SEC sues Nova Labs over alleged unregistered crypto securities offerings
The SEC’s filing against Nova Labs came just days before Gary Gensler, SEC chair and crypto critic, is set to step down from leading the agency.
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CoinMarketCap Makes First-Ever Acquisition
CoinMarketCap, a major source of prices and volumetric data on crypto markets, has revealed plans for its first-ever acquisition in a press release shared with Cointelegaph on June 26The United States-based company is acquiring electronic crypto trading fund Hashtag Capital in order to expand its efforts within its Data Accountability & Transparency Alliance (DATA), an…

3 reasons why the CFTC action against BitMEX will not crash Bitcoin price
Within the last few hours Bitcoin (BTC) price plummeted as the U.S. Commodities and Futures Trading Commission (CFTC) charged BitMEX with facilitating money laundering and operating an illegal cryptocurrency derivatives exchange. An even larger shock occurred as authorities announced the arrest of Samuel Reed, one of the co-founders of BitMEX.BitMEX has been the most dominant Bitcoin…

IDEO CoLab Ventures files with SEC for new $100M crypto fund
Early stage investment fund IDEO CoLab Ventures is looking to launch a $100 million crypto investment fund. 3254 Total views 16 Total shares IDEO, an American design and innovation consultancy firm, has filed for a new cryptocurrency fund through its blockchain-oriented venture capital subsidiary.IDEO CoLab Ventures, an early stage investment fund focused on blockchain development,…

Fireblocks records $100M+ revenue in subscriptions amid bear market
As a software-as-a-service provider, Fireblocks witnessed overwhelming interest in decentralized finance, blockchain, and Web3 technologies. 51 Total views 1 Total shares Fireblocks, a New York-based blockchain security service provider, made over $100 million in Annual Recurring Revenue (ARR) this year, confirming the rising interest in the crypto ecosystem that contradicts negative investor sentiments.ARR relates to…

White paper that birthed crypto ZK-proofs receives IEEE ‘Test of Time’ award
The paper, released in 2014, lays the foundations for blockchain privacy and scaling.

Solana price recovers from sharp sell-off, is $300 SOL possible?
Solana’s onchain and derivatives data suggest that SOL could make a run back toward its all-time high in the short term.

Ethereum price risks dropping to $2K on ‘bear flag’ setup
Ethereum's native token Ether (ETH) will extend its 30% slump this year to the lowest price level since July 2021, if a textbook technical indicator plays out.Ethereum chart paints bearish patternETH's price fell to its six-month low of $2,159 on Jan. 24, 2022, only to rebound sharply to as high as $2,724 days later. However,…

MicroStrategy stock finally takes a breather following massive BTC-inspired rally
MSTR declined by as much as 12.6% on Monday as Bitcoin pulled back sharply from $40K levels. Shares of MicroStrategy (MSTR), a business intelligence firm with considerable exposure to Bitcoin (BTC), declined sharply on Monday, as profit-taking ensued following a parabolic rally over the past month. The stock touched an intraday low of $464.51 in New…