Argentina’s President Javier Milei is facing impeachment threats after endorsing a cryptocurrency called LIBRA, purportedly intended to support small businesses, which instead crashed and lost billions of dollars in value within hours, according to Reuters. In a now-deleted late Friday post on X, Milei promoted LIBRA as a privately run project designed to raise money […]

Wrapped AVAX (WAVAX) has seen a surge in wallet accumulation on the Avalanche blockchain, even as its price dropped more than 4% over the past 24 hours, data from TheTie shows. A total of 3,898 wallets added to their WAVAX holdings today—nearly twice the recent average of 1,600, the data shows. A wrapped token is […]

The cryptocurrency exchange and wallet provider Blockchain.com has taken new steps toward a potential initial public offering (IPO) by appointing two seasoned executives with financial and operational expertise. Blockchain.com hired Justin Evans, who previously worked at Goldman Sachs, as its new chief financial officer, Bloomberg reported. It also appointed Mike Wilcox, previously CFO of Velocity […]

Attorneys for the U.S. Securities and Exchange Commission hinted at a potential settlement with Coinbase in a late Friday court filing, citing the regulator’s new crypto task force. The SEC asked a federal appeals court to extend its deadline to respond to Coinbase, which filed an appeal of a federal judge’s ruling last month. District […]

The SafeMoon team is planning on launching a memecoin on Solana (SOL) on Saturday at 1:00 AM UTC. The team has burned 2.2 trillion SFM tokens across the Ethereum, Polygon and Binance Smart Chain networks, the VGX Foundation told CoinDesk. In total, almost the entirety of the Ethereum and Polygon supplies have been eliminated, as well […]