Tag: Cryptocurrency
“Hawk Tuah Girl” After the HAWK memecoin lawsuit, Haliey Welch reacts for the first time in weeks
Hawk Tuah Girl, a 22-year-old internet celebrity, commented on social media for the first time in almost two weeks after her team was sued for allegedly breaking federal securities laws…
Mo Shaikh, a co-founder of Aptos Labs, resigns as CEO
Mo Shaikh, the CEO and co-founder of Aptos Labs, has left the role to embark on a new journey. To guide the company into its next phase of growth, co-founder…
The HAWK memecoin team, associated with “Hawk Tuah Girl,” was sued for allegedly breaking securities laws
Investors have sued the group that created the memecoin HAWK, which is associated with Haliey Welch or “Hawk Tuah Girl,” for allegedly breaking securities laws. HAWK allegedly acted as an…
According to sources, Craig Wright, who claims to be Satoshi Nakamoto, was given a one-year prison sentence
According to reports, Craig Wright, who has claimed to be the anonymous founder of Bitcoin, was found guilty of contempt of court and given a two-year prison sentence. Several news…
Trump-supported World Liberty Financial and Ethena want to work together beginning with the deployment of sUSDe
President-elect Donald Trump’s nascent DeFi initiative, World Liberty Financial, is continuing to gain traction with established cryptocurrency companies, this time through a partnership with Ethena Labs. On Wednesday, the two…
Fraction, a crypto-AI startup $6 million in pre-seed finance is raised by AI
Spartan Group and Symbolic Capital co-led a $6 million pre-seed investment round for Fraction AI, a crypto-AI firm that aims to decentralize data labeling. Fraction AI announced on Wednesday that…
A federal judge rejects BiT Global, which is connected to Justin Sun,’s request for a temporary restraining order, ruling that Coinbase can delist wBTC
On the first trial date of the action filed by BiT Global, a company associated to Justin Sun, against Coinbase, a California judge has decided that Coinbase can delist wrapped…
To extend restaking outside Ethereum, Wormhole, EigenLayer, and NEAR-focused Nuffle Labs collaborate
Wormhole is collaborating with Nuffle Labs, creators of restaking protocols, to find a way to extend EigenLayer’s restaking capabilities outside of the Ethereum ecosystem. The action marks a significant advancement…
Coinbase addresses the complaint filed by BiT Global, which is tied to Justin Sun, regarding the delisting of wBTC
BiT Global, which is linked with Justin Sun, filed a lawsuit seeking an emergency injunction to retain wBTC, the first and largest tokenized bitcoin product, on the biggest cryptocurrency exchange…
The Monad Foundation was established to encourage the use of Layer 1, which is compatible with Ethereum
The establishment of the Monad Foundation, a separate entity dedicated to advancing and developing the Monad blockchain, was announced by Monad Labs on Monday. As Monad approaches a possible mainnet…
Since the token introduction, Hyperliquid has had net inflows of nearly $1 billion USDC
According to blockchain analytics company Spot On Chain, since the introduction of its native token, Hype, Hyperliquid, the decentralized perpetual trading platform and Layer 1 blockchain, has seen over $1…
Funding Roundup: COSIMO Digital raises $25 million
The digital asset firm COSIMO Ventures rebranded itself as COSIMO digital earlier this week and announced a $12 million strategic financing round. Des Mac Intyre, a former Bridgewater executive, is…
Sun-connected Justin Coinbase is being sued by BiT Global for delisting wBTC and introducing a rival
The cryptocurrency exchange giant Coinbase, which last month chose to delist the asset and introduce a rival offering, is being sued by Justin Sun’s BiT Global, a company that recently…
Uplink debuts as Layer 1 blockchain Avalanche’s first DePIN
On the Layer 1 blockchain Avalanche, the decentralized physical infrastructure network (DePIN) platform Uplink has gone live. Uplink, a decentralized physical infrastructure network (DePIN) platform, is the first DePIN project…
With its most recent acquisition, Step Finance hopes to introduce tokenized stocks, such as Nvidia and Tesla, to Solana
Early-stage business Moose Capital, which specializes in tokenizing conventional equities with the goal of enabling consumers to purchase and sell shares of firms like Nvidia and Tesla directly on the…
BlackRock and Fidelity ETFs purchased $500 million worth of Ethereum in the past two days: Arkham
According to the cryptocurrency data tracking platform Arkham, exchange-traded funds owned by banking behemoths BlackRock and Fidelity bought $500 million worth of ether over the last two days. According to…
Launch of Balancer V3 with Aave Collaboration for Enhanced Pools
Protocol for decentralized exchange Balancer has released its V3 update, which aims to increase trading volume, boost liquidity, and offer additional developer tools. By merging its permissionless automated market maker…
In the most recent shuffle, Interchain Foundation buys Skip to put Cosmos Hub back at the center of the ecosystem
One of the biggest changes the Cosmos ecology has ever seen is currently taking place. In an effort to concentrate product development and unify the Cosmos ecosystem, the Interchain Foundation,…
Movement Network launches a mainnet beta and native token
The token creation event for the native token and the project’s mainnet beta were announced by Movement developers. The initial stage of Movement’s infrastructure is launched by the mainnet beta,…
Because of a lack of management standards, the FSOC warns that stablecoins pose stability risks
Due to insufficient risk management guidelines, the US Financial Services Oversight Council (FSOC) has expressed concern about the possible dangers that stablecoins may bring. The FSOC stated in its annual…