Tag: Finance
Ether Price Surges Over $3K Following Trump’s Win and Fed Rate Cut
Ether (ETH), the cryptocurrency associated with the Ethereum network, has seen a significant surge in price, surpassing $3,000 following recent positive developments. This surge in price comes after Donald Trump's victory in the U.S....
FTX Lawsuit Against Crypto.com for Recovery of Millions from Alameda Research
FTX recently took legal action against Crypto.com in an attempt to recover more than $11 million from an account linked to Alameda Research, a sister company of Crypto.com. The lawsuit, which was outlined in...
Challenges hindering the adoption of Web3 loyalty programs
The emergence of web3 technology brought about a new era of customer loyalty programs that promised to revolutionize the way rewards are earned and used. The idea was to leverage blockchain technology to create...
Eclipse: Solana-Ethereum Hybrid by VC Darling Makes Debut
Eclipse, a new blockchain platform, has finally launched its mainnet, combining technology from Ethereum and Solana to create a unique layer-2 network. This innovative network, similar to other layer-2 Ethereum rollups, allows users to...
Bitcoin Price Surges to $77k Post US Elections
Bitcoin made headlines once again as its price surged to a new all-time high of $77,020 on Friday, Nov. 8, following the US presidential election. This marked a significant milestone for the popular cryptocurrency,...
ADA Leads CoinDesk 20 Index with 9.9% Gain: Weekly Performance Update
ADA, the native cryptocurrency of the Cardano blockchain, has shown impressive performance this week, leading the CoinDesk 20 Index with a 9.9% gain. This significant increase has caught the attention of investors and cryptocurrency...
Ethereum Foundation’s Treasury Decreases by 39% to $970M
The Ethereum Foundation recently disclosed its financial report, stating that it had $970.2 million in its treasury as of Oct. 31. This amount represents a 39% decrease from the $1.6 billion it held on...
California Regulators Permanently Revoke BlockFi’s License for Unethical Lending Practices
The California Department of Financial Protection and Innovation has taken strict action against BlockFi, a crypto lending platform, by permanently revoking its lending license due to unethical lending practices and regulatory issues. This decision...
Reframing Blockchains: Understanding Their True Focus on Time, Not Money
Blockchain technology has been gaining momentum recently, with the rise of Bitcoin and Ethereum ETFs attracting more mainstream investors to the crypto space. Decentralized projects like DeFi are also experiencing growth in users and...
Potential Timeline for Gary Gensler Losing SEC Chair Position Under Trump
President-elect Donald Trump has made promises to replace Gary Gensler as the chair of the U.S. Securities and Exchange Commission as soon as he takes office on Jan. 20. Gensler was appointed by President...
