Utah DAO Act: How the law was made and what it means for decentralized business
In March, the Utah State Legislature passed the Utah DAO Act, granting legal recognition and limited liability protections to decentralized autonomous organizations (DAO) in the...
Hong Kong to release cryptocurrency framework next month
Hong Kong’s new cryptocurrency licensing framework is expected in May. The Securities and Futures Commission (SFC) chief executive Julia Leung told Bloomberg the guidelines follow...
Crypto has a wild day as $300 million liquidated: a story that won’t change soon
Key Takeaways Bitcoin led markets on a ride Wednesday, surging from $28K to $30K before shedding 7% in an hour Surge had come following optimism...
Here’s why MultiversX (EGLD) price just jumped
MultiversX price jumped sharply as investors reacted to the latest listing in Upbit, one of the leading crypto exchanges. EGLD jumped to a high of $52.01, the...
Dymension and Evmos Core Teams launch first IBC-Enabled EVM Rollup
Dymension is a blockchain startup building a network of easily deployable modular blockchains called RollApps. Dymension has partnered with Evmos Core Teams and Celestia. The...
Standard Chartered’s Zodia Custody raises $36 million
Key takeaways Crypto storage provider Zodia Custody has raised $36 million in a recent funding round. The crypto-focused subsidiary of Standard Chartered will use the...
Kraken asks San Francisco court to intervene against IRS demands
Crypto exchange Kraken is taking the fight against the United States Internal Revenue Service (IRS) and its demand to present critical exchange user information to...
Celsius creditors demand transparency on ‘suspicious’ FTX transactions
Celsius creditors claim that some FTX users have engaged in suspicious trades that may have manipulated the price of the Celsius (CEL) token in 2022....
Bitcoin and the S&P 500 move in a tight correlation. The 2023 price action is relevant for understanding the direct correlation.
Bitcoin and the S&P 500 move in a tight correlation The 2023 price action is relevant for understanding the direct correlation If stocks bounce, Bitcoin...
Bitcoin price retargets $29K after Mt. Gox panic liquidates $320M
Bitcoin (BTC) returned to a familiar range on April 27 as panic over alleged Mt. Gox and United States government transactions faded.BTC/USD 1-hour candle chart...