Author: WebDesk

Gemini has struck a tentative deal with the U.S. Securities and Exchange Commission, potentially ending a high-profile lawsuit over its Earn lending program. Summary Gemini and SEC reach tentative settlement over Earn lending program. Settlement follows Genesis’ bankruptcy, which froze $900M in customer assets. Announcement comes days after Gemini’s $425M IPO and strong market debut. According to a recent court filing in Manhattan federal court, lawyers for both the SEC and Gemini, now operating as Gemini Space Station, said they had reached a settlement “in principle” to resolve the lawsuit tied to Gemini Earn fully.  The filing asked U.S. District…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Wall Street veteran Jordi Visser told reporters that US traditional finance firms are likely to raise their Bitcoin allocations before the end of the year. He expects demand to pick up in Q4 as portfolio managers set positions ahead of 2025. Some managers will make small moves; others could shift larger slices of their holdings into BTC, Visser said. Institutional Survey Signals Strong Bitcoin Interest According to a joint Coinbase and EY-Parthenon survey, a large share of institutional investors plan to add crypto exposure in 2025. The…

The Shibarium network, a layer-two scaling solution on the Ethereum (ETH) chain and focused on the Shiba Inu project, has suffered a major blow. Earlier on Monday, the Shiba Inu team announced that it is no longer endorsing the Shibarium network.Why Is Shibarium no Longer Supported By Shiba Inu?According to the announcement, the Shiba Inu ecosystem is best represented by Ryoshi’s vision of decentralization, true utility, and fairness for all holders. The recent Shibarium network attack, in which the team responded with 4.6 million tokens freezing, has raised eyebrows on the decentralization of the Shibarium ecosystem.“As we said before: we…

The Shiba Inu community is on high alert after a major compromise of the Shibarium bridge over the weekend. What began as reports from blockchain security firm PeckShield quickly escalated into a confirmed attack involving validator key leaks, flash loans, and malicious state changes. Developers have scrambled to contain the breach by freezing 4.6 million BONE tokens, but the situation has revealed vulnerabilities in the security of Shiba Inu’s infrastructure and has had an impact on Shiba Inu’s short-term price action. Developer Confirms Attack Details Taking to the social media platform X, Shiba Inu developer Kaal Dhairya revealed that the…

Shiba Inu (SHIB) breached the $0.00003 mark on two occasions in 2024, but has struggled to do so in 2025. The popular memecoin climbed to $0.00003629 on Mar. 6, 2024, and $0.00003284 on Dec. 5, 2024. Since December, SHIB’s price has seen a gradual decline, falling to $0.00001 in June of this year. Despite its incredible popularity, Shiba Inu (SHIB) has struggled to gain momentum this year. While Bitcoin (BTC), Ethereum (ETH), XRP, and BNB are hitting new peaks, SHIB is still stagnating. Let’s discuss if the popular memecoin can reclaim the $0.00003 mark by the end of this year.Is…

Bitcoin Price closed last week at $115,390, briefly breaching the $115,500 resistance level as it pushed into the weekend, only to dip back down and close the week out just below it. Last week produced a strong green candle for the bulls, maintaining upward momentum into this week.  The U.S. Producer Price Index came in well below expectations on Wednesday morning last week, giving market bulls hope for the impending rate cut decision by the Federal Reserve.  U.S. inflation data the following morning was lukewarm, however, as it registered at 2.9%, as expected, but higher than the previous month’s reading…

A bold new SEC agenda is taking shape, as the agency slashes aggressive penalties, targets real fraud, and champions clear crypto rules to keep innovation stateside. Paul Atkins Rejects Gensler’s Aggressive Fines in Favor of Predictable Enforcement The U.S. Securities and Exchange Commission (SEC) is shifting its enforcement priorities under the leadership of chair Paul […] Credit: Source link

Boundless has officially activated its mainnet, transitioning its protocol for verifiable compute from beta to a live production environment to test its core thesis that blockchains can finally mirror the internet’s scaling model. Summary Boundless launches its mainnet, introducing Proof of Verifiable Work and ZK Coin (ZKC). The network rewards provers for generating verifiable computation instead of traditional block mining. Over 2,500 provers and 411,000 participants joined during Mainnet Beta, with $71M raised in the Kaito sale. In an announcement on September 15, Boundless confirmed the activation of its mainnet, marking the shift from last year’s beta into full production.…

Some names never go out of fashion, and in the world of blockchain, Zilliqa remains one of them. Known as the first public blockchain to implement sharding, Zilliqa has long been a pioneer in scalable Layer 1 infrastructure. With the rollout of Zilliqa 2.0 and an upgraded mainnet, the platform is on its mission to bridge institutional finance and DeFi. With over $50 million in digital assets under treasury management and a focus on developer accessibility, regulatory compliance, and enterprise-grade performance, Zilliqa is evolving into a blockchain built for speed and real-world adoption. Today, we sat down with Alexander Zahnd, Interim CEO…

September is shaping up as a defining month for Dogecoin, Solana, Chainlink and especially Remittix. Dogecoin is drawing strong institutional interest ahead of its first U.S. ETF,  Solana is pushing infrastructure and DeFi growth, and Chainlink is expanding with real-world data contracts. Meanwhile, Remittix is offering a 15% USDT referral program, a $250,000 giveaway, and there is its wallet beta launch, the first working product in the Remittix ecosystem. Holding all four could offer both stability and high upside this month.Dogecoin: Meme Icon Turning InstitutionalDogecoin (DOGE) has regained momentum with the upcoming REX Osprey DOGE ETF, which is expected to start…