

El Salvador and pro-Bitcoin businesses reaping rewards after years of skepticism

El Salvador and several forward-thinking corporations, including Nexon and Tahini’s, are witnessing substantial returns on their Bitcoin investments, challenging the wave of skepticism they faced from the media and financial analysts. Despite... Read more »

Gemini Agrees to Over $1 Billion Restoration in Settlement With New York Regulators

In an agreement with the New York Department of Financial Services (NYDFS), the Winklevoss-led cryptocurrency exchange Gemini has committed to returning over $1 billion to its customers. The settlement, which also includes... Read more »

Marathon posts record growth in 2023 earnings, unveils Bitcoin Layer-2 Anduro

Bitcoin mining and technology firm Marathon Digital reported record growth in a number of categories in its 2023 annual earnings report. The firm also revealed the development of a Layer-2 network for... Read more »

Bitcoin Miner Riot Acquires 31,500 ‘Next Generation’ M60S Mining Machines Worth $97.4 Million

Bitcoin miner Riot Platforms Inc. said it expects to take delivery as well as deploy 31,500 Whatsminer M60S miners worth $97.4 million by the end of July 2024. The addition of the... Read more »

CBDC Anti-Surveillance State Act Back in the Senate

The CBDC Anti-Surveillance State Act has been reintroduced in the Senate with the support of five U.S. senators. “As Americans face the prospect of an increasingly weaponized government, ensuring financial privacy is... Read more »

At $61,594 Bitcoin is at fair market price according to the power law model

On a monumental day for Bitcoin, where it opened at $56,900, the flagship digital asset has officially exited the bear market according to the Bitcoin Power Law model. After surpassing $61,000, it... Read more »

Hut 8 Unveils BTC-Funded 62 MW Texas Facility for Mining Efficiency Boost

On Tuesday, the publicly-listed bitcoin mining company Hut 8 revealed it has initiated construction of its new mining facility in Culberson County, Texas, with plans to have it operational by the second... Read more »