Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large players from traditional finance remain engaged with the market despite its woes. Credit Suisse, Deutsche […]

Leigh Drogen, the General Partner and CIO of Starkiller Capital — a quantitative asset manager in the digital asset space — has thrown shade at two of the top 10 largest cryptocurrencies by market value. Drogen torched Cardano’s ADA and Ripple’s XRP as “completely utterly useless” tokens. Drogen forecasted that […]

Binance, a major cryptocurrency exchange, secretly gained access to a bank account belonging to an ostensibly independent US partner and transferred sizable sums of money from the account to a trading company run by Binance CEO Changpeng Zhao. More than $400 million was transferred from the Binance.US account at California’s […]

The United States Securities and Exchange Commission’s recent filing of charges against Terra and its founder, Do Kwon, has surprised many in the cryptocurrency world due to its delayed timing. The SEC has been actively cracking down on crypto-related businesses for months, yet it took close to a year for […]

Google-owned YouTube has appointed Web3-friendly exec Neal Mohan as its new CEO following the departure of Susan Wojcicki this week. Wojcicki stepped down from YouTube on Feb. 16 after nine years at the helm, outlining plans to start a “new chapter” focused on family, health and personal projects. During her […]

Russia’s central bank is launching a digital ruble pilot program, paving the way for the country’s entry into the world of CBDCs. According to a report by Helen Partz for Cointelegraph published earlier today, which cited a report by the news agency TASS, the Bank of Russia is getting ready […]

The multichain exchange aggregator DexibleApp has been hit by an exploit, and $2 million worth of cryptocurrency has been lost as a result, according to a Feb. 17 post-mortem report released by the team on the project’s official Discord server. As of 6:35 p.m. UTC on Feb. 17, the DexibleApp […]

The Securities and Exchange Commission (SEC) has been closely scrutinising Binance, one of the world’s largest cryptocurrency exchanges, over concerns related to potential securities violations. The SEC has been investigating Binance’s operations, including its trading and lending platforms, to determine whether they comply with US securities laws. Additionally, the SEC […]

The Ethereum price (ETH) has re-entered the uptrend zone after retesting the resistance at $1,700. Long-term analysis of the Ethereum price: bullish Yesterday, buyers managed to keep the price above the resistance, but they were not able to maintain the upward momentum. The largest altcoin is trading in a small […]

The U.S. Securities and Exchange Commission (SEC) has sued Terraform Labs and its CEO Do Hyeong Kwon — better known as Do Kwon — for securities fraud involving the now-collapsed algorithmic stablecoin, TerraClassicUSD (USTC), and its sister token, Terra Luna Classic (LUNC). SEC Charges Do Kwon And Terraform Labs Terraform […]