Compound Finance, a blockchain-based protocol, is under intense scrutiny following the narrow approval of Proposal 289. The proposal, which passed by a vote of 682,191 to 633,636, allocates 499,000 COMP tokens—valued at…
The Wyoming senator unveiled her plan at the Bitcoin Conference in Nashville. NASHVILLE — U.S. Senator Cynthia Lummis announced her intention to introduce legislation for a “strategic bitcoin reserve” aimed at reducing…
The State of Michigan Retirement System has made a significant leap into the world of cryptocurrency by investing in a spot Bitcoin exchange-traded fund (ETF) offered by ARK 21Shares. According to a…
Cryptocurrency exchange Coinbase has strengthened its board of directors with the addition of three new members, including a senior executive from OpenAI who once served as a political strategist for President Bill…
Sygnum Bank, a Swiss crypto bank managing $4.5 billion in client assets, has announced its profitability following a significant increase in crypto trading volumes during the first half of 2024. Trading Volumes…
After a decade-long wait, many Kraken users have confirmed receiving their long-awaited Bitcoin payouts from the Mt. Gox exchange. The distribution marks a significant milestone in the long recovery process for creditors…
Crypto miner Whinstone US has filed a lawsuit against its private equity partners over a failed joint mining venture. The lawsuit is the latest episode in a series of conflicts that have…
On July 22, BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest single-day inflow in over four months, with $523 million entering the fund. This influx, equivalent to 7,759 Bitcoin, raises the total…
The United States government has recently moved a portion of its seized Bitcoin to an unidentified wallet. According to blockchain intelligence firm Arkham Intelligence, the transfer involved 58.742 BTC, valued at around…
President Joe Biden’s withdrawal from the 2024 presidential race caused a significant drop in the cryptocurrency market, leading to a massive liquidation of long positions. Within 30 minutes of Biden’s announcement, nearly…
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