Crypto News
This AI company secures $640 million in funding, tripling its valuation to $6 billion
In a Series B round, Mistral AI, a firm that was established in April 2023 by individuals who had previously worked with…
Author
Mayowa Adenle
Crypto News
Binance has started its Binance World Championship $4.2 million
Binance has started its first Binance World Championship, providing users with the opportunity to delve into the realm of cryptocurrency, engage in…
Market News
New York Attorney General Letitia James warns crypto companies to follow regulations
As the US government softens its position on crypto, New York Attorney General Letitia James warns crypto firms. James pledged severe industry…
Crypto News
Coinbase battles the US SEC in a landmark legal case
Coinbase’s legal battle with the SEC has taken another turn. Coinbase replied to the SEC’s petition against their interlocutory appeal, a crucial…
Market News
Ether Surges After Shanghai: Bitcoin’s Dominance Falls From 21-Month Peak
Ether (ETH) has been making waves in the cryptocurrency market recently. After the successful deployment of the long-awaited Shanghai upgrade, ETH’s price…
Crypto News
Whales Accumulate Over $820 Million Worth of Bitcoin in One Week
Crypto analytics firm Santiment has reported that Bitcoin whales and sharks, or addresses holding 10 to 10,000 Bitcoin, have accumulated a staggering…
Market News
Bank of England orders Silicon Valley Bank’s UK branch to close
The Bank of England (BoE) has stopped the operations of Silicon Valley Bank’s U.K. branch (SVB UK), stating that it has a…
Crypto News
US Government to Impose 30% Tax on Crypto Miners
The Biden administration has proposed a 30% excise tax on cryptocurrency miners and plans to eliminate tax-deductible losses related to wash-trading of…
Market News
U.S. President Joe Biden’s Proposed Budget to Close Tax Loss Harvesting on Crypto Transactions
The U.S. President Joe Biden is set to unveil his proposed budget, and one of the provisions in it is aimed at…
Market News
Nigerian Citizens Protest Against Central Bank Digital Currency (CBDC)
Nigeria is no stranger to financial instability and cash shortages. The country has been pushing for a cashless economy to combat corruption…
Market News
Banks Hesitant to Serve Crypto Customers, Says Kraken’s Chief Legal Officer
Marco Santori, the Chief Legal Officer for Kraken, recently spoke about the impact of regulatory actions in the U.S. on the ability…
Market News
Tether Fights Back Against WSJ’s Accusations of Forged Bank Documents
Tether, the company behind the stablecoin USDT, has hit back against a recent report from The Wall Street Journal (WSJ) alleging that…