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Approval in Expected Cryptocurrency Lawsuit: $3 Billion to be Distributed to Users

In a landmark ruling, Genesis, a bankrupt cryptocurrency lender, has received court approval to distribute billions of dollars in digital assets and cash to its creditors. Late Friday, Judge Sean Lane approved Genesis' Chapter 11 repayment plan, whic

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24/7 World Crypto News

Ethereum ETFs About to Be Approved? — Here are the Candidates Waiting for Confirmation

All eyes are on the United States Securities and Exchange Commission (SEC) for approving the Ethereum exchange-traded funds (ETFs). Following the groundbreaking approval of spot Bitcoin ETFs earlier this year, the anticipation for Ethereum ETFs is palpab

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24/7 World Crypto News

Toncoin Demonstrated Bearish Signs: What’s Next in TON Crypto?

Toncoin performed remarkably throughout the year and provided outstanding returns to its investors. However, it is currently experiencing some weakness. The TON price has experienced strong buying momentum this year and hit a record high of $7.67 on A

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CryptoQuant CEO Maps Out Path Forward for Bitcoin Bull Cycle – Here’s When He Thinks It Will End

The head of blockchain analytics platform CryptoQuant thinks Bitcoin (BTC) is only halfway through its current bull cycle. Ki Young Ju tells his 346,000 followers on the social media platform X that BTC’s market cap is growing faster than its realiz

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24/7 World Crypto News

Terra Luna Classic Community Votes on Reactivating IBC, LUNC Price to Rally?

Terra Luna Classic votes on another major proposal to enable interblockchain communication (IBC) with the Osmosis protocol. If approved, the transfers between Terra Luna Classic and Osmosis will be restored as Client ID 07-tendermint-12 on columbus-5 refe

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Floki Inu Frenzy: Memecoin Eyes New Highs As Open Interest Soars

Floki Inu (FLOKI), the Shiba Inu-inspired memecoin, has rocketed into the spotlight with a surge in trading activity and a nearly 20% price increase in the past week. However, experts caution that this “pup-ularity” might be short-lived, fuele

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Blockchain’s Disruptive Impact on Gaming

In our world today, blockchain technology is at the forefront of almost every innovation. A groundbreaking innovation itself, the blockchain was initially associated with cryptocurrencies but is rapidly disrupting other industries. From Finance and he

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Chinese Police Raids Illegal $1.9B USDT Banking Operation: Report

The Chinese police forces have burst a large underground banking operation using the popular stablecoin Tether (USDT) to facilitate transfers of up to 13.8 billion yuan ($1.9 billion). According to a report from local media house Weixin, the Public Securi

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China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets

According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its holdings again

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Microsoft faces multi-billion dollar fine in EU over Bing AI

The Redmond company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27.

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24/7 World Crypto News

These Are The 28 Altcoins Binance Has Invested In But Hasn’t Listed Yet

Binance Labs, the investment arm of Binance, the world's largest cryptocurrency exchange, has been investing in many altcoin projects recently. However, Binance does not yet list many of the altcoins it invests in on its exchange platform. Although B

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24/7 World Crypto News

Web3 Watch: Naked in the metaverse

A new crypto-related lawsuit has landed in the Southern District of New York courthouse.  A California resident named Luke Brown is leading a class action lawsuit against luxury fashion house Dolce & Gabbana over NFTs the company released in 2

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