Author: Maxwell Mutuma
IDA Raises $6 Million in Seed Funding to Launch Regulated Stablecoin HKDA
Hong Kong-based IDA digital asset company has raised $6 million in seed funding, with substantial backing from blockchain investors CMCC Global's Tita [...]
Bitcoin Miners Face Significant Revenue Drop in August 2024
Bitcoin miners encountered substantial challenges in August 2024 as revenue fell to the year's lowest point. The total revenue generated was $851.36 m [...]
OKX Singapore Obtains a Major Payment Institution Licence to Boost Its Market Presence
Singapore-based cryptocurrency exchange OKX has achieved another major accomplishment by receiving a Major Payment Institution (MPI) license from the [...]
Coinbase’s Legal Chief Criticizes SEC’s Ambiguity on FTX Repayment Plan
Paul Grewal, Chief Legal Officer at Coinbase, has publicly accused the U. S. Securities and Exchange Commission (SEC) of not being clear on whether or [...]
Metaplanet Forms Strategic Partnership with SBI VC Trade for Bitcoin Strategy in Japan
Japan-based Metaplanet Inc., often called Japan's MicroStrategy, announced on September 2 a significant strategic partnership with SBI VC Trade, a sub [...]
WazirX Faces Criticism Over Frozen Assets as Users Demand Urgent Action
Indian cryptocurrency exchange WazirX is under pressure because of ongoing problems that have left users unable to access their investments. The found [...]
Donald Trump Rekindles Dream of Turning the U.S into A Crypto Hub
Presidential candidate Donald Trump is back in the limelight with his aim to make America the world's 'crypto capital' again. In a recent tweet on X ( [...]
Ripple’s CTO David Schwartz Refutes Claims of Suppressing XRP Price
Ripple top technologist David Schwartz has recently responded to continued accusations that the San Francisco-based firm manipulates XRP price downwar [...]
China Takes Legal Action in First Digital Wallet Private Key Theft Case
In a landmark move, the Xuhui District Procuratorate in China has unveiled the nation's first legal case addressing the illegal acquisition of digital [...]
Elon Musk Triumphs as $258 Billion Dogecoin Lawsuit is Dismissed
Elon Musk, the CEO of Tesla, has successfully put to rest a $258 billion class-action lawsuit that accused him of orchestrating a cryptocurrency pyram [...]