The FDIC Warns Banks Against Offering Crypto Services: Coinbase Investigation
The Federal Deposit Insurance Corporation (FDIC) has issued warnings to banks about offering crypto services in more than 20 cases, as revealed by Coinbase. The chief legal officer of Coinbase, Paul Grewal, expressed concern...
Expanding in Europe: Archax Acquires Spanish Broker King & Shaxson Capital Markets
Archax, a UK-based cryptocurrency exchange and custodian, has announced its acquisition of Spanish broker King & Shaxson Capital Markets (KSCM) as part of its expansion into the European Union. This acquisition comes at a...
Robinhood Stock Plummets on Earnings Miss, JMP Analyst Stays Positive
Robinhood, the popular trading platform, saw its stock take a hit as it plummeted over 10% in premarket trading following its third-quarter earnings report. The negative reaction was not unexpected, considering the stock's strong...
Tron Achieves Second-Highest Revenue with Growing TRX Momentum
Tron has seen a significant increase in revenue, reaching its second-highest monthly revenue in history. The native token, TRX, has surged to $0.17 within the past 24 hours, marking a 55% increase year-to-date. This...
APTs Lead CoinDesk 20 Index Lower with 4% Decline
CoinDesk 20 Index experienced a 4% decline as APTs led the way down. This drop in the index has caught the attention of many investors and cryptocurrency enthusiasts. The CoinDesk 20 Index is known...
Kemi Badenoch: New Leader of U.K. Conservative Party
Kemi Badenoch has been chosen as the new leader of the Conservative Party, succeeding Rishi Sunak after his resignation. Despite the Conservative Party's previous support for crypto, the topic was not discussed during the...
Ethereum Researchers Step Down from EigenLayer Roles Due to Conflict of Interest
Ethereum researchers Dankrad Feist and Justin Drake have recently stepped down from their advisory roles at EigenLayer, a prominent cryptocurrency project, due to concerns over potential conflicts of interest within the Ethereum community. EigenLayer...
MicroStrategy’s Bitcoin Strategy Boosts Market Cap to Over $50B, Surpassing Coinbase
MicroStrategy, a company known for its focus on Bitcoin investments, has seen its market capitalization soar past $50 billion, surpassing even Coinbase, the largest cryptocurrency exchange in the US. This significant shift in valuation...
Bitcoin Mining Bans Could Increase Carbon Footprints
A recent study conducted by researchers from the non-profit organization Exponential Science and University College London suggests that Bitcoin mining bans could have unintended consequences on carbon emissions. The researchers found that blanket bans...
Presidential Candidates Urged to Commit to Buying 20% of Bitcoin Supply
The race for the presidency is heating up between the Democratic and Republican nominees, with Donald Trump currently leading in the polls. Despite Kamala Harris incorporating crypto into her campaign with the help of...
AI-Centric Data Centers by NVIDIA: Leading the 5th Industrial Revolution
NVIDIA's Wade Vinson Unveils AI-Centric Data CentersNVIDIA, a leading technology company, is spearheading a groundbreaking transformation of traditional data centers into AI-driven...
