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US Senate May Repeal SEC's Crypto Custody Rule
May 15, 2024
US legislator Wiley Nickel has called upon the Securities and Exchange Commission (SEC), under Gary Gensler's leadership, to repeal the Staff Accounting Bulletin 121 (SAB 121) before a crucial Senate …
Read moreCrypto-Friendly Law Comes into Effect in Oklahoma
May 15, 2024
Oklahoma has approved a bipartisan bill that safeguards the rights of crypto users and miners. Governor Kevin Stitt signed HB 3594 into law on May 13, which will come into …
Read moreTwo Brothers Charged with $25M Ethereum MEV Exploit Scandal
May 15, 2024
Two brothers have been implicated in a major Ethereum exploit, incurring fraud charges related to MEV (maximal extractable value). They are accused of manipulating this controversial practice in a mere …
Read moreIn Anticipation of IPO, Stablecoin Issuer Circle Plans Shift to U.S. From Ireland
May 15, 2024
Circle, the leading stablecoin issuer, is reportedly planning to move its legal domicile from Ireland to the United States, raising eyebrows among industry insiders. Despite potentially confronting a tougher regulatory …
Read moreBitcoin Surges to $64,000 in Response to US CPI Inflation Data
May 15, 2024
US CPI Inflation Data in Sync with Market PredictionsRecent data from Trading Economics demonstrates that the much-awaited US Consumer Price Index (CPI) inflation figures are in alignment with the market …
Read moreDegen Chain Returns After Two-Day Outage; Infrastructure Stabilization Underway
May 15, 2024
Ethereum's layer-3 blockchain, Degen Chain, is back in operation, after a two-day-long outage which began on May 12 and affected multiple decentralized applications and bridges on the network. The revival …
Read moreEthereum Price Looks Upwards; Apeiron Game Announces $1M Championship
May 15, 2024
As Ethereum price eyes a fresh uptick with an anticipated upside break above the $2,900 level, significant gains for Ethereum may lie ahead. Coupled with an enticing $1 Million eSports …
Read moreHacks on DeFi Protocols Sonne Finance and ALEX Lab Result in $24M Loss
May 15, 2024
In a major security breach, two DeFi projects, Sonne Finance and ALEX Lab, have faced significant exploits leading to an overall loss of over $24 million. Sonne Finance, a decentralized …
Read moreLearn Concept: The Correlation between Bitcoin and Equities' Performance
May 15, 2024
The concept we delve into today is the correlation between Bitcoin (BTC) and equities performance. This correlation reached 0.17 last week after marking a multi-year low of 0.01 in March. …
Read moreBitcoin-Equities Correlation Rising, Brazil's Trading Volume Surges
May 14, 2024
Bitcoin's (BTC) correlation with equities has been noted to be on the rise, with a 90-day correlation reaching 0.17 last week after hitting a multi-year low of 0.01 in March, …
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