Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Internal Revenue Service Releases Latest Broker Rule Guidance
Reading Time: < 1 minuteOn Friday, the Internal Revenue Service (IRS) released the latest version of its controversial guidance on the “broker rule.”
NFT Sales Plummet 44% in Q2
Reading Time: < 1 minuteDuring the second quarter, the sale of non-fungible tokens (NFTs) saw a significant decline of 44%, attributed to various factors such as the increase of celebrity, political, and animal-themed memecoins and a downturn in the overall crypto market.
SEC Sues Consensys
Reading Time: < 1 minuteIn a complaint filed on Friday in the U.S. District Court in the Eastern District of New York, the U.S. Securities and Exchange Commission accused Consensys of violating the law by not registering as a broker for its MetaMask swaps service and its staking service.
Crypto Exchange Coinbase Sues SEC and FDIC
Reading Time: < 1 minuteA research firm hired by Coinbase is taking legal action against the US Securities and Exchange Commission (SEC) and a federal banking agency.
Coinbase Teams Up with Stripe
Reading Time: < 1 minuteA partnership has been formed between the cryptocurrency exchange leader Coinbase and the payment company Stripe.
VanEck Files Application for a Solana ETF in the US
Reading Time: < 1 minuteVanEck, a leading issuer of Bitcoin exchange-traded funds (ETFs) in the US, has submitted a request for a new Solana ETF.
Animoca Brands to Go Public in 2025
Reading Time: < 1 minuteAccording to Yat Siu, the chairman of Hong Kong-based gaming and metaverse company Animoca Brands, the company is considering going public sometime next year.
Worldcoin Plans to Build a Blockchain Infrastructure
Reading Time: < 1 minuteAlchemy and Worldcoin have joined forces to build the necessary infrastructure for the World Chain ecosystem.
SEC May Approve Spot Ethereum ETFs Next Week
Reading Time: < 1 minuteReuters has reported that the Securities and Exchange Commission may approve spot Ethereum ETF applications by July 4.
South Korea-based Crypto Firm Hashed to Expand to Abu Dhabi
Reading Time: < 1 minuteSeoul-based crypto venture capital firm Hashed Ventures has recently partnered with Hub71, a technology ecosystem in Abu Dhabi, and plans to open a local office in the UAE.
German Government Transfers $24M in Bitcoin to Major Crypto Exchanges
Reading Time: < 1 minutea wallet linked to the German Federal Criminal Police Office (BKA) has recently transferred $24 million in Bitcoin.
Hacker Hacks Metallica’s X Account to Promote a Token
Reading Time: < 1 minuteThe official X account of heavy metal band Metallica was recently hacked.
VanEck Will Waive Fees for its Ethereum ETF
Reading Time: < 1 minuteAccording to a recent statement by Matthew Sigel, the head of digital assets research at VanEck, the company is planning to waive fees for its potential Ethereum exchange-traded fund to remain competitive.
Tether to Stop Minting USDT on Algorand and EOS Blockchains
Reading Time: < 1 minuteTether has announced its decision to stop producing the USDT token on the Algorand and EOS blockchains.
Jump Crypto’s President Steps Down
Reading Time: < 1 minuteKanav Kariya, the current president of venture firm Jump Crypto, has decided to step down from his position after three years.
Bitcoin ETFs Lose $1.3B in 2 Weeks
Reading Time: < 1 minuteDuring the past two weeks, outflows from United States-based Bitcoin exchange-traded funds (ETFs) have reached a total of $1.3 billion due to the declining price of Bitcoin.
Standard Chartered to Launch a Spot Bitcoin and Ether Trading Desk
Reading Time: < 1 minuteStandard Chartered is venturing into the buying and selling of Bitcoin and Ether through the establishment of a spot trading desk.
CoinStats Asks Users to Move Funds Following a Security Incident
Reading Time: < 1 minuteCoinStats, a popular app for managing cryptocurrency portfolios across multiple chains, has issued a warning to its users who created a wallet through the app.
Japanese Firm Metaplanet to Sell 1B Bonds to Acquire Additional Bitcoins
Reading Time: < 1 minuteMetaplanet Inc., a Tokyo-based investment and consulting firm, has announced plans to issue 1 billion yen ($6.26 million) worth of bonds to fund the purchase of Bitcoin.
3iq Files Application to Launch a Solana ETP in Canada
Reading Time: < 1 minute3iQ is seeking approval to launch the first Solana exchange-traded product (ETP) in Canada.
US Spot Bitcoin ETFs Lose $140M
Reading Time: < 1 minuteThere were $139.88 million in net outflows from spot Bitcoin exchange-traded funds in the US on Thursday, marking the fifth consecutive day of outflows.
US Judge Greenlights a Lawsuit Against Ripple Labs in California
Reading Time: < 1 minuteA judge in a United States federal court has approved a lawsuit against Ripple Labs alleging their CEO violated California securities laws.
India Imposes $2 Million Fine in Binance
Reading Time: < 1 minuteBinance has been fined around $2.2 million (equivalent to 18.82 crore INR) by India’s anti-money laundering unit for not following the country’s laws on preventing money laundering.
Consensys to Continue its Lawsuit Against SEC
Reading Time: < 1 minuteConsensys Founder Joseph Lubin has stated that the company will continue with its lawsuit against the US Securities and Exchange Commission.
The Central Bank of Iran Will Launch a Public CBDC Pilot This Month
Reading Time: < 1 minuteThe Central Bank of Iran (CBI) is initiating a public pilot for a national digital currency, focused on domestic micropayments.

























