In the wake of high-profile bankruptcies and regulatory actions that have left the cryptocurrency lending industry reeling, Coinbase Global Inc. is stepping in to fill the void. Through its Prime service, the U.S.-based exchange aims to attract institutional investors with
While the broader crypto market is mired in a protracted slump, one segment has emerged as a phoenix rising from the ashes: liquid staking. According to a recent Bloomberg report, assets locked in liquid staking services have surged 292% to
In a decision by the Securities and Exchange Commission (SEC), Grayscale Investments LLC has won the right to convert its hefty $17 billion Bitcoin trust into a physically backed ETF. While this move positions Grayscale favorably in the ETF sector,
In a landmark decision that could have far-reaching implications for the cryptocurrency industry, Judge Katherine Polk Failla of the Southern District of New York ruled Ethereum (ETH) a commodity. This determination, stemming from the Uniswap lawsuit, is particularly notable given
Vivek Ramaswamy’s recent remarks underscore the growing importance of Bitcoin and its potential impact on the nation’s financial policies as the 2024 U.S. elections approach. Grayscale Investments’ recent lawsuit win against the Securities and Exchange Commission (SEC) in federal court
The U.S. Copyright Office, looking to understand the intricate relationship between AI advancements and copyright regulations, has announced a notice of inquiry (NOI) to gather public insights on these critical concerns. Launched in early 2023, the Office’s AI initiative has
The International eSports Federation (IESF) is facing scrutiny over its recent decision regarding Russian players and their representation on the global stage. Russian eSports players can now compete under their flag, the International eSports Federation (IESF) has decided, according to
The U.S. federal appeals court has signaled to the U.S. Securities and Exchange Commission (SEC) to reconsider its previous decision regarding Grayscale Investments’ proposal to transition the Grayscale Bitcoin Trust (GBTC) into an Exchange-Traded Fund (ETF). According to experts, this
The future of Dogecoin, the meme-inspired cryptocurrency, hangs in the balance as its community voices divided opinions on the potential shift from its current Proof-of-Work (PoW) system to a Proof-of-Stake (PoS) model. The debate, which has been brewing since 2021,
FTX, the defunct cryptocurrency exchange, has temporarily halted user accounts linked to Kroll, its bankruptcy claims agent, following a troubling cyber breach. While seemingly necessary for safeguarding users, this decision raises questions about crypto firms’ broader vulnerabilities in an era
Soccer legend Ronaldinho Gaúcho is making headlines not for his football skills but for his alleged involvement in a crypto fraud probe. According to a recent report, the Brazilian superstar has been linked to a crypto pyramid scheme through his
As cryptocurrencies face scrutiny worldwide, the unique enrollment method of Worldcoin, the brainchild of Sam Altman, has taken a toll on its market value. The novel token of Worldcoin, a protocol that uses iris-scanning orbs for user enrollment, WLD crashed
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