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SEC Initiates Consultations on Rule Change for Bitcoin Trading Options
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SEC Initiates Consultations on Rule Change for Bitcoin Trading Options

The United States Securities and Exchange Commission (SEC) has initiated consultations on a proposed rule change for the trading of options on Bitcoin exchange-traded funds (ETFs). The SEC is seeking…
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Movement Labs Raises $38M For Rollup Based on Facebook’s Move Language
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Movement Labs Raises $38M For Rollup Based on Facebook’s Move Language

Movement's funding round saw participation from venture capital firms including Hack VC, Placeholder, Archetype, Maven 11, Robot Ventures, Figment Capital, Nomad Capital, Bankless Ventures, OKX Ventures, dao5, and Aptos Labs…
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Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report
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Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report

The disappointing inflation data report spooked investors, with hopes for interest rate cuts this year dimming further, hitting risk assets across all markets. Major U.S. stock indexes such as the…
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Binance Integrates USD Coin (USDC) on CELO Network
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Binance Integrates USD Coin (USDC) on CELO Network

Binance, known for its continuous efforts to expand its offerings and improve user experience, has announced the completion of the integration of USD Coin (USDC) on the CELO network. This…
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NVIDIA Acquires GPU Orchestration Software Provider Run:ai for $700 Million
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NVIDIA Acquires GPU Orchestration Software Provider Run:ai for $700 Million

In a move to bolster its AI workload management capabilities, NVIDIA has entered into a definitive agreement to acquire Run:ai, a prominent provider of Kubernetes-based workload management and orchestration software.…
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Jack Dorsey’s Block Is Building a Bitcoin Mining System
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Jack Dorsey’s Block Is Building a Bitcoin Mining System

Although chip efficiency has rapidly improved in recent years as demand for bitcoin has picked up, the latest halving event on April 20, which cut the issuance of new bitcoin…
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Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
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Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App

The tool, called Bitcoin Conversions, will set eligible Square users up with a dedicated Cash App account programmed to receive 1% to 10% of their store’s revenues, which will then…
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Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety
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Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety

The potential return of over $9 billion worth of Mt. Gox-era Bitcoin in the coming weeks could unsettle the market and exert negative price pressure on Bitcoin, according to analysts…
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Worldcoin Announces Circulating Supply Update and Sales to Trading Firms
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Worldcoin Announces Circulating Supply Update and Sales to Trading Firms

In a recent announcement on the Worldcoin blog, it has been revealed that World Assets Ltd., a subsidiary of the Worldcoin Foundation, plans to sell WLD tokens from the World…
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SEC Seeks $5.3B Judgment Against Terraform Labs and Do Kwon
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SEC Seeks $5.3B Judgment Against Terraform Labs and Do Kwon

The United States Securities and Exchange Commission (SEC) has initiated legal proceedings against Terraform Labs and its co-founder, Do Kwon, by submitting a demand for the company to pay civil…
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