Author: News Room

Ripple is facing new legal challenges as a US judge in California approved a lawsuit against the crypto company regarding alleged misleading statements by its CEO, Brad Garlinghouse. The case will go to trial, and…

Magic Eden has emerged as the leading NFT marketplace, surpassing Blur in terms of trading volume according to DappRadar’s Dapp Industry Report for April 2024. The platform’s strategic expansion into Bitcoin Ordinals and robust rewards…

Riot Platforms has made the decision to abandon its bid to acquire rival Bitfarms and instead focus on overhauling Bitfarms’ Board of Directors. The company has formally requested a special meeting of Bitfarms shareholders to…

Moonbeam Network, a Web3 smart contract platform, has recently announced a $13 million funding initiative to bolster its ecosystem growth in areas such as gaming and real-world asset (RWA) tokenization. This funding package includes a…

CoinStats, a popular crypto portfolio app, recently experienced a security breach, leading them to temporarily shut down their application to address the incident. The breach affected 1,590 wallets, accounting for 1.3% of all CoinStats Wallets.…

Coinbase, a leading cryptocurrency exchange, is facing potential regulatory challenges due to its compliance with new FASB accounting rules. These rules, agreed upon in 2023 and set to take effect in 2025, shift the accounting…

The Iranian government and hardliners have expressed strong opposition to the play-to-earn blockchain game “Hamster Kombat,” labeling it as a tool of Western soft power to distract the population from the upcoming presidential elections. The…

Cameron and Tyler Winklevoss were collectively refunded around $310,800 by the Trump 47 Committee after exceeding the maximum donation allowed by federal law. The brothers, founders of Winklevoss Capital Management and Gemini crypto exchange, each…

Pudgy Penguins, a popular NFT collection, has recently announced a partnership with Mythical Games to develop a Web3-powered AAA mobile game on the Polkadot-based Mythos Chain. This collaboration is set to launch in 2025 and…

Michael Egorov, the founder of Curve Finance, recently faced liquidation after the CRV token plummeted to an all-time low of $0.219. On-chain analyst EmberCN reported that Egorov’s lending positions were largely liquidated, totaling around 100…