Industry news for Web3 professionals and blockchain careers
The former CEO of cryptocurrency project SafeMoon has been sentenced to eight years in federal prison for defrauding investors of approximately $9 million, marking another high-profile prosecution in ...
Citadel Securities, one of the world's largest market makers, has joined forces with cross-chain protocol LayerZero to develop new blockchain infrastructure targeting institutional market participants...
Robinhood has launched a public testnet for its proprietary blockchain network, built on Arbitrum's technology stack. The testnet phase will allow developers and users to experiment with the platform ...
Bitcoin's recent 14% rally and brief climb above $72,000 has sparked debate about whether the asset has established a firm bottom at $60,000. However, institutional and professional traders remain not...
Ethereum continues to face selling pressure as technical analysis indicates a critical demand zone below the $2,000 price level, according to recent market structure assessments comparing current cond...
Robinhood's crypto division reported a significant revenue decline in Q4 2024, highlighting the challenges facing consumer-facing crypto platforms amid shifting market conditions. The company's crypto...
Canaan Inc., one of the world's major Bitcoin mining hardware manufacturers, saw its stock price decline 7% on Tuesday despite reporting its strongest quarterly performance in three years. The drop pu...
Kris Marszalek, founder and CEO of Crypto.com, debuted his latest venture, AI.com, during Super Bowl advertising on Sunday. The launch follows his reported $70 million acquisition of the premium domai...
Billionaire investor Ray Dalio warned this week that central bank digital currencies (CBDCs) will likely emerge but may struggle to achieve widespread adoption as users balance digital convenience aga...
A $188 million asset-backed securities deal structured around bitcoin-collateralized loans has faced significant strain following bitcoin's 27% decline since mid-January, highlighting both the opportu...
Goldman Sachs has disclosed approximately $2.36 billion in total cryptocurrency exposure, with Bitcoin ETF holdings accounting for $1.1 billion of that position, according to recent SEC filings. The d...
A new massively multiplayer online game called SpaceMolt has launched exclusively for AI agents, creating a virtual economy where autonomous programs mine resources, form alliances, and compete withou...
Robinhood reported $1.28 billion in fourth-quarter revenue, falling short of Wall Street projections as cryptocurrency market weakness weighed on the trading platform's performance. The miss highlight...
The Bank of England has initiated a six-month pilot program to evaluate how distributed ledger technology could support settlement infrastructure in UK financial markets. The "Synchronisation Lab" bri...
Bitcoin continues to consolidate below the $70,000 threshold as traders and investors monitor broader economic signals, with Wednesday's U.S. employment report taking center stage. The leading cryptoc...
State Street has issued a warning that aggressive Federal Reserve rate cuts could push the U.S. dollar to multi-year lows, potentially triggering a significant capital rotation toward Bitcoin and othe...
The former CEO of SafeMoon, Braden Karony, received a 100-month prison sentence for orchestrating a cryptocurrency fraud scheme that defrauded investors of millions of dollars. The sentencing marks an...
Ledger has integrated OKX DEX into its Wallet application, enabling users to execute multichain token swaps while maintaining hardware-based custody. The partnership expands decentralized finance acce...
Bitcoin's recent decline to $60,000 has triggered multiple long-term valuation models that historically indicate undervalued entry points. For blockchain professionals monitoring market conditions as ...
MicroStrategy Executive Chairman Michael Saylor projects that bitcoin will significantly outperform traditional equities over the long term, while institutional players continue to expand their crypto...
