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Nigerian Court Postpones Detained Binance Executive’s Tax Evasion Case to April 19

A Nigerian court has postponed the tax evasion case of the detained Binance executive to April 19, while the hearing for the cryptocurrency exchange itself is scheduled for April 8.…

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FTX Nets $1.9B in Solana Sale at $64 per SOL, Discount Price Draws Creditor Scrutiny

In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion by offloading a considerable amount of solana (SOL), including tokens that were…

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Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury

On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the…

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Bitdeer Utilizes Chip Giant TSMC, Eyeing $60M in Bitcoin Mining Equipment Production

According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor Manufacturing Company (TSMC) for its Sealminer A1 mining rigs for the third quarter. Bitdeer also disclosed that…

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Paraguayan Lawmakers Introduce Bill to Temporarily Pull the Plug on Bitcoin Mining Operations

A group of Paraguayan lawmakers is spearheading a bill that seeks to enact a temporary ban on cryptocurrency mining operations in Paraguay for 180 days or until the industry’s activities…

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Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project

According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with…

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Ethena Labs Adopts Bitcoin to Back USDE Stablecoin; Supply Surpasses 2 Billion

On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known for delivering yields in the double digits, has rapidly ascended…

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Bitcoin Technical Analysis: BTC Sails Through Choppy Waters After Recent Uptick

Bitcoin’s price oscillation between $66,182 and $69,199 within 24 hours underscores a battlefield where bulls and bears vie for dominance. Bitcoin Bitcoin’s 1-day chart reveals a narrative of volatility, with…

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