18 States Sue SEC Chair, Gary Gensler Hints at Resignation
The lawsuit, led by Republican attorneys general, argues that Gensler's "regulation by enforcement" approach undermines states’ authority to regulate cryptocurrencies and stifles innovation.
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Elon Musk’s $258B Dogecoin Lawsuit Dismissed as Investors Drop Appeal
The lawsuit, initiated in 2022, accused Musk and Tesla of engaging in a "pump and dump" scheme with Dogecoin, resulting in financial losses for investors.
Hashtag Web3 Releases a Collaborative Report on India’s Digital Currency
Drawing insights from over 30 industry experts and the Web3 community, the report sheds light on the potential of a Central Bank Digital Currency (CBDC) to revolutionize financial inclusion, digital payments, and economic growth.
KoinBX Hosts 2nd Chapter of its Web 3.0 Mixer: Founders x Investors x Developers
KoinBX, along with Aeternum, an eminent Web3 event company, hosted the 2nd chapter of Web 3.0 Mixer: Founders x Investors x Developers in Bangkok, along the sidelines of DevCon 2024
Delhi Police Arrests Suspect in $234M WazirX Crypto Hack
According to the chargesheet, the accused revealed during interrogation that he had been approached on Telegram by a buyer offering a payment for WazirX crypto accounts with credentials.
Barcelona-Based Monster League Studios Secures €3.7M to Expand Mokens League Ecosystem
Currently boasting over 50,000 active monthly users, Monster League Studios is focused on creating a multi-title ecosystem where players can carry assets seamlessly between games.
Bitwise Acquires Ethereum Staking Provider Attestant, Grows AUM to $10 Billion
Attestant, known for its institutional-grade Ethereum staking services, manages approximately $4 billion in staked assets. Its services cater to financial institutions, family offices, and high-net-worth individuals.
Wrapped Litecoin ($WLTC) Unlocks DeFi for Litecoin ($LTC) Holders
An ERC-20 token, $WLTC acts as a simple bridge between the Litecoin and Ethereum ecosystems. As the oldest surviving altcoin, Litecoin’s 13 years of uninterrupted network activity has earned it a reputation as one of the most trusted and active digital assets globally.
Animoca Brands Raises $10 Million for Mocaverse
The funding will be used to scale Mocaverse’s operations, build out its network, and onboard millions of users through collaborations with large companies and communities.
Immutable Launches Pre-Approved Transactions for Seamless Web3 Gaming
The gaming industry, surpassing $200 billion in annual spending on in-game assets, is a thriving frontier for Web3 integration. However, the complexity of blockchain transactions has often disrupted gameplay.
Bitcoin’s $88K Rally Sparks 26% MicroStrategy Surge, 20% Coinbase Jump
As Bitcoin reached a peak of $88,364 on Monday before a slight dip, both MicroStrategy and Coinbase demonstrated the increasing influence of the cryptocurrency market on traditional equities.
Crypto Market Cap Hits Historic $3 Trillion as Bitcoin Surges Past $86k
This recent growth underscores the sector's momentum, with Bitcoin’s market cap alone accounting for over $1.7 trillion (at the time of writing), representing a 55.7% dominance in the crypto market.
FTX Sues Binance and Former CEO Changpeng Zhao in $1.8B Recovery Push
According to FTX, this buyback, initiated by FTX’s then-CEO Sam Bankman-Fried (SBF), was financed with FTX’s native token, FTT, along with Binance’s tokens BNB and BUSD, despite FTX allegedly being insolvent at the time.
This Reddit-Born Startup Wants to Make AI Development Affordable Through Decentralized GPU Sharing
Reddit-born rLoop is pioneering a different approach to technological resource sharing. The rLoop DAO, a community-governed organization, believes the solution lies in decentralization.
VAP Group Set to Host Second Edition of Global AI Show in Dubai
With its theme of ‘AI 2057: Accelerating Intelligent Futures’, the Global AI Show is set to host C-suite executives, ministry officials, and leaders from the world’s top companies who will explore cutting-edge technological developments across the UAE and the globe.
Rekt Brands Raises $1.5M in Seed Funding as Rekt Drinks Sell Out Worldwide
This announcement follows the recent launch of Rekt Drinks, Rekt’s first physical consumer product. The lime-flavored sparkling water, branded with the recognizable Rekt logo, was made available in 32 countries, with an initial stock of 222,456 cans.
Join the Top 1% of Web3: VAP Group Presents Global Blockchain Show in Dubai
Organized by web3 and artificial intelligence consulting giant VAP Group, the two-day show will provide an opportunity to network with the top 1% of the web3 community by bringing together founders, solution providers, experts, and enthusiasts from around the world under one roof.
Eric Trump to Speak at Bitcoin MENA in Abu Dhabi
Eric Trump’s participation signals a significant milestone for Bitcoin MENA 2024 bringing a wealth of business acumen and leadership experience to the growing bitcoin adoption in the Middle East.
Bitcoin Mining Difficulty Surges Past 100 Trillion For The First Time Amid Record Hash Rate
Bitcoin mining difficulty is a measure of how challenging it is to mine a new block relative to the easiest it could ever be.
Betski Raises $345K Pre-Seed Funding to Revolutionize iGaming Ownership
The pre-seed attracted a diverse group of investors, including early-stage backers from Panama and international supporters.
Robinhood, Kraken, and Paxos Lead Launch of Yield-Sharing USDG Stablecoin
This coalition of companies, named the Global Dollar Network, aims to foster widespread adoption of USDG by offering yield to network participants.
Crypto PAC Raises $78M from Coinbase, Andreessen for 2026 Midterms
This includes a $48 million injection from crypto exchange Coinbase and venture capital firm Andreessen Horowitz (a16z) and $30 million already raised, highlighting the industry's long-term commitment to regulatory influence.
Bitcoin Surges Past $71,000 as U.S. Elections Near; Metaplanet Adds $10.5M in BTC
Market analysts are closely monitoring Bitcoin’s movements, particularly with a potential 25-basis-point rate cut expected from the Federal Reserve in early November.
RBI Governor Warns of Cryptocurrencies’ Threat to Financial Stability, Calls for Global Regulation
Shaktikanta Das warned that widespread adoption of cryptocurrencies could undermine the RBI’s control over the economy, particularly with regard to money supply and inflation control.