At the Paris Blockchain Week, which started on April 9, 2024, Matthew White, the head of Dubai’s new Virtual Asset Regulatory Authority (VARA), shared intentions to ease regulatory hurdles for smaller crypto businesses operating in the area. During a conversation at a regulatory panel event, White admitted that existing laws for digital assets require modifications … Read more
Voyager Digital is making good progress in its plan to repay creditors following bankruptcy. To boost its financial revival, the company has obtained approximately $484 million through settlements with FTX, Three Arrows Capital (3AC), and Directors and Officers (D&O) Insurance. In a recent court filing to the US Bankruptcy Court for the Southern District of … Read more
Robert Kiyosaki, famous for his best-selling book “Rich Dad, Poor Dad,” has endorsed Cathie Wood’s bold forecast that the value of a single Bitcoin (BTC) could potentially soar to an astounding $2.3 million. Kiyosaki, an ardent backer of Bitcoin, has given his approval to Wood’s forecast, expressing his faith in her expertise and judgement. Previously, … Read more
The FBI has issued a subpoena for details about a meeting of Bitcoin Core developers due to an ongoing probe into the disappearance of $3.6 million in Bitcoins belonging to Luke Dashjr. This investigation aims to identify any attendees who may have been involved in the theft. FBI Requested One Year Silence on Subpoena Mike … Read more
In a straightforward address to legislators on Wednesday during the fiscal session, Sarah Sanders, the Governor of Arkansas, presented her initial “State of the State” speech. She outlined her financial objectives and made clear that if they approved a budget aligned with her plans, she would gladly give her approval. Two significant matters have taken … Read more
Charles Edwards, founder of Capriole Investments, a crypto hedge fund, highlighted his belief that PENDLE, a token functioning in the Decentralized Finance (DeFi) sector, is currently underappreciated. In a statement on platform X, Edwards emphasized two reasons for this assessment: first, its significant Total Value Locked (TVL), and second, its relatively small market capitalization. Edwards … Read more
On Thursdays morning, THETA, the indigenous digital currency of the decentralized Theta video delivery system, experienced a notable increase of approximately 9.12%, reaching a value of $3.0. In contrast, it had dropped to $2.76 the day prior. Based on CoinMarketCap’s statistics, THETA has experienced a gain of approximately 19.4% in the last week. Its trading … Read more
Uniswap, a decentralized crypto exchange, has announced its intention to respond after being issued a regulatory notice by the US Securities and Exchange Commission (SEC). Reacting to the SEC’s Wells notice on X, Uniswap CEO Hayden Adams noted: “I’m not surprised. Just annoyed, disappointed, and ready to fight.” The value of UNI, the native token … Read more
A researcher from South Korea’s Korbit crypto exchange, Kim Min-seung, who heads their Research Center, asserts that stock trading in the US holds considerable power over Bitcoin‘s price fluctuations. Min-seung pointed out that various elements are currently driving the fluctuations in the Bitcoin market instead of just a few standard macro factors that previously influenced … Read more
Binance, a well-known cryptocurrency exchange, has faced significant regulatory challenges in recent periods due to its ongoing dispute with the US Securities and Exchange Commission (SEC). Yet, during her appearance at the Paris Blockchain Week on April 10, Catherine Chen, Binance‘s head of institutional and VIP clients, described the $4.3 billion settlement reached between Binance … Read more