Spot Bitcoin ETFs saw $1.2 billion pulled out over eight days, even though they grew in 2024. The 12 U.S. spot Bitcoin ETFs together lost this amount between August 30 and September 6. This marked the longest period of withdrawals since these spot Bitcoin ETFs were …
Changpeng Zhao Banned From Administrative Roles at Binance, Keeps 90% Stake Control
Changpeng Zhao, who started Binance, is no longer allowed to run the company. This was confirmed by the current CEO, Richard Teng. The ban happened after Changpeng Zhao admitted to helping with money laundering and breaking U.S. laws. Because of this, the U.S. Department of …
Ethereum, the second-biggest cryptocurrency, has not met investors’ expectations this year, especially when compared to Bitcoin. Over the past six months, Ethereum’s price has dropped around 35%. This downward trend has continued even after spot Ether exchange-traded funds (ETFs) started in the U.S. in July. In …
Ripple has announced its plan to add smart contracts to the XRP Ledger (XRPL). This is an important update because, even though XRPL is one of the older blockchain networks, it does not currently have smart contract features. Adding smart contracts could help XRPL keep up …
The Shiba Inu community recently saw an unexpected burning of a large amount of SHIB tokens by a Shiba Inu wallet. According to Shibburn, a tracker run by the community, about 1,881,669,401 SHIB tokens, valued at around $35,643, were burned on September 26th at 22:42 …
Elon Musk, the head of Tesla, won a lawsuit where he was accused of unfairly changing the price of Dogecoin (DOGE). The case, which sought $258 billion in damages, was dismissed on August 29 by U.S. District Judge Alvin Hellerstein in New York. The lawsuit, filed …
Breaking : Pavel Durov, The Founder and CEO of Telegram, Released But Not Allowed To Leave France
After going to court, he was placed under judicial supervision, which has drawn a lot of attention. French prosecutors charged Pavel Durov because of his role as Telegram CEO. See Also: Arrest of Telegram CEO Wasn’t Political Says President Macron Release Conditions For Pavel Durov …
The TON blockchain, backed by Telegram, had a big problem on August 28th when it stopped making new blocks for nearly seven hours. This happened because there was too much activity on the network due to the launch of a new memecoin called DOGS. The …
French President Emmanuel Macron clarified that the arrest of Telegram CEO Pavel Durov was not a political decision but part of a legal investigation. Macron posted online, saying that France values freedom of speech, communication, and business. He stressed that in a country where laws …
The Shiba Inu team, responsible for the 13th largest cryptocurrency, is getting ready to launch a decentralized group known as a DAO. On August 25, Lucie, who handles marketing for the Shiba Inu team, shared on social media that this new DAO will let people who …