General News

Court Orders ASIC to Pay Costs in Block Earner Legal Dispute

Block Earner, a crypto-based startup, will not face penalties for its yield-bearing product, “Earner,” due to its honest efforts to engage with the government...

Wisconsin Pension Plan Poised to Expand Bitcoin ETF Investments

David Krause, a finance professor at Marquette University, believes that the State of Wisconsin Investment Board’s (SWIB) initial investment in Bitcoin exchange-traded funds (ETFs)...

Bitpanda Partners with Deutsche Bank for Fiat Transactions in Germany

Crypto broker Bitpanda has partnered with Deutsche Bank to manage fiat deposits and withdrawals for its German users. This is Bitpanda’s second significant collaboration...

Qatar Central Bank Launches First Phase of CBDC Project

The Qatar Central Bank (QCB) has completed the infrastructure for its central bank digital currency (CBDC) project and has initiated the first phase of...

Dapper Labs Settles NFT Securities Lawsuit for $4 Million

Dapper Labs has reached a tentative settlement with investors who accused the non-fungible token (NFT) company and its co-founder and CEO, Roham Gharegozlou, of...

Halving Impact: Bitfarms’ Crypto Mining Revenue Drops 42%

Bitfarms, a prominent Bitcoin mining company, experienced a significant revenue decline in May, the first full month after the Bitcoin halving event in April....

Bitcoin ETFs Significant Inflows for BlackRock and Fidelity in 2024

Bitcoin exchange-traded funds (ETFs) have become a substantial component of BlackRock's and Fidelity's ETF inflows this year. According to Bloomberg ETF analyst Eric Balchunas,...

Coinbase Contributes $25 Million to Crypto Super PAC Fairshake

Coinbase has donated $25 million to the crypto-focused super political action committee (PAC) Fairshake, joining forces with Andreessen Horowitz and Ripple to bolster its...

Crypto Exchanges See $3B Ethereum Exit Post ETF Approvals

Since the approval of spot Ether exchange-traded funds (ETFs) in the United States on May 23, over $3 billion worth of Ether has been...

Frax Finance CEO Suspects Insider Involvement in X Account Hack

Frax Finance’s X account was hacked on June 1, despite no passwords being breached or tampered with. The incident has led CEO Sam Kazemian...

Maple Finance Launches Syrup Protocol

On May 28, Maple Finance, an institutional lending platform in decentralized finance (DeFi), launched a new protocol named Syrup. Designed to provide institutional yield...

OKX Expands to the Netherlands

Major global cryptocurrency exchange OKX has officially launched its services in the Netherlands, introducing a local trading platform and a Web3 wallet. The announcement...