Sun, July 27

Senator-elect Bernie Moreno Joins Senate Banking Committee

Senator-elect Bernie Moreno, a Republican from Ohio, has been assigned to the Senate Banking Committee. Incoming Republican Senate Majority Leader John Thune announced the appointment. This committee oversees two critical agencies, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Moreno’s appointment is seen as

December 24, 2024 2 mins read

Is MoonPay Set to Make Its Largest Acquisition Yet?

Crypto payment platform MoonPay is reportedly in talks to acquire Helio Pay, a leading e-commerce platform that enables businesses to accept payments in various cryptocurrencies. The deal, valued at around $150 million, would mark MoonPay’s largest acquisition yet. 🚨SCOOP: @FoxBusiness has learned that #crypto payment services provider @moonpay is in

December 24, 2024 1 min read

Euro-Backed Stablecoins Hit €800M Volume Amid MiCA Boost

With the help of the Markets in Crypto-Assets Regulation (MiCA), euro-backed stablecoins became a major force in the expansion of the European cryptocurrency sector in 2024. After gaining interest from regional institutional investors and liquidity providers, these coins set a new monthly volume record. In November, the volume of euro-backed

December 23, 2024 2 mins read

Ripple CLO Calls for End to SEC Lawsuit on Case’s Fourth Anniversary

Stuart Alderoty, chief legal officer of Ripple, has openly demanded the termination of SEC v. Ripple on the fourth anniversary of the case. In addition, he asked the soon-to-be Trump administration to fix the problems caused by William “Bill” Hinman, a former SEC official who made misleading regulatory claims that

December 23, 2024 2 mins read

Pavel Durov’s Telegram Achieves Profitability with $1B Revenue in 2024

Telegram has reached profitability for the first time, marking a pivotal moment in its business journey. The social media platform announced total revenue exceeding $1 billion in 2024, with over $500 million in cash reserves, excluding crypto assets. Founder Pavel Durov highlighted the platform’s strong performance in a recent post.

December 23, 2024 1 min read

Phoenix Group Plans Nasdaq Dual Listing to Expand Global Crypto Reach

Phoenix Group, the UAE’s first cryptocurrency company on the Abu Dhabi Securities Exchange (ADX), has announced plans for a dual listing on Nasdaq in 2025. This strategic move aims to enhance the company’s international market presence and strengthen its position as a global leader in blockchain and cryptocurrency. Founded in

December 23, 2024 2 mins read

Animoca’s Yat Siu Announces MOCA Token Giveaway, Driving Price Surge

Yat Siu, founder of Animoca Brands, has revealed two-phased reward plans for MOCA tokens. As part of the Christmas spirit, it is being given away. Siu placed an emphasis on commemorating the success of the Moca Network launch. The news has stoked enthusiasm among the Web3 community. Causing the price

December 23, 2024 2 mins read

Justin Sun Sells $143M in Ethereum (ETH) Amid Price Plunge

With the Ethereum price plunging 17% after encountering resistance at $4,000 last week, Tron creator Justin Sun has persisted in his ETH selling binge. Half of Justin Sun’s Ethereum holdings, or $143 million, were sold in the last week. Experts in the market think that Ethereum’s price can go below

December 23, 2024 1 min read

Metaplanet’s Bitcoin Holdings Soar After $60M Latest Buy

Japanese investment firm Metaplanet has made headlines with its largest Bitcoin purchase to date. The Tokyo-listed company acquired 619.7 BTC for ¥9.5 billion ($60.6 million), bringing its total holdings to 1,761.98 BTC. This latest purchase comes amid a dip in Bitcoin prices, with Metaplanet paying an average price of approximately

December 23, 2024 2 mins read

Uniswap’s Unichain Set for Early 2025 Mainnet Launch with Enhanced Security

According to Uniswap, the developers of Unichain, a Layer 2 solution with an emphasis on DeFi that is based on the OP Stack, are targeting the launch of their public mainnet in early 2025. Since its launch in October, the project has been running on Ethereum’s Sepolia testnet. Which has

December 23, 2024 2 mins read
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