Crypto news
According to Nick Forster, the co-founder of Derive, the Bitcoin (BTC) rally has stalled slightly, holding firm at $109,000, while Ethereum (ETH) remains steady at $2,550. Notably, volatility for both assets has stayed consistent, with BTC at 45% and ETH at 72%. Bitcoin and Ethereum price outlook In a news alert shared with Krypt News,…
The price of HYPE, the native cryptocurrency of the Hyperliquid decentralized exchange, has been on a very strong bullish momentum of late. HYPE has been setting a new all-time high price every day for the past week and the momentum doesn’t seem to wane. At press time, the altcoin was trading at $38.75 after hitting…
Polygon co-founder, Mihailo Bjelic, has announced his resignation from the Polygon Foundation board and his day-to-day role at Polygon Labs, marking a significant shift for the Ethereum Layer 2 scaling solution. Bjelic is the third founder to depart following Jaynti Kanani’s departure in October 2023 and Anurag Arjun’s deputure in March 2023. Bjelic cited inability…
A US federal judge has vacated key fraud and market manipulation convictions against Avraham Eisenberg, the central figure in the widely publicized Mango Markets exploit case, significantly weakening the government’s prosecution. Judge Arun Subramanian, presiding in the Southern District of New York, ruled that the evidence presented at trial failed to support the jury’s finding…
Yield Guild Games (YGG) has officially entered the Web3 game publishing arena with the launch of its Web3 game publishing division dubbed Yield Guild Games Play (YGG Play). The first Web3 game to be launched on YGG Play is LOL Land, which features Pudgy Penguins characters. The YGG Play and the first game launch comes…
Crypto.com cryptocurrency exchange has achieved another major milestone in its expansion strategy by securing a Markets in Financial Instruments Directive (MiFID) license. This license, granted by the Cyprus Securities and Exchange Commission (CySEC), allows the platform to offer regulated crypto derivatives and a broad range of traditional financial instruments throughout the European Economic Area (EEA)….
