Austin Mwendia

Highlights: Caroline Ellison will transfer nearly all her assets to FTX’s bankruptcy estate in a settlement deal. Ellison agrees to cooperate fully with FTX investigations, aiding in the recovery of assets for creditors. The settlement avoids costly litigation, offering a […]

Highlights: Taiwan’s FSC plans to pilot cryptocurrency custody services via local banks in 2025, enhancing security. Three Taiwanese banks will participate in a trial, offering secure storage for Bitcoin, Ether, and Dogecoin. Taiwan’s crypto custody trial aims to boost institutional […]

Highlights: RedStone’s Bitcoin staking oracles enable BTC holders to use liquid-staking tokens in DeFi lending. Oracles are crucial in verifying staking data and expanding BTC LST use beyond liquidity provision on DEXs. RedStone’s launch of BTC staking oracles is expected […]

Highlights: Granbury residents sue Marathon Digital, citing unbearable noise from its Bitcoin mining facility. Health issues, sleepless nights, and declining property values drive lawsuit against Marathon Digital. Despite a legal battle, Marathon Digital continues expansion with a $249M Bitcoin purchase […]

Highlights: CleanSpark’s hashrate hit 28.7 EH/s, showing 187% growth year-over-year post-Hurricane Helene disruptions. The firm aims for 50 EH/s by 2025, driven by new acquisitions in Mississippi and Wyoming to boost capacity. In September 2024, CleanSpark mined 493 Bitcoin and […]

Highlights: Bitget’s BGB token plunged over 56% today, prompting the exchange to announce a user compensation plan. Following the price drop, the BGB token showed signs of recovery while trading volume reached 5.88 million USD. Bitget integrates AI-driven data protocol […]

Highlights: UAE exempts crypto transfers and conversions from VAT, boosting appeal for digital asset businesses. New VAT rules simplify export documentation, easing the tax burden for businesses in the UAE. VAT exemption for investment fund management in the UAE reduces […]

Highlights: EigenLayer faces scrutiny after a $5.7M token sale breached lockup rules for early investors. A hacker exploited an email flaw to steal 1.67M EIGEN tokens, highlighting security risks. Investigations into EigenLayer’s internal compliance and token security are still ongoing. […]

Highlights: WazirX forms a Committee of Creditors to involve users in its restructuring process. Hack victims may not fully recover their funds as WazirX restructures. Zettai will oversee WazirX’s creditor selection amid a $546M claims process. WazirX is taking steps […]

Highlights: Bitcoin leads Q3 2024, hitting its highest market share since 2021. Stablecoins reach record market cap, solidifying their role in the crypto space. AI-powered crypto projects recover, while DeFi and Layer-2 face challenges. The Q3 2024 crypto market had […]

Highlights: Dormant Ethereum whales are reawakening, moving large sums, and sparking market volatility.   Ethereum’s price has dropped nearly 10% this week, falling below $2,400.   Institutional interest in Ethereum is growing, with recent $14.45M inflows into Ether ETFs. A participant in […]

Highlights: Trump pledges to free Silk Road founder Ulbricht, reigniting debate over the case. His support for Ulbricht aims to rally libertarian and crypto backers. Trump’s World Liberty Financial launch signals deeper crypto ambitions. Donald Trump has once again defended […]