Infosys Stock Reacts to $1.5 Billion AI Contract Termination with 2.5% Drop
Infosys’ $1.5B AI deal termination leads to a 2.5% stock price drop, signaling changes in IT sector demands and budgets. (Read More)
SEC’s Upcoming Decision on Bitcoin ETFs and the Implications
The SEC’s anticipated decision on Bitcoin ETFs, expected by January 2024, could significantly boost U.S. crypto adoption, balancing financial institutions’ interests and […]
PancakeSwap’s CAKE Token Skyrockets by Over 50%
PancakeSwap’s CAKE token experienced a 50% surge in a week, thanks to strategic token burn and a new supply cap proposal, marking […]
Grayscale’s Strategic Shift: Aiming for Bitcoin Spot ETF with Cash Redemption Model
Grayscale changes GBTC to a spot Bitcoin ETF using cash creation model, complying with SEC guidelines after Barry Silbert’s resignation, marking a […]
Mt. Gox Double Payment Error: Creditors Urged to Return Overpaid Funds
Mt. Gox, a former Bitcoin exchange, paid creditors twice during its settlement process, causing mixed reactions among creditors and underscoring the complexities […]
FTX Debtors Propose Litigation Settlement Over $220 Million Embed Acquisition
FTX debtors propose a $220M litigation settlement over their Embed acquisition, involving ex-CEO Sam Bankman-Fried, with the aim of recovering the full […]
KyberSwap’s Response to $48.8 Million Hack: Workforce Halved and Victim Reimbursement Plans
KyberSwap, after a $48.8M hack, has halved its workforce and launched a reimbursement plan for affected users, showcasing the resilience of DeFi. […]
Bitcoin Mining Hits Record High
Bitcoin’s mining hash rate hit a record 544 EH/s on Dec. 25, but miners face challenges with profitability slumping despite a 150% […]
Title: Tether’s $1 Billion USDT Minting Stirs Debate: Inventory Replenishment or Market Manipulation?
Tether’s recent billion-dollar minting for inventory replenishment has sparked debates on transparency, impact, and potential market influences, despite significant growth. (Read More)
Barry Silbert Resigns from Grayscale Investments Board Amidst Industry Challenges
Grayscale Investments has announced the resignation of Barry Silbert from its board of directors, following a challenging period in the crypto industry. […]
Bloomberg: Changpeng Zhao’s Net Worth Surges to $37.2 Billion
Changpeng Zhao’s net worth has risen $25 billion since December 2022, ranking him 35th in the Bloomberg Billionaires Index despite facing legal […]
Turkey Names Blockchain Expert to Central Bank Committee
Turkey’s central bank embraces blockchain with the appointment of crypto expert Prof. Fatma Ozkul to its monetary policy committee. (Read More)