In a unanimous decision on Thursday, the U.S. Supreme Court ruled against Coinbase Inc. in an arbitration dispute stemming from the exchange’s 2021 Dogecoin sweepstakes. The ruling clarified the importance of determining which legal agreement takes precedence when parties are governed by multiple contracts. Justice Jackson emphasized that the question of whether parties agreed to
Crypto
Recently, the United States House of Representatives made a significant decision regarding Central Bank Digital Currencies (CBDCs) by voting in favor of a bill that would prevent the Federal Reserve from directly issuing a CBDC to its citizens. This decision has stirred up debates and discussions within the online crypto community and among legislators. The
The recent announcement by the Trump campaign to accept cryptocurrency donations marks a significant shift in the political landscape. This move is seen as a reflection of Trump’s stance on valuing “freedom over socialistic government control.” By embracing cryptocurrency, the campaign is tapping into a new form of fundraising that goes beyond traditional methods. The
Peter Schiff, a well-known gold bug, has once again voiced his skepticism towards Bitcoin, this time cautioning investors about the potential negative impact a greenlight from the US Securities and Exchange Commission for spot Ethereum ETFs could have on the leading cryptocurrency. The cryptocurrency industry saw a surge of excitement this year with the approval
Recently, Gala Game, a Web3 gaming project, fell victim to a security breach in which an unknown attacker exploited a compromised or rogue admin address to mint 5 billion GALA tokens, amounting to over $200 million. This incident led to the unauthorized sale of 600 million tokens valued at $29 million on Uniswap, a decentralized
Polimec, a decentralized and community-driven funding protocol, has made its debut on the Polkadot network. This innovative platform is set to redefine the way Web3 projects secure capital and issue tokens, offering a transparent and regulatory-compliant environment for investors and startups globally. The launch of Polimec marks a significant advancement in Web3 fundraising engagement. By
Michael Sonnhenshein, the CEO of Grayscale, the world’s largest Bitcoin ETF, has announced his decision to step down from his position. In a recent press release, the company revealed that Peter Mintzberg, the current global head of strategy at Goldman Sachs’ Wealth Management Division, will be taking over as the new CEO. This change is
As we look ahead to the economic week, two key events stand out – the release of the Federal Reserve meeting minutes and a major earnings report from semiconductor giant Nvidia. These events have the potential to shape market sentiment and provide important insights into the economic landscape. The Federal Reserve meeting minutes, scheduled to
Bitcoin’s price has experienced some fluctuations in the past 24 hours, dropping below $67,000 at times but reacting positively to each correction. Despite the volatility, the leading cryptocurrency now sits at that line once again. Altcoins Slightly in the Red On a daily scale, altcoins such as TON, ADA, and SHIB have retraced by around
The emergence of North Korea as a formidable player in the realm of cybercrime is becoming increasingly alarming. A recent confidential report from the United Nations has shed light on the activities of the infamous Lazarus Group, a cybercriminal organization believed to be operating under the auspices of the North Korean government. The group managed