Meta Platforms, led by CEO Mark Zuckerberg, reported a significant $4.5 billion loss in its metaverse division, Reality Labs, during the second quarter of 2024. This brings the total losses for Reality…
The defunct Japanese cryptocurrency exchange Mt. Gox is making headlines as it transfers a substantial amount of Bitcoin to facilitate a $9 billion payout to creditors. On July 31, the exchange moved…
The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with orchestrating a fraudulent crypto scheme that raised over $257 million. The SEC alleges that…
Andrew Left, founder of Citron Research and a well-known short-seller, pleaded not guilty to federal fraud charges in a Los Angeles court. Left’s lawyers insist he will “never” accept a plea deal…
Polymarket, a popular crypto betting platform, has surpassed $1 billion in lifetime betting volume, driven largely by speculation on the upcoming US presidential election. More than one-third of this volume was traded…
Ripple’s Strategic Token Release In August, the cryptocurrency market is bracing for a significant event as $1.5 billion worth of token unlocks are scheduled to take place, with Ripple’s XRP leading the…
As stablecoins continue to gain traction globally, regulatory initiatives like FINMA’s guidance are likely to influence policies in other jurisdictions. In a move aimed at bolstering regulatory oversight and mitigating financial risks,…
The Bank of Zambia has defended its de-dollarization plans while also seeking input from stakeholders who oppose the proposal. Central bank governor Denny Kalyalya clarified that the bank is not proposing anything…
Grayscale Investments has received approval from the U.S. Securities and Exchange Commission (SEC) to launch its new Grayscale Bitcoin Mini Trust ETF on the New York Stock Exchange’s Arca platform. This fund…
Cardano is gearing up for its Chang hard fork with the release of Node 9.1.0, the latest version of its validator node software. This new version builds on the previous update from…
You are all caught up.
