Crypto News
US Treasury Secretary Scott Bessent pushes for lower interest rates
Scott Bessent, the U.S. Treasury Secretary, wants to lower interest rates to help the American public, especially those with lower incomes. He…
Author
Teererai Mukonavanhu
Crypto News
The SEC introduces its Crypto Task Force
The US Securities and Exchange Commission (SEC) has formed a new Crypto Task Force to address regulatory challenges in the digital asset…
Crypto News
Tether (USDT) appoints Simon McWilliams as its new CFO
Tether, a major stablecoin issuer, has appointed Simon McWilliams as its new Chief Financial Officer. This move is seen as a significant…
Crypto News
CME Group announces that it will roll out Solana futures on March 17
CME Group will launch Solana (SOL) futures on March 17, pending regulatory approval. This announcement was made on February 28. The new…
Crypto News
Bank of America’s CEO Brian Moynihan reveals the firm is considering launching a stablecoin
Bank of America’s CEO, Brian Moynihan, announced that the bank is considering launching its own stablecoin. This decision depends on new regulations…
Crypto News
Volatility Shares launches the first Solana futures ETFs
Volatility Shares has introduced the first Solana futures ETFs, a major advancement in cryptocurrency investments. The two ETFs, named Volatility Shares 2x…
Crypto News
Bitcoin drops to lows of $82K, dipping to levels seen in November 2024
Bitcoin’s price fell over 6% in just 24 hours, dropping below $84,000 on Wednesday. This decline marks its lowest level since November…
Crypto News
South Korean regulators impose a three-month partial suspension on Upbit
South Korean regulators have suspended Upbit, a major crypto exchange, for three months. This action is because of compliance issues, like unregistered…
Crypto News
Pi Network addresses controversy over its legitimacy
Pi Network faced controversy recently due to accusations from Bybit CEO Ben Zhou. Zhou claimed that a warning from Chinese police in…
Crypto News
Nigeria sues Binance for $81.5 billion
Nigeria has filed an $81.5 billion lawsuit against Binance. The lawsuit accuses the crypto exchange of tax evasion, money laundering, and violating…
Crypto News
Coinbase launches Proof of Reserves for cbBTC
Coinbase has launched Proof of Reserves (PoR) for its cbBTC token. This initiative aims to reassure users that each cbBTC is backed…
Market News
HyveDA raises $50 million
Hyve, a middleware data availability protocol, has achieved a significant milestone by securing $50 million in pre-deposits from early contributors in just…