News

Latest news from the Web3 ecosystem

Major Crypto Exchange Addresses Allegations of Facilitating Iranian Transactions

Major Crypto Exchange Addresses Allegations of Facilitating Iranian Transactions

A prominent cryptocurrency exchange is refuting claims that it processed billions of dollars connected to Iran, amidst reports of internal investigations and personnel changes.

1 min read
Dragonfly Partner: Crypto's Growth Differs Fundamentally from AI

Dragonfly Partner: Crypto's Growth Differs Fundamentally from AI

Haseeb Qureshi of Dragonfly argues that direct comparisons between cryptocurrency and AI adoption rates are misguided, highlighting differing product natures and market dynamics.

2 min read
Polymarket Sees $7M Bet Volume on ZachXBT Investigation Outcome

Polymarket Sees $7M Bet Volume on ZachXBT Investigation Outcome

Over $7 million has been wagered on Polymarket concerning the anticipated results of crypto investigator ZachXBT's latest takedown, with betting activity leaning towards a specific outcome.

1 min read
Bitcoin Onchain Signal Suggests Imminent Demand Revival

Bitcoin Onchain Signal Suggests Imminent Demand Revival

A key onchain indicator for Bitcoin has stabilized, signaling a potential return of spot market demand despite ongoing price volatility below $65,000.

2 min read
Treasury Sanctions Australian for Selling Exploits to Russian Firm

Treasury Sanctions Australian for Selling Exploits to Russian Firm

The U.S. Treasury Department has sanctioned an Australian national accused of selling software tools capable of exploiting U.S. government systems to a Russian entity known as Operation Zero.

1 min read

Terraform Labs Sues Jane Street Over Terra Collapse Role

Terraform Labs has filed a lawsuit against quantitative trading firm Jane Street, alleging its involvement in the catastrophic collapse of the Terra ecosystem.

2 min read
Ether Faces Liquidity Squeeze Amidst Whale Inactivity

Ether Faces Liquidity Squeeze Amidst Whale Inactivity

Ether's price continues its downward trend, with whales showing reduced activity and a significant short cluster forming near $2,000, indicating potential liquidity challenges.

2 min read
Fluid Protocol Poised for Foundation Launch with $3M Annual DAO Grant

Fluid Protocol Poised for Foundation Launch with $3M Annual DAO Grant

A new governance proposal by Instadapp's COO aims to establish a non-profit foundation for Fluid, funded by a significant annual grant from the DAO. The foundation will manage the protocol's core assets.

1 min read
Major Shareholder Urges Empery Digital to Sell Bitcoin, Replace Leadership

Major Shareholder Urges Empery Digital to Sell Bitcoin, Replace Leadership

A significant shareholder is pushing Empery Digital to divest its substantial Bitcoin treasury, return capital, and enact leadership changes.

2 min read
Fed Proposes Rule to Protect Banks Serving Crypto Businesses

Fed Proposes Rule to Protect Banks Serving Crypto Businesses

The Federal Reserve has put forth a proposal aimed at preventing banks from de-risking or 'debanking' crypto companies by removing 'reputational risk' as a basis for supervisory action.

2 min read
21Shares Introduces Sui ETF for U.S. Investors on Nasdaq

21Shares Introduces Sui ETF for U.S. Investors on Nasdaq

21Shares has launched a new exchange-traded fund (ETF) on the Nasdaq, providing U.S. investors with a regulated pathway to gain exposure to the Sui blockchain.

1 min read
Prediction Markets Surge Towards $10 Billion Valuation, Bank Reports

Prediction Markets Surge Towards $10 Billion Valuation, Bank Reports

Driven by increasing trading volumes, refined market structures, and growing institutional interest, prediction markets are rapidly evolving from niche platforms to a significant asset class.

1 min read