Cryptocurrency

December 05, 2024

BIT Mining Reports Stronger Profits from Dogecoin and Litecoin Mining Over Bitcoin

BIT Mining, a major crypto mining company, has announced that its expansion into Dogecoin (DOGE) and Litecoin (LTC) mining has proven far more profitable than sticking […]

Austin Federa Leaves Solana to Co-Found DoubleZero, a High-Performance Network for Blockchain and Beyond

Austin Federa, former Strategy Lead at the Solana Foundation, has announced his departure after four years to co-found DoubleZero, a groundbreaking project focused on managing high-performance, […]
December 04, 2024

Hut 8 Seeks Dismissal of Shareholder Lawsuit, Claims ‘Short and Distort’ Campaign

Bitcoin mining firm Hut 8 Corp. has filed a motion to dismiss a class-action lawsuit brought by its shareholders, claiming the case is the result of […]

Grayscale Files for Spot Solana ETF: GSOL on the Horizon

Grayscale Investments has filed with the United States Securities and Exchange Commission (SEC) to launch a spot Solana exchange-traded fund (ETF). The ETF, under the ticker […]
December 03, 2024

Coinbase CEO Brian Armstrong Draws a Line on Anti-Crypto Law Firms

In a bold move reflecting the ongoing tension between the crypto industry and regulatory bodies, Coinbase CEO Brian Armstrong announced that the company will no longer […]

Chainlink’s LINK Token Soars 29%, Community Pushes Back Against XRP Comparisons

On December 3, 2024, Chainlink’s native token, LINK, experienced a remarkable surge, jumping 29% to reach $25.32, up from $16.54 just a week earlier. This rally, […]

21X Secures BaFin Approval to Launch Tokenization Platform Under EU’s DLT Pilot Regime

German fintech company 21X has officially received regulatory approval to launch its blockchain-based tokenization platform, marking a significant milestone in the evolution of Europe’s digital asset […]
December 02, 2024

Diem’s Fall: David Marcus Blames Political Pressure for Meta’s Blockchain Payments Failure

David Marcus, the former head of Meta’s blockchain payments project Diem (formerly Libra), has publicly revealed that the initiative’s demise was not due to legal or […]
November 29, 2024

Hong Kong Advances Tokenization in Capital Markets with New Subsidy Program for Digital Bonds

In a bid to boost the adoption of tokenized bonds and digital securities, Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), has unveiled a […]

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