-
Meme Coin Frenzy Peaks in US and India, According to Study
The meme coin craze has reached new heights, with the US and India leading the pack, according to a recent study. These digital currencies, often based on popular internet memes and characterized by their playful themes, have captured the attention... -
French Senate Moves Forward with Bill Allowing Social Media Influencers to Endorse Cryptocurrency
The French Senate has taken a significant step by advancing a bill that would authorize social media influencers to endorse cryptocurrency. This progressive move comes as digital currencies continue to gain mainstream acceptance and demonstrates France's willingness to adapt to... -
Coinbase Executives Slammed With Lawsuit Over Insider Trading Violations to Avert Colossal Loss Worth $1 Billion
Nine Coinbase executives and board members are facing a lawsuit from a stockholder over the alleged use of inside information to dump the company's shares and avoid a $1 billion loss just before the crypto exchange stocks went public. The... -
Sotheby’s Metaverse Unveils On-Chain Secondary NFT Marketplace
Renowned Art Auction brand Sotheby's has announced that it now supports a curated peer-to-peer (P2P) marketplace for the sale of secondary non-fungible tokens (NFTs) via the Ethereum and Polygon network. Sotheby's Foray Into the Web3 Space Sotheby's is arguably the... -
What’s Wall Street Expecting from Ford’s Q1 2023 Earnings
Ford (NYSE: F) would release its earnings for the first quarter of 2023 tomorrow after the close of US markets. Here’s what Wall Street is expecting from Ford’s earnings report. Notably, this would be the first quarter when Ford would... -
Circle’s USD Coin Eligibility for Federal Reserve’s Money Market Under Threat
New restrictions implemented by the New York Fed may render Circle, the company behind USD Coin, ineligible for access to the Federal Reserve's money market. The new rules aim to clarify who is eligible to participate in the Fed's reverse... -
Kraken Fights IRS Request for User Data; Seeks Federal Court Intervention
Cryptocurrency exchange Kraken is challenging the Internal Revenue Service's (IRS) requests for user data, considering them an unnecessary intrusion. Kraken argues that the IRS's demands are an "unwarranted search for hidden treasures" and that the government may be attempting to... -
Robinhood Introduces Web3-Powered Crypto-to-Fiat Support for DApps & Self-Custody Wallets
Robinhood trading platform has unveiled the "Connect" in-app feature to simplify all crypto-to-fiat transactions for decentralized applications (dApps) and self-custodial wallets. Simplifying Access to Web3 Robinhood, a world-revered stocks and crypto exchange platform, has rolled out a Web3 support feature... -
Hong Kong Regulators to Release Guidelines for Crypto Exchange Licenses in May
Hong Kong's long-awaited crypto licensing system is set to go live in May. According to the new regulations, retail investors can trade well-known cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) from June 1. A Much-Anticipated Proposal for Crypto Enthusiasts... -
Cathie Wood Jumps to Buy Tesla Stock Amid the Crash
Tesla stock has been falling ever since it released its Q1 2023 earnings. It plunged over 4% yesterday after a Jefferies downgrade but Cathie Wood of ARK Invest invested $29 million into the shares yesterday. While Tesla posted better-than-expected earnings...