Cryptocurrency News

Is Grayscale (GBTC) getting ready for Spot Bitcoin ETF Approval?
It appears that Grayscale is preparing for a spot Bitcoin ETF launch by updating its trust agreement to improve "operational efficiencies." The modifications to the Trust Agreement include changes to the fee structure and the way assets are held for easier share creation and redemptions.

Solana (SOL) Gains Continue to Lead Altcoin Rallies
Solana (SOL) gains outperformed other major altcoin rallies by experiencing a 7% increase in price on Wednesday morning.

Save the Children HODL Hope Campaign - Ethereum Donations
The HODL Hope Campaign by Save the Children, which aims to enhance the lives of children globally through a continuous crypto donation drive, has amassed more than $7.6 million so far.

Standard Chartered Bank: Bitcoin price to reach $100K in 2024
Standard Chartered Bank has reaffirmed its previous forecast that Bitcoin (BTC) will reach a price of $100,000 by the conclusion of 2024.

Cristiano Ronaldo: Sued for Endorsing Binance Unregistered Securities
Cristiano Ronaldo, the renowned Portuguese soccer player, is currently facing a lawsuit for his alleged role in promoting unregistered securities on Binance. This class action lawsuit has been recently filed in the U.S. District Court for the Southern District of Florida.

Blockchain Technology: What does sharding mean?
Sharding is a method employed to improve the scalability of blockchain networks through various means. The fundamental concept of sharding involves dividing information among multiple shards, which can potentially expand storage capacity. This approach can effectively boost overall performance.

Jack Dorsey Leads Investment for OCEAN Bitcoin Mining Pool
Mummolin, Inc, a company headquartered in Wyoming, has recently declared the accomplishment of a $6.2 million seed funding round. This funding round was led by Jack Dorsey and included notable investors like Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital and the Bitcoin Opportunity Fund among others.

Coinbase (COIN) Shares Explode after Binance Charges
Coinbase shares (COIN) surge to an 18-month peak following Binance's legal charges. This price surge is a direct result of Binance admitting guilt and traders factoring in Coinbase's custodian agreements for a range of spot crypto ETFs.

Hoskinson vs Back: ADA Team Blue vs BTC Team Orange
In a recent video, Charles Hoskinson, the co-founder of IOHK and the Cardano blockchain project, expressed his disappointment with the U.S. regulator's decision to classify ADA as a security.

Do Kwon Extradition to South Korea and U.S. Approved
The extradition of Do Kwon, co-founder of Terraform Labs, has been authorized by the Higher Court in Podgorica, the capital city of Montenegro.

Blast Network: Ethereum L2, TVL $440M, Too Centralized?
According to data from blockchain analytics platform DeBank, the Blast network, a Web3 protocol built on Ethereum, has accumulated more than $400 million in total value locked (TVL) within just four days of its launch.

What is BNB Binance Coin?
There are numerous crypto exchanges available, each with its unique design and functionalities. However, their primary objective is to provide a platform for crypto traders to exchange their digital assets.

HTX Exchange: Sun confirms Heco blockchain hacked for $100M
On Wednesday, Justin Sun, an investor at the crypto exchange HTX, confirmed in a post that both the exchange and blockchain protocol Heco Chain were hacked, resulting in a loss of $97 million in various tokens.