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news-15112024-213549

dYdX Community Approves Revenue Sharing Proposal – A Step Towards Growth

The dYdX Foundation recently announced a significant development for its community - the approval of a revenue-sharing proposal. This proposal, which was passed on November 15th, outlines the allocation of 50% of protocol revenue...
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Federal Prosecutors Scale Back Cryptocurrency Lawsuits

Federal prosecutors are easing up on their crackdown on cryptocurrency businesses, providing some relief to the industry. This decision comes after President Donald Trump's re-election, with the U.S. Attorney's Office in Manhattan signaling a...
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Exploring Aave’s Potential Expansion to Bitcoin Layer 2: Spiderchain Integration

Aave, the leading decentralized finance (DeFi) lending platform, is considering expanding its operations to the Bitcoin layer-2 network Spiderchain. The initiative, known as the Aave-Chain Initiative (ACI), is currently seeking feedback from its community...
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Crypto’s Potential Role in Rescuing US from Debt Crisis

Cryptocurrency enthusiasts and financial experts are buzzing about the potential role of crypto in helping the U.S. navigate its mounting debt crisis. Former House Speaker Paul Ryan recently shared his thoughts on the matter...
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Razzlekhan’s Husband Receives Five-Year Prison Sentence for Bitfinex Hack

Ilya Lichtenstein, the husband of rapper Heather Morgan, also known as "Razzlekhan," has been sentenced to five years in prison for his involvement in the theft of around 120,000 bitcoin from Bitfinex in 2016....
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DeFi Technologies Launches CoreFi Strategy: A Publicly-Traded Innovation

DeFi Technologies has recently introduced CoreFi Strategy Corp, a publicly traded company that will provide investors with exposure to Bitcoin-focused decentralized finance through the Core blockchain. This initiative was influenced by successful companies like...
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Bitfarms Stock: Analyst Reiterates ‘Buy’ Rating Despite Selloff

H.C. Wainwright & Co. analysts have reiterated their “Buy” rating on Bitfarms, a Bitcoin mining company, despite a recent 15% decline in the stock price. This drop came after Bitfarms announced delays in reaching...
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Strategic Bitcoin Reserve: Michael Saylor’s Insight on US Govt Purchases

Michael Saylor, the executive chairman of MicroStrategy (MSTR), strongly believes that the United States government should establish a strategic reserve of bitcoin (BTC). Although this idea is currently just a thought and not a...
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Challenges of Blocking U.S. Users on Polymarket: A Closer Look

Polymarket, a prediction market platform, is currently facing challenges as it is under investigation by the Department of Justice for allowing U.S. residents to trade on its platform despite a regulatory settlement prohibiting such...
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Navigating the Slow Resolution of Crypto Enforcement Shackles

The Securities and Exchange Commission (SEC) is facing challenges in resolving its legal issues with the crypto industry despite having a commission that is friendly towards the industry. Dropping existing cases would require a...