Reddit Co-Founder Plans Blockchain Integration in TikTok

Alexis Ohanian, co-founder of Reddit, has joined a bidding group led by Frank McCourt, the former owner of the Los Angeles Dodgers, to acquire TikTok’s U.S. operations. Ohanian’s vision is to transform the popular app by integrating it with blockchain technology. Specifically, he plans to use the Frequency blockchain, which allows users and creators to … Read more

Crypto Whales Gobble Up $2,510,550,217 in XRP and Cardano (ADA) in Just a Day, According to Analyst

A closely followed analyst says deep-pocketed investors are heavily loading up on two large-cap altcoins as the crypto market witnesses an abrupt spike in volatility. Trader Ali Martinez tells his 129,500 followers on the social media platform X that crypto whales snapped up about $2.16 billion worth of the payments altcoin XRP in just one … Read more

U.S. Treasury Dept. sanctions 49 wallets associated with Nemesis darknet marketplace

The United States has sanctioned Behrouz Parsarad, the founder and administrator of the darknet site Nemesis. Forty-nine crypto wallets belonging to Parsarad were sanctioned as well. Nemesis itself was shut down last year. The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions on Parsrad and his wallets on allegations that Nemesis sold almost $30 … Read more

SEC Launches Crypto Roundtables Amid Policy Overhaul—Big Changes Ahead?

The SEC’s new Crypto Task Force is launching roundtables to reshape crypto regulation, starting March 21, as enforcement cases drop and pro-innovation policies take hold. SEC’s Crypto Roundtables Signal Major Policy Shift The U.S. Securities and Exchange Commission (SEC) has announced a series of roundtables to explore key aspects of crypto asset regulation, with the … Read more

Solana’s Upcoming Upgrades Spark Debate on Validator Revenue and Long-Term Network Sustainability

Solana’s upcoming protocol upgrades are set to significantly impact validator revenues, prompting debate about their potential long-term benefits. The proposed adjustments aim to balance staking rewards with inflation rates, featuring significant changes to how the network distributes revenue. According to VanEck’s Matthew Sigel, “these changes may reduce staking rewards, but we believe lowering inflation is … Read more

Coinbase Announces to List 3 Altcoins in Futures

Coinbase, the largest cryptocurrency exchange in the United States, announced that it will list PancakeSwap, Brett (Based) and ai16z altcoins in futures. PancakeSwap (CAKE) is known as a decentralized exchange operating specifically on the Binance Smart Chain (BSC) network, and CAKE is the token that allows token holders to participate in the management of this … Read more

Coinbase Files FOIA To Discover Cost Of SEC’s War On Crypto

Coinbase filed a Freedom of Information Act (FOIA) request to seek information on the Securities and Exchange Commission (SEC)’s spending on enforcement actions against crypto firms during the Biden Administration. Coinbase Seeks Details On SEC’s Crypto War Cost On Monday, Paul Grewal, Coinbase’s Chief Legal Officer (CLO), announced that the company had submitted a FOIA … Read more

Hut 8 Reports $80.7 Million in Crypto Revenue, Bitcoin Reserve Rises to 10,171 BTC

Hut 8 Corp. has reported $80.7 million in crypto-related revenue for 2024, driven by bitcoin mining and GPU-as-a-service operations. The company expanded its bitcoin reserve to 10,171 BTC and secured a $125 million partnership with Bitmain. Hut 8 Expands Bitcoin Mining and Digital Infrastructure with $125M Bitmain Deal Hut 8 Corp., a bitcoin mining and … Read more