In the dynamic landscape of the 2024 election cycle, cryptocurrency has emerged as a significant player, influencing political campaigns and donations. With industry donors pouring unprecedented amounts into political races, the intersection of crypto and politics is more pronounced than…
Shiba Eternity Game Adds Ranked Tournaments and NFTs
Shiba Eternity, the popular digital card game, is set for a major transformation with its upcoming Web3 integration. This upgrade will introduce ranked tournaments, NFT minting, and strategic gameplay enhancements, allowing players to convert digital cards into unique assets on…
How Does Jackal Improve Decentralized Storage Solutions?
In today’s data-driven world, the value of secure and decentralized storage solutions cannot be overstated. According to Cosmos, Jackal emerges as a pioneer in this space, offering a robust decentralized cloud storage ecosystem accessible through the Inter-Blockchain Communication Protocol (IBC).…
Galaxy Raises $113M for Early-Stage Crypto Ventures Fund
Billionaire Michael Novogratz Galaxy Asset Management unit has recently made headlines by raising $113 million for a venture fund dedicated to early-stage startups focused on crypto software, infrastructure, and financial applications. This strategic move underscores the growing interest and investment…
Ethereum Drops Amid Equity Market Turmoil and ETF Launches
Ethereum, the second-largest cryptocurrency by market capitalization, led a downturn in digital assets following a significant decline in equities that unsettled global markets. This market movement reflects the interconnectedness of various asset classes and the sensitivity of investor sentiment. Ethereum…
Trump vs Harris: Which Administration Will Favor Crypto and ETFs?
The trajectory of the United States presidential election changed after the current president Joe Biden said he was stepping down. Now, Vice President Kamala Harris is set to go up against Donald Trump in the elections. In an election race…
Bitcoin ETF Grows as Wall Street Sees $17 Billion Inflows
The cryptocurrency market is witnessing rapid growth following the recent approval of Ether ETFs by US regulators. This decision has triggered a rush of new filings from asset managers eager to capitalize on this momentum. Bitcoin, the world’s leading cryptocurrency,…
Ether ETF Sees Strong Start with $500 Million in First-Day Trading
The recent debut of Ether ETF in the United States has garnered significant attention in the financial markets. These exchange-traded funds, which invest directly in Ether, have shown impressive trading volumes on their first day, reflecting strong investor interest. This…
Coinbase Unit Fined £3.5 Million for Compliance Failures by FCA
A unit of Coinbase Global Inc., CB Payments Limited, was fined £3.5 million ($4.5 million) by the UK’s Financial Conduct Authority (FCA) for offering cryptoasset trading services to high-risk customers. This marks the first action of its kind from the…
Swiss Banks Bridge Crypto Payment Gaps Post US Bank Failures
About a year and a half after the collapse of crypto-friendly banks in the US, European financial institutions are stepping up to fill the void in the market for around-the-clock payments in the digital-asset sector. This movement is spearheaded by…