Bitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts
Bitcoin surprised traders by opening the week in the red, and the Federal Reserve’s announcement about future rate cuts failed to reverse the downtrend.
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DeFi summer 2.0? ‘Gen 2’ tokens on a tear amid wider market slump
As some brand-name decentralized finance (DeFi) tokens sputter, a crop of new projects have emerged that are catching strong bids on the back of aggressive yield farming programs, generous airdrops, and significant technical advances. It’s a set of outlier projects pushing forward on both price and fundamentals that has led one crypto analyst, eGirl Capital’s mewny,…

Court rules Kik’s 2017 ICO violated U.S. securities laws
A judge has ruled that the $100 million ICO conducted by the Canadian messaging platform Kik in 2017 violated federal securities laws. U.S. District Judge Alvin Kellerstein has sided with the U.S. Securities and Exchange Commission (SEC), ruling that the Canadian technology firm Kik’s $100 million initial coin offering (ICO) violated federal securities laws.On September…

Major League Baseball sells pairs of tickets for 100 Dogecoin each
Fans can use Dogecoin to purchase Major League Baseball tickets to see the Oakland Athletics this month. 3244 Total views 39 Total shares Fans can now use Dogecoin to buy tickets to see MLB team Oakland Athletics take on the Toronto Blue Jays this month.The team, also known as the Oakland A’s, is offering pairs…

Euro investment bank predicts shortfall in blockchain and tech investment
The EU is billions of dollars behind China and the U.S. when it comes to investment in blockchain and artificial intelligence, said the EIB. 4812 Total views 5 Total shares The European Union is falling behind China and the United States when it comes to blockchain and artificial intelligence investments, according to the European Investment…

Kusama network set to launch next five parachain auctions
Kusama is a platform which acts as a test-environment, or a so-called “canary network,” for developers to experiment and determine the efficiency of their blockchain code and applications prior to their official release on the Polkadot network. Due to the trial and error nature of Kusama, developers can benefit from a less stringent governance framework, as…

BitMEX CEO Expects Investors to Follow Paul Tudor Jones’ Move to Bitcoin
BitMEX’s CEO expects that Paul Tudor Jones will bring more big investors to the crypto market by investing in Bitcoin. Paul Tudor Jones, a legendary hedge fund investor, triggered massive excitement in crypto markets yesterday by revealing that Bitcoin (BTC) is part of his portfolio. Traders and industry players like BitMEX’s CEO expect that the…

SEC crypto ‘overreach’ cost small investors $15B: John Deaton
According to a popular pro-crypto attorney and Senate candidate, the SEC's overreach into the crypto industry has cost retail investors over $15 billion in losses.

Near Protocol ‘darkness’ and ‘sovereignty’ tweets raise hack suspicion
The unusual messages, including a Morse code video and gothic-font tweets, left the crypto community puzzled. Near Protocol has not yet commented on the incident.