Texas securities regulators have issued an emergency cease-and-desist order against Abra, alleging that the crypto lender has been insolvent since March 31, 2023, and engaged in securities fraud, while misleading the public.
It has been estimated by the cryptocurrency exchange that a sum of $45.5 million in cash will suffice to redeem the instruments.
Bitcoin experienced a decline of over 10% as the Federal Reserve declared its intention to discontinue its rate hike cycle, leading to significant disruption in financial markets.
June presents promising growth opportunities for digital currencies, making it crucial for investors to stay up-to-date with market trends and movements.
On Thursday, Polygon Labs, a platform for scaling Ethereum, unveiled an accessible database that presents favorable examples of blockchain’s application on any program worldwide.
Celsius, a bankrupt cryptocurrency lender, has filed a reorganization plan after its acquisition by the Fahrenheit crypto consortium and is awaiting approval from a New York bankruptcy court.
CISA urgently evaluates the effects of a cyberattack suspected of exploiting a common software weakness.
BlackRock has applied for permission from the SEC to launch the iShares Bitcoin Trust, a spot bitcoin ETF that would provide investors with easy access to cryptocurrency through a product from one of Wall Street’s largest firms.
Ethereum Blast is a free-to-play mobile game that offers cryptocurrency rewards and provides a relaxed gaming experience through simple color-matching puzzle stages.
Black & White Burger in Belgium now accepts cryptocurrency payments at all its outlets and offers an exclusive “mystery burger” to customers who pay using crypto.
