US and SEC back crypto sales suit against Nvidia in Supreme Court
The DOJ and the SEC say they have “strong interest” in the case and argue that the class-action suit should proceed.
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Bitcoin DeFi TVL up 2,000% amid bumper 2024 for BTC price, adoption
The 22-fold increase was attributed to Bitcoin staking developments, the launch of spot Bitcoin ETFs in the US and BTC’s soaring prices during 2024.

Galaxy Digital Fund Leads Funding Round for Blockchain-Based Game Platform
A fund of cryptocurrency investment bank Galaxy Digital led a $1.8 million seed funding round for Azure’s blockchain-based gaming rewards platform, VentureBeat reports on June 5.Smart Challenge, Azure’s gaming rewards platform, reportedly allows users to create and compete in challenges on the EOSIO blockchain protocol. By using blockchain technology, the challenges are said to be verifiably…

DeFi sparks new investments despite turbulent market: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The prolonged crypto winter aided by the collapse of FTX has kept investors from backing a new protocol that merges DeFi and the foreign exchange market. A new Cosmos blockchain-based…

Nigeria’s 3MTT program draws 1M+ applicants, introduces AI course
Nigeria’s Minister of Communications, Innovation and Digital Economy, Bosun Tijani, said the 3 Million Technical Talent (3MTT) program’s over one million applicants will undergo an introductory artificial intelligence (AI) course.The minister shared this information on X (formerly Twitter) on Wednesday, adding that all applicants are being onboarded onto the platform before selecting the initial cohort

Poloniex Enters Controversial IEO Space With Tron-Only Platform
Poloniex revealed its forthcoming Tron (TRX)-powered initial exchange offering (IEO) platform on April 5.Projects seeking to conduct their offerings on Poloniex’s LaunchBase platform face the stipulation of issuing tokens in exchange for TRX, and will be considered on a “first-come, first-serve” basis.Poloniex announces Tron-powered IEO platformPoloniex asserts that LaunchBase is intended “to help quality blockchain…

Klaytn Blockchain Ahead of Facebook’s Libra Network, Says Kakao CEO
Yeo Min-soo, the CEO of South Korean internet giant Kakao, said that his firm’s Klaytn blockchain is similar to Facebook’s Libra except it is way ahead in its development.According to the Korea Herald on Nov. 28, Min-soo lauded Klatyn’s development during the first Klaytn Governance Council Summit held in Seoul:“Facebook’s Libra launched last month with…

Cryptocurrencies are the “new frontier” says financial researcher
Optimism around the long-term adoption of digital assets remains high despite quantitate volatility in recent weeks. 354 Total views 20 Total shares In an exclusive television interview with Fox Business on Wednesday, JMP Securities director of financial technology research, Devin Ryan spoke candidly on a range of topics within the cryptocurrency industry. This included the…

Helium (HNT), Avalanche (AVAX) and Pickle rally on partnership announcements
Bitcoin (BTC) price continues to defy gravity and its strong bullish breakouts frequently result in short sellers needing to cover their positions in a hurry. A repeat of this happened on Feb. 9 when Bitcoin soared on the news of Tesla’s $1.5 billion Bitcoin purchase. Bybt data shows that about $1.34 billion worth of Bitcoin…