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First Death Cross of 2024 for Bitcoin

Bitcoin’s price action has recently caught the attention of traders and investors as the 50-day simple moving average (SMA) crossed below the 200-day SMA, forming what is known as a death cross...

Coinbase calls CFTC’s definition of gaming vague in proposed prediction market policies

Coinbase has responded critically to the CFTC’s proposed rules on prediction markets, particularly challenging the definition of “gaming.” The crypto exchange insists that the CFTC...

The Celsius and Tether Legal Clash: Unfolding Allegations

Celsius Network, a well-known crypto lender, had a significant loan agreement with Tether Ltd. dating back to 2020. This arrangement allowed Celsius to borrow stablecoins like USDT and Euro Tether...

$700k robbed in Bitcoin from Israeli Tourists

Eleven Israeli tourists were violently robbed on Santa Teresa de Cóbano beach in Puntarenas, Costa Rica, during a social event. The attack involved at least eight men arriving in two luxury vehicles...

WazirX to Revert User Accounts to Pre-Hack Balances After $230 Million Theft

Indian cryptocurrency exchange WazirX has announced plans to reset all user account balances to their state as of July 18, following a massive $230 million cyberattack. The Mumbai-based exchange...

Pump.fun Allows MemeCoin Creation For Free

Pump.fun, a platform dedicated to launching memecoins, has introduced an incentive that rewards creators with 0.50 SOL (approximately $80) if their tokens successfully list on Raydium, a Solana-based...

Ripple ordered to pay $125M fine

A federal judge has ordered Ripple to pay a civil penalty of $125,035,150 in its lawsuit with the U.S. Securities and Exchange Commission (SEC). The SEC originally sought a $2 billion remittance...

FTX and Alameda to Repay $12.7 Billion to Creditors

FTX and Alameda have agreed to repay $12.7 billion to creditors, per a court consent order that ends a 20-month lawsuit filed by the Commodities Futures Trading Commission (CFTC). This development...

Robinhood posts $682M in Q2 2024 revenue

Robinhood surpassed Wall Street expectations for its second-quarter earnings, driven by a surge in interest in meme stocks and cryptocurrencies. This uptick in trading activity was partly due to the...