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Early Ethereum Adviser Sues Law Firm for $100M Over Crypto Extortion Defense
September 09, 2024 11:20 PM AEST| By Team Kalkine MediaSteven Nerayoff, an early adviser to the,{Ethereum} (ETH),network, has filed a lawsuit against the law firm Covington & Burling, alleging that the firm mishandled his defense in a 2019 extortion case. The lawsuit, initiated on September 6, 2024, in t...
Brad Garlinghouse: Demand for Japanese Yen Stablecoins Inevitable
September 09, 2024 11:19 PM AEST| By Team Kalkine MediaBrad Garlinghouse, CEO of Ripple, has highlighted Japan as a promising market for stablecoins, noting the country's favorable regulatory environment. In an interview with Bloomberg, Garlinghouse expressed confidence in the demand for a Japanese yen-b...
Kalshi Secures Major Victory Against CFTC
September 09, 2024 11:18 PM AEST| By Team Kalkine MediaA recent court decision has allowed Kalshi, a prediction market platform, to offer derivatives for betting on the upcoming U.S. presidential election. This development follows a ruling by Judge Jia Cobb of the U.S. District Court for the District of...
Crypto Firm CEO Resigns After Armed Robbery of Company Funds
September 09, 2024 11:17 PM AEST| By Team Kalkine MediaNick Drakon has resigned as CEO of Revelo Intel, a,{crypto},research and education platform, following a violent incident in which he was reportedly held at gunpoint and coerced into transferring personal, company, and investor funds. Drakon, who has...
Ethereum Whale Makes $16M Purchase in This Token!
September 09, 2024 11:15 PM AEST| By Team Kalkine MediaThe,cryptocurrency,market's inherent volatility has led to significant financial setbacks for a notable figure. Machi Big Brother, a prominent influencer and advocate for Ethereum,[ETH],with a substantial following on X, is currently facing severe fi...
Japanese Power Giant Tepco Explores Sustainable Bitcoin Mining
September 09, 2024 11:14 PM AEST| By Team Kalkine MediaA subsidiary of the Tokyo Electric Power Company (Tepco), Agile Energy X, is exploring Bitcoin mining as a method to utilize otherwise wasted renewable energy. The Tokyo-based company is focused on leveraging surplus solar energy to power its,{Bitcoi...
Bianco Research CEO: Bitcoin ETFs Require Time for Widespread Adoption
September 09, 2024 11:03 PM AEST| By Team Kalkine MediaJim Bianco, CEO of Bianco Research, has suggested that Bitcoin exchange-traded funds (ETFs) in the United States, which began trading earlier this year, will need more time to become significant tools for broader adoption rather than remaining niche...
Sybil Hunt and Engaged Users Drive LayerZero Airdrop Success
September 09, 2024 11:01 PM AEST| By Team Kalkine MediaLayerZero's native token, ZRO, has significantly outperformed the tokens of other projects such as ZKsync and Starknet, which were also introduced through airdrops around the same period. Bryan Pellegrino, CEO of LayerZero Labs, attributed the strong...
Is Crypto Entering a Bear Market? Key Bitcoin Updates This Week
September 09, 2024 10:57 PM AEST| By Team Kalkine Media{Bitcoin} (BTC),begins the new week maintaining key support levels amid anticipated macroeconomic volatility. BTC/USD closed at approximately $54,000 over the weekend, giving traders cautious optimism for short-term price movements. This week is set...
Bitcoin ETFs See $1.2B in Outflows Over 8 Days
September 09, 2024 10:56 PM AEST| By Team Kalkine MediaDespite recent significant outflows, cryptocurrency exchange-traded funds (ETFs) have distinguished themselves in the 2024 market. Data from Bloomberg indicates that the 11 U.S.-based spot Bitcoin ETFs experienced a notable $1.2 billion in net outflo...
Nigeria's SEC to Intensify Oversight of Unregulated Crypto Exchanges
September 09, 2024 10:53 PM AEST| By Team Kalkine MediaNigeria’s Securities and Exchange Commission (SEC) is set to enforce regulations on cryptocurrency businesses operating without proper oversight, aiming to protect participants in the digital asset market while fostering innovation.,Emomotimi Agama,...
XRP Forecasted for Significant Increase, According to Latest Technical Insights
September 09, 2024 10:50 PM AEST| By Team Kalkine MediaA recent technical review by Cointelegraph has generated discussion regarding XRP's trajectory, suggesting it may approach $4.20.,The review noted that while the broader,cryptocurrency,sector has experienced notable growth in 2024, XRP has underperfo...
Starknet Minting Vote to be Gasless with New Governance Protocol
September 09, 2024 10:49 PM AEST| By Team Kalkine MediaSnapshot X, a new governance protocol leveraging Starknet's rollup technology, introduces gasless onchain voting for decentralized autonomous organizations (DAOs) and blockchain communities, marking a significant advancement in governance processes.,...
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Hybrid Crypto Exchange GRVT Secures $3.3B Monthly Volume Commitment
September 09, 2024 10:47 PM AEST| By Team Kalkine MediaCryptocurrency exchange GRVT has secured a significant commitment of $3.3 billion in monthly trading volume from 16 major market makers, ahead of its planned mainnet launch in the fourth quarter of 2024. This commitment comes from prominent market ma...
Elon Musk Denies Tesla Will Fund xAI for AI Partnership
September 09, 2024 10:37 PM AEST| By Team Kalkine MediaElon Musk, owner of the social media platform X, has addressed recent reports regarding his artificial intelligence startup, xAI, and its potential relationship with Tesla. A Wall Street Journal article had suggested that xAI was in discussions to sh...
Elon Musk Denies Tesla Will Fund xAI for AI Partnership
September 09, 2024 10:35 PM AEST| By Team Kalkine MediaElon Musk has recently suggested the possibility of taking on a new government role if former President Donald Trump wins the U.S. presidential election in November 2024. Musk's comments, made through a meme on the social media platform X, humorously...
Binance Subsidiary Tokocrypto Obtains Full License in Indonesia
September 09, 2024 10:32 PM AEST| By Team Kalkine Mediadonesian cryptocurrency exchange Tokocrypto has been granted a full license by the Commodity Futures Trading Regulatory Agency of Indonesia, known as Bappebti. On September 9, Tokocrypto announced it has received the Physical Crypto Asset Trader (PFA...
NIB Holdings (ASX:NHF) FY24 results: Revenue Jumps 9.3%, Profit Soars 67.4%
September 09, 2024 10:29 PM AEST| By Team Kalkine MediaHighlights,NIB Holdings is an ASX-listed health insurance services provider with operations across Australia and New Zealand,In FY24, NHF’s revenue increased by 9.3% YoY to AUD 3.3 billion,The Vanguard Group, Inc. has the maximum stake in the firm wi...
Every Shiba Inu Dip Could Signal the Next Major Upswing, Warn Market Observers
September 09, 2024 10:26 PM AEST| By Team Kalkine MediaThe current market downturn has significantly impacted Shiba Inu, a,cryptocurrency,, hampering its progress and preventing it from advancing beyond its current price range. Over the past week, the dog-themed token has remained within the $0.000013 te...
Ethereum Hits 4-Month High in Wallet Creation on Quiet Sunday
September 09, 2024 10:13 PM AEST| By Team Kalkine MediaDespite an increase in network activity, Ethereum's price remains below $2,300, hovering around a declining support trendline. The current,cryptocurrency,market conditions pose the question: will Ethereum experience a recovery or decline further to $...
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