News

South Korea’s Personal Information Protection Commission (PIPC) has imposed a fine of 1.1 billion Korean won ($830,000) on Worldcoin and its development firm, Tools For Humanity, for alleged violations in collecting and transferring personal data. The PIPC accused Worldcoin of failing to adequately inform users about the purpose of collecting their iris data and the … Read more

In a significant development, cryptocurrency exchange Bybit has announced its exit from the French market due to regulatory pressures from the Autorité des Marchés Financiers (AMF). This decision has created uncertainty in the bitcoin trading landscape in France, prompting traders and investors to seek alternative platforms. Bybit’s Regulatory Challenges Bybit’s departure follows a series of … Read more

In a strategic move to bolster its European operations, leading US-based cryptocurrency exchange Kraken has officially acquired the Dutch crypto broker Coin Meester B.V. (BCM). This acquisition aims to significantly enhance Kraken’s footprint in the Netherlands and other key European markets. In a recent press release, Kraken highlighted that the addition of BCM, recognized as … Read more

EigenLayer is set to lift transfer restrictions on its EIGEN token on September 30, allowing stakeholders to trade and transfer their holdings, including airdropped rewards. However, users holding staked tokens will need to adhere to a 7-day withdrawal period to unstake their EIGEN tokens. This change follows the distribution of 86 million EIGEN tokens during … Read more

The Celestia Foundation has successfully raised $100 million in a funding round led by Bain Capital Crypto, increasing its total funding to $155 million. Launched in October 2023, the Celestia Mainnet Beta introduces a groundbreaking modular consensus and data network, allowing developers to create high-throughput applications without the constraints of traditional blockchains. This innovative platform … Read more

Riding the wave of heightened interest in U.S. election betting, crypto-based prediction market platform Polymarket is on the hunt for $50 million in fresh funding, as reported by tech news outlet The Information. The New York-based startup is also exploring the possibility of issuing its own token, a move that could further solidify its position … Read more

In a surprising turn of events, the cryptocurrency “Cat In A Dog’s World” has seen impressive double-digit gains, standing out in a market dominated by canine-themed coins like Dogecoin and Shiba Inu, which are currently facing losses. This performance highlights a shift in investor sentiment, as the appeal of feline-themed assets begins to capture attention … Read more

On September 23, 2024, Riot Platforms announced a settlement agreement with Bitfarms Ltd., effectively concluding Riot’s unsolicited bid to acquire the company. This agreement marks a significant turn in their negotiations, allowing both firms to refocus on their strategic objectives. Withdrawal of Hostile Takeover Efforts As part of the settlement, Riot has withdrawn its requisition … Read more

Core Scientific (CORZ), a prominent player in the cryptocurrency mining sector, is set to make significant strides in the artificial intelligence (AI) hosting market, according to a recent report from broker Canaccord. The firm initiated coverage of the company with a “buy” rating and a price target of $16, indicating a bullish outlook for its … Read more

In an exciting development for both the gaming and cryptocurrency industries, Iggy Azalea is set to launch her online casino platform, Motherland, in November 2024. This innovative venture will utilize her special digital currency, the MOTHER token, to offer a diverse array of games and betting options. Azalea’s unique approach highlights that the MOTHER token … Read more