Crackdown on $1.9 Billion Illegal Bank Using USDT in China

In a significant crackdown on illegal financial activities, the police in Southeast China’s Sichuan province have successfully dismantled an underground bank that had been utilizing the USDT stablecoin for foreign currency exchanges. The transactions involved in this illicit operation amounted…

Trump-linked Memecoins Continue their Surge as Former President Continues to Campaign

In his campaign, Donald Trump, the former US president, made some crypto-friendly comments that led to the surge of several memecoins. In this article, we will explore some of his remarks and the memecoins that were positively affected by them. …

Sei V2 Launch Phases Bring Parallelized EVM to Blockchain

Sei V2 presents an innovative proposal for an additive upgrade to a live blockchain, introducing the world’s first highly performant parallelized EVM (Ethereum Virtual Machine) into production. This notable advancement in blockchain technology necessitates a thorough Governance approval process, as…

Unipoly Games and SKALE Network Partner to Advance Web3 Gaming

Gaming has always been at the forefront of technological advancements, continually evolving to provide more immersive and engaging experiences. With the industry’s embrace of Web3, the integration of blockchain technology is the next significant leap forward. This integration promises to…

BlackRock Monolith Management Holds 24 Million in Bitcoin ETF

According to a recent filing with the Securities and Exchange Commission (SEC), Monolith Management, an investment firm founded by former Sequoia China executive Cao Xi, has disclosed its ownership of over $24 million worth of BlackRock spot bitcoin exchange-traded fund…

Circle Internet Financial Shifts Legal Base from Ireland to US with IPO Plans

Circle Internet Financial, the company behind the world’s second-largest stablecoin, USD Coin (USDC), has recently announced its plans to move its legal base from the Republic of Ireland to the United States. This strategic decision comes in response to the…

Ripple and Peersyst Enhance Blockchain Evolution with XRPL EVM Sidechain and evmOS

Ripple and Peersyst are spearheading the next evolution in blockchain technology by leveraging evmOS to enhance the XRP Ledger (XRPL) EVM sidechain. Currently in Devnet, this project promises to bring unparalleled EVM compatibility and flexibility to the XRPL ecosystem, positioning…

Binance Labs Invests in Zest Protocol for On-Chain Bitcoin Lending

In a significant move towards enhancing the lending capabilities of the Bitcoin ecosystem, Binance Labs, the renowned venture capital and incubation arm of Binance, has made a strategic investment in Zest Protocol. Zest Protocol is an innovative on-chain bitcoin lending…

Mark Cuban Believes Cryptocurrency Will Influence 2024 Election and Criticizes SEC Regulations

In a recent social media post, billionaire entrepreneur Mark Cuban shared his perspective on the role of cryptocurrency in the upcoming 2024 election. Cuban’s comments were directed at Donald Trump, the former Republican presidential candidate, who has been actively engaging…

Polymarket Gains $70 Million in Funding Despite Regulatory Challenges

In recent times, Polymarket has emerged as a platform that enables users to engage in betting on political events. Spearheaded by renowned investors such as Peter Thiel’s Founders Fund and Ethereum co-founder Vitalik Buterin, Polymarket has successfully raised an impressive…