Budding crypto writer with a keen interest in providing fresh insights and the latest updates in the crypto space. Enthusiastic about translating complex crypto concepts into clear, actionable information for readers.
The U.S. Securities and Exchange Commission (SEC) has disbursed $4.6 million to investors affected by BitClave’s 2017 unregistered initial coin offering (ICO). The payout follows a settlement reached in 2020, where BitClave agreed to repay the $25.5 million raised during its ICO, in addition to paying $4 million in penalties
November 21, 2024 2 mins read
Bitcoin (BTC) surged to a new all-time high of $97,628 and is currently trading at $97,360 marking a 5.60% gain in the past 24 hours. The global crypto market cap climbed 2.77% to $3.15 trillion, driven by a pro-crypto U.S. government and institutional demand. Trading volume for Bitcoin rose 6.74%
November 21, 2024 2 mins read
The Royal Government of Bhutan has strategically accumulated Bitcoin worth over $1.1 billion, representing 34% of the nation’s GDP. This significant holding stems from Bhutan’s innovative use of its vast hydropower resources to mine. Bhutan has emerged as one of the largest state-level holders of cryptocurrency. Bhutan now ranks third
November 20, 2024 1 min read
Solana (SOL) is trading at $235.69, marking a 3.11% decline in the past 24 hours. The cryptocurrency has a market capitalization of $111.87 billion, with a market cap ratio of 6.20%. Over the last day, trading volume has dropped 11.03% to $6.88 billion. Despite this dip, Solana remains the fourth-largest
November 20, 2024 2 mins read
President-elect Donald Trump is reportedly considering Teresa Goody Guillén, a seasoned securities attorney and blockchain expert, to chair the U.S. Securities and Exchange Commission (SEC). Goody Guillén, a partner at BakerHostetler and co-lead of its blockchain team, has significant experience in securities law and blockchain advocacy. A crypto lawyer running
November 20, 2024 2 mins read
Binance’s announcement of a new asset, BFUSD, has sparked intense discussions in the crypto community. Although the platform advertised BFUSD as a high-yield margin asset with a 19.55% annual percentage yield (APY), many initially mistook it for a stablecoin due to its name and promotional comparisons to similar assets. Binance
November 19, 2024 2 mins read
A California federal judge has rejected the crypto exchange’s request for an interlocutory appeal in its ongoing case with the U.S. Securities and Exchange Commission (SEC). Judge William Orrick issued the ruling on November 18, emphasizing that an appeal would only delay resolution without advancing the case. The SEC filed
November 19, 2024 2 mins read
BIT Mining Ltd., formerly known as 500.com, has agreed to pay a $10 million penalty to resolve allegations of violating the Foreign Corrupt Practices Act (FCPA). The charges stem from a bribery scheme aimed at influencing Japanese government officials to secure a casino license between 2017 and 2019. Former CEO
November 19, 2024 2 mins read
Dutch fintech company Quantoz Payments has launched two MiCA-compliant stablecoins, USDQ and EURQ, with backing from Tether, Kraken, and Fabric Ventures. The tokens pegged to the U.S. dollar and euro, aim to provide a regulated and secure option for digital payments across Europe. These stablecoins will debut on November 18
November 18, 2024 2 mins read
Hedera ($HBAR) has seen a remarkable price surge, climbing by 43% in one day. Its current price stands at $0.1191, with a 37.84% increase in market capitalization, now at $4.49 billion. The trading volume surged by 29.33% to $1.21 billion, showing strong investor activity. The market cap ratio of 26.05%
November 18, 2024 2 mins read