The latest seven-day crypto chart highlighted a mixed bag of results, with most major coins experiencing a dip in value. However, amidst this downturn, one particular meme coin stood out – Popcat. While Dogecoin, Pepe, and Bonk recorded losses of 6%, 2%, and 2% respectively, Popcat defied the trend with an impressive 52% weekly gain
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Gameplay Galaxy, a promising player in the blockchain gaming sector, has recently secured an impressive $11.17 million in a seed extension round. This round, co-led by Blockchain Capital and Merit Circle, has propelled the company’s total valuation to $71 million and total funding to $24 million. The primary focus of this funding round is to
The recent settlement between the US Securities and Exchange Commission (SEC) and crypto lending firm Abra highlights the consequences of failing to register a crypto asset product. Abra Earn, the lending product in question, was sold to US investors without complying with registration laws, leading to charges against the company and its owner, Plutus Lending
Meta’s recent decision to cancel its next-generation mixed-reality headset has sent shockwaves through the tech community. The move, which CEO Mark Zuckerberg and other top executives deemed necessary after a product review meeting, reflects a broader shift in the company’s strategic priorities. Instead of going head-to-head with high-end hardware competitors like Apple’s Vision Pro, Meta
The recent endorsement of rate cuts by Federal Reserve Chairman, Jerome Powell, has sparked a new wave of speculation in the financial markets. While the current benchmark rate for overnight money market loans hovers around 5.25% to 5.5%, Powell’s announcement at Jackson Hole, Wyoming indicated a clear intention to lower interest rates in the near
Samuel Edyme, known as HIM-buktu in the web3 content world, is a jack-of-all-trades when it comes to writing, journalism, and trading. His story is not one of instant success, but rather a journey filled with ups and downs. Starting out with a Ponzi scheme that lured him in using crypto as payment, Edyme did not
The US Securities and Exchange Commission (SEC) has pushed back against Hex founder Richard Heart’s attempt to dismiss the $1 billion securities fraud lawsuit filed against him. The SEC filed an opposition brief in a New York federal court, arguing that Heart’s motion to dismiss does not adequately address the allegations in the complaint and
Bitcoin ETFs have been experiencing a significant increase in popularity and investment, with more than $500 million allocated to the largest US-based products in the last trading week. Despite a rough start at the beginning of the month, with losses of over $550 million in just three days following a major crash for BTC, both
Lately, Cardano has been the subject of numerous bullish predictions, especially in relation to the highly anticipated Chang upgrade. This significant upgrade is set to be one of the most crucial ones for the network in quite some time, sparking a wave of optimism among its supporters. Over the past three years, the Cardano price
A US federal judge has denied crypto exchange Kraken’s request to dismiss the lawsuit filed by the Securities and Exchange Commission (SEC) over allegations of operating an unregistered securities exchange, despite Kraken’s argument that the SEC’s allegations are unfounded. The decision comes after Kraken requested a dismissal of the case filed by the SEC in