The U.S. Securities and Exchange Commission (SEC) has formally concluded its probe of Yuga Labs. It is the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series and ApeCoin (APE). The SEC will not initiate any enforcement proceedings, closing the investigation that opened in October 2022. Yuga
Just days after a senator sponsored the Crypto ATM Fraud Prevention Act to combat crypto ATM fraud, over 1,200 cryptocurrency ATMs in the US went offline for unknown reasons during the first weekend of March. Senator Dick Durbin of Illinois proposed a bill to combat cryptocurrency ATM fraud on February
The largest weekly sell-off ever occurred last week for cryptocurrency exchange-traded products (ETPs), with outflows hitting a record $2.9 billion. According to CoinShares, a European crypto investment business, $3.8 billion has been wiped out in worldwide crypto ETPs due to three weeks of outflows running concurrently. According to CoinShares research
The crypto community is buzzing after blockchain investigator ZachXBT criticized Cardano (ADA) and XRP for lacking stablecoin issuers like Circle, Tether, or Paxos. His remarks came amid former President Donald Trump’s announcement to integrate crypto into a national strategic reserve. While Trump’s crypto policy has drawn mixed reactions, ZachXBT’s comments
Japanese investment firm Metaplanet has purchased 156 BTC for $13.4 million, increasing its total holdings to 2,391 BTC. The company acquired the Bitcoin at an average price of $85,890 per BTC. Metaplanet has been aggressively accumulating Bitcoin since adopting its BTC strategy in April 2024. The company aims to hold
The crypto market is surging with renewed hope after the US President Donald Trump mentioned 5 top cryptocurrencies in his announcement. Trump revealed plans to include XRP, SOL, ADA, and other valuable cryptocurrencies in the US crypto strategic reserve yesterday. As a result, the crypto market cap increased by around
Brazilian footballer Ronaldinho has released his official digital token, STAR10. Developed on the BNB Chain, STAR10 seeks to establish a distinctive connection between football and blockchain technology, providing football fans with access to special challenges, rewards, and events. The total supply of STAR10 is set at 1 billion tokens with
Ex-President Donald Trump’s recent headlines on a U.S. Strategic Crypto Reserve have reminded the public about the issues facing XRP, namely the 32,000 missing ledger blocks. It existed since early days of XRP Ledger back in 2012 when the original 32,570 blocks vanished from the public ledger, raising doubts over
White House Crypto & AI Czar appointed by US President Donald Trump, David Sacks, sold all his crypto holdings before the administration began. Responding to a post citing a Financial Times report, Sacks confirmed that he doesn’t hold any crypto investments. Sacks is one of the key personalities behind crypto
The crypto market witnessed a strong comeback in the late evening Asian hours followed by Trump’s new announcement. While Bitcoin price rose by around 10% within a few hours, Ethereum, XRP, Solana, and Cardano have also recorded two-digit surges. All credit goes to Trump’s new announcement on Truth Social regarding
