The addition of options features to Bitcoin exchange-traded funds (ETFs) in the US market is a highly anticipated development. Bloomberg ETF analyst, James Seyffart, has suggested that these features could be implemented as early as the third quarter. He mentioned the final deadline for a decision from the US Securities and Exchange Commission (SEC) is
Cash
Supervillain Wanted, a game that has taken the gaming world by storm, is not your average mobile game. With its unique blend of Web2 and Web3 technologies, this strategic game offers players a whole new gaming experience. The game, developed by Supervillain Labs, has quickly gained popularity within the gaming and blockchain communities since its
The stablecoin market saw a 2.11% growth in total market capitalization in July, reaching a staggering $164 billion. This growth trend has been consistent for the past ten months, signaling a steady ascent for major stablecoins. Tether, the leading stablecoin, experienced a 1.61% increase to $116 billion, setting a new all-time high. This indicates Tether’s
In the second quarter of this year, Riot Platforms reported a net loss of $84.4 million, a significant increase from the $27.4 million loss in the same period last year. The widened losses can be attributed to the continued impact of the April Bitcoin halving event. Despite this, Riot still managed to generate a total
Nader Al-Naji, the founder of BitClout, a social media platform, has found himself in hot water with the US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ). Both regulatory bodies have charged Al-Naji with orchestrating a multi-million-dollar fraudulent crypto asset scheme involving BitClout’s native token, BTCLT. The SEC’s complaint against Al-Naji alleges
In recent news, there has been a shocking revelation linking convicted UK hacker Gurvinder Bhangu, known as Gurv, to the high-profile compromises of American actress Sydney Sweeney and ‘Breaking Bad’ actor Bob Odenkirk’s accounts. These hacks resulted in over $530,000 being stolen through Solana meme coin scams. Renowned on-chain detective ZachXBT uncovered compelling evidence pointing
The cryptocurrency market has been experiencing heightened volatility recently, leading to fluctuations in investor sentiment. Bitcoin (BTC) saw a drastic price increase to nearly $70,000 on July 29, only to drop below $66,000 the next day, currently trading around $66,300 according to CoinGecko’s data. This correction was further exacerbated by the news of the US
The recent success story of a trader who bought and sold 170.2 billion PEPE coins, making a $1.77 million profit, highlights the potential for huge gains in the meme coin market. However, it also serves as a stark reminder of the volatility and risks associated with trading these assets. While some traders have seen their
In recent developments, the once-defunct cryptocurrency exchange Mt. Gox has begun repaying creditors impacted by the 2014 hack. This move has sparked interest and speculation within the crypto community, particularly regarding the potential impact on the market. Initially, there were concerns among crypto investors that the repayment of Bitcoin and Bitcoin Cash to Mt. Gox
Crypto exchange Bitstamp has taken a significant step towards returning recovered digital assets to creditors of the now-defunct Mt. Gox exchange. This development marks a crucial milestone in the decade-long struggle to compensate those impacted by the notorious 2014 hack that eventually led to the collapse of Mt. Gox. Bitstamp is just one of the