Brenda Mary

Rhodium allegedly responsible for $26m in unpaid fees

Riot Platforms is suing Rhodium Enterprises for over $26m in unpaid mining fees. Riot also seeks permission to terminate "certain hosting agreements" with Rhodium.

ZkSync beats polygon in total value locked

As per recent data stats, Ethereum's zkSync Ecosystem has recorded a significant expansion outpacing polygon in total value locked. The ecosystem has now reached over $200 million.

Cardano introduces Hydra node for enhanced scalability

According to developer Sebastian Nagel, Cardano, one of the most widely used blockchain platforms, has achieved a significant milestone by introducing the first Hydra node compatible with the mainnet.

Ethereum dips below $1.8k, CZ optimistic on an ETH rally

Ethereum, the altcoin king, is facing a rather turbulent market session today, recording losses of over 3% within 24 hours of trading.

Former FTX compliance chief supports lawsuit against celebrity promoters

A class action lawsuit against celebrities accused of promoting the now-bankrupt FTX exchange has gained the cooperation of former FTX and FTX U.S. compliance chief Daniel Friedberg.

Circle rebalances treasury holdings amid US debt default concerns

Concerns about a possible U.S. government default have prompted Circle, a prominent stablecoin producer, to adjust its treasury holdings.

Terraform labs Do Kwon co-founder pleads not guilty to passport fraud in Montenegro

Do Kwon, co-founder of Terraform Labs, entered a not-guilty plea in a Montenegrin court on May 11. Kwon was accused of utilizing forgeries of Belgian and Costa Rican passports.

Coinbase’s PEPE description causes backlash among crypto community

Coinbase received anger from the Pepe meme currency community after calling the meme a "hate symbol" co-opted by alt-right organisations in an email to customers. Twitter is also censoring PEPE tweets.

IRS claims $44b in taxes from bankrupt FTX and its subsidiaries

The IRS filed $44 billion in claims against bankrupt cryptocurrency exchange FTX and its subsidiaries over alleged tax reporting malpractices.

Kraken creates dummy crypto account to ‘bait’ con artists

Kraken exchange has created a phony cryptocurrency to bait crypto scammers as per recent developments. This action comes at a time when crypto scams are consistently increasing.

Twitter allegedly blocking PEPE tweets

David Gokhshtein, founder of Gokhshtein Media and a prominent cryptocurrency influencer, has sent an open letter to Elon Musk, the CEO of Twitter, asking him whether or not he has been censoring tweets.

EY launches ethereum-based carbon emission tracking platform

EY, a renowned professional services organization worldwide, has introduced a new platform based on Ethereum designed to assist businesses in monitoring their carbon emissions.

Shiba Inu’s London-based exchange Swapika to adopt Shibarium

Shiba inu's London exchange Swapika has announced that it will be offering support for Shibarium. This comes as the exchange also adopted BONE, SHIB and LEASH tokens.

Coinbase’s legal officer addresses XRP’s delisting

Coinbase's chief legal officer has responded to the recent de-listing of XRP by the Firm. This comes after concerns were expressed over why Algo was retained on the exchange amid the XRP de-listing.

Araw rides on massive surge, up over 89,000% within a week

ARAW, a token running on Ethereum has recorded massive surges in a week's trading, sitting on gains of close to 90,000% despite what looked like a week characterized of a general market downtrend.

Ethereum’s total value locked hits new all-time high

The total amount of locked ETH just hit a new AT taking the total TVL to $27.7b as the gas fees also hit a one-year high amid the recent meme coin season. Ethereum is now facing resistance at $1.9k.

HKMA chief executive talks crypto regulation

Eddie Yue, Hong Kong's chief executive officer of the Hong Kong Monetary Authority (HKMA), recently gave a speech outlining the new licensing process that would apply to crypto firms in Hong Kong.

Coinbase chief counsel writes to SEC on regulation

Coinbase wrote to the U.S. Securities and Exchange Commission (SEC) to request revisions to the proposed rule requiring registered investment advisors (RIAs) to store client assets with qualified custodians.

Lemniscap reports 4.15% drop in average weighted asset price after of latest funding round

Lemniscap, an investment firm specializing in emerging crypto assets and blockchain startups, has recently experienced a 4.15% drop in its weighted average asset price.

Coinbase considers moving offshore amid US regulatory uncertainty

Brian Armstrong, Coinbase's CEO, and Nana Murugesan, vice president of international and business development Nana Murugesan, recently visited the United Arab Emirates to discuss strategic initiatives.