Crypto Candidates receive $102M support from Fairshake PAC and affiliates
A political action committee (PAC) supporting candidates for federal office in the 2024 United States elections has reportedly raised more than $100 million. The Fairshake...
Jack Dorsey’s Block Raises $1.5B in Senior Notes Offering
Fintech company Block, formerly known as Square, has announced its plan to issue $1.5 billion in senior notes through a private placement specifically for institutional...
Bitcoin-backed Synthetic Dollar Launches with 25% Yield
Hermetica Labs has made an exciting announcement in the world of decentralized finance (DeFi). They are launching the first-ever Bitcoin-backed synthetic United States dollar with...
FTX Transfers $8.3M Prior to Proposal Deadline
Two wallets connected to the bankrupt FTX exchange and its sister company Alameda Research have transferred a combined total of $8.3 million worth of cryptocurrency....
China’s Curiosity on Bitcoin ETFs Sparks Investor’s Reply
The recent launch of Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) in Hong Kong has provided new opportunities for Asian traders. While the initial...
Bitcoin Mining Revenue at Yearly Low After Halving
The earnings from Bitcoin mining experienced a significant drop in May due to the effects of the fourth Bitcoin halving event. The purpose of this...
South Korea’s Updated Donation Laws Don’t Include Crypto
The newly amended donation legislation in South Korea has excluded digital currencies, which could have a negative impact on the country's charities and donation drives....
Stablecoin Volume Surpassing Visa?
According to research firm Sacra, stablecoins could surpass the total payment volume of Visa this quarter. This claim was made in a blog post by...