HashKey Global, a licensed virtual asset exchange, has partnered with Sonic, a layer-2 network in the Solana ecosystem. Sonic will be a Web3 partner of HashKey Global. The two sides will work together around the Solana ecosystem to provide users of digital assets and global players better creative experiences. HashKey Global will
November 25, 2024 3 mins read
Despite announcing plans for expansion in the next year, Axie Infinity maker Sky Mavis has announced the layoff of 21% of its employees. As per a report by TechInAsia, out of around 250 worldwide team members, over 50 are scheduled to be let off. CEO and co-founder Trung Nguyen stated:
November 25, 2024 1 min read
In light of a rumoured inquiry into the platform’s compliance with local gambling regulations, prediction marketplace Polymarket has widened its access restrictions to include users in France. Although the company has not yet made an official announcement regarding the ban on French users. A message stating that Polymarket is in
November 23, 2024 2 mins read
Another high-ranking US Securities and Exchange Commission (SEC) officer has announced their impending resignation, drastically altering the trajectory of the agency. A statement made on November 22nd states that SEC Commissioner Jaime Lizárraga would resign on January 17th, which is less than three years after taking the oath of office.
November 23, 2024 2 mins read
Market excitement was sparked by Senator Cynthia Lummis’ recent statement that increasing Bitcoin holdings might contribute to halving the US debt in 20 years. Notably, Lummis has been an outspoken advocate for Bitcoin, which has recently drawn a lot of interest from players in the cryptocurrency market. Despite this, the
November 22, 2024 2 mins read
SEC Chair Gary Gensler will be resigning from his post next year, according to the US Securities and Exchange Commission (SEC). Gensler has been under pressure to step down ever since Donald Trump was elected president of the United States. Gary Gensler’s departure from the US SEC is scheduled for
November 22, 2024 2 mins read
Hyve, a Symbiotic-secured high-throughput middleware data availability protocol, is excited to announce a strategic partnership with Lido, the industry-leading liquid staking protocol for Ethereum, to create X Committee, HyveDA’s next permissionless, Ethereum-aligned DAC. Through the staked ETH underpinning validators, HyveDA will be able to expand Ethereum’s security by listing Lido’s wstETH
November 21, 2024 3 mins read
This past Wednesday, the crypto wallet platform Phantom hit an all-time high ranking in the iOS app store. For the first time ever, Phantom cracked the top ten of the best free iPhone applications, coming in at number nine. It lagged behind the short-form video app TikTok, which took eighth
November 21, 2024 2 mins read
The trading platforms fraud case against Gary Wang, a former senior executive of the now-defunct FTX exchange, will not result in a prison sentence. Judge Lewis Kaplan of the United States District Court issued an unusually lenient ruling in Manhattan Federal Court. Wang had already entered a guilty plea for
November 21, 2024 2 mins read
Author Robert Kiyosaki of the best-selling “Rich Dad Poor Dad” book has given his stamp of approval to MicroStrategy cofounder Michael Saylor’s $13 million Bitcoin forecast. In his opinion, Saylor is correct. According to Kiyosaki’s latest social media post, Saylor is quite smart. The price of Bitcoin hit $94,040 on
November 20, 2024 2 mins read