Binance co-founder Changpeng “CZ” Zhao’s reported BNB holdings have rocketed past an estimated value of $75.8 billion as the token breached new all-time highs on Monday. BNB (BNB) tapped a new high of $850.70 on Monday, according to Nansen. Analysts said token burns, rising chain metrics and whale activity could be reasons for the price…
Solana co-founder Anatoly Yakovenko has sparked controversy after referring to memecoins and non-fungible tokens as “digital slop,” despite Solana’s substantial memecoin-driven revenue. “I’ve said this for years. Memecoins and NFTs are digital slop and have no intrinsic value,” Yakovenko said in a X post on Sunday while comparing the crypto tokens to loot boxes in…
Five US Senate Democrats have probed the head of the country’s housing finance agency over his plan to consider how crypto can be counted in the approval process for certain mortgages. The senators, led by Jeff Merkley, sent a letter to Federal Housing Finance Agency (FHFA) director William Pulte on Friday asking him to explain…
SharpLink Gaming, the second-largest corporate holder of Ether, has acquired another 77,210 Ether, worth $295 million, as the firm shows no signs of slowing down its crypto treasury play. The single purchase is more than the network’s net issuance of Ether in the past 30 days, which stood at 72,795 ETH, according to Ultra Sound…
Solana co-founder Anatoly Yakovenko has sparked controversy after referring to memecoins and non-fungible tokens as “digital slop,” despite Solana’s substantial memecoin-driven revenue. “I’ve said this for years. Memecoins and NFTs are digital slop and have no intrinsic value,” Yakovenko said in a X post on Sunday while comparing the crypto tokens to loot boxes in…
Opinion by: Dr. Scott Lehr In the early 2000s, getting a loan in the United States without verifying your income or assets was possible. It was called a “no-doc” or “low-doc” loan. The aim was to help self-employed or contract workers, but it was widely abused. Today, lenders verify income, assets, debt and employment. Whether…
Binance co-founder Changpeng “CZ” Zhao’s reported BNB holdings have rocketed past an estimated value of $75.8 billion as the token breached new all-time highs on Monday. BNB (BNB) tapped a new high of $850.70 on Monday, according to Nansen. Analysts said token burns, rising chain metrics and whale activity could be reasons for the price…
Roman Storm, one of the creators behind the Tornado Cash protocol, is seeking another $1.5 million to cover mounting legal costs as his landmark crypto trial enters its third week. In an “urgent call for support,” Storm asked for another $1.5 million in a July 26 X post, explaining that legal costs have been “piling…
Opinion by: Dr. Scott Lehr In the early 2000s, getting a loan in the United States without verifying your income or assets was possible. It was called a “no-doc” or “low-doc” loan. The aim was to help self-employed or contract workers, but it was widely abused. Today, lenders verify income, assets, debt and employment. Whether…
Top Stories of The Week Australian fintech Finder wins court battle over crypto yield product The Australian Federal Court ruled in favor of fintech company Finder.com, clearing it and its yield-generating product, Finder Earn, in a legal battle with the Australian Securities and Investments Commission (ASIC) that lasted almost three years. In a Thursday court…