Solana Co-Founder Accused of Stealing Staking Rewards The Solana co-founder Stephen Akridge has been dragged into a court case filed by his ex-wife, Elisa Rossi. According to her, he stole millions of dollars worth of staking rewards from her wallet of cryptocurrencies. She states that Akridge made use of his
The UAE is witnessing a remarkable surge in cryptocurrency investments. According to a recent eToro survey, 37% of UAE investors plan to increase their crypto investments in 2025. Bitcoin and stablecoins, such as Tether, continue to dominate the market. From 2023 to June 2024, the UAE saw a $34 billion
Senator-elect Bernie Moreno, a Republican from Ohio, has been assigned to the Senate Banking Committee. Incoming Republican Senate Majority Leader John Thune announced the appointment. This committee oversees two critical agencies, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Moreno’s appointment is seen as
Phoenix Group, the UAE’s first cryptocurrency company on the Abu Dhabi Securities Exchange (ADX), has announced plans for a dual listing on Nasdaq in 2025. This strategic move aims to enhance the company’s international market presence and strengthen its position as a global leader in blockchain and cryptocurrency. Founded in
Donald Trump has chosen Bo Hines, a former college football player and Republican political candidate, to lead his newly created Crypto Council. Hines will take on the role of executive director for the Presidential Council of Advisers for Digital Assets, an initiative to support the growth of the cryptocurrency industry.
The U.S. Securities and Exchange Commission (SEC) has fined Tai Mo Shan Ltd., a subsidiary of Jump Crypto, $123 million for misleading investors about TerraUSD’s stability. TerraUSD, an algorithmic stablecoin issued by Terraform Labs, collapsed in May 2022, wiping out $40 billion in investor assets. Tai Mo Shan’s actions during
Google has updated its financial products and services policy to address cryptocurrency-related advertising in the United Kingdom. Starting January 15, 2025, advertisers must meet strict requirements to promote crypto products on the platform. The update mandates that UK advertisers offering cryptocurrency exchanges or software wallets must register with the Financial
Every day new tokens and projects become available in the crypto market, but a few create a name for themselves. One such DeFi project is Lunex Network (LNEX) – a presale star that could revolutionize this space. Some experts see it rising faster than Dogecoin (DOGE) and Shiba Inu (SHIB).
Social media discussions about “buying the dip” have surged to an eight-month high as Bitcoin’s price recently fell below $100,000. This decline sparked a wave of chatter among investors, with the social dominance score hitting its highest level since April. Despite the drop, search interest in crypto remains strong, signaling
The announcement by U.S. President-elect Donald Trump about creating optimism. He stated “Bitcoin is going to represent our once-in-a-century opportunity of securing economic supremacy for America,” Bitcoin reserve as America’s Strategic Economic Asset Trump has positioned Bitcoin as a strategic asset that could help the U.S. maintain its global economic
