Latest news from the Web3 ecosystem
Bitcoin experienced a significant price correction over the weekend, falling below the $65,000 mark. This downturn impacted major altcoins as well, with Solana, XRP, and Dogecoin seeing notable declines.
Financial giant Morgan Stanley has applied to the Office of the Comptroller of the Currency (OCC) for a bank charter, signaling an intent to offer cryptocurrency custody services.
Crypto venture capital firm Paradigm is broadening its investment scope to include artificial intelligence and robotics, announcing a new $1.5 billion fund dedicated to these emerging sectors.
Bitcoin experienced a price slump while gold saw gains, indicating a potential shift in investor preference and a maturing cryptocurrency market.
A group of U.S. Senators has requested the Treasury Department and the Department of Justice investigate Binance's measures against illicit finance, citing concerns over potential terrorist group funding.
Despite a significant price correction, key data indicates Solana's underlying strength. This raises questions about whether the SOL token is currently undervalued.
Ryan VanGrack, Coinbase's head of litigation, asserts that state regulators are distorting federal law to oppose prediction markets, challenging their legal interpretations.
The introduction of Layer 2 scaling solutions aimed to enhance Ethereum's throughput. However, questions are now arising about whether these solutions have inadvertently fragmented the network's liquidity and user base.
A UBS report flags US stocks as overvalued, suggesting investors may seek opportunities beyond domestic markets, potentially benefiting Bitcoin.
Alchemy has introduced a new system enabling AI agents to autonomously manage payments for blockchain services on the Base network, leveraging USDC. This development supports the growing trend of autonomous crypto applications.
Companies holding significant Bitcoin reserves are encountering investor dissatisfaction. This comes as stablecoin issuers report robust financial results and traditional payment providers grapple with industry challenges.
The U.S. Department of Justice has successfully seized and frozen over $580 million in cryptocurrency, disrupting the operations of a transnational criminal organization with ties to China.