Trading platform Abra purchased Valkyrie’s crypto trusts: Report
Abra purchased the trusts amid a settlement with 25 US state regulators connected to financial licensing violations.
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Can Bitcoin price overcome the $60K 'double breakout' zone?
Bitcoin optimism is increasing as charts flag a turnaround which hinges on BTC price strength holding the $60,000 zone.

Robinhood warns a crypto drop is coming amid IPO filing
According to the trading app, it expects its Q3 2021 revenue to be lower as a result of increased crypto trading in the first quarter, driven in part by Dogecoin. 1309 Total views 1 Total shares Stock and cryptocurrency trading app Robinhood is expecting its quarterly revenue to decrease based on significantly high trading volume…

Australian digital finance industry wants to legally recognize DAOs
A new legal initiative in Australia wants to allow DAO project governors to contract with other legal entities through DeFi tools. 14 Total views 1 Total shares Specialists and lawyers focused on decentralized finance (DeFi) are launching an initiative to create a new type of legal entity in Australia representing decentralized autonomous organizations (DAOs).The country's…

AI chatbots are getting worse over time — academic paper
A dwindling consumer interest in chatbots caused a drop in AI-sector revenues during the second business quarter of 2024.

Vitalik Buterin breaks down 2023 Ethereum Foundation spending
The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation's expenses in 2022.

Bitcoin bulls’ desire for a trend reversal could be obliterated by this week’s $565M options expiry
Bitcoin’s price (BTC) fell below a four-day narrow trading range near $22,400 on March 7 following comments by U.S. Federal Reserve Chair Jerome Powell as he sat before a Senate banking committee. During the congressional appearance, the Fed chairman warned that the bank is prepared to tame inflation by pushing for more significant interest rate…

South Korea to pilot CBDC in one of these three cities, not Seoul
South Korea pushes forward with its CBDC pilot and targets three potential test regions for issuing and distributing the digital currency. 334 Total views 2 Total shares The Bank of Korea has narrowed down three regions for the piloting of its central bank digital currency (CBDC), which does not include the country’s capital, Seoul, according…

Bitdeer, B. Riley Financial enter into agreement for $150M share purchase
Crypto mining firm Bitdeer reached an agreement with B. Riley Financial to sell up to $150 million of its Class A ordinary shares. 61 Total views 3 Total shares Bitdeer, a crypto mining firm spun off from mining manufacturer Bitmain, has entered into an agreement with the special purpose acquisition company (SPAC) B. Riley Financial…