Crypto news

Japanese multinational conglomerate corporation Sony is gearing up to launch its cryptocurrency exchange. The company intends to make this possible by restarting another crypto trading platform acquired in August 2023. According to a press release, Amber Japan, the parent company of the Japanese crypto exchange WhaleFin, acquired by Sony last year, has changed its name to S.BLOX. The technology giant is preparing to kickstart its digital asset trading services soon. Sony to...

The US Securities and Exchanges Commission (SEC) has brought a lawsuit against Consensys, the parent company of MetaMask, for providing staking and brokerage services around unregistered securities contracts. This suit was filed on 28 June, stating, “Consensys violated the federal securities laws by failing to register as a broker and failing to register the offer and sale of certain securities, thereby depriving investors of crucial protections that those laws afford.” It also mentions how...

According to data from Coingecko, the Ethereum Name Service (ENS) native token has experienced significant price surges in recent days, gaining over 20% in value within the last 24 hours. These gains are driven by increasing excitement surrounding the upcoming ENSv2 upgrade, which aims to enhance the efficiency and scalability of the naming service. ENS Token Gains Massively ENS, the native token of the Ethereum Naming Service, has experienced significant price surges,...

The Securities and Exchange Commission (SEC) can no longer rely on in-house judges to settle suits, ruled the US Supreme Court last week. Going forward, the SEC must take all its cases to federal court and fight them through trials with neutral juries and judges present while enforcing securities laws and penalizing perpetrators. As per the Supreme Court verdict, in-house tribunals violate the Seventh Amendment, which offers the constitutional right to a jury trial, thereby giving the SEC...

A Bitcoin whale deposited around $61 million worth of bitcoins to their Coinbase Pro account on Friday for liquidation, according to Arkham Intelligence. The wallet 12EMDoUhaNCuWZeeT6ey61AkjKyzmjV2m3 moved close to 1,000 bitcoins that laid dormant for six years. A Bitcoin whale represents a wallet that holds no less than 1,000 bitcoins. Over the past few weeks, whales have liquidated large amounts of bitcoin to realize profits as the asset’s price has risen tremendously. On Thursday, a...

The ever-evolving meme coin sector has been a highly interesting niche for investors and traders in the past several months. It is full of assets based on recent trends, with many witnessing substantial price increases in a short period of time. In the following lines we will touch upon some of the most popular ones and evaluate their chances for further progress throughout the ongoing month. Shiba Inu (SHIB) The second-biggest meme coin by market capitalization is quite...

The German government has moved another stash of its seized Bitcoin to some of the world’s top crypto exchanges, stirring new fears of a possible liquidation of its Bitcoin reserves. Despite the latest transfers, it currently possesses Bitcoins worth around $2.82 billion. Germany’s Bitcoin Transfers Continues According to an update by Lookonchain, the German government has made a significant Bitcoin transaction, moving 1,500 BTC on July 1st. The latest stash is worth a...

[PRESS RELEASE – Road Town, Tortola, British Virgin Islands, July 1st, 2024] GoMining, a premier Bitcoin mining company operating nine data centers worldwide, has announced the next step of their integration with The Open Network (TON). The utility token of the GoMining ecosystem, GOMINING, is now available on the TON blockchain. According to the company’s statement, 20,000,000 ERC-20 GOMINING tokens have been burned to issue an equal amount of GOMINING jettons (a digital...

[PRESS RELEASE – Dubai, United Arab Emirates, July 1st, 2024] Bybit, the world’s second-largest web3 platform by trading volume, today announced its premier sponsorship of the IVC Official Opening Party on July 4th. IVC will deliver the most thrilling theme park experience with an array of exhilarating attractions that includes the iconic Evangelion Kyoto base at the only Jidiageki theme park in Japan. IVC (Infinity Ventures Crypto) is a Web3 venture capital firm that invests...

[PRESS RELEASE – Singapore, Singapore, July 1st, 2024] The PLYR Gaming Blockchain mainnet is set to launch as an Avalanche Subnet today on July 1st, 2024. This significant milestone marks the beginning of a new era in crypto gaming, aimed at creating a seamless and interconnected gaming universe that spans multiple blockchains. What is PLYR Gaming Blockchain? PLYR Gaming Blockchain is an advanced platform designed to revolutionize the gaming experience by leveraging...