Sat, January 31

CZ Pushes Back on Claims Linking Binance to Historic Crypto Liquidation Event

Changpeng Zhao, commonly called CZ, has strongly denied the claims that Binance caused the biggest liquidation event in the crypto market. This liquidation wiped out around $19 billion in leveraged positions on October 10. He denied all the allegations on Binance that the liquidations were incorrect during the speaking sessions

5 hours ago 2 mins read

U.S. Treasury Sanctions UK Crypto Exchanges for Iran Sanctions Evasion

The U.S. Treasury has sanctioned two crypto exchanges in the UK, Zedcex and Zedxion, for allegedly assisting Iran in evading U.S. and international financial sanctions. The sanctions were issued by OFAC, or the Office of Foreign Assets Control, at the U.S. Treasury. This is the first time that OFAC has

7 hours ago 2 mins read

Coinbase Insider Trading Lawsuit Clears Key Legal Hurdle

A US court has allowed an insider trading lawsuit against Coinbase executives, including CEO Brian Armstrong, to proceed. The plaintiffs claim that the company’s executives sold their shares while in possession of non-public information about the potential risks to the company’s stock price due to regulatory issues. The case does

7 hours ago 2 mins read

Tennessee Advances Bill to Hold Bitcoin in State Financial Reserves

Tennessee, A state in the United States, is taking major steps towards adding Bitcoin to its public financial reserves. State Lawmakers have advanced a new bill that allows the state to officially hold Bitcoin using state funds.  How the Bill works once passed Jody Barrett, a Tennessee state representative, introduced

8 hours ago 2 mins read

MegaETH Will Not Give MEGA Tokens as Listing Fees or Airdrops

In its official statements, MegaETH has been consistent about this: it has not and will not dole out MEGA tokens to exchanges, whether centralized or decentralized, for listing fees or as air drops. This is a statement of the company’s position on how listings should be done and how MEGA

9 hours ago 2 mins read

OnlyFans in Talks to Sell 60% Stake in Deal Valued at Up to $5.5 Billion

According to the report by The Wall Street Journal, OnlyFans, a London-based subscription platform is reportedly talking to the  Architect Capital, a U.S. private Equity firm, to sell its 60% stake. If the deal goes through, then it could value OnlyFans at $3.5 billion or $5.5 billion, including debt. OnlyFans

10 hours ago 1 min read

Extreme Fear in Crypto Signals Potential Market Rebound

The sentiment in the crypto market has fallen into an extreme fear zone, but experts have now begun to see this emotional drop as a possible bullish setup. Market sentiment tends to follow cyclical patterns, and extreme fear periods tend to precede recovery periods. The recent market volatility came after

11 hours ago 2 mins read

SpaceX and Tesla Merger Talks Put Corporate Bitcoin Holdings Under Scrutiny

Talks were going around for a possible merger involving SpaceX and Tesla, which drew major attention to a share of Bitcoin assets. Together, SpaceX and Tesla hold nearly 20,000 Bitcoin worth around $1.7 billion. If the Merger happens, then this Bitcoin holding would come under one structure, which will be

12 hours ago 2 mins read

Banking and Crypto Leaders Clash Over CLARITY Act Ahead of White House Policy Talks

A high-profile showdown between Coinbase and major U.S. banks has again brought the CLARITY Act into the limelight. The proposed crypto market structure bill is now pending in the Senate. At the World Economic Forum in Davos, a heated exchange occurred between Coinbase CEO Brian Armstrong and JPMorgan CEO Jamie

13 hours ago 3 mins read

SoFi Q4 Revenue Jumps as Crypto, Blockchain Drive Growth

SoFi broke its record performance in a single quarter in terms of revenue, which it attributed to the increasing adoption of its crypto trading and blockchain services. The fintech company is increasingly incorporating digital assets as a key driver of growth rather than a sideline. This move is also in

13 hours ago 2 mins read
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