Data shows the cryptocurrency derivatives sector has seen a large amount of liquidations in the past day as Bitcoin and others have enjoyed a rally.Both Crypto Long & Short Liquidations Have Been High TodayAccording to data from CoinGlass, a signific

Two LA-based criminals attempted to steal over $100 million during a home invasion, according to a press release from the U.S. Attorney's Office announcing that they have pleaded guilty to a litany of charges. Adam Iza, 24, who called himself the “Cr

Happy Friday! As we approach a potential storm of volatility surrounding President-elect Donald Trump's inauguration on Monday, take a moment to relax and catch up on the latest crypto developments.In today's newsletter, Trump reportedly intends to i

The United States Securities and Exchange Commission has charged Digital Currency Group (DCG) and former Genesis CEO Soichoro “Michael” Moro with misleading investors about the financial health of Genesis in the aftermath of the Three Arrows Capital

Officials in Washington, DC, are planning for thousands of people to show up at the US Capitol Building for the inauguration of President-elect Donald Trump — setting up the infrastructure, preparing for protests and tightening security for elected o

Open Campus, a decentralized education initiative backed by Animoca Brands and Binance Labs, has launched EDU Chain, a layer 3 blockchain on Arbitrum Orbit, designed to power educational applications and cultivate a thriving dApp ecosystem, the team

By Elena VardonSwissquote Group Holding said its results for 2024 should exceed market expectations as its performance got a boost from cryptocurrency trading toward the end of the year.The Swiss online bank on Friday said it expects to report pretax

On Thursday, Chainlink (LINK) climbed from Monday’s lows to reclaim the $23 mark for the first time in over a week. The surge fueled investors’ bullish sentiment, with some market watchers forecasting a breakout to new highs.Chainlink Whales Go On Bu

Merit Systems, a startup focused on changing the economics of open-source software development, raised $10 million in a seed funding round co-led by Andreessen Horowitz’s crypto fund and Blockchain Capital.Merit is developing an attribution protocol

While a litecoin exchange-traded fund is still only theoretical, investor demand for the product could soar as high as $580 million if Wall Street adopts it at the same rate it did LTC’s better-known cousin bitcoin.That calculation is based on the r

Phantom Wallet has raised $150 million and secured a $3 billion valuation, it said in a statement. Venture capital firms Sequoia Capital and Paradigm led the Series C funding round, which also included a16z and Variant.Co-founder and CEO Brandon Mill

The Global Token Exchange (GTE), a decentralized exchange (DEX) built on the MegaETH blockchain, has raised $10 million across three funding rounds. The funding includes a $1.5 million pre-seed round, $6.9420 million seed funding and a $2.5 million c

Web3 infrastructure development firm Reown, best known as the builders of the communications protocol WalletConnect, has closed a $13 million Series B funding round led by Union Square Ventures and 1kx.Global Digital Asset Holdings (a joint venture i

A federal judge handed cryptocurrency exchange BitMEX a $100 million fine, bringing a years-long legal battle to a close. The penalty involves the firm’s guilty plea in 2022 for violating the US Bank Secrecy Act (BSA), a charge that revolved around i

XRP reached $3 today, marking its highest price since 2018. The surge coincided with a resurgence of XRP meme coins, driving significant activity on the network.The XRP Ledger also saw increased activity in the past week as the number of DApps and ac

TL;DRShibarium Keeps AdvancingShiba Inu’s ecosystem expanded substantially in August 2023 when the layer-2 scaling solution – Shibarium – officiallysaw the light of day. The protocol’s primary goals are to reduce transaction costs, enhance scalabilit

By David SmagallaCryptocurrency exchange BitMEX was fined $100 million for failing to maintain an adequate anti-money-laundering and know-your-customer program.The fine imposed on BitMEX on Wednesday was lower than the $417 million prosecutors argued

Federal judge John G. Koeltl has directed BitMEX to pay a $100 million fine, representing the latest development in an ongoing legal dispute regarding money laundering infractions in the US.BitMEX Faces Major Legal SetbackThe legal challenges for Bit

A federal judge handed cryptocurrency exchange BitMEX a $100 million fine, bringing a years-long legal battle to a close. The penalty involves the firm’s guilty plea in 2022 for violating the US Bank Secrecy Act (BSA), a charge that revolved around i

Italy’s largest banking institution, Intesa Sanpaolo, has reportedly bought Bitcoin worth €1 million.The transaction marks the first direct cryptocurrency purchase by a bank in the country, potentially reshaping its cautious approach to digital asset