Market News

Binance Bars Former CEO Changpeng Zhao For Life From Running The Company

In a significant move, Binance CEO Richard Teng has confirmed that Changpeng Zhao, the company's former CEO, has been permanently banned from managing or...

Crypto-Friendly Bank Slapped With Cease-&-Desist Order Under Biden’s FED Administration

United Texas Bank, a Dallas-based lender and one of the few remaining banks in the US still serving cryptocurrency firms has come under fire...

Japan Proposes To Push Crypto Tax From 55% To 20% By 2025

Japan’s Financial Services Agency (FSA) has revealed plans to reform the country’s tax code by fiscal year 2025, aiming to reduce tax burdens on...

Whale Activity Sparks Market Speculation As Solana Reaches Highest TVL In 2024

A significant movement in the Solana (SOL) ecosystem has captured the attention of crypto investors worldwide. Onlookers are keeping a close watch after Lookonchain,...

Telegram Founder’s Arrest: From TON Down By 13% To Tensions In Crypto Venture Capital Sector

Pavel Durov, the founder of Telegram, was detained outside Paris on August 24, raising concerns in the crypto venture capital sector. Durov's arrest, tied...

Binance Employee Detained In Nigeria, Denied Medical Facilities

Richard Teng, CEO of Binance, has revealed that former US federal agent and Binance employee, Tigran Gambaryan, has been detained in Nigeria for over...

Grayscale Launches Avalanche Trust, AVAX Price Jumps 10%

Grayscale Investments, the world's largest crypto asset manager, has announced the launch of the Grayscale Avalanche Trust. This new investment product offers accredited investors...

Trader Turns $1.69K SUNDOG Token To $20 Million In 6 Days

In the early hours of 21st August, a crypto trader shocked the market by turning a $1,690 investment in SUNDOG into over $20 million...

Polygon PoS Network To Upgrade From MATIC To POL

The long-anticipated upgrade from MATIC to POL will commence on September 4th, marking a significant shift for the Polygon PoS network, the company announced....

Traditional Investors Flock To Bitcoin ETFs Amid Growing Mainstream Acceptance

Hedge funds, pension funds, and banks are increasingly allocating capital into exchange-traded funds (ETFs) that invest directly in Bitcoin, signalling a broader acceptance of...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...