Industry news for Web3 professionals and blockchain careers
Bitcoin retreated to $72,000 on Wednesday, marking its lowest point of the week as markets digested hotter-than-expected US inflation data and anticipated guidance from the Federal Reserve's FOMC meet...
Evernorth Trust, a corporate treasury firm focused on XRP holdings, has filed an S-4 registration statement with the SEC for its planned merger with Ault Alliance, a special purpose acquisition compan...
Bitcoin continues to decline despite $1.1 billion in institutional inflows through exchange-traded funds, highlighting the complex macroeconomic forces currently shaping the crypto market. For profess...
SBI VC Trade, a major Japanese cryptocurrency exchange, has launched a retail lending service for USD Coin (USDC), marking another milestone in Japan's evolving regulatory approach to stablecoins. The...
A recent Democratic primary election in Illinois demonstrates how professional ties to the cryptocurrency sector can become a political vulnerability, raising questions about public perception of bloc...
A significant Ethereum investor has re-entered the market with a $111.6 million purchase of 50,706 ETH, according to on-chain data tracked this week. The transaction marks a notable return for the wha...
The Algorand Foundation has confirmed a 25% reduction in its workforce, attributing the decision to macroeconomic uncertainty and a strategic realignment of resources. The layoffs reflect ongoing mark...
Fold, the Bitcoin rewards platform, reported revenue growth in Q4 2024 after eliminating two convertible debt obligations, positioning the company to scale its product offerings and expand its workfor...
A coalition of more than 20 decentralized finance projects has formally requested that leading U.S. universities integrate DeFi education into their business and law school curricula. The industry-led...
The Securities and Exchange Commission has approved Nasdaq's proposal to offer tokenized stocks on its exchange, marking a significant step toward integrating blockchain technology with traditional fi...
Bitcoin recently fell below the $71,000 threshold, yet underlying market indicators suggest continued institutional confidence in the asset class. Spot ETF inflows and sustained corporate treasury pur...
A coalition of advocacy organizations is calling on OpenAI to withdraw its support for a California ballot measure, citing concerns that the proposed legislation would weaken legal accountability mech...
The Algorand Foundation has announced a 25% workforce reduction, becoming the latest blockchain organization to downsize amid challenging market conditions and shifting technological priorities. The n...
The Federal Reserve maintained its current interest rate policy while citing geopolitical uncertainty as a significant factor clouding economic forecasts. The decision comes as tensions in the Middle ...
The U.S. Securities and Exchange Commission has approved Nasdaq's proposal to launch a pilot program for trading tokenized equities, marking a concrete step toward integrating blockchain infrastructur...
The Algorand Foundation, the organization responsible for developing and promoting the layer-1 blockchain protocol, has cut a quarter of its workforce in response to ongoing macroeconomic challenges a...
Senator Cynthia Lummis of Wyoming has indicated that federal crypto market structure legislation is nearing passage, with negotiations now centered primarily on stablecoin yield provisions. The develo...
Kalshi co-founder and CEO Tarek Mansour has publicly contested criminal charges filed by Arizona authorities, describing them as regulatory overreach while committing to respect judicial outcomes. The...
The U.S. Securities and Exchange Commission has greenlit a Nasdaq rule change enabling certain securities to trade in tokenized form, marking a significant step in merging blockchain technology with t...
The Federal Reserve maintained its benchmark interest rate at 3.50% to 3.75% on Wednesday, marking the second consecutive FOMC meeting without a rate change. Bitcoin traded around $70,500 following th...
