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2 years, 1 month ago
GMX and Bitget Wallet Collaborate to Enhance Decentralized Trading Experience
GMX, a decentralized perpetual futures trading protocol, has collaborated with Bitget Wallet to integrate it as a recommended wallet for accessing the GMX platform. This collaboration marks the beginning of…
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2 years, 1 month agoXRP Price Drops After Whale Sells 28.5 Million Tokens
XRP saw a surge in price over the weekend, reaching above $0.54, but the euphoria was short-lived as the altcoin saw a drawdown that brought it back to the $0.50 level. The decline was likely due to a large whale…
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2 years, 1 month agoComposable Pioneers Inter-Blockchain Communication Expansion Across Cosmos, Polkadot, and Web3 Ecosystems
Composable is presenting at Cosmoverse’23 as a Keynote Speaker and Diamond Sponsor, in collaboration with Polkadot and the Web3 Foundation. The Composable team is building the infrastructure and necessary p…
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2 years, 1 month agoEthereum Users Lose Funds in Friend.Tech Hacks
Friend.Tech, a platform for Ethereum users, has recently come under scrutiny due to a wave of reported compromised accounts and the subsequent loss of funds through SIM-swap attacks and hacks. Victims of the…
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2 years, 1 month agoGovernor of Banco de Portugal Calls for Global Crypto Regulation Framework
Mário Centeno, Governor of Banco de Portugal, has called for international cooperation to create a “robust framework” for regulating and supervising crypto assets and decentralized finance (DeFi). He believes that…
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2 years, 1 month agoVisa Launches $100 Million Generative AI Fund to Invest in Commerce and Payments
Visa, a global payment giant, has announced a new $100 million generative AI initiative to invest in companies focused on developing AI technologies and applications related to commerce and payments. Generative AI…
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2 years, 1 month agoSEC Must Reach Verdict on Bitcoin ETFs by Mid-March, Bloomberg Analyst Boosts Odds to 95% by 2024
The United States Securities and Exchange Commission (SEC) is expected to reach a final verdict on the seven firms in question by mid-March. Eric Balchunas, an ETF analyst at Bloomberg, has adjusted the probability…
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2 years, 1 month agoBinance Assists Thai Police in Dismantling Criminal Networks
Binance, the world’s leading blockchain ecosystem and digital asset infrastructure provider, recently assisted the Royal Thai Police in two major operations to dismantle criminal networks engaged in crypto scams. I…
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2 years, 1 month agoBinance and CEO CZ Face Class-Action Lawsuit Over Alleged Market Manipulation
A class-action lawsuit has been brought against Binance.US and its CEO, Changpeng Zhao, accusing them of attempting to monopolize the cryptocurrency market and negatively impacting competitor FTX. The lawsuit…
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2 years, 1 month agoClass Action Lawsuit Accuses Binance of Market Manipulation
Binance, the world’s largest cryptocurrency exchange, and its CEO Changpeng Zhao (CZ) are facing a class action lawsuit in California federal court. The lawsuit was filed by an FTX user who lost assets when FTX c…
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2 years, 1 month agoLow Trading Volumes for Ethereum Futures ETFs Despite Launch
On October 2, nine Ethereum futures ETFs were launched in the US, but initial trading volumes were low according to industry experts. Eric Balchunas, a Bloomberg ETF analyst, said that the volume was “pretty m…
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2 years, 1 month agoCoinbase to Delist 80 Non-USD Trading Pairs to Improve Market Health
Coinbase, one of the leading cryptocurrency exchanges, announced that it will delist 80 non-USD trading pairs from Coinbase Exchange, Advanced Trade, and Coinbase Prime on October 16, 2023. The delisting is…
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2 years, 1 month agoFriend.Tech Platform Records Over $352 Million Inflow, Attracts Mainstream Users
Friend.Tech is an upcoming web3 platform that allows users to monetize their social connections. Since its inception, the platform has recorded significant traction and has facilitated over 9.2 million cumulative…
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2 years, 1 month agoSygnum Singapore Receives Crypto Brokerage License from MAS
Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, has been granted a license to offer crypto brokerage services to accredited investors and institutions in Singapore. The Major Payment…
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2 years, 1 month agoSEC Approves First Ether ETFs in US, But Handelsvolumen Remains Low
The US Securities and Exchange Commission (SEC) has approved the first Ether-based exchange-traded funds (ETFs) in the US, making the second-largest cryptocurrency by market capitalization more accessible to…
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2 years, 1 month agoTYRION Announces Strategic Move to Build Advertising Platform on Coinbase's Base Chain
TYRION, a trailblazer in decentralized advertising, has announced its strategic move to build its advertising platform on Coinbase’s Base Chain. This move is intended to revolutionize and decentralize the $377 B…
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2 years, 1 month agoCoinecta Launches Decentralized Web3 Launchpad for Cardano Ecosystem
Coinecta, a decentralized Web3 launchpad, has announced its entrance into the Cardano ecosystem. The platform offers a middleman-free fundraising model for cryptocurrency protocols, with its core native…
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2 years, 1 month agoChainalysis Announces Layoffs to Focus on Government Clients
Chainalysis, a blockchain sleuth company valued at $8.6 billion last year, has announced a layoff of approximately 150 of its 900 staff members. This follows a smaller layoff of 4.8% of staff back in February. CEO…
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2 years, 1 month agoSilvergate Bank Collapses After Over-Dependence on Crypto Deposits, Ineffective Management
Silvergate Bank, a crypto-friendly institution, collapsed this year due to its over-dependence on risky crypto deposits and nepotism that led to ineffective management, according to the Federal Reserve’s Office o…
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2 years, 1 month agoHong Kong Crypto Activity Could Provide East Asia 'Tailwind'
Recent advancements in Hong Kong’s crypto space could provide a potential boost to the East Asian region, which has been largely affected by a China-wide ban on crypto trading activities since 2019. According to a…
