Crypto News

Nigeria Moves to Regulate and Tax Cryptocurrency Trading to Enhance Revenue

Nigeria has taken yet another step to tax cryptocurrency trading more. According to Bloomberg, in an effort to increase its revenue stream, Nigeria is...

Ethereum Transaction Fees Drop To $0.41 From $15.21 For First Time In 2 Years, Is Price Surge Coming?

Ethereum’s transaction fees have dropped to an average of $0.41, a significant decline from the $15.21 high seen in the past two years.  This decline...

South Korea’s Supreme Court Rules Terra Luna Is Not A Financial Investment Product, Details Inside

The Supreme Court of South Korea has ruled that Terra Luna, the cryptocurrency at the centre of a massive market collapse, is not a...

Coinbase Faces Shareholder Lawsuit Over Bankruptcy Risks And Trading Practices

Coinbase and its executives are facing a shareholder lawsuit accusing them of misleading investors about the company’s bankruptcy risks and engaging in risky trading...

$BONK’s Descent Continues, Token Eyes Critical Support Level At $0.0000091

The price of the memecoin BONK has been in dole drums for the past week, with a downward trajectory of nearly 9.6%. Ali Martinez via...

U.S. Court Seizes Over $1B in Assets from FTX’s Sam Bankman-Fried Including Robinhood Shares and Private Jets

In a major legal development, a U.S. court has seized over $1 billion in assets belonging to former FTX CEO Sam Bankman-Fried (SBF) as...

Algorithmic Trading Firm Wintermute Expands To U.S. By New York Office And New Crypto Products Launches

Crypto market maker Wintermute is setting its sights on the United States, planning to establish a New York office and introduce new trading products.  The...

Cygnus Secures $20M in Pre-Seed Funding with Backing from Manifold, OKX Ventures, and Top Venture Firms

Cygnus, a modular yield layer designed to enhance blockchain security and interoperability, has successfully secured $20 million in a pre-seed funding round.  The investment was...

Pro-Crypto Financier Howard Lutnick Confirmed as U.S. Secretary of Commerce

In a positive turn of events, the US Senate approved pro-crypto Howard Lutnick as the 41st Secretary of Commerce, placing a pro-crypto financier in...

MicroStrategy Plans $2B Private Offering of 0% Convertible Notes for Buying Bitcoin & Working Capital

Strategy (previously MicroStrategy) has announced that it will privately offer eligible institutional buyers $2.0 billion in total principal amount of 0% convertible senior notes...
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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...