Mon, September 23

Donald Trump Set to Launch World Liberty Financial

Donald Trump revealed the launch date for his family’s crypto project, World Liberty Financial. The launch is set for Monday, just 50 days before the upcoming U.S. election, stirring speculation in both political and financial circles. The project, which his son will spearhead, aims to embrace the future of decentralized

September 13, 2024 1 min read

US PPI Inflation Rises 0.2% in August Amid Fed Rate Cut Speculation

The data from the United States Bureau of Labor Statistics, released on Thursday, show that the US PPI inflation increased 0.2% in August. This aligns with the Dow Jones consensus estimate teased before the readings came out. This important inflationary gauge comes amid increasing speculations in anticipation of a rate

September 12, 2024 2 mins read

Crypto Exchange Binance Adds Hamster Kombat (HMSTR) to Launchpool

Binance announced the inclusion of Hamster Kombat (HMSTR) to its Launchpool platform on Thursday, September 12, 2024. Additionally, the HMSTR token will be listed on the exchange’s platform later on. The newly released gaming token has scored a major triumph with this. Binance customers will have the option to lock

September 12, 2024 1 min read

Legislators Probe SEC Chair Gensler Over Political Bias in Hiring

Market debates have been sparked by the investigation into the hiring procedures of US SEC Chair Gary Gensler. There are worries about the agency’s neutrality in recruiting methods. Since the probe, which was initiated by the House Republicans, suggests that it may be violating federal law by perhaps considering political

September 12, 2024 2 mins read

CEX.IO Resumes UK Operations After 10 Month Hiatus

After a 10-month suspension, CEX.IO, a prominent centralized crypto exchange, has officially resumed its operations in the UK as of Thursday morning. This development follows the exchange’s alignment with the Financial Conduct Authority (FCA) regulations and its collaboration with Nexo. The temporary halt in October 2023 was in response to

September 12, 2024 2 mins read

Stolen WazirX Funds on the Move Amid Active Investigation

The Indian crypto exchange, WazirX’s exploit, has been a prolonged discussion among the community for the past two months. The WazirX hack became the notable crypto hack in 2024. Meanwhile, the hacker transferred 5,000 ETH, worth approximately $11.7 million, to the mixing tool.  Reportedly, the attacker has recently moved 10,000

September 12, 2024 2 mins read

Attestant Signals ETH To Refine Messaging To Pull In Wall Street Investors

Ethereum, often regarded as the second most valuable cryptocurrency after Bitcoin, is facing challenges in attracting institutional investors. Executives from Attestant, an institutional staking firm, believe that Ethereum’s current market performance doesn’t fully reflect its value. According to Chief Commercial Officer Steve Berryman and Strategic Advisor Tim Lowe, of Attestant,

September 12, 2024 2 mins read

FTX Offloaded 177K Solana Coins After Staking Unlock

The defunct crypto exchange, FTX, and its sister firm, Alameda Research reclaimed the dumped 177,693 SOL tokens, worth approximately $24 million, from the Solana Proof-of-Stake (PoS) network. The exchange-affiliated wallet, H4y…gFZ, still holds a 7.057 million SOL in staking, valued around $943 million.  FTX was one of the biggest holders

September 12, 2024 2 mins read

Flowcarbon Reimburses Investors After GNT Token Launch Fails

Flowcarbon, a blockchain-based carbon credit platform co-founded by former WeWork CEO Adam Neumann, is reportedly refunding investors following the failed launch of its “Goddess Nature Token” (GNT). According to Forbes, the company has started issuing refunds in recent weeks after facing delays that prevented the token from launching as planned.

September 12, 2024 2 mins read

Hong Kong Strengthens Crypto Regulation with New Oversight for OTC Trading

According to an exclusive report from the South China Morning Post (SCMP), Hong Kong is considering involving the Securities and Futures Commission (SFC) and the Customs and Excise Department (C&ED) in regulating over-the-counter (OTC) virtual asset trading services. This initiative comes as the city grapples with the challenges of managing

September 12, 2024 2 mins read