China Backs Hong Kong’s Plans to Be a Crypto Hub
On Monday, Hong Kong made a proposal for new regulations that would make it possible for retail investors to trade certain large-cap tokens on licensed...
Galois Capital Closes its Doors as the Result of the FTX Collapse
Galois Capital, a renowned crypto investment firm, has unfortunately closed operations after losing half of its capital amid the FTX collapse. Keeping the considerable loss...
Solana (SOL) Soars Past $26 as Helium Announces Merge Date
In a recent development, Helium announced that it would be shifting to the Solana (SOL) at the end of the next month. The upgrade would...
Judges Might Impose Stricter Bail Restrictions for Sam Bankman-Fried
The uncertainty around bail conditions of Sam Bankman-Fried have been growing consistently, and it is reported that the judge has ordered to make these conditions...
Binance Reportedly Transferred $400M from a US Account to CZ’s Firm
Recently, an investigative report has surfaced that points fingers at Binance for transferring a sum of $400M to a firm owned by Changpeng Zhao. An...
Mongraal Wins Bored Ape Yacht Club’s Dookey Dash Challenge
Just recently, Yuga Labs, the company behind the Bored Ape Yacht Club NFT Collection, has announced Mongraal as the winner of its Dookey Dash challenge....
Bitcoin (BTC) Crosses $24,500 – Why is the Crypto Market Soaring High
The recent regulatory crackdown disrupted the crypto market initially, forcing numerous tokens to trade at a lower price. In a recent development, the market has...
Polygon zkEVM Beta Mainnet Will Go Live in March
With the launch of the Polygon zkEVM testnet the previous year, the crypto world was offered a glimpse of seamless scaling for Ethereum. Classified as...
Tether (USDT)’s Market Dominance Goes Past 50% as BUSD Loses Ground
The stablecoin market has been subject to several shocks as the crackdown of the SEC against Paxos is gearing up. The current uncertain situation is...
Magic Eden Lays Off 22 Employees Amid Organizational Restructuring Process
The layoff season is not over within the crypto market as Magic Eden has laid off 22 of its employees at the start of this...