The National Basketball Association (NBA) is facing a significant legal challenge as it has been hit with a lawsuit over its marketing ties to the now-failed crypto exchange, Voyager Digital Holdings Inc. Investors claim that these marketing links led to…
Crypto Mining Firm Hut8Corp Appoints Asher Genoot as CEO Amidst Controversy
Hut 8 Corp., a prominent publicly traded Bitcoin mining company, has announced the appointment of Asher Genoot as its new chief executive officer (CEO). This leadership transition comes in the wake of a critical report released by a short-seller, which…
Pi42: A New Era for Crypto-Rupee Futures Trading in India, Focused on Legal Compliance and User Empowerment
Indian crypto veterans Nischal Shetty and Avinash Shekhar have recently launched Pi42, a crypto-INR perpetual futures exchange. Designed to cater to the needs of over 30 million crypto investors in India, this platform aims to provide a seamless trading experience…
Bybit Launches Inscription Marketplace to Connect Bitcoin and Ethereum Ecosystem
Bybit, a renowned cryptocurrency exchange with a significant global trading volume, has taken a momentous stride towards supporting and expanding the Web3 ecosystem. The company’s latest announcement unveils the launch of the Bybit Inscription Marketplace, an integrated platform that fosters…
Lionel Messi’s Inter Miami Ends Partnership with XBTO Amidst Widespread Retreat from Crypto Agreements in Sports
In an era marked by the fluctuating fortunes of the crypto industry, Inter Miami CF sets its sails towards a horizon illuminated by the steady glow of traditional sponsorship. With Lionel Messi leading as captain, the team is proud to…
Web3 Music Accelerator Program: A Collaboration Between Polygon Labs and Warner Music Group
Polygon Labs and Warner Music Group (WMG) have joined forces to launch the Web3 Music Accelerator program, with the aim of fostering innovation at the intersection of Web3 and music. This program, which was introduced in June 2023, has already…
Founder of American Bitcoin Academy Allegedly Scams Students Out of $1 Million in Fake Hedge Fund Scheme
In the fast-paced world of cryptocurrencies and digital assets, the promise of lucrative returns has attracted both seasoned investors and those new to the market. However, not all ventures in this space are legitimate, as highlighted by the recent case…
Quantum Cats Digital Art Sale: 3,000 NFTs, $13 Million Revenue via Ordinals Protocol on Bitcoin
The “Quantum Cats” digital-art sale by Taproot Wizards has captured the attention of art enthusiasts and cryptocurrency investors alike. This project allows for the minting and storage of non-fungible tokens (NFTs) on the Bitcoin blockchain through the innovative Ordinals protocol.…
LPL’s $1.4 Trillion Custodian Remains Cautious on Bitcoin ETFs for the Time Being
The approval of Gary Gensler’s ETF has set in motion a transformative journey to bring cryptocurrency investing to the masses. However, the next crucial step lies in persuading influential gatekeepers, such as Rob Pettman at LPL Financial, to embrace the…
Sui’s Innovative Approach to Liquid Staking on PoS Blockchains
Liquid staking has emerged as a foundational element for decentralized finance (DeFi) on proof-of-stake (PoS) blockchains. With approximately 45 percent of total staked ETH currently locked in liquid staking protocols, there is a clear demand for liquid staking tokens (LSTs)…