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Crypto News
Saudi Arabia Expands AI With Tech Giants for $14.9b
Saudi Arabia has pledged $14.9 billion to artificial intelligence via collaborations with major technology companies such as Google, Lenovo, and Alibaba. The country is working toward…
Tradfi Will Stay Away Till Defi Is Controlled
Traditional finance is careful about Decentralized finance, but there are chances to work together.
Summary
Traditional finance institutions are increasingly interested in crypto and its…
Crypto VC Considers Whether the Market Is “Near the Bottom”
Felix Hartmann, a crypto venture capitalist, is of the opinion that the altcoin market's reversion to "long-term trendlines," along with consistently negative financing rates, may indicate a…
US Judge Rejects Labor Department Request to Ban Elon Musk’s DOGE
A Washington, D.C., federal court allowed Elon Musk's Department of Government Efficiency (D.O.G.E) to access US Department of Labor data. The AFL-CIO sued Elon on Saturday, prompting the…
Polish Central Bank Rejects to Add Bitcoin to Reserves for Security Reasons
Poland is adopting an alternative approach to the integration of Bitcoin into its national reserves, as countries such as the United States, Germany, and the Czech Republic investigate the…
Elon Musk Prepared to Put Treasury on Blockchain Despite Obstacles
Musk has expressed worry about fraudulent government payments without providing any proof and thinks that blockchain may be a solution.
Summary
Elon Musk, the wealthiest person globally,…
SEC Grants Grayscale Solana ETF Application in ‘Notable’ Move
It is another development that demonstrates a shift in the US Securities and Exchange Commission's stance toward cryptocurrency.
Summary
The US Securities and Exchange Commission (SEC) has…
Franklin Templeton Is in the Process of Obtaining SEC Approval for a Crypto Index ETF
The Franklin Crypto Index ETF aims to offer exposure to the spot prices of Bitcoin and Ether, following a comparable filing by Bitwise just a few weeks ago.
Summary
Franklin Templeton is…
Tornado Cash Dev Receives Dutch Court Release Amid Appeal
Pertsev is working on his appeal after a Dutch court convicted him of money laundering in May 2024, resulting in a sentence of five years and four months.
Summary
Alexey Pertsev, the…
French Hill Describes US Plans to Take Over Crypto Enforcement
Hill criticized the stringent regulatory approach of former SEC Chair Gary Gensler for driving crypto firms abroad, emphasizing the necessity of clear, innovation-friendly US regulations to…