Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens. Bitcoin accounted for nearly 55% of the $2.4 trillion digital asset market at the end of last week, a …

Amid a widespread price correction affecting the majority of the top 100 cryptocurrencies, one digital asset has defied the trend, surging to impressive heights. Nervos Network, along with its native token CKB, has not only recorded significant gains but has also climbed to the 79th rank in the market, raising …

John Deaton, a pro-XRP lawyer and crypto advocate, is running for a seat in the US Senate against Elizabeth Warren, known for her skepticism on cryptocurrencies, when US regulators are stepping up their enforcement actions and crackdowns on the crypto industry. Notably, Deaton’s campaign has gained significant support from industry …

In a significant development, HashKey Group, the operator of one of the two licensed cryptocurrency exchanges in Hong Kong, has announced a collaboration with The Open Network (TON), the blockchain operator created by Telegram Messenger.  According to a South China Morning Post report, the partnership aims to allow users in …

In a dramatic turn of events, Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has been sentenced to 25 years in prison for defrauding users. The judgment was handed down by US District Judge Lewis Kaplan during a hearing in a Lower Manhattan federal courtroom on March 28.  …

Uniswap Labs, the software development company behind the decentralized exchange (DEX) Uniswap, was served with a Wells Notice by the US Securities and Exchange Commission (SEC) on Wednesday, which could result in an Enforcement Action. Amid these regulatory challenges, Uniswap Labs has partnered with Across, a cross-chain protocol, to propose …

In a recent announcement on the social media platform X (formerly Twitter), MakerDAO, the Ethereum-based protocol responsible for issuing the DAI algorithmic stablecoin, provided insights into the performance of the Maker Protocol following recent changes. Over the past few weeks, MakerDAO has implemented significant updates to the protocol and the …

Montenegro’s High Court has once again approved the extradition of Do Kwon, a key figure in the cryptocurrency Terra Luna crash, paving the way for a potential transfer to the United States.  The decision came after the local Supreme Court overturned the previous decision to extradite Do Kwon to South …

In a significant development for the cryptocurrency industry, the trial of Avraham Eisenberg, the accused perpetrator of the $100 million Mango Markets exploit, has commenced in a New York federal court.  Details Of The Mango Markets Scandal During the opening arguments presented by Assistant US Attorney Tian Huang, Eisenberg’s actions …

In recent months, the Ethereum staking landscape has witnessed significant transformations, prompting a shift in investor preferences and reshaping the sector’s dynamics.  According to on-chain data researcher and strategist at 21Shares, Tom Wan, key metrics indicate a notable change in the approach towards Ethereum staking, with restaking gaining prominence as …

In anticipation of the upcoming Bitcoin Halving event, which is expected to occur later this month, Marathon Digital CEO Fred Thiel believes that the price impact may already be factored into the market to a certain extent.  Thiel shared his insights in a recent interview with Bloomberg, in which he …

The recent volatility in the Bitcoin (BTC) price and its struggle to consolidate above the $70,000 mark has raised questions about the sustainability of its ongoing bull run. However, market expert Charles Edwards, co-founder of Capriole Invest, believes that the decentralized finance (DeFi) protocol Ethena Labs (ENA) could significantly extend …