The Pi Network price continues to face downward pressure as uncertainty surrounding the project’s mainnet launch grows. On Friday, the Pi Core Team announced another extension to the grace period for the Know-Your-Customer (KYC) verification deadline, further fueling concerns among investors and community members. The new deadline for completing the KYC process has been pushed […]

In a recent announcement, the Pi Core Team has revealed a significant extension to the Grace Period for both KYC (Know Your Customer) verification and Mainnet migration. Originally set to expire on January 31, 2025, the deadline has now been extended to February 28, 2025. This decision reflects the team’s commitment to ensuring that all […]

Dr Disrespect’s Deadrop, the highly anticipated NFT-driven game from Midnight Society, has officially been shut down after three years of development. The closure of the game studio, co-founded by the popular video game streamer Guy “Dr Disrespect” Beahm, marks the end of an ambitious project that was initially met with much fanfare and community interest. […]

Errol Musk, the father of tech mogul Elon Musk, and his business partner Nathan Browne have launched a new meme coin called Musk It (MUSK), aiming to raise between $150 million and $200 million to fund a for-profit scientific institute, the Musk Institute. This institute will focus on advancing various scientific endeavors, including the development […]

The surge in Bitcoin exchange-traded funds (ETFs) in the U.S. has been remarkable, with significant inflows recorded on January 30, marking a major shift in investor sentiment. The inflows into Bitcoin ETFs saw a substantial jump of nearly 540% from the previous day, with the 12 spot Bitcoin ETFs attracting a total of $588.22 million […]

Tether has announced a major development that will bring its stablecoin USDT directly to Bitcoin’s infrastructure, significantly enhancing the speed and efficiency of transactions by leveraging the Lightning Network. On January 30, at the Plan B Conference in El Salvador, Tether revealed that it would integrate USDT into both Bitcoin’s base layer and its Lightning […]

The Czech National Bank (CNB) is moving forward with a study to assess the feasibility of holding Bitcoin as part of its reserves. This development comes after a proposal by CNB Governor Aleš Michl, who advocated for diversifying the bank’s investment portfolio by allocating part of its €140 billion ($145.6 billion) in reserves to Bitcoin. […]

Christine Lagarde, the President of the European Central Bank (ECB), reiterated her stance that Bitcoin is not suitable for use as a reserve asset. Despite the growing trend of sovereign entities and institutional investors exploring Bitcoin as a potential hedge against inflation, Lagarde maintained her skepticism during a media conference on January 30. She stated […]

Kraken has reinstated its cryptocurrency staking services for customers in 39 eligible U.S. states, nearly two years after a legal settlement with the U.S. Securities and Exchange Commission (SEC). In February 2023, Kraken agreed to pay a $30 million fine to resolve charges that it violated securities laws by offering staking services without proper registration. […]

Circle has officially launched native USD Coin (USDC) on the Aptos mainnet, marking a significant milestone for both the stablecoin issuer and the Aptos blockchain. This integration allows USD Coin to be used natively on Aptos, which means developers and users can directly utilize the stablecoin on the network without relying on cross-chain bridges. The […]