Kraken is reportedly considering ending support for the stablecoin USDT in the EU. The exchange’s plans come amid the push for compliance ahead of EU’s crypto regulations MiCA. Kraken is considering a move that would see the crypto exchange end…
TLDR Celestia plunges 8% in a week, but experts believe bulls will resurface soon. Arbitrum dumps 5% in a week, but experts believe a resurgence is in order. Rebel Satoshi’s $RECQ attracts more investors after jumping 120% during its presale. …
As bearish momentum rocks the crypto market, Cardano (ADA) has shown intention to defy odds and scale heights based on a looming recovery. Meanwhile, Borroe Finance ($ROE) is taking center stage in the crypto news scene thanks to its 6-week…
Currently, the cryptocurrency sector is experiencing an unstable run. Even in such volatile market conditions, one Crypto token that has stood out is the BEFE coin. Having carved a niche among its contemporaries, BEFE enjoys popularity in the meme coin…
As the market gears up for its next surge, investors are eagerly eyeing the next promising coin. Bitcoin has already rebounded from its previous dip, soaring past $65,000 from $56,000. Riding this wave of Bitcoin enthusiasm, several altcoins are gaining…
The UK government’s Insolvency Service has shut down a crypto advisory firm for accounting negligence and the loss of investors’ money. The advisory firm seemingly claimed to help users with investments while promoting crypto schemes that resulted in millions lost.…
The South Korean tax body, the National Tax Service (NTS), has announced it has liquidated previously frozen crypto worth more than $800,000. In a press conference held at its Seoul headquarters on May 14, the NTS exhibited some of the…
OpenAI co-founder and chief scientist, Illya Sutskever, said he’s leaving OpenAI for a “personally meaningful” project with research director Jakub Pachocki now moving into the role of chief scientist. Ilya Sutskever, the co-founder and chief scientist of OpenAI’s for-profit arm…
OKX Ventures, a Crypto and Web3 investment fund, recently backed the action role-playing game Blade of God X, developed by Void Labs. While the game itself is free, engaging with its blockchain components may necessitate payments or wallet interactions. The…
Spot Bitcoin exchange-traded fund (ETF) inflows have surged to a two-week high as the underlying asset pumped 7% on key US inflation data. Inflows for spot Bitcoin ETFs in the United States soared to $303 million on May 15 amid…
Vijay Chetty becomes new CEO after Neel Somani, the founder and former CEO of Eclipse Labs, stepped down after sexual assault allegations recently surfaced. Eclipse Labs appointed its former Chief Growth Officer, Vijay Chetty, as its new CEO. The company’s…
Chinese authorities uncovered a significant underground banking case involving a staggering $2B USDT money laundering operation. Chinese law enforcement agencies have announced a breakthrough in their fight against illegal financial activities. They have dismantled a large underground banking gang allegedly…