The French government has now begun to investigate the cryptocurrency exchange Bybit for possible regulatory violations. This comes regardless of reaching a worldwide user milestone of 20 million after five years of operation. Regarding Bybit’s unlawful status in the region, the French financial regulatory authority, the Autorité des Marchés Financiers
May 16, 2024 2 mins read
As it commemorates the third anniversary of its mainnet debut, Internet Computer Protocol (ICP), a decentralized blockchain network that expands the capability of Web3 by overcoming the constraints of conventional blockchains and smart contracts, today announced the “Year 4 Internet Computer Roadmap”. The updated roadmap includes major areas of development aimed
May 16, 2024 4 mins read
Just recently, the Shiba Inu (SHIB) team announced the release of ShibaSwap on Shibarium, a solution for layer-2 scaling, much to the delight of its community. With the release of ShibaSwap on Shibarium, the much-anticipated platform for the Shiba Inu ecosystem, the project has entered a new phase of rapid
May 15, 2024 2 mins read
In an effort to facilitate more international commerce in Africa, TBD, a digital payment business backed by Jack Dorsey, has established a collaboration with Chipper Cash. The business has announced plans to increase its footprint across 40 African nations. Block, which TBD is a subsidiary of, was co-founded by Jack
May 15, 2024 2 mins read
The record achievement of Galaxy Digital Holdings’ mining operation during Q1 contributed to the company’s increased revenue and earnings, which were driven by the surge in crypto prices. The financial services company led by Michael Novogratz that specializes in digital assets said on Monday that its net income for the
May 15, 2024 1 min read
Investments in Grayscale and BlackRock’s spot Bitcoin exchange-traded funds were disclosed by the State of Wisconsin Investment Board (SWIB). The entity in charge of the management of the state trust funds in Wisconsin revealed in a filing with the U.S SEC on May 14 that it owned over 2.4 million
May 14, 2024 1 min read
A recent SEC filing by Bank of Montreal revealed the bank’s exposure to spot Bitcoin ETFs. A number of issuers’ spot ETF holdings were revealed by the bank in a recent disclosure. This follows the trend of conventional financial institutions purchasing Bitcoin ETFs. The fourth-largest bank in Canada, the Bank
May 14, 2024 1 min read
The iShares Bitcoin Trust (IBIT), an exchange-traded fund (ETF) for bitcoin owned by BlackRock, has surpassed all of its rivals in terms of the number of corporations that have invested in it. There are already 250 corporate investors of the BlackRock Bitcoin ETF, which began operations on January 11 after
May 13, 2024 1 min read
Saturday saw a tremendous increase in the price of Terra Luna Classic ecosystem tokens due to the removal of 1.85 billion USTC and 222 million LUNC tokens from circulation in the Luna Foundation Guard (LFG). In only a few hours, the price of LUNC surged by more than 10% and
May 12, 2024 1 min read
Reports indicate that the US Department of Justice (DOJ) has entrusted the international consultant company Forensic Risk Alliance (FRA) to oversee Binance’s compliance with regulatory mandates for the next three years. As part of its November 2023 plea bargain, Binance admitted to federal accusations of money laundering and paid a
May 11, 2024 2 mins read