The U.S. Securities and Exchange Commission (SEC) has taken an important step by accepting Grayscale’s updated request for a spot Solana (SOL) exchange-traded fund (ETF). This is a big move since the SEC had previously turned down similar applications due to legal concerns. Why This Matters to Investors Grayscale, a well-known crypto investment firm, had … Read more
SEC Moves Forward with Grayscale’s Solana ETF Application Read More »
Ethereum is gearing up for a major network upgrade, known as the Pectra Upgrade (previously planned two Prague and Electra upgrades), with testing set to begin on February 26 on the Holesky testnet, followed by Sepolia on March 5. According to Tim Beiko, a core Ethereum developer, the upgrade’s timeline will be finalized after a … Read more
Ethereum’s Pectra Upgrade: Key Features and Expected Timeline Read More »
Berachain (BERA) has taken the cryptocurrency market by storm, soaring an incredible 630% in just one day. Currently priced at $7.705, BERA has seen extreme price swings, hitting a high of $14.99 and a low of $1.00. This dramatic surge has captured the attention of investors and traders worldwide, with Binance playing a crucial role … Read more
Berachain (BERA) Surges 630% in a Day – What’s Driving the Rally? Read More »
Alexey Pertsev, a developer of the crypto mixing platform Tornado Cash, is set to be released from prison on Friday as he prepares to appeal his money laundering conviction from 2024. His lawyer, Judith de Boer, welcomed the decision, saying it will allow them to build a stronger defense. Background on the Case of Tornado … Read more
Tornado Cash Developer Alexey Pertsev Released Ahead of Appeal Read More »
The Financial Intelligence Unit of India (FIU-IND) has imposed a monetary penalty of $1.06 million (₹9.27 crore) on Bybit, the world’s second-largest cryptocurrency exchange, for breaching the Prevention of Money Laundering Act (PMLA), 2005. Bybit operates as a Virtual Digital Asset (VDA) service provider, making it a reporting entity under Indian law.However, the company continued … Read more
Bybit Faces $1.06 Million Penalty for Violating India’s Anti-Money Laundering Laws Read More »
On January 27, the U.S. Senate confirmed Scott Bessent as the 79th Treasury Secretary with a 68-29 vote. Bessent, a billionaire hedge fund manager, earned support from 16 Democrats, alongside Republicans, marking a significant win for former President Donald Trump’s administration. Known for his global finance expertise, Bessent is supporter of Trump’s economic agenda. Ripple … Read more
U.S. Senate Approves Scott Bessent as Treasury Secretary, a Pro-Crypto Champion Read More »
The Ethereum Foundation (EF), the non-profit organization dedicated to the development and advancement of the Ethereum blockchain, has allocated a substantial sum of 50,000 ETH, valued at approximately $165 million, to bolster the decentralized finance (DeFi) landscape. Strategic Allocation to Fuel DeFi Growth The EF has established a new multisignature wallet, requiring three out of … Read more
Ethereum Foundation Injects $165 Million into DeFi Ecosystem Read More »
Following the noticeable success of the Official Trump Token, a Solana-based memecoin associated with a prominent political figure, speculation is circulating online about whether popular YouTuber MrBeast (Jimmy Donaldson) will launch his own memecoin on the Solana blockchain. The Solana Foundation’s recent follow of MrBeast on X (Twitter) This speculation has gained traction due to … Read more
MrBeast and Solana: Will the YouTube Star Enter the Meme Coin Arena? Read More »
