One of the most renowned blockchain networks, Cardano, has witnessed an increase in its Total Value Locked (TVL) metrics. The network’s TVL increased by 30% over the previous month, underscoring the rising popularity of the network’s DeFi ecosystem. On April 18th, Cardano’s TVL crossed $168 million. More developers and consumers
The New York State Department of Financial Services (NYDFS) has implemented a new regulation. That empowers the government agency to collect supervisory fees from licensed cryptocurrency firms operating within the state. This means that the agency now has the authority to obtain the necessary funds to oversee and regulate the
Sooner this Monday, the U.S. Securities and Exchange Commission (U.S. SEC) charged Bittrex, a cryptocurrency exchange for unregistered security policies. The CEO of Bittrex, William Shihara, and the representatives had to respond to the complaint raised over Bittrex. Furthermore, it is mentioned that SEC charged Bittrex’s foreign affiliate termed ‘Bittre
The Audius network, a Web3 music platform, has recently made significant developments that have caught the attention of cryptocurrency investors and traders. One of the noteworthy developments occurred in February of this year when Audius announced its integration with TikTok. This integration has allowed Audius users to feature songs from
Elon Musk, the CEO of Twitter has always had a connection over meme coins especially Dogecoin as shown in the recent logo change. Whereas, the impact was prominently huge than expected over the price surge on Dogecoin at that time. Now, Twitter permits cryptocurrency trading along with stocks and other
Baby Doge Coin is a cryptocurrency inspired by the meme token Dogecoin. On April 13, BabyDoge announced on Twitter that a big announcement was coming. Without unveiling the announcement, the trading price of the coin started to surge. After that, it revealed that the top five crypto exchanges will list
SEATTLE–(BUSINESS WIRE)–Bittrex, Inc. released the following statement today regarding today’s SEC filing: We are disappointed with the SEC’s decision to bring an enforcement action against Bittrex as part of Chairman Gensler’s larger crusade to drive cryptocurrency out of the United States. The impact of the SEC’s approach of regulation by
Data from Alternative shows that on March 21, 2023, the Bitcoin fear & greed index reached its highest point in 16 months, at 69. Bitcoin finally returned to its “greed” phase in January 2023, its first appearance since March 2022. As a result, the greed index has moved deeper into
After being accused by his attorneys of trying to avoid them. Former NBA player Shaquille O’Neal has been served with papers in a lawsuit over his participation in advertising FTX. O’Neal was listed as a defendant in a lawsuit that was filed in federal district court in Florida in November.
The First Enterprise-Grade Cloud Based on Web3 Technology HAMBURG, Germany–(BUSINESS WIRE)–#DecentralizedStorage—Impossible Cloud, the revolutionary cloud platform that offers decentralized, multi-service cloud solutions, today announced the general availability of its enterprise-grade, native cloud storage solution which delivers all the capabilities of traditional cloud storage along with the key benefits of decentralized
