FTX Derivatives Play Faces Pushback From Wall Street
Bahamas-based crypto exchange FTX is pushing the Commodities and Futures Trading Commission to grant it a license to offer bitcoin...
Business
Meta Ready to Double Down on Its NFT Bet: Report
Key Takeaways Meta's new head of fintech, Stephane Kasriel, has reaffirmed the social media giant's plans regarding NFTs. Despite the...
85% of merchants see crypto payments as a way to reach new customers: Survey
While the market goes steady, the crypto ecosystem continues to grow as merchants innovate and adopt cryptocurrency payments in their...
Binance CEO Raises Alarm on Chinese Data Breach
Binance CEO Changpeng “CZ” Zhao sounded the alarm on a massive data leak of one billion Chinese residents that went...
Meta signals closure of Novi wallet after a 10-month pilot
Meta’s first foray into the world of cryptocurrencies is set to end in September with the closure of its Novi...
Meta Platforms to Sunset Down Novi Digital Wallet This Fall
The curtain will fall on Meta Platforms’s embattled stablecoin project after a brief run as a tool for money transfers....
Deribit and Blockchain.com Creditors Who Pushed for 3AC Liquidation
Deribit and Blockchain.com exchanges were among the creditors who pushed for the liquidation of embattled crypto hedge fund Three Arrows...
A Response to WEB 3 Benefits Debate By WAM
Nowadays we’re facing major paradigm shifts, faster than we could ever imagine. The question is, should we keep up with...
Grayscale Sues SEC Over Spot Bitcoin ETF Application Rejection
Key Takeaways Grayscale has filed a petition for review before the U.S. Court of Appeals, challenging the U.S. Securities and...
Three Arrows Capital Liquidation Ordered by Court
Teneo Restructuring has been commissioned to manage the liquidation procedure. 3AC has multiple illiquid assets in the form of venture-capital...
Enjoy Zero Swap Fees and Team Farming
Nomiswap provides a decentralized exchange platform with the lowest fees and a binary referral system. Decentralized exchanges have been rising...
Celsius denies allegations on Alex Mashinsky trying to flee US
Troubled crypto lending firm Celsius is putting their best foot forward to recover operations alongside CEO Alex Mashinsky, who currently...
Nexo responds to accusations of stealing donations, siphoning funds from charity
Cryptocurrency lending platform Nexo has hit back at what it called “fake news” and rumors that its founders were part...
ASIC-Backed Loans Worth $4B in Jeopardy as Prices Tank
Loans taken out by crypto mining companies against mining ASICs are under pressure as ASICs drop in value, making the...
Bitpanda announces layoffs citing no compromise on product quality
Austrian crypto and stock trading platform Bitpanda joins the growing list of companies to announce a mass layoff as it...
Solana Unveils Web3 Mobile Phone
Key Takeaways Solana is launching a mobile phone called Saga. Users will be able to download dApps including trading platforms...
Solana Mobile Launches an Android Phone for Web3
Solana Mobile has just released an Android phone that lets potentially billions of users get connected on Web3. Solana Mobile...
Iris Energy to Expand Operations to 4.3 EH/S by Q4 2022
The Sydney-based Bitcoin miner Iris Energy, with sites in British Columbia, Canada, is deploying additional capital to improve its contribution...
Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market Downturn
Canadian crypto mining giant Bitfarms has reneged on its hodling strategy and is instead selling 3,000 bitcoins for $62 million...
ProShares Wants You to Short Bitcoin Through Its New ETF
Key Takeaways ProShares will launch the first Bitcoin short ETF on Jun. 21. The ETF will allow investors to hedge...
Bitpanda cryptocurrency exchange scores registration in Spain
Bitpanda, an Austrian cryptocurrency exchange that was valued at $4.1 billion last summer, has received registration as a digital currency...
Crypto lending can still survive bear market, analyst says
The ongoing bear market on cryptocurrency markets is too harmful to industry lenders, but the concept of crypto lending can...
