Yuga Labs halts CryptoPunks project after ‘woke’ community backlash

A community member said that Yuga Labs killed CryptoPunks with the new Super Punk World collection, while another threatened to sell their punk NFT.

Yuga Labs halts CryptoPunks project after ‘woke’ community backlash

Yuga Labs CEO Greg Solano announced that the nonfungible token (NFT) company would “no longer touch” the CryptoPunks project following community backlash from its new Super Punk Worl...

3 months ago

‘Winter is over’ — Bullishness returns in wake of Ether ETF anticipation

Many industry pundits speculate the SEC’s sudden change of pace on spot Ether ETFs could be a result of increased political pressure.

‘Winter is over’ — Bullishness returns in wake of Ether ETF anticipation

Crypto bulls are seemingly back in full force after speculation that an approved spot Ether exchange-traded fund (ETF) is more likely than ever. It comes amid reports that the Uni...

3 months ago

Grayscale CEO Michael Sonnenshein steps down

The CEO will be replaced by Goldman Sachs executive Peter Mintzberg effective Aug. 15.

Grayscale CEO Michael Sonnenshein steps down

Michael Sonnenshein has stepped down from his role as the CEO of Grayscale Investments LLC. Sonnenshein will be replaced by former Goldman Sachs executive Peter Mintzberg as of Aug. 15...

3 months ago

Ex-Florida congressman joins Coinbase Global Advisory Council

Stephanie Murphy, Tim Ryan, and Pat Toomey — all former U.S. lawmakers — are on the council advising Coinbase on regulatory matters.

Ex-Florida congressman joins Coinbase Global Advisory Council

Kendrick Meek, previously serving as the House Representative for Florida's 17th congressional district, has joined cryptocurrency exchange Coinbase’s council to address the digital as...

3 months ago

Bitcoin would need to hit $93K to flip silver right now

Silver’s market cap has risen to over $500 billion larger than Bitcoin despite the cryptocurrency flipping the precious metal just two months ago.

Bitcoin would need to hit $93K to flip silver right now

Silver has staged an impressive comeback against Bitcoin in 2024, surpassing the cryptocurrency as the eighth-largest asset by market cap after losing its position in March. ...

3 months ago

Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now

Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework.

Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now

Cryptocurrency exchange Kraken has “no plans” to delist Tether (USDT) in Europe at the moment despite a recent report claiming the firm was “actively reviewing”...

3 months ago

Blockchain ID project Humanity Protocol hits unicorn status with $30M raise

Over half a million people are already on the waitlist for Humanity Protocol’s public testnet launch, expected to take place in the back half of 2024.

Blockchain ID project Humanity Protocol hits unicorn status with $30M raise

Decentralized identity solution Humanity Protocol is officially a unicorn after a recent $30 million raise lifted its valuation to $1 billion. The $30 million Seed Round was led by Kin...

4 months ago

SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel

The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler.

SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel

The United States securities regulator has turned crypto regulation into a “political football,” and its “open hostility” isn’t helping President Joe Biden, says Re...

4 months ago

Galaxy Digital’s revenue soars with mining, fees at record levels

Galaxy Digital’s net income climbed 40% in the first quarter of 2024, buoyed by record-breaking revenue from mining operations and management fees.

Galaxy Digital’s revenue soars with mining, fees at record levels

Galaxy Digital reported a robust first quarter in 2024, with net income climbing to $422 million, a 40% increase from the previous quarter. The surge was supported by record earnings in mining a...

4 months ago

Brazil leads LATAM crypto trading with $6B volume in 2024

Brazil recorded a 30% increase in crypto trading volume in the first months of 2024, outpacing USD weekly trading volume since mid-January.

Brazil leads LATAM crypto trading with $6B volume in 2024

Crypto trade volumes in Brazil have spiked in the first months of 2024. According to data from Kaiko Research, crypto trading activity in the country is up 30% year-over-year. From Jan...

4 months ago

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