Celsius ‘pleased’ with resolutions amid .7B FTC fine

Celsius ‘pleased’ with resolutions amid $4.7B FTC fine

Bankrupt crypto lender Celsius Network has posted that the company is pleased with the resolutions that it reached with various United States government agencies. The announcement came after the news that the Federal…

Crypto Liquidations Batter Bears Shorting BTC, XRP, & SOL

Crypto Liquidations Batter Bears Shorting BTC, XRP, & SOL

Crypto bears and short speculators have been liquidated en-masse today as altcoins go on a tear following Ripple’s victory against the SEC. Several altcoins enjoyed double-digit gains, but markets remain range-bound in the…

Uniswap DEX Expands to Avalanche After Q2 Record Volumes

Uniswap DEX Expands to Avalanche After Q2 Record Volumes

The Avalanche network is now supported by Uniswap. Users can swap Avalanche tokens and provide liquidity through the decentralized exchange. Uniswap, one of the crypto market’s biggest decentralized exchanges, has launched on the…

Celsius files lawsuit to recover 0M from staking platform StakeHound

Celsius files lawsuit to recover $150M from staking platform StakeHound

Bankrupt crypto lender Celsius Network has filed a lawsuit against liquid staking platform StakeHound after the company allegedly failed to return $150 million worth of tokens owned by Celsius.  According to a court…

Lawsuit Alleges Google Misused Personal Data to Train AI

Lawsuit Alleges Google Misused Personal Data to Train AI

A lawsuit has been filed in California alleging that Google has stolen and misused the personal data of users to train and improves its AI products. According to court filings, Google has been…

China to tighten rules around releasing generative AI tools

China to tighten rules around releasing generative AI tools

The Chinese government is considering additional regulations on artificial intelligence (AI) development that emphasize content control and licensing. According to a July 11 report from the Financial Times, the Cyberspace Administration of China…

Binance’s Latest IEO Arkham Faces Allegations of Data Harvesting

Binance’s Latest IEO Arkham Faces Allegations of Data Harvesting

The latest project to be promoted through the Binance initial exchange offering (IEO) program has raised a few eyebrows from the crypto community. Arkham describes itself as the world’s first on-chain intelligence exchange,…

MiCA’s stablecoin transaction cap stifles crypto adoption, say lawyers

MiCA’s stablecoin transaction cap stifles crypto adoption, say lawyers

Stablecoin use could be “stifled” by daily transaction caps in the European Union’s Markets in Crypto-Assets (MiCA) legislation, with some calling for the framework to be revised. On May 31, MiCA was signed…

Bitcoin Miners Are Facing Further Pressure as Hash Rates Rip

Bitcoin Miners Are Facing Further Pressure as Hash Rates Rip

Bitcoin network hash rates have surged to new record highs over the weekend. Furthermore, the pressure on Bitcoin miners has intensified as hardware prices also start to increase while profitability remains stagnant. The…

Ripple Bets on Real Estate Tokenization in Hong Kong CBDC Pilot

Ripple Bets on Real Estate Tokenization in Hong Kong CBDC Pilot

The idea of tokenizing real estate assets has long been a dream for many blockchain projects. And now, thanks to Hong Kong’s Central Bank Digital Currency (CBDC) pilot, Ripple Labs is one step…

Crypto.com petitions US court to uphold arbitration decision for mistakenly sent K

Crypto.com petitions US court to uphold arbitration decision for mistakenly sent $50K

Cryptocurrency exchange Crypto.com has petitioned a Florida court to confirm a judgment in its favor through arbitration after the platform mistakenly deposited $50,000 into a user’s account. According to the July 6 court…

JP Morgan Downplays Bitcoin ETF Impact, Despite History

JP Morgan Downplays Bitcoin ETF Impact, Despite History

A report released on Thursday by banking giant JPMorgan suggests a Bitcoin exchange-traded fund (ETF) won’t be a game-changer for digital assets. However, there is reason to believe otherwise. In recent weeks, BlackRock,…

Canadian regulator explains stance on crypto staking, lending for investment funds

Canadian regulator explains stance on crypto staking, lending for investment funds

The chief financial authority of Canada, the Canadian Securities Administrators (CSA), has confirmed its trust in the regulated futures market for crypto, which “promotes greater price discovery”. Apart from the United States, the…

Bitcoin Options Expiry is Upon Us Again, Will BTC Prices React?

Bitcoin Options Expiry is Upon Us Again, Will BTC Prices React?

Almost one billion dollars worth of Bitcoin options are set to expire today, but will they put further pressure on BTC prices? Furthermore, exchange-traded fund (ETF) trading demand has ticked up in the…

UAE emerges as a pro-Bitcoin mining destination in the Middle East

UAE emerges as a pro-Bitcoin mining destination in the Middle East

The United Arab Emirates (UAE) is gradually solidifying its status as a go-to Bitcoin (BTC) mining destination in the Middle East. The country has established itself as a pro-Web3 destination for crypto-focused companies…

Bitcoin Mining in the Middle East Being Driven by Abu Dhabi

Bitcoin Mining in the Middle East Being Driven by Abu Dhabi

Bitcoin mining firms are eyeing the United Arab Emirates as an emerging crypto-mining hub in the Middle East. This is partly due to partnerships with major mining firms and the digital asset arm…

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