KULR, an energy-management company, has made headlines with its plans to raise up to $300 million through a stock offering aimed at fueling its Bitcoin purchases. This strategic move, facilitated by Cantor Fitzgerald, demonstrates KULR’s proactive approach towards embracing the digital currency trend and harnessing its potential benefits. The decision to allocate funds towards acquiring…
The landscape of insolvency proceedings is evolving in the United Kingdom as digital assets, especially cryptocurrencies, have become more prevalent. To adapt to this shift, the UK’s Insolvency Service has made a groundbreaking move by appointing its first crypto specialist to aid in the handling of bankruptcy cases involving cryptocurrencies. Andrew Small, a former police…
In a significant move to crack down on cybercriminal activities linked to North Korea, the Department of Justice (DOJ) is seeking to seize $7.7 million in cryptocurrency obtained by North Korean hackers who posed as IT workers. These hackers utilized false identities to infiltrate U.S. companies, carry out illicit activities, and finance the regime’s operations….
The rise of artificial intelligence (AI) has sparked significant changes in various industries, with the potential to revolutionize the way we work. While AI was once viewed as a tool that would complement human labor, recent developments suggest that it may be coming for our jobs much sooner than anticipated. White-collar workers, in particular, are…
As the world of cryptocurrency continues to evolve, one of the most exciting developments is the integration of interactive gaming with blockchain technology. This week has seen significant advancements in the realm of crypto games, with the launch of Bonk Arena on the Solana blockchain and the highly anticipated release of FIFA Rivals drawing near….
In the rapidly evolving world of cryptocurrency, an intriguing trend is emerging – the rise of meme coin enthusiasts. Glauber Contessoto, famously known as the “Dogecoin Millionaire,” has now ventured into the realm of Pepe Coin, adding another fascinating chapter to his crypto journey. Contessoto made headlines with his bold investment in Dogecoin, a digital…
In the world of cryptocurrency and finance, tokenization is a concept that continues to gain traction for its potential to revolutionize the way assets are managed and traded. Johann Kerbrat, the General Manager of Robinhood Crypto, highlighted the benefits of tokenization, emphasizing how it could disrupt traditional financial systems by eliminating intermediaries and providing more…
Solana’s cryptocurrency, SOL, showcased impressive resilience by bouncing back from a low of $147.13 to reclaim a position above $151. Despite facing challenges from global macroeconomic uncertainties, SOL managed to exhibit renewed strength over the weekend. The recovery of SOL was accompanied by a notable surge in on-chain activity, with Coin Days Destroyed reaching 3.55…
In a significant development within the cryptocurrency world, BiT Global and Coinbase have put an end to their legal battle regarding the delisting of BiT Global’s wrapped bitcoin (wBTC) token on the popular exchange platform. The resolution came through a joint court filing, indicating that BiT Global has agreed to drop its lawsuit against Coinbase…
Ether (ETH) has demonstrated resilience in the face of market volatility, holding steady above the $2,500 mark and indicating a renewed confidence among institutional investors. The recent rebound from key support levels around $2,460 has been a significant development, with ETH now stabilizing above $2,500. This recovery has been supported by strong trading volumes, underscoring…
