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Microstrategy and Michael Saylor Settle DC Tax Lawsuit for $40 Million
June 3, 2024
In a notable legal resolution, MicroStrategy and its co-founder Michael Saylor have agreed to a $40 million settlement in connection with a tax lawsuit brought by the District of Columbia. …
Read moreMonochrome to Launch Australia’s First Spot Bitcoin ETF
June 3, 2024
Introduction of Australia’s First Spot Bitcoin ETFMonochrome Asset Management is set to make history with the launch of Australia’s first spot Bitcoin Exchange Traded Fund (ETF), Monochrome Bitcoin ETF (IBTC). …
Read moreMatter Labs Abandons Trademark Effort for 'Zero-Knowledge' Following Backlash
June 3, 2024
Matter Labs, the team behind Ethereum layer-2 network zkSync, announced on June 2 that it would drop all trademark applications for “zero-knowledge (ZK).” The move comes after a wave of …
Read moreGameStop Surges as Keith Gill Returns to Reddit
June 3, 2024
Shares of GameStop significantly surged during pre-market trading after Keith Gill, famously known as 'DeepFuckingValue' on Reddit, made a notable return to the social media platform.In an impactful Reddit post, …
Read moreWeekly Roundup: Major Developments in Crypto and NFTs
June 3, 2024
Bitfarms Rejects Riot's Unsolicited Acquisition Offer: Bitfarms declined Riot Platform's $950 million bid, citing undervaluation of growth potential amid leadership changes.Gemini Earn Returns Over $2 Billion in Cryptocurrency to Users: …
Read moreNotcoin (NOT) Hits $1.81 Billion Market Cap After 238% Weekly Gain
June 2, 2024
This week has seen some significant moves in the world of crypto and NFT gaming, most notably with the stellar performance of the Notcoin (NOT) token. Notcoin has taken the …
Read moreCelebrities Dive into Solana Meme Coins as Bitcoin and Ethereum Remain Steady
June 2, 2024
The cryptocurrency market witnessed an interesting divergence this week as major tokens like Bitcoin and Ethereum held their ground, while the sphere of meme coins saw increased activity around celebrity …
Read moreUnderstanding the SEC’s Staff Accounting Bulletin 121
June 2, 2024
The recent veto by President Joe Biden on a pro-crypto resolution emphasizes the significance of the SEC's Staff Accounting Bulletin 121. This critical document outlines vital accounting standards for companies …
Read moreUniswap Foundation Delays Protocol Upgrade Amid Legal Challenges
June 1, 2024
The Uniswap Foundation has postponed a highly anticipated upgrade proposal that aimed to enhance its governance and fee distribution model. The decision came after a new issue raised by a …
Read morePresident Biden Vetoes Pro-Crypto Resolution Defending SEC's Directive
June 1, 2024
President Joe Biden recently vetoed a pro-crypto resolution, standing firmly in defense of the Securities and Exchange Commission's (SEC) guidance, which aims to protect consumers and investors.The resolution, which had …
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