NFTs are no longer just about digital art; they are transforming industries, including live events and ticketing. NFT ticketing ensures authenticity, prevents fraud, and offers exclusive perks to ticket holders. Major events like concerts and sports leagues are beginning to embrace blockchain technology for ticket distribution. Companies like Ticketmaster have already started integrating NFTs, offering … Read more
Cryptocurrency prices showed mixed results on Monday following recent tariff announcements from President Donald Trump. Bitcoin experienced a 1.1% increase to $97,861 over the past 24 hours, despite plans to implement a 25% tariff on steel and aluminum imports. Meanwhile, XRP dropped by 0.7% to $2.45, and Ether saw a slight decline of 0.3%.
A U.S. District Judge in Manhattan has ruled that Coinbase must face a lawsuit alleging the sale of unregistered securities. The lawsuit claims that transactions were directly with Coinbase, making it a seller of 79 traded tokens. This decision comes amid ongoing scrutiny from the U.S. Securities and Exchange Commission, which is also suing Coinbase … Read more
MicroStrategy, now rebranded as Strategy, has expanded its Bitcoin holdings to nearly 480,000 tokens. Between February 3rd and 9th, the company acquired 7,633 Bitcoins for approximately $742.4 million in cash, averaging $97,255 per Bitcoin. This move aligns with their strategic focus on Bitcoin, highlighted by their recent rebranding featuring a new logo with a Bitcoin … Read more
Ethereum co-founder Vitalik Buterin has dismissed calls for a leadership change within the Ethereum Foundation, asserting his continued authority. He also condemned harassment directed at Executive Director Aya Miyaguchi, emphasizing the importance of maintaining a respectful and collaborative environment within the Ethereum community.
Osprey Funds and Rex Shares have submitted filings to the U.S. Securities and Exchange Commission (SEC) for multiple cryptocurrency exchange-traded funds (ETFs), including those focused on memecoins like TRUMP and DOGE. If approved, these ETFs would offer investors exposure to the performance of these specific cryptocurrencies, reflecting the growing mainstream interest in diverse crypto assets.
Circle, the issuer of the second-largest stablecoin, has acquired Hashnote, a leading on-chain asset management platform. This acquisition enables Circle to launch the USYC on-chain money fund, aiming to bridge traditional finance with blockchain technology. The fund is designed to provide investors with a secure and efficient way to access yield opportunities within the crypto … Read more
In 2024, cryptocurrency hacks have resulted in $2.2 billion in losses, a 21% increase from the previous year, as revealed by Chainalysis. This marks the fourth consecutive year with over $1 billion in losses, with incidents rising to 303 from 282 in 2023. The surge in crypto theft parallels the 140% rise in Bitcoin value, … Read more
Crypto enthusiasts in Washington, D.C., celebrated President Trump’s re-inauguration with the Crypto Ball, reflecting a marked shift from the previous administration’s stance on cryptocurrency. The event saw prominent figures, including Donald Trump Jr. and House Speaker Mike Johnson, mingling with crypto executives. President Trump and the First Lady introduced meme coins, echoing a broader acceptance … Read more
Following the earlier lack of involvement by banks in crypto due to the Biden administration’s restrictive policies, banks may soon be able to tap into cryptocurrency services under President Donald Trump. Trump’s government, which is pro-crypto, is expected to ease regulations, enabling banks to offer services like crypto asset custody and tokenized deposits without pre-approval. … Read more