The US Commodity Futures Trading Commission (CFTC) has announced a landmark achievement in a fraud case related to Bitcoin, which has resulted in a penalty payment of $3.4 billion. The case revolved around Mirror Trading International Proprietary Limited (MTI), a company that allegedly deceived thousands of investors by illegally obtaining over $1.7 billion worth of…
ONE Championship, the world’s largest martial arts organization, has partnered with Animoca Brands and Notre Game to develop innovative mixed martial art (MMA) mobile game that is set to launch in 2024. The game, dubbed “ONE Fight Arena,” will leverage blockchain technology and NFTs to create a unique and immersive gaming experience for MMA enthusiasts…
Decentralized finance (DeFi) platform, Thetanuts Finance, has secured $17 million in its latest funding round led by Polychain Capital, Magnus Capital, and Hyperchain Capital. The funds will be used to forge new partnerships with various blockchain-based companies, including layer 1 and layer 2 networks, liquidity providers, market makers, blockchain foundations, and exchanges. Thetanuts Finance is…
After the 2nd anniversary of MDEX’s vigorous development, it finally has a new journey in multi-chain deployment. In the outlook released by MDEX on the second anniversary of the beginning of the year, it stated that multi-chain deployment is the primary task of its development route this year, which means that MDEX is about to…
As the verdict of the long-awaited XRP case draws closer, Ripple executive Brad Garlinghouse has expressed his support for progressive crypto laws in Europe. In a recent interview, he highlighted the importance of regulatory clarity and how it can help foster innovation in the industry. The Stance of Ripple Executive Garlinghouse‘s comments come at a…
The world of blockchain and cryptocurrency is taking a giant leap forward in the Lone Star State. On Thursday, April 20th, the Texas House of Representatives passed a bill that would allow for the use of Proof-of-Reserve (PoR) technology in financial transactions. This groundbreaking legislation marks an important milestone for the industry and could pave…
The crypto world is abuzz with anticipation as investors eagerly await the arrival of a new bull market. Big Eyes Coin, a relatively unknown cryptocurrency, has been gaining traction in recent weeks and is now being eyed by many as the next big thing in crypto. The Potential of Big Eyes Coin As more and…
Sotheby’s, a renowned auction house, has announced plans to auction off a rare and valuable collection of blue chip NFTs called GRAILS Collection from 3AC. The auction, slated to commence in May, will showcase an array of NFTs, including Larva Labs Zombie Punk and Dmitri Cherniak’s Golden Goose. Rare NFTs Take Center Stage at Sotheby’s…
MarginFi, a decentralized finance (DeFi) lending protocol, has recently launched a new chatbot called Omni to assist users with crypto-related transactions. Omni is an AI-powered chatbot designed to help users better understand and interact with Web3. According to MarginFi, the chatbot has been trained to respond to crypto-related prompts and integrate with crypto wallets. Omni…
According to data from Token Unlocks, there has been a significant withdrawal of approximately one million ETH following the Shapella upgrade on April 12. However, the deposit of 370,000 ETH during the same period means that the staking balance has not seen a decline of one million. Token Unlocks has calculated that the present staking…
