Crypto News
Revolut Takes First Step Toward US Banking License, Plans 2027 Launch
Revolut said it received conditional OCC approval to establish a U.S. national bank, subject to completing FDIC and Federal Reserve…
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Moonwell Protocol on Base Network Exploited for $9 Million
Moonwell, a DeFi protocol on the Base network, suffered a $9 million exploit due to MAMO token manipulation. Stolen DAI…
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UAE Launches $500M Fund for AI and Blockchain Projects
Hodler Investments and Gewan Holding have launched a $500 million Digital Energy Infrastructure fund to…
Musk and Buterin Endorse AI Safety Legislation
Elon Musk and Vitalik Buterin support the SB 1047 AI safety bill, emphasizing the need…
Meta and Spotify Criticize Europe’s AI Regulations
Meta and Spotify CEOs urge EU to adopt open-source AI to avoid tech lag, citing…
Institutional Investors Eye Miners for AI Growth: Bernstein
Institutional investors are funding Bitcoin miners for their computing power, driven by AI sector potential…
French President Comments on Pavel Durov’s Arrest
French President Macron clarified that Telegram founder Pavel Durov's arrest is part of a judicial…
Hong Kong Regulator Finds Issues with Some Crypto Exchanges
Hong Kong's SFC identified significant compliance issues among crypto exchanges applying for licenses, including overreliance…
Orderly Network Launches ORDER Token: Exciting New Release
Orderly Network will launch its ORDER token on August 26, 2024. The protocol, known for…
Justin Sun Pledges $1M to Support Pavel Durov
Justin Sun, TRON founder, pledged $1 million to support Telegram’s Pavel Durov through a proposed…
SunPump Platform Revenue Surpasses $2.6 Million Milestone
SunPump's total revenue surpassed $2.67 million by August 25, 2024, with over 40,746 meme tokens…
Toncoin Plummets 15% After Pavel Durov’s Arrest
Telegram founder Pavel Durov was arrested at a Paris airport for alleged drug trafficking, child…