Nuva Digital, a venture co-incubated by Animoca Brands and Nuva Labs, has successfully secured $5.2 million in seed funding. The investment round was spearheaded by Morgan Creek Digital, with significant participation from Ulu Ventures. This capital infusion is earmarked for…
The Canadian federal government has announced its intention to ban cryptocurrency ATMs, classifying them as a significant conduit for fraudulent activities and money laundering. This proposed measure was detailed in the nation’s spring economic update, signaling a robust move towards…
TON Tech, the development team behind The Open Platform (TOP), has announced the launch of artificial intelligence-powered agents capable of autonomously executing on-chain transactions and decentralized finance (DeFi) activities on the TON blockchain. These agents empower users to fund dedicated…
Robinhood (NASDAQ: HOOD) experienced a significant after-hours drop of 7%, following a softer trading session where shares already declined by 2.2%. This sharp movement came on the heels of a Q1 earnings report that missed analyst expectations, painting a less-than-ideal…
U.S. District Judge Lewis Kaplan has denied a request for a new trial from former FTX CEO Sam Bankman-Fried, dismissing the new evidence presented as unsubstantiated. Bankman-Fried, who was found guilty on all seven criminal counts related to defrauding customers,…
Tether has announced the development of a novel modular bitcoin mining infrastructure, a strategic initiative undertaken in collaboration with Canaan and ACME Swisstech. This venture aims to enhance control over operational costs, energy consumption, and overall performance within industrial-scale mining…
Get ready, alpha hunters! Ondo Finance is leveling up the game for tokenized equity holders by integrating corporate governance participation. In a move that bridges traditional finance with the decentralized world, Ondo has teamed up with the proxy services giant…
The Commodity Futures Trading Commission (CFTC) has initiated legal action against Wisconsin’s top officials, including Governor Tony Evers, Attorney General Joshua Kaul, and John Dillett, the administrator of the Wisconsin Department of Administration Division of Gaming. This lawsuit, filed in…
The Commodity Futures Trading Commission (CFTC) is embracing cutting-edge technology to enhance its regulatory capabilities within the rapidly evolving cryptocurrency space. CFTC Chair Michael Selig has announced a strategic pivot towards artificial intelligence (AI) to streamline the review of crypto…
Polymarket is reportedly in discussions with the Commodity Futures Trading Commission (CFTC) regarding a potential return of its primary exchange operations to the United States. This development follows Polymarket’s earlier re-entry into the U.S. market through the acquisition of QCEX,…