SEC Sues Consensys Over MetaMask Staking, Broker Allegations

The U.S. Securities and Exchange Commission sued Ethereum software provider Consensys over its MetaMask service Friday, allegi...

2 months ago

According to a market report from Allied Research, the South Korean pop music industry will be valued at $20 billion by 2031.

Ava Labs brings intellectual property management to K-pop industry

Ava Labs, the company behind the layer-1 Avalanche blockchain, is leveraging its network to provide intellectual property management solutions to South Korean K-pop artists. According ...

2 months ago

The official X account for Metallica was hacked, and exploiters posted about a Solana token dubbed METAL.

Metallica’s X account hacked to promote crypto token

The official X account for heavy metal band Metallica was hacked, with the exploiters using the breach to promote a Solana token with the ticker METAL. Metallica’s team appears t...

2 months ago

Bitcoin ETFs have seen outflows of $1.3 billion Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months.

Bitcoin ETFs shed $1.3B over 2 weeks amid market slump

Outflows from United States spot Bitcoin exchange-traded funds (ETFs) reached $1.3 billion over the last two weeks as the price of Bitcoin continues to decline.  According to data...

2 months ago

While not yet permitted to trade, DFX Labs is deemed licensed for virtual asset services by the Securities and Futures Commission of Hong Kong.

DFX Labs clears Hong Kong’s AML requirement for crypto license

Hong Kong-based crypto trading platform DFX Labs has come closer to attaining a full operational license in the region after bagging an Anti-Money Laundering and Counter-Terrorist Financing Ordi...

2 months ago

Bybit became the world’s second-largest crypto exchange, while the leading exchange, Binance, has lost some market share due to previous regulatory issues.

Bybit surpasses Coinbase in market share after Binance's decline

Bybit exchange has flipped Coinbase to become the world’s second-largest cryptocurrency exchange. Following a surge in trading, Bybit became the second-largest centralized c...

2 months ago

Keith Gill — also known as "Roaring Kitty" — has become a hero of the people, but he is also a menace to stable markets.

Roaring Kitty’s gamification of GameStop is a menace to the market

In terms of entertainment value, the reappearance of vigilante investor Roaring Kitty has been a highlight of the year so far. The enormous volatility and questionable trading it has prompted, t...

2 months ago

The AI chatbot, Store Companion, will be used on handheld devices, providing staff members with immediate answers to any work-related questions they may have.

American retailer Target to roll out AI chatbot in US stores by August

Retail giant Target Corporation is rolling out a new generative artificial intelligence tool to assist hundreds of thousands of staff across its nearly 2,000 stores across the United States....

2 months ago

Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before.

Stablecoins to make up 10% of money in the next decade or so: Circle CEO

Stablecoins could account for 10% of “global economic money” over the next ten years or more, according to stablecoin issuer Circle CEO Jeremy Allaire. It’s arguably ...

2 months ago

Meta cited a section of a 1996 federal law in an attempt to escape a crypto ad lawsuit from Australian billionaire Andrew Forrest, but a U.S. federal judge said it wasn’t enough.

Meta loses bid to wriggle out of billionaire’s crypto scam ad lawsuit

A United States judge has rejected Meta Platform’s bid to toss a lawsuit from billionaire Australian mining tycoon Andrew Forrest over Facebook ads that used deep fakes in his im...

2 months ago