General News

GameStop Drops Roaring Kitty Fraud Lawsuit After Three Days

A GameStop investor who accused Keith 'Roaring Kitty' Gill of securities fraud has withdrawn his lawsuit just three days after filing it. The plaintiff,...

Polkadot Faces Treasury Challenges with $245M in Assets and Two-Year Runway

Polkadot's treasury, holding just under $245 million in assets, has approximately two years of spending left at its current rate, according to a recent...

Metaplanet Boosts Bitcoin Holdings with $1.2 Million Purchase

Metaplanet, a publicly listed Japanese investment adviser, has acquired over 20.2 bitcoin (BTC) for $1.2 million as part of its strategy to bolster its...

Vitalik Buterin Proposes SSF for Faster Ethereum Transactions

Ethereum co-founder Vitalik Buterin has proposed a significant change in Ethereum’s roadmap with the introduction of a Single-Slot Finality (SSF) mechanism. This innovation aims...

Abra Launches Treasury Service for Bitcoin Holdings

Abra has introduced a new treasury service designed to help companies, family offices, and non-profits manage digital assets. Known as Abra Treasury, this service...

Hawaii’s Regulatory Sandbox for Crypto Companies Concludes Today

As of today, the state of Hawaii's regulatory sandbox for crypto companies, the Digital Currency Innovation Lab (DCIL), has officially concluded. Consequently, digital currency...

Sony Ventures into Cryptocurrency Market with Whalefin Relaunch

Sony has taken a significant step into the cryptocurrency market by acquiring the Japanese unit of the Hong Kong-based Amber Group. This move, first...

South Korea’s 2nd Largest Chipmaker Plans $75B AI Investment

South Korea's SK Hynix, the country's second-largest chipmaker after Samsung, has announced a monumental $74.6 billion investment over the next three years. This funding...

Polymarket Sees Record $100M Monthly Volume

As the United States presidential election approaches, the decentralized predictions platform Polymarket has experienced a surge in activity, hitting $100 million in monthly trading...

Roaring Kitty’s GameStop Fraud Allegations Likely to Fail

Keith Gill, famously known as "Roaring Kitty" from the 2021 GameStop short-squeeze, is now embroiled in a class-action lawsuit. The lawsuit accuses Gill of...

Nigerian Regulator Highlights Youth Interest in Crypto

Emomotimi Agama, the Director General of Nigeria’s Securities and Exchange Commission (SEC), noted that young Nigerians are increasingly adopting cryptocurrencies, attracted by their secrecy...

Hacks and Fraud Cost Crypto Industry Over $572 Million in Q2 2024

In the second quarter of 2024, digital assets worth over $572.7 million were lost to hacks and fraud, bringing the total for the year...