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Pantera Capital, a leading blockchain investment firm, has announced its investment in TON (Telegram Open Network), a Layer 1 network originally conceived by Telegram and further developed by the open-source community. This investment underscores Pantera’s confidence in TON’s potential to revolutionize cryptocurrency adoption on a massive scale. In its official announcement, Pantera Capital emphasized TON’s […]

Securitize, a leading digital securities platform, has secured $47 million in strategic funding led by investment giant BlackRock. Other investors in the funding round include blockchain developers Aptos Labs Paxos and stablecoin issuer Circle. Securitize said in a statement that the proceeds from the funding round will be used for product development, global expansion, and […]

United States-based spot Bitcoin (BTC) exchange-traded funds (ETF) recorded $563.7 million in total net outflows on March 1 — the largest since the funds began trading on January 11 — according to data from Farside Investors. These outflows coincide with a 10.32% BTC price decrease over the past week. Fidelity’s Wise Origin Bitcoin Fund (FBTC) […]

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House Financial Services Committee Chair Patrick McHenry criticized United States Securities and Exchange Commission (SEC) Chair Gary Gensler on April 30, alleging that Gensler misled Congress about the classification of Ethereum (ETH) during his testimony to the Financial Services Committee last April. McHenry’s allegation comes just a day after unredacted court documents filed by Consensys […]

A federal grand jury has indicted Roger Ver, an early investor in Bitcoin known as the “Bitcoin Jesus,” on charges of mail fraud and tax evasion. Ver was arrested this weekend in Spain based on these charges, and the United States is seeking his extradition to stand trial. The indictment alleges that Ver, a former […]

Changpeng “CZ” Zhao, the founder and former CEO of crypto exchange Binance, was sentenced to four months in jail on April 30 in Seattle after pleading guilty to anti-money laundering violations. With buzz-cut hair and a navy blue suit, Zhao learned his fate in court, accompanied by his son, nephew, mother, and sister. Last year, […]

Bitcoin (BTC) has recently seen a significant price drop, leading to concerns among those who anticipated a surge following its halving event. Since the fourth BTC halving, which occurred on April 20 at 12:09 AM UTC, BTC has fallen by 11%. The price is currently 22% down from its March 14 all-time high of $73,737. […]

Hong Kong’s new spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded over HK$87.58 million ($11.2 million) in trading volume on their first trading day. In contrast, the United States spot BTC ETFs recorded a staggering $4.6 billion in trading volumes on the very first day. On April 30, Hong Kong Exchanges and Clearing […]