BlockFi and DOJ Settle $35M Lawsuit Amid Bankruptcy Wind-Down
The bankruptcy administrator for crypto lender BlockFi and the U.S. Department of Justice (DOJ) have reached a settlement in a legal battle involving $35 million in crypto assets. The lawsuit, originally filed in May 2023, centered around assets held in BlockFi accounts belonging to two Estonian nationals, who were involved
Bitcoin Surges Past $118K, Triggers $1 Billion in Short Liquidations
Bitcoin has shattered previous records, soaring past $118,000 and delivering a massive blow to traders who were betting against the cryptocurrency. In just 24 hours, over $1.13 billion worth of positions were wiped out across the market with a staggering $1.01 billion from short sellers alone. This marks the largest
Ethereum Surges Past $3,000: Is a Breakout to $4,000 Coming Soon?
Ethereum (ETH) has made a strong comeback, crossing the crucial $3,000 mark for the first time in 22 weeks. The second-largest cryptocurrency by market cap has gained 7.9% in the last 24 hours, now trading at around $3,020. This rally comes amid massive short liquidations, rising institutional demand, and positive
Trump Pressure on Fed Fuels $15B Bitcoin ETF Boom
Bitcoin is back in the spotlight as bullish momentum gains steam, largely fuelled by political drama in the U.S. and rising investor interest in spot Bitcoin ETFs. Over the past three months, U.S.-listed Bitcoin ETFs have attracted over $15 billion in inflows, despite Bitcoin trading sideways since mid-May. According to
Nvidia Hits $4 Trillion, Tops Tech and Crypto Markets
Nvidia has become the world’s first company to hit a $4 trillion market valuation, a milestone driven by the explosive growth in artificial intelligence (AI). With a background in gaming and crypto chipmaking, Nvidia is now leading the AI revolution, leaving behind tech giants like Microsoft and Apple and even
POL Rallies Ahead of Heimdall v2 Upgrade
Polygon’s native token POL is gaining strong momentum ahead of a major network upgrade, the Heimdall v2 mainnet launch scheduled for July 10. With the upgrade aiming to boost network speed, stability, and future scalability, both investors and developers are closely watching the token’s movement. Heimdall v2: A Major Network
New Zealand Bans Crypto ATMs to Combat Money Laundering
New Zealand has taken a strong stance against money laundering and organised crime by banning crypto ATMs and limiting international cash transfers. The government announced the changes as part of a major update to its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework. The announcement came from Associate
Trump’s Tariff Move Triggers Crypto Crash and Market Turmoil
The global cryptocurrency market has taken a sharp hit, dropping by 4.5% in the last 24 hours, after former US President Donald Trump issued fresh tariff letters to 14 countries. This decision not only shook digital asset markets but also dragged down crypto-related stocks and the wider US stock market.
Crypto Industry Urges Congress to Pass CLARITY Act
As the United States gears up for what lawmakers are calling “Crypto Week,” a strong push is coming from major crypto organizations and companies urging Congress to pass the Digital Asset Market Clarity Act, widely known as the CLARITY Act. Led by Coinbase’s lobbying arm, Stand With Crypto, and supported
Ripple Eyes 2026 IPO with $11.3B Valuation from DBS
Ripple, one of the most recognised names in blockchain-based payment technology, has received a major boost from Southeast Asia’s top financial institution. DBS Bank has valued the fintech company at an impressive $11.3 billion ahead of Ripple’s much-anticipated Initial Public Offering (IPO) planned for 2026. This move signals growing confidence
