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Solana Oversells Saga Phones Due to Surging Demand
December 23, 2023
After an apology from Solana Labs for overselling their new mobile device, the Saga, it has been revealed that the firm canceled orders due to inventory management issues. The sudden …
Read moreLearn Concept: Regulatory Compliance in the Crypto Industry
December 23, 2023
Adherence to regulatory requirements is crucial for the survival and success of any entity in the finance sector, and this includes the crypto industry. A shift from traditional finance to …
Read moreThe Breakthrough of Crypto, NFTs, and AI-converged Virtual Worlds in 2024
December 23, 2023
The upcoming plans of Wildcard, led by founders Paul and Katy Bettner, emphasize its prospective role as a 'Web3 game', disabusing the common notion of it being a mere crypto …
Read moreSouth Korean Game Giant and Whampoa Digital Set Up $100 Million Blockchain Fund
December 23, 2023
Wemade, a South Korean gaming firm, and Whampoa Digital, the tech investment wing of Singapore's Whampoa Group, have announced a $100 Million Web3 fund aimed at fostering digital asset initiatives …
Read moreDormant Bitcoin Supply Drop Hints at Rally as Ethereum and Solana Surge
December 23, 2023
Market Overview An analysis of the dormant Bitcoin, defined as the percentage of circulating Bitcoin that has remained inactive for over a year, showed essential patterns. The dormant supply reached …
Read moreBulgarian Authorities Conclude Nexo Money Laundering Investigation without Charges
December 23, 2023
The Bulgarian Prosecutor's Office has terminated its investigation into four individuals affiliated with the online platform, Nexo, due to lack of evidence. The investigation, that started on September 29, 2022, …
Read moreDeFi Platform, BarnBridge DAO, Agrees to $1.7M Settlement with SEC over Crypto Bonds
December 22, 2023
BarnBridge DAO, a decentralized finance (DeFi) platform, and its founders have reached a $1.7 million settlement agreement with the United States Securities and Exchange Commission (SEC). The settlement is related …
Read moreHong Kong Regulators Ready to Review Spot Crypto ETF Applications
December 22, 2023
Financial regulators from Hong Kong's Securities and Futures Commission (SFC) and the Monetary Authority (HKMA) have signaled their readiness for the review of applications for spot crypto exchange-traded funds (ETFs). …
Read moreBitcoin Outperforms Traditional Markets, Poised for Potential 10% Rally
December 22, 2023
Overview The cryptocurrency market is currently witnessing a strong momentum with Bitcoin taking the lead. Not only has Bitcoin broken past the trading timelines of traditional markets such as S&P; …
Read moreRipple CEO Accuses SEC Chair of 'Stunning Hypocrisy'
December 22, 2023
RippleCEO Brad Garlinghouse has launched harsh criticism at U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, condemning him for his supposed 'stunning hypocrisy'. Garlinghouse's remarks stem from Gensler's recent …
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