A new class action lawsuit has been filed against Jump Trading, alleging that the company manipulated the price of the algorithmic stablecoin UST by buying large amounts of the token in an effort to drive its value closer to $1 while concealing this fact from investors. According to the class
As a result of the government’s assault on cryptocurrencies, Binance has found it difficult to operate in the US market. It has recently begun lobbying to be regulated in the UK. Binance’s chief strategy officer, Patrick Hillmann, said while speaking at Financial Times’ Crypto and Digital Assets Summit that the
On Friday, billionaire Elon Musk announced that Linda Yaccarino will be taking over as Twitter’s chief executive officer. After Musk ousted the executive team in October 2022, when he took over the social media firm, this is yet another huge upheaval at the top of Twitter leadership. Musk has said
After a judge approved bail in the amount of €400,000 ($436,000), the co-founder of Terraform Labs, Do Kwon, is anticipated to be released from jail pending trial, as reported by a Montenegrin news site. The CEO of Terraform Labs, a 31-year-old Korean national, and the company’s ex-chief financial officer, Han
DinoSwap (DINO) has recently made significant moves in the cryptocurrency industry. This steady growth in the DINO has drawn the attention of investors and traders in the DINO market. The remarkable growth of Dino Token has caught the attention of renowned global cryptocurrency exchanges. Among them, Huobi Global, a cryptocurrency
TABOO, a blockchain-based platform, has recently announced that it has successfully raised $10 million in its latest funding round, valuing the company at $250 million. This infusion of capital will enable TABOO to expand its operations and establish itself as a leading player in the global crypto market. The platform’s
Phemex, a cryptocurrency exchange has announced the addition of the FLOKI Inu perpetual trading pair to its platform. Phemex users can now trade FLOKI with leverage of up to 20x. Traders can now buy and sell the 1000FLOKI/USDT contract on the exchange. Perpetual contracts are a type of derivative that
The cryptocurrency world is witnessing a groundbreaking development. Google now provides instant access to Ethereum (ETH) balances directly within its search results. This game-changing feature revolutionizes the way cryptocurrency users interact with their digital assets. By simply searching for an Ethereum address on Google, users can now view their Ethereum
MetaMask, a supplier of crypto wallets and DApps, has begun enabling Ether transactions using PayPal for customers in the United States, one of its largest markets. To facilitate Ether transactions, the business claims to be the first Web3 wallet to integrate with PayPal. #DYK MetaMask🦊 is the first web3 wallet
The U.S. Chamber of Commerce has come out in favor of Coinbase, the largest cryptocurrency exchange in the United States, in its efforts to clarify regulations from the Securities and Exchange Commission (SEC). The Chamber of Commerce, according to court documents, has filed an Amicus Brief in support of Coinbase’s
