Marathon Digital, a Bitcoin mining firm, signed an $80 million agreement with Kenya’s Ministry of Energy and Petroleum to boost the country’s renewable energy infrastructure. Market observers explained that the partnership supports Marathon’s strategy to […]
The Uniswap Foundation announced that on-chain voting for a proposal to establish its new fee mechanism will occur by May 31. This announcement has boosted the value of the network’s native token, UNI, by over […]
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Delaware’s Supreme Court has reversed a ruling from a lower court that dismissed a $100 million lawsuit brought by BitGo against Galaxy Digital following a failed acquisition. In a May 22 filing, the Supreme Court […]
On Wednesday, Fantom Foundation, an entity behind layer-1 (L1) blockchain Fantom, unveiled the launch of Sonic Foundation and Sonic Labs. These new entities will be the main bodies supporting its new L1 blockchain, Sonic. Fantom […]
The past week in decentralized finance (DeFi) was filled with anticipation for the approval of a United States-based spot Ether exchange-traded fund (ETF), as well as concerns about the regulatory landscape of DeFi. Popular decentralized […]
On Thursday, the U.S. Supreme Court delivered a unanimous decision against Coinbase Inc. (COIN), addressing an arbitration dispute that emerged from the cryptocurrency exchange’s 2021 Dogecoin (DOGE) sweepstakes. The 9-0 ruling clarified that a court […]
The Ethereum spot exchange-traded fund (ETF) was approved by the U.S. Securities and Exchange Commission (SEC) on May 23. Despite this long-awaited decision, the price of Ether (ETH) failed to hold above $3,800 on May […]
The Ethereum Foundation will institute a policy on conflicts of interest, executive director Aya Miyaguchi said on May 24. The announcement came in response to controversy in the crypto community over connections between the foundation […]
Chainlink (LINK) price gained 7% on May 24, despite a downturn in the wider cryptocurrency market. Currently priced at $17.04, LINK has seen an impressive 30% increase so far in May, prompting investors to wonder […]
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