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Hyperliquid Strategies, a Nasdaq-listed firm built around holding HYPE tokens, used its quarterly earnings release on Thursday to reveal a second ambition…
Key Takeaways: As the U.S. election season approaches, crypto advocate Michelle Bond is spearheading a new initiative aimed at educating and registering voters in key swing states about cryptocurrency and its potential impact. This project, unveiled by Bond’s think tank…
Key Takeaways: The cryptocurrency market is currently in a state of calm, with investors patiently awaiting the next bull run. Altcoins are positioned at what many consider to be prime entry points, already showing signs of upward momentum and poised…
Key Takeaways: The Indian Budget 2024, presented on July 23 by Finance Minister Nirmala Sitharaman, has left the crypto community feeling neglected. The budget made no changes to the existing tax regime for Virtual Digital Assets (VDAs), ignoring pleas from…
Key Takeaways: Bitwise has made history by becoming the first U.S. spot Ethereum (ETH) ETF issuer to publish wallets, fulfilling its commitment to transparency for its ETHW fund. This move follows the company’s January initiative, where it disclosed public Bitcoin…
Key Takeaways: Two crypto promoters, Nestor Nunez and Antonia Perez Hernandez, have pleaded guilty to conspiracy to commit wire fraud in connection with the infamous Forcount Ponzi scheme. This fraudulent operation targeted primarily Spanish-speaking investors and resulted in an estimated…
Key Takeaways: Defunct digital asset lender BlockFi has unveiled a pivotal development in its bankruptcy estate recovery process, announcing that its U.S. clients will receive 100% of their eligible claims within the next three months. This significant milestone follows a…
Key Takeaways: Binance.US, the American affiliate of the global crypto exchange Binance, has secured a pivotal court victory. A federal judge has granted Binance.US permission to invest certain customer assets in the U.S. Treasury bills, lifting previous restrictions imposed by…
Key Takeaways Bankrupt crypto lender BlockFi announced that it will start its first interim crypto distributions via Coinbase in July 2024. This move marks significant progress in returning funds to customers affected by BlockFi’s financial troubles following the collapse of…
Key Takeaways: Global cryptocurrency exchange OKX has announced that it will cease its operations in Nigeria due to evolving local regulations. This decision, disclosed in an email to its Nigerian clients on July 17, marks a significant shift for the…
Key Takeaways: Cryptocurrency exchange WazirX has fallen victim to a significant security breach today, resulting in the theft of approximately $234.9 million. The breach has primarily impacted the Safe Multisig wallet on the Ethereum network, leading to substantial user fund…
