Bitmax is staking its corporate Bitcoin using Babylon’s protocol without offering the service to retail users. Babylon enables self-custodial Bitcoin staking across 70+ PoS networks without wrapping or bridging. Bitmax, a crypto exchange giant listed on KOSDAQ with the code 377030, suddenly stole the attention of the Asian market. Without much ado,
Genesis Lawsuit Claims DCG Schemed as ‘Alter Ego’, Ignored Red Flags
In a significant development from the blockchain industry, Genesis Global Holdco LLC, a part of the Genesis Global Capital group implicated in a recent controversy, has opted to unseal its lawsuit against Digital Currency Group (DCG) and its CEO, Barry Silbert. The lawsuit alleges that DCG employed Genesis as an “alter ego” to siphon and […]
Genesis Lawsuit Claims DCG Schemed as ‘Alter Ego’, Ignored Red Flags
In a significant development from the blockchain industry, Genesis Global Holdco LLC, a part of the Genesis Global Capital group implicated in a recent controversy, has opted to unseal its lawsuit against Digital Currency Group (DCG) and its CEO, Barry Silbert. The lawsuit alleges that DCG employed Genesis as an “alter ego” to siphon and […]
Genesis Lawsuit Claims DCG Schemed as ‘Alter Ego’, Ignored Red Flags
In a significant development from the blockchain industry, Genesis Global Holdco LLC, a part of the Genesis Global Capital group implicated in a recent controversy, has opted to unseal its lawsuit against Digital Currency Group (DCG) and its CEO, Barry Silbert. The lawsuit alleges that DCG employed Genesis as an “alter ego” to siphon and […]
Genesis Lawsuit Claims DCG Schemed as ‘Alter Ego’, Ignored Red Flags
In a significant development from the blockchain industry, Genesis Global Holdco LLC, a part of the Genesis Global Capital group implicated in a recent controversy, has opted to unseal its lawsuit against Digital Currency Group (DCG) and its CEO, Barry Silbert. The lawsuit alleges that DCG employed Genesis as an “alter ego” to siphon and […]
Coinbase Aids US Secret Service in $225 Million Crypto Seizure
Coinbase has announced it assisted the US Secret Service in a large-scale investigation that led to the recovery of $225 million connected to online fraud.
Coinbase Aids US Secret Service in $225 Million Crypto Seizure
Coinbase has announced it assisted the US Secret Service in a large-scale investigation that led to the recovery of $225 million connected to online fraud.
Russia and Stablecoin Use: Ruble-Pegged A7A5 Moved $9B on One Crypto Exchange
When the success of Circle’s public listing made headlines on Wall Street, a lesser-known ruble-pegged stablecoin—launched by a fugitive Moldovan oligarch and a Russian defence-sector bank—was being used for real-world cross-border payments to bypass sanctions on Russia. A7A5, said to be the first ruble-pegged stablecoin, has moved around $9.3 bill
Oil Price Falls Below Pre-Escalation Levels of Middle East Conflict
According to the XBR/USD chart: → Prior to Israel’s airstrikes on Iran on 13 June, the price of Brent crude was hovering around the $69.00 mark; → Following US bombings in Iran, the price spiked at the Monday market open, reaching a high of approximately $77.77 (as we reported on 23 June). However, after President […]
Coinbase (COIN) Shares Hit Year-to-Date High
As we reported six days ago, shares of Coinbase Global (COIN) received a strong bullish boost after the US Senate approved the GENIUS bill, which sets out regulations for the use of stablecoins. As the Coinbase Global (COIN) stock chart shows, the rally is ongoing. Yesterday, the price surged by over 12%, once again becoming […]