The Commodity Futures Trading Commission (CFTC), has released a report that they have paid out a staggering $16 million to whistleblowers who have played a
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Backpack Launches Regulated Cryptocurrency Exchange in Dubai After Receiving VASP License
The Dubai-based company Backpack, known for its all-in-one web3 wallet and Mad Lads, the leading NFT collection on Solana, has unveiled its regulated cryptocurrency exchange,
Kasikorn Bank Acquires Majority Stake in Satang for $103 Million, Paving the Way for Cryptocurrency Services Expansion
Bangkok-headquartered Kasikorn Bank, Thailand’s fourth-largest bank by assets, has taken a significant leap into the world of cryptocurrencies by acquiring a 97% stake in the
Bittrex Secures Court Approval for Bankruptcy Wind-Down, Paving the Way for Creditor Repayment
Bittrex, a leading digital asset exchange, has received the green light from U.S. Bankruptcy Judge Brendan Shannon to proceed with its bankruptcy wind-down plan. This
Animoca Brands and NEOM Announce $50 Million Investment for Web3 Advancement
Hong Kong-based blockchain gaming giant, Animoca Brands Corporation Limited, has unveiled a groundbreaking strategic partnership and investment deal with NEOM Company to drive Web3 development
Bitcoin Crypto Traders: Demystifying Cross Margin and Isolated Margin in Crypto Trading
Crypto trading is a dynamic realm with diverse strategies and terminologies. Among these, “Cross Margin” stands out as a risk management technique that allows traders
Florida Hacker Sentenced to 30 Months for $1 Million SIM Swapping Cryptocurrency Heist
In a significant development, Jordan Dave Persad, a 20-year-old from Orlando, Florida, has been sentenced to 30 months in prison by United States District Judge
JPMorgan’s JPM Coin Surpasses $1 Billion in Daily Transactions
J.P. Morgan has made waves in the financial world with the revelation that their digital token, JPM Coin, now manages an astonishing $1 billion in
UN Study Uncovers Hidden Environmental Impacts of Bitcoin: Carbon Footprint is Just the Beginning
A recent comprehensive study conducted by the United Nations (UN) has unveiled concealed environmental ramifications of Bitcoin, illuminating that the cryptocurrency’s carbon footprint is merely
U.S. Banking Giants Embrace Cryptocurrency: A Transformation in Wealth Management Services
A remarkable change is taken place in 2023, major U.S. banks have initiated a fundamental shift in their wealth management services by extending exposure to