Musk’s bold move against SEC Elon Musk, the tech magnate behind Tesla and SpaceX, has once again found himself in the U.S. Securities and Exchange Commission (SEC) crosshairs. The regulatory body recently filed a lawsuit against Musk, alleging his non-compliance…
Vanished! Pi Network Roadmap Delay Blindsides Eager Community
Pi Network recently revealed that its much-touted mainnet roadmap, which was supposed to clarify the blockchain platform’s launch plans, has been delayed beyond the initial mid-October release target. Roadmap Delay Sows Confusion Among Eager Users Initially, Pi Network CEO Dr.…
UK Financial Watchdog to Launch Digital Assets Sandbox in Early 2024
The UK’s Financial Conduct Authority (FCA) has revealed plans to launch a pioneering Digital Assets Sandbox (DAS) by the first quarter 2024. The move aims to promote digital asset innovation under bespoke regulatory conditions. Tailored rules to enable experimentation According…
Crypto Advocate Gets 8-Yr Term for Unregistered Bitcoin Exchange
On Monday, authorities sentenced libertarian activist and radio personality Ian Freeman from New Hampshire to an eight-year prison term for operating an unregistered Bitcoin exchange. In addition, he is subject to a minimum punishment of $40,000 awaiting the outcome of…
Coinecta Brings Innovative Decentralized LaunchPad to Cardano
Cardano has welcomed Coinecta, a pioneering decentralized launchpad, to its rapidly expanding ecosystem. Coinecta introduces an innovative decentralized fundraising model to the Cardano blockchain, allowing fundraisers, investors, and stakers to participate in seed funding campaigns without intermediaries. Operated as an…
PayPal’s Bold Blockchain Ambitions to Navigating NFTs and Layer-2 Networks
PayPal, the global payments leader, is making significant strides in the blockchain domain. Recent patent applications reveal the company’s intent to delve deeper into this transformative technology, mainly focusing on NFTs and layer-2 solutions. A New Era of Blockchain Validation…
Following the Money: Tracing FTX and Alameda’s $4.1B FTT Trail.
The recent collapse of the cryptocurrency exchange FTX has sent shockwaves through the crypto community. Investigations have uncovered suspicious transactions worth billions of dollars in FTT tokens between FTX and its sister company, Alameda Research. These revelations have raised serious…
Composable and Polkadot Build Bridges Between Blockchain Worlds
At the recent Cosmoverse conference, Composable’s blockchain interoperability platform made waves with a significant announcement. In collaboration with Polkadot and the Web3 Foundation, Composable is expanding its groundbreaking Inter-Blockchain Communication (IBC) protocol beyond the Cosmos ecosystem. This pioneering integration promises…
SOL Surges 15% In A Technical Price Breakout – What’s Next?
Solana’s native cryptocurrency SOL has seen a fresh breakout over the last few days, rallying over 15% on strong technical momentum. The price action comes after SOL formed a solid support base above $18.80 and broke past key resistance levels…