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

What’s in store for crypto exchanges this bull run — Interview with BingX

From social trading to comprehensive educational resources, this platform aims to make crypto trading accessible and secure for everyone.

What’s in store for crypto exchanges this bull run — Interview with BingX

Cryptocurrency exchanges play a pivotal role in driving crypto adoption and expanding the ecosystem by bridging the gap between traditional finance’s tried-and-tested dynamics an...

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

Ethereum dev’s paid EigenLayer role sparks debate on ‘conflicted incentives’

Ethereum researcher Justin Drake said his EigenLayer role is worth “millions of dollars” and some think it could shake up incentives for those working on the blockchain.

Ethereum dev’s paid EigenLayer role sparks debate on ‘conflicted incentives’

An Ethereum Foundation researcher’s decision to take a paid adviser role for the foundation behind EigenLayer has sparked criticism on social media, with one commentator suggesting it coul...

3 months ago

Genesis Global secures court approval for $3B payout

According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake.

Genesis Global secures court approval for $3B payout

Bankrupt cryptocurrency lender Genesis Global has secured court approval to return about $3 billion in cash and cryptocurrency to its creditors. This decision leaves its parent company, Digital ...

3 months ago

Microsoft faces multibillion-dollar fine in EU over Bing AI

The company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27.

Microsoft faces multibillion-dollar fine in EU over Bing AI

Microsoft could be fined up to 1% of its annual revenue in the European Union if it doesn’t respond to a request for information by May 27.  The threat stems from a request ...

3 months ago

OpenAI leadership responds to former employee safety allegations

The company’s head of alignment, Jan Leike, resigned on May 17, stating they’d reached a “breaking point” with management.

OpenAI leadership responds to former employee safety allegations

Sam Altman and Greg Brockman, the CEO and president of ChatGPT maker OpenAI, respectively, recently took to X.com to publicly discuss the recent departure of Jan Leike, arguably the company&rsqu...

3 months ago

Spot Ether ETFs will come down to a 5-person vote: Gensler the decider?

It was speculated that Gensler’s vote secured the launch of spot Bitcoin ETFs in January — and the same five commissioners are set to vote on Ether ETFs this week.

Spot Ether ETFs will come down to a 5-person vote: Gensler the decider?

The fate of spot Ether exchange-traded funds could be decided this week by a single vote from Gary Gensler, the chair of the United States Securities and Exchange Commission — if hist...

3 months ago

FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research

“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX's cash payouts versus the crypto repayments from Gemini and Mt. Gox.

FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research

Slated cash repayments to FTX creditors could create a wave of bullish “buying pressure” in the crypto market, says K33 Research analysts. FTX is set to pay a minimum of&nb...

4 months ago

Small creditors put at risk by latest FTX bankruptcy development

The transfer of the bankruptcy claim from FTX EU to FTXcreditor could have a significant impact on stakeholders.

Small creditors put at risk by latest FTX bankruptcy development

A significant claim against FTX EU — previously known as K-DNA Financial Services —has been transferred to FTXcreditor in the latest development in the FTX bankruptcy case. The trans...

4 months ago

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