Author: James Wilson
Gemini, the cryptocurrency exchange and custodian founded by billionaire twins Cameron and Tyler Winklevoss, has confidentially filed for an initial public offering (IPO), according to a Bloomberg report. The company is working with Goldman Sachs Group Inc. and Citigroup Inc. to explore the listing, which could take place as soon as this year. The move follows the resolution of regulatory issues, including the closure of a U.S. Securities and Exchange Commission investigation into the exchange, as noted by Cameron Winklevoss in a February post on X (formerly Twitter). Earlier this year, Gemini paid $5 million to settle a lawsuit with…
Crypto trading is changing its ways with time, we have moved from p2p transactions to telegram bots. Telegram bots have emerged as a solid option among crypto traders due to their ease of accessibility and latest features. Among these crypto trading bots, BullX vs GMGN vs DBot have emerged as some of the most popular trading bots in the market today. Each of these trading bots provides a range of functionalities, from token sniping to automated trading strategies, and each comes with its own set of advantages and drawbacks. This article will comprehensively compare GMGN, BullX, and DBot, focusing on…
Key Takeaways The court filing indicates that a San Francisco resident reported on January 30, 2024, that an unauthorized actor had transferred approximately $150 million worth of crypto from their accounts The complaint does not explicitly name LastPass but references an online password manager, stating that the victim had stored private keys in a secure note within the service Chris Larsen, co-founder of Ripple, lost 283 million XRP, worth approximately $150 million, in a sophisticated hacking incident that took place in January 2024. New information has emerged linking the breach to compromised private keys stored in LastPass, a password manager…
Shiba Inu price has been in a strong downward momentum after peaking at $0.0000329 in December last year. Shiba Inu (SHIB) has dropped by 61% and crashed to its lowest level since September 5, 2024. This crash has coincided with the overall weakness in the crypto industry, especially meme coins. Most meme coins, including the likes of Dogecoin (DOGE), Pepe (PEPE), and Floki (FLOKI) have fallen by double digits. Shiba Inu price has three potential catalysts that may push it higher in the coming days. First, its burn rate has jumped in the past few days. The daily burn rate…
The NFT market has bounced back despite ongoing crypto weakness, with Bitcoin sliding to $86,000 and Ethereum dropping to $2,100. The global crypto market has continued its drop, with total market cap edging down to $2.83 trillion from last week’s $2.84 trillion. According to CryptoSlam data, NFT sales volume has grown to $121.5 million, marking a 15.27% increase from the previous week. However, market participation has contracted sharply, suggesting larger trades from fewer participants. The weekly metrics reveal contrasting trends: NFT sales volume rose to $121.5 million from $107.1 million NFT buyers plummeted 94.39% to 25,641 NFT sellers fell 91.84%…
Key Takeaways In her letter, Warren questioned Sacks’ involvement in crypto investments, particularly his links to Bitwise Asset Management, and asked him to provide a detailed timeline of his divestments. Warren argued that the reserve is “the most recent example of a Trump Administration crypto policy with the potential to benefit a wealthy, well-connected few at the expense of taxpayers.” U.S. Senator Elizabeth Warren (D-Mass.), ranking member of the Senate Banking, Housing, and Urban Affairs Committee, has called on David Sacks, President Donald Trump’s Special Advisor for AI and Crypto, to disclose financial details and clarify how he is handling…
As the flag waves for the 2025 Formula 1 season in Melbourne, Australia, viewers may notice that nearly every team on the grid now sports a crypto sponsor, highlighting how deeply digital assets have embedded themselves into the sport’s fast-paced world. With major exchanges backing top teams, the F1 paddock has become a showcase for the crypto’s biggest names. Podium finish or a pit lane disaster? Crypto.com, one of the biggest crypto exchanges, is one of the eleven global partners of Formula One Group. It is in an exclusive group that includes other global companies like Qatar Airways, DHL, Salesforce,…
Key Takeaways The executive order introduced a national Bitcoin reserve but did not include direct government purchases of Bitcoin Some industry participants saw the reserve as a step toward mainstream institutional adoption of Bitcoin, while others criticized its limited scope Bitcoin exchange-traded funds (ETFs) recorded significant outflows of nearly $370 million on March 7 as investors reacted to former U.S. President Donald Trump’s executive order establishing a strategic Bitcoin reserve. According to data from Farside Investors, institutional investors appeared uncertain about Bitcoin’s future trajectory after the announcement, leading to the sharp withdrawal of funds from Bitcoin ETFs. The executive order,…
The first week of March kicked off with Flowdesk raising $52 million in a Series B round led by BlackRock, the world’s largest asset manager. The week’s total funding reached over $230 million, with education, infrastructure, and DePIN solutions bringing in capital from both traditional and crypto-native investors. Below are the major funding events that occurred in the last seven days, per Crypto Fundraising data. Flowdesk, $52 million Raised $52 million in Series B funding Backed by BlackRock, HV Capital, and Eurazeo Flowdesk has raised $132 million so far Flowdesk announces a $52M extension to the Series B funding round,…
Solana price has crashed to a crucial support level and is at risk of further declines after forming a death cross pattern. Solana (SOL), one of the top cryptocurrencies, has plunged to $138, down by 53% from its highest level this year. This crash has coincided with the ongoing woes in its ecosystem as most meme coins have plunged. CoinGecko data shows that the market cap of all Solana meme coins has crashed from over $25 billion in January to $7.6 billion. Official Trump (TRUMP), the biggest Solana meme coin, has dropped by 10% in the last seven days, giving…