NBA, football, NASCAR stars cough up $2.4M in Voyager promo suit
Rob Gronkowski, Victor Oladipo, and Landon Cassill have agreed to settle with plaintiffs in their ongoing case against Voyager Digital.
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Swiss National Bank President Says Stablecoins Could Hamper Policy
Swiss National Bank (SNB) President Thomas Jordan said that stablecoins pegged to foreign currencies could hamper Switzerland’s monetary policy in some circumstances.Cryptocurrencies’ limited use as payment instrumentsOn Sept. 5, Jordan spoke at the University of Basel, saying that he is convinced that cryptocurrencies are of limited use as payment instruments, stores of value and units…

How Cryptocurrency Prices Work, Explained
4. Tracking the price of Bitcoin gives us a good indication of the overall cryptocurrency market in the past 18 months. Bitcoin started 2017 at under $1,000 and took a dip when China announced investigations into cryptocurrency exchanges in the country. At that point, the majority of Bitcoin trading took place in China, and the…

Cryptocurrencies Like Bitcoin are Not Real Money: German Parliament
Cryptocurrencies such as Bitcoin (BTC) are not real money, according to a statement published by the German federal parliament on Oct. 28.Not a payment vehicle, not a store of valuePer the announcement, the assets offered by the current cryptocurrency landscape — such as Bitcoin — provide only a very limited portion of the features expected…

What is Solana, and how does it work?
What is Solana?Solana is a highly functional open source project that implements a new, permissionless and high-speed layer-1 blockchain. Created in 2017 by Anatoly Yakovenko, a former executive at Qualcomm, Solana aims to scale throughput beyond what is typically achieved by popular blockchains while keeping costs low. Solana implements an innovative hybrid consensus model that…

SEC drops investigation into NFT marketplace OpenSea
OpenSea founder Devin Finzer announced that the SEC is closing its investigation into the NFT platform, calling it "a win for everyone" in the industry.

Republican lawmaker claims SEC chair was coordinating with FTX ‘to obtain regulatory monopoly’
Minnesota Representative Tom Emmer did not provide any evidence to his claim Gary Gensler was "helping SBF and FTX work on legal loopholes," but said he was looking into the matter. 271 Total views 1 Total shares Tom Emmer, the recently re-elected Republican lawmaker representing Minnesota’s 6th district in the United States House of Representatives,…

GNUS Discord hack causes $1.27M in losses
The attacker was able to view team members’ private Discord messages, allowing them to gain access to the team’s wallet address and mint 100 million fake tokens.

BTC volatility hits record low, stablecoin transaction value tops Visa — ARK
Bitcoin’s price rallied by 122% in 2024, yet its annualized volatility reached the lowest level on record.