General News

Elon Musk’s Legal Battle with OpenAI Over AGI Principles

Elon Musk, the tech mogul behind companies like X (formerly Twitter), SpaceX, and Tesla, has initiated legal proceedings against OpenAI and its CEO, Sam...

Ripple vs. SEC: Navigating the Legal Showdown

The longstanding legal battle between Ripple and the United States Securities and Exchange Commission (SEC) is heating up as the trial date of April...

Vanguard Announces Leadership Transition: Implications for Crypto Policy

In a significant announcement on Thursday, Vanguard revealed that Tim Buckley, its longstanding Chairman and CEO, will retire by the end of 2024. This...

Hong Kong Tightens Crypto Exchange Regulations

Hong Kong has implemented a significant policy change affecting the cryptocurrency exchange landscape by halting the acceptance of license applications from crypto exchanges as...

Record Highs in Crypto Derivatives Trading Volume

This week, the crypto derivatives market witnessed unprecedented activity, with exchanges like Deribit and Coinbase Institutional reporting all-time highs in trading volumes. The surge...

Binance Removes Naira from P2P Platform Amid Nigerian Government Scrutiny

Binance, a leading cryptocurrency trading platform, has withdrawn the Nigerian naira (NGN) from its peer-to-peer (P2P) trading service, sparking concern among its Nigerian user...

US Lawmakers Vote to Facilitate Bank Involvement in Crypto Custody

In a significant development for the cryptocurrency industry, the House Financial Services Committee (HSFC) has voted in favor of a resolution aimed at overturning...

Blackrock’s Bitcoin ETF Surges Towards $10 Billion Milestone

Blackrock's Bitcoin ETF is on the brink of reaching an impressive milestone, with assets under management (AUM) expected to hit $10 billion much sooner...

Blockchain Global Under Fire: ASIC Secures Travel Ban Against Allan Guo

The Australian Securities and Investments Commission (ASIC) has taken decisive action against Liang "Allan" Guo, the former director of the now-defunct cryptocurrency firm Blockchain...

South Korea Delays Crypto Plans Amid Regulatory Hurdles

South Korea’s People Power Party has paused its plans to relax rules on cryptocurrencies, notably postponing the idea of allowing local spot Bitcoin exchange-traded...

U.S. Government Transfers Nearly $1B in Bitcoin Seized from Bitfinex Hack

In a surprising move, wallets containing bitcoin seized by the U.S. government from the notorious Bitfinex hack have been activated, leading to the transfer...

Marathon Digital Unveils Anduro, a New Layer-2 Network for Bitcoin

Marathon Digital, a titan in the cryptocurrency mining sector, has made headlines with the launch of Anduro, a groundbreaking layer-2 network designed to expand...