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Eliza Labs has filed a lawsuit against X Corp, accusing the Elon Musk-owned company of abusing its dominant position to suppress competition and replicate its technology. Key Takeaways: Eliza Labs has sued X Corp for allegedly abusing its platform power to copy proprietary AI technology. The suit claims X demanded a $600K annual license, then…

A total of 92 crypto exchange-traded funds (ETFs) are currently awaiting review from the U.S. Securities and Exchange Commission (SEC), according to recent data from Bloomberg Intelligence, which cites ETF analyst James Seyffart. On August 28, Seyffart published a detailed spreadsheet via X (formerly Twitter) outlining these pending ETF applications, with the majority facing final…

South Korean police have dismantled an international hacking ring accused of stealing nearly 39 billion won ($28.1 million) from some of the country’s wealthiest and most high-profile figures, including BTS member Jungkook. The Seoul Metropolitan Police Agency’s Cyber Investigation Unit announced on the 28th that 16 suspects had been arrested, among them two ringleaders identified…

Crypto billionaire has highlighted ENA as a “once in a century” DeFi play, a testament that there is still bullishness in stall for the Ethena price outlook. While the altcoin has been mostly sidelined amid heightened risk-on appetite as markets prepare for U.S. interest rate cuts, it has rallied over 14% since Hayes’ prediction. However,…

Expectations of a Federal Reserve rate cut have continued to rise recently, injecting new momentum into risky asset markets. Bitcoin (BTC), bolstered by its “digital gold” attributes, has shown signs of a rebound in market dominance. In this context, holders of XRP and Ethereum (ETH), previously the focus of attention, are adjusting their strategies. Some…

Bitcoin is trading near $110,000, and according to JPMorgan, the cryptocurrency may be undervalued compared with gold. In a recent report, the bank said bitcoin’s volatility has dropped sharply, narrowing its gap with the precious metal. The six-month rolling volatility decreased from nearly 60% at the start of 2025 to around 30%, the lowest level…

A number of major crypto exchanges, including Kraken, KuCoin, and HTX, have confirmed plans to list WLFI, a token launched by World Liberty Financial Inc., a project backed by Donald Trump and his family. Key Takeaways: Kraken, KuCoin, and HTX will list Trump-backed WLFI, with trading set to begin September 1. WLFI will serve as…

At the Bitcoin Asia 2025 conference on August 29, Eric Trump delivered one of the event’s most headline-grabbing speeches, declaring that Bitcoin is on track to reach $1 million per coin while describing China as “a hell of a power” in crypto despite its years-long trading ban. Speaking before a packed audience at the Hong…

Amidst the ongoing volatility of the cryptocurrency market, XRP users face a common dilemma: how can they ensure long-term value growth amidst price fluctuations? Siton Mining, a leading global cloud mining platform, has launched a new application, creating an income channel for XRP users and offering new possibilities for the growth of digital assets. XRP:…

Gemini has partnered with Ripple to launch a new XRP credit card, offering US users up to 4% XRP cashback, no annual fee, and a $200 bonus for new users. Designed to bring cryptocurrency rewards to everyday life, from gas stations to grocery stores, the card has already garnered significant attention from the growing “XRP…