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The Algorand Foundation’s latest ad takes a swipe at the “big three” crypto networks, saying they're too slow, too expensive or prone to failure.

Algorand causes a stir with new ad bashing Bitcoin, Ethereum and Solana

The foundation behind layer-1 blockchain Algorand has attracted mixed feelings over a new ad that takes a big swipe at rival networks Bitcoin, Ethereum, and Solana — suggesting they are no...

4 months ago

Justice Neil Gorsuch emphasized that arbitration is a matter of contract and parties can agree to have an arbitrator resolve threshold arbitrability questions.

US courts to handle Coinbase Dogecoin sweepstakes disputes

The United States Supreme Court has overridden Coinbase’s user agreement, allowing district courts to settle sweepstakes disputes involving Dogecoin rewards. Crypto exchange Coin...

4 months ago

Centralized exchanges led by Coinbase, along with Meta, Match, and Ripple Labs, have formed an educational group to prevent pig butchering scams.

Crypto exchanges form ‘Tech Against Scams’ partnership to combat fraud

A group of major crypto firms, advocacy groups, and tech companies led by Coinbase has taken a stand against scams commonly seen throughout the industry. Coinbase, along with Kra...

4 months ago

Trading in Metaplanet’s stock was halted for two straight days under Tokyo Stock Exchange rules as its shares rocketed over the last week.

‘Asia’s MicroStrategy’ Metaplanet smashes all other Japanese stocks

Metaplanet, a Japan-based investment firm borrowing from MicroStrategy’s Bitcoin (BTC) playbook, has seen its shares rocket 158% over the last week — becoming the highest g...

4 months ago

Ben Zhou shared a post on X, clarifying that none of the rumors have “any real facts” supporting them.

Bybit CEO refutes insolvency rumors, shares proof-of-reserves

Ben Zhou, the CEO of the cryptocurrency exchange Bybit, addressed the rumors about the platform being hacked and insolvent in a post shared on X. On May 22, rumors of an insolvent exch...

4 months ago

Apple’s letter to a federal judge previewed its slated dismissal motion to a U.S. antitrust suit, with the firm claiming prosecutors didn’t define where it has a monopoly.

Apple disputes monopoly claims, cites 'fierce competition' in court

Apple has claimed it isn’t a “monopolist” and “faces fierce competition” in the tech sector in a letter previewing its bid to toss a United States antitrust suit.

4 months ago

U.S. prosecutors demanded “just punishment” fitting the scale of his crime, but Salame’s lawyers argue that he should serve no more than 18 months.

US prosecutors push for 5–7 years in prison for ex-FTX exec

United States prosecutors want former FTX executive Ryan Salame — the alleged wingman of FTX co-founder Sam “SBF” Bankman-Fried — to serve five to seven years i...

4 months ago

Diamond Standard Co. has introduced a blockchain payments system that uses diamonds as backing collateral for transactions.

Diamonds Standard Co. uses precious gems to back payment network

In an effort to sidestep the regulatory challenges faced by many centralized exchanges and payment services, Diamond Standard Co. has introduced an alternative blockchain payment system called C...

4 months ago

While the ETF approval process could be delayed until 2025, it could be Ether’s most significant price catalyst.

Ether ETFs could drive ETH price to $10K, but approval could take until 2025

The approval of the spot Ether exchange-traded funds (ETFs) in the United States could drive Ether’s price to $10,000. While the United States Securities and Exchange Commission&...

4 months ago

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...

4 months ago