The entities associated with Mango Markets, a decentralized finance project, have reached settlements with the US Securities and Exchange Commission (SEC). This follows a series of legal actions taken by the SEC against various crypto projects for allegedly selling unregistered…
Dogecoin Ahead of Cardano as 8% Growth Pushes a $17 Billion Valuation
Dogecoin (DOGE), the popular meme cryptocurrency, has made significant gains recently, surpassing the $15 billion valuation mark. This surge has pushed Dogecoin ahead of Cardano (ADA), another prominent altcoin in the market. Over the past week, Dogecoin’s price performance has…
Bitcoin Reaches $65,000 Before $5.8 Billion Options Expire
Bitcoin has surged to a significant price level of $65,000, marking the first time in four weeks that the cryptocurrency has touched this threshold. This rise comes just ahead of the expiration of major options contracts, a critical event that…
Robinhood Revolut Consider Entering $170 Billion Stablecoin Market
In recent years, the digital asset sector has witnessed exponential growth, driven largely by stablecoins such as USDT and USDC. Companies like Robinhood Markets Inc. and Revolut Ltd. have started evaluating the potential of launching their own stablecoins, aiming to…
BNY gains SEC support for digital asset custody beyond ETF
The Bank of New York Mellon Corp. (BNY), one of the largest custodian banks in the world, has entered the digital assets market, seeking to expand its offerings beyond traditional assets like stocks and bonds. With an established reputation in…
Investors in $1 Billion Skyscraper Crypto Scheme to Recover Funds
In recent years, investors have been drawn to opportunities within the rapidly growing cryptocurrency market. However, with this surge in interest, many have found themselves involved in dubious projects that failed to deliver on their promises. A prominent case that…
Reservoir and SKALE enabling seamless NFT trading for applications
The blockchain industry continues to evolve rapidly, with digital assets and NFTs taking center stage. One of the key challenges in this domain is the trading and management of these assets. This process, often riddled with complexities, demands a streamlined…
BlackRock Expert Describes Bitcoin as Less of a Risk Asset
BlackRock Inc., has played a significant role in shaping financial markets through its strategies and insights. Its engagement with digital assets, particularly Bitcoin, offers an essential perspective for both individual and institutional investors navigating the evolving landscape of cryptocurrency. As…
State Street and Galaxy debut crypto ETF amid rising outflows
State Street Global Advisors, in collaboration with Galaxy Asset Management, has embarked on a significant venture with the launch of three cryptocurrency-focused exchange-traded funds (ETFs). These funds aim to provide investors with innovative exposure to digital assets, moving beyond the…
Turkey Drops Plans to Tax Profits from Crypto
Turkey has been a focal point in recent economic discussions due to its evolving fiscal policies, fluctuating market conditions, and efforts to stabilize an inflation-hit economy. Vice President Cevdet Yilmaz’s recent statements shed light on the current economic strategy, particularly…