Samuel Edyme, famously known as HIM-buktu, is a multifaceted individual in the realm of web3 content writing, journalism, and trading. His entrance into the crypto universe was not that of a triumphant investor, but rather a victim of a Ponzi scheme that utilized cryptocurrency as payment. Instead of backing down, Edyme used this experience to
Recently, Robinhood’s crypto division agreed to pay a $3.9 million fine, settling a California investigation into its past practices. The investigation revealed that Robinhood Crypto prevented users from withdrawing their digital assets from 2018 to 2022. Additionally, the company failed to fully disclose details about its trading and order-handling processes. The investigation also found that
In a surprising turn of events, the Future Forward USA PAC, which is in support of Vice President Kamala Harris’ presidential campaign, has announced that it will now be accepting cryptocurrency donations through Coinbase Commerce. This development comes after initial confusion caused by comments made by Coinbase’s Chief Financial Officer, Alesia Haas, during Citigroup’s 2024
X Empire, previously known as Musk Empire Game, is a tap-to-earn crypto game on Telegram that combines virtual mining with the world of cryptocurrency. This unique gaming experience is not just about entertainment, but also about the potential to earn real rewards. With an upcoming airdrop on the horizon, players of X Empire are eagerly
Ripple recently announced a new partnership with South Korea’s Yonsei University as part of its University Blockchain Research Initiative (UBRI) program. This collaboration marks the 58th global partnership for Ripple, with a focus on blockchain research and technology. Yonsei University will specifically focus on areas like artificial intelligence, finance, information systems, and management, highlighting the
WazirX has recently initiated the second phase of its fiat currency withdrawal process earlier than anticipated, on September 3. This acceleration in the withdrawal process was unexpected, as it was initially scheduled to commence on September 9. CEO Nishal Shetty took to social media to share this update with users. He emphasized the ongoing efforts
The US Securities and Exchange Commission (SEC) recently charged and settled with hedge fund Galois Capital Management LLC over a private fund that primarily invested in cryptocurrency. The SEC alleges that Galois Capital failed to comply with client asset safeguarding requirements, particularly with crypto assets labeled as securities. As a result, Galois Capital agreed to
Despite the completion of its Chang upgrade, Cardano has seen a decrease in price. The Chang hardfork brought significant changes to the Layer-1 blockchain, including on-chain voting, enhanced smart contract capabilities, and a new governance structure. ADA holders now have the ability to participate in governance issues directly or delegate their voting power to trusted
Bitcoin’s recent dip below $56,000 has sparked concerns among investors, with Arthur Hayes predicting a potential further decline to $50,000. His bearish outlook extends to altcoins as well, warning of steeper losses in the broader crypto market. Hayes attributes these predictions to the Federal Reserve’s actions and dynamics in the US Treasury market, noting the
Galois Capital, a crypto-focused advisory firm that custodied client assets at FTX, has found itself in hot water with the U.S. Securities and Exchange Commission. The SEC has recently levied charges against Galois Capital for failing to ensure that the crypto held by the private fund it was advising was held with a qualified custodian,