Crypto News

SEC Agrees to Drop Lawsuit Against Binance and Founder CZ: Court Filing

The SEC is pulling out of yet another crypto case, filing to dismiss its ongoing litigation against Binance and founder Changpeng Zhao.Source link

DeFi Dev Corp. Becomes First Public Company to Integrate Solana Liquid Staking Into Treasury Strategy

DeFi Development Corp. has become the first publicly traded company to adopt Solana-based liquid staking tokens (LSTs), integrating Sanctum’s technology to enhance its SOL treasury management and validator operations. Sanctum Partnership Sees DeFi Dev Corp. Embrace Solana LSTs DeFi Development Corp. (Nasdaq: DFDV) has announced the adoption of liquid staking token (LST) technology, marking aSource link

Bitcoin Slides Below $106K; Analyst Sees Ether Breakout Looming

Bitcoin BTC quietly slid to its weakest price in nine days on Thursday afternoon as crypto markets cooled off after a multi-week rally from the April lows.The top cryptocurrency hit a session low of $105,750 before rebounding to just above $106,000. It was down 1.5% in the last 24 hours, but still only 5% away from record high levels.The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization except for exchange coins, memecoins and stablecoins — has slumped 0.9% in the last 24 hours, with solana SOL and avalanche AVAX underperforming BTC with losses of 1.8% and 2%, respectively. Meanwhile, Ethereum's ether ETH and XRP XRP defied the downtrend with 1%-2% gains.Crypto stocks have had a...

Litecoin Integrates BitcoinOS for ZK Rollup, Cross-Chain Utility

BitcoinOS has revealed deploying a zero-knowledge (ZK) rollup for Litecoin, by leveraging its BitSNARK verifier on the new LitVM infrastructure to enable trustless cross-chain functionality between Litecoin and Bitcoin. ZK Tech Connects Bitcoin and Litecoin via BitcoinOS The smart contract operating system BitcoinOS (BOS) unveiled the ZK rollup solution at the Litecoin Summit on MaySource link

GameStop Stock Price Continues Sinking After $512 Million Bitcoin Buy

Another day, another dip for GameStop: GME is still falling after the firm disclosed its first big Bitcoin buy on Wednesday.Source link