News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Catching up on a mere 11 days' worth of news.
According to Josh Gerben, the social media platform could be embroiled in lawsuits over its “X” branding for years, costing upward of millions of dollars.
U.S. District Judge John Koeltl granted a continuance for former Celsius CEO Alex Mashinsky’s trial start date, citing the “volume of discovery” and the “complexity of the case.”
Alex Mashinsky was arrested earlier this month on fraud and price manipulation charges.
Namibia's virtual assets bill became an act and was put into law on Friday according to the Gazette of the Republic of Namibia.
Binance, Changpeng Zhao and Samuel Lim filed a motion Monday night asking the court for additional length in its response.
The new law describes a legal framework for a central bank digital token
Sam Bankman-Fried allegedly leaked private writings from his alleged co-conspirator to “influence public opinion” ahead of his trial this fall.
The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements
Ripple’s XRP offerings are unique, and the wider applications of the court’s ruling are difficult to determine, the report said.
- 04:40The transaction fee for Bitcoin has dropped to an average of 0.75 US dollarsAccording to the data from mempool, the transaction fees for low, medium, and high priority Bitcoin transactions have dropped to an average of $0.75 (8 satoshis/byte).
- 04:28The crucial vote for the approval of Ethereum spot ETF may come from Gary GenslerBased on previous historical experience, the fate of Ethereum spot ETF may be decided by a vote from Gary Gensler, the chairman of the U.S. SEC this week. In January this year, the approval of Bitcoin spot ETF was handled by a panel consisting of five members. Two members who are friendly to the cryptocurrency industry, Hester Pierce and Mark Uyeda, voted in favor of the ETF while Caroline Crenshaw and Jaime Lizárraga voted against it. Gensler also cast his vote in favor eventually; many industry insiders believe that his vote ultimately ensured the approval of Bitcoin spot ETF. The ETF was approved with a 3-to-2 voting result on January 10th, 2024.
- 04:28Pitchbook Analyst: Mergers in the cryptocurrency industry will significantly increase later this year, especially in areas such as exchanges and custodiansPitchbook analyst Robert Le said, "The revival of publicly traded tokens and the continued increase in institutional adoption will drive an increase in venture capital." He further added, "Investment round competition is very fierce, especially at the early stages. What's more complex is that valuations for early deals are higher than later ones... We will observe whether this trend continues over the next few quarters." In addition, he predicts that as the market matures, there will be an increase in mergers within the crypto industry later this year, particularly among cryptocurrency exchanges, custodians and infrastructure providers.
