Fri, December 12

Binance Files to Dismiss FTX’s $1.76B Clawback, Says Claims Are Flawed

Binance has formally requested the dismissal of a $1.76 billion lawsuit filed by the FTX bankruptcy estate, calling the case legally flawed and an attempt to deflect responsibility from FTX’s internal mismanagement and fraud. Filed in Delaware court, Binance’s motion argues that the now-defunct exchange is wrongly attributing its collapse

May 20, 2025 2 mins read

Mitroplus Labs Founder Kidnapped in $500K Crypto Ransom Plot

Festo Ivaibi, the founder of a pivotal educational hub for Africans, Mitroplus Labs, has become a crypto figure to lost his capital to criminal gangs and has been abducted. The gang demanded a capital worth $500,000 with access to the crypto wallet of the founder.  They posed as Ugandan security

May 20, 2025 2 mins read

Serious About News? A47 Isn’t And That’s The Point

Imagine if The Onion and ChatGPT had a crypto baby, and that crypto baby lived and played in the weirdest corners of the Internet. Some might say A47 – the artificial intelligence (AI)-powered meme ecosystem is that baby, only it’s backed by quality tech and an actual purpose. As the

May 20, 2025 4 mins read

Bithumb Grabs 25% South Korean Market Share Before IPO

South Korea’s second-largest crypto exchange, Bithumb, is staging an aggressive comeback. After years of struggle and losing ground to rivals, Bithumb now commands 25% of South Korea’s cryptocurrency trading volume, a significant leap from its single-digit share in 2023. The resurgence comes just ahead of its planned $1 billion IPO

May 20, 2025 2 mins read

Pendle Breaks $3.7 Resistance: Pay Attention to These Critical Price Levels

Pendle cryptocurrency has recorded a notable uptick in its latest trading session. During today’s Asian Trading session, the digital asset opened its market with a price value of $4.0761. This took the opening price and propelled it to the current levels. Analyst believe that this trend will continue upward if

May 20, 2025 2 mins read

DigiAsia Shares Soar 91% After $100M Bitcoin Treasury Plan

DigiAsia Corp, a fintech firm hailing from Indonesia, has witnessed its share surging by more than 91% on May 19. The surge was reportedly followed by the firm’s announcement of a plan to generate $100 million to start Bitcoin purchases as part of a new treasury strategy.   The fintech firm

May 20, 2025 2 mins read

Michael Saylor’s Strategy Faces Lawsuit Over Misleading Bitcoin Claims

Michael Saylor’s Strategy and its officials are accused by a California-based investor of breaching federal securities laws by making false and misleading statements. The complaint was filed in the U.S. District Court for the Eastern District of Virginia on Friday.  Anas Hamza accused Strategy and its officials, including the co-founder

May 20, 2025 2 mins read

SEC Commissioner Hester Peirce Calls for Clearer Crypto Regulatory Frameworks

At the recent SEC Speaks event, US SEC Commissioner Hester Peirce, also known as the Crypto Mom, made a bold and clarifying statement: most crypto assets should not be considered securities. Peirce, who leads the agency’s Crypto Task Force, stressed that regulatory clarity is essential as the crypto space continues

May 20, 2025 2 mins read

XRP Futures Make Strong Debut on CME with $1.5M in Trading Volume

Crypto futures contracts offer a new window to crypto trading for investors. They allow traders to access crypto trading without directly involving themselves with crypto market price fluctuations. The most recent XRP Futures launch on CME Group’s derivatives platform became successful yesterday with considerable trading volume.  XRP is one of

May 20, 2025 2 mins read

JP Morgan CEO Jamie Dimon Allows Bitcoin Purchases, Maintains Skepticism

The Chief Executive Officer of JP Morgan, Jamie Dimon, has revealed that the bank will permit its clients to purchase Bitcoin but will not custody the cryptocurrency in the near future.  On May 19, at the firm’s annual investor day, the CEO asserted that we were going to permit you

May 20, 2025 2 mins read
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