Closed-Loop Tokens (CLTs) offer a novel approach to token management on the Sui blockchain, providing defined rules and restrictions that enable the creation of closed token systems. This controlled environment contrasts with Sui’s Coin standard, which allows unrestricted usage and…
SEC Sues Consensys Over Brokerage and Staking Practices
The US Securities and Exchange Commission (SEC) has recently taken action against Consensys Software Inc., a prominent player in the cryptocurrency industry. This move marks another significant step in the SEC’s ongoing efforts to regulate the digital asset market. In…
US Increases Reward to $5 Million for OneCoin Ruja Ignatova
US authorities have heightened their efforts in the ongoing pursuit of justice against the notorious OneCoin cryptocurrency scam. The State Department has announced an increase in the reward for information leading to the arrest and conviction of Ruja Ignatova, co-founder…
Binance closes loophole in Link Plus program, affecting prime broker revenues
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced significant changes to its Link Plus program. These changes, effective July 1, are set to close a loophole that prime brokerages have been exploiting to increase their revenues. This…
South Korea Hashed Ventures Expands in Abu Dhabi Crypto Hub
Hashed Ventures, a prominent digital-asset investment firm based in Seoul, South Korea, is making significant strides in expanding its global presence. The company’s recent move into Abu Dhabi highlights the UAE’s growing appeal as a hub for cryptocurrency and blockchain…
PlayGround partners with SKALE to expand Web3 gaming ecosystem
In the dynamic world of crypto gaming, PlayGround stands out as a premier publishing and user acquisition partner. With a vision to create a multi-modal user acquisition (UA) protocol, PlayGround connects millions of mainstream players from around the world through…
FTX Customers to Vote on Billion Dollar Repayment Plan
FTX, once a titan in the cryptocurrency exchange world, now faces a pivotal moment in its bankruptcy saga. The next few weeks will be crucial for the customers of the failed exchange as they vote on a compensation plan designed…
Bybit Becomes Second-Largest Crypto Exchange Globally
Bybit rise to the second-largest cryptocurrency exchange globally, overtaking Coinbase, is a testament to its strategic initiatives and market adaptability. Key factors include the successful launch of spot Bitcoin ETFs in the US, competitive trading fees, and a broad range…
Montenegro Prime Minister Invests Personally in Kwon’s Crypto Holdings raises controversy
Montenegro’s Prime Minister Milojko Spajic’s investment in Terraform Labs Pte cryptocurrency holdings has come to light through US court filings, raising critical questions about his connections to the now-collapsed company and its founder, Do Kwon. This revelation has sparked significant…
Mt. Gox Distributes $9 Billion and Crypto Markets React
The recent correction in Bitcoin (BTC) and the broader crypto markets has deepened following the news that Mt. Gox, the infamous former cryptocurrency exchange, is moving forward with its plan to distribute approximately $9 billion worth of digital assets. This…
Why Did North Korean Hackers Steal $1.3 Billion in Crypto in 2024?
North Korean hackers have increasingly targeted cryptocurrency platforms, stealing significant amounts and using advanced methods…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
