Binance US Launches a 6% APY Ethereum Staking Service
On September 7th, Binance.US announced the launch of an Ethereum Staking service, offering its users an initial annual percentage yield (APY) of 6%. According to the Binance.US blog post, this…
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Former BlackRock Executive Becomes Blockchain Australia’s New CEO
Blockchain Australia – an industry body representing Aussie businesses and individuals participating in the crypto industry – announced the appointment of Laura Mercurio as its next Chief Executive Officer. She…
Bybit Responds After Brazil Watchdogs Bars the Exchange From Brokering Securities
Singapore-based cryptocurrency exchange Bybit said it is taking necessary steps to ensure that it understands the requirements of the Securities and Exchange Commission of Brazil (CVM) with respect to its…
Liquidity Issues Force Poolin to Suspend Withdrawals, Flash Trades, and Swaps
Crypto mining pool service provider Poolin becomes the latest casualty of panic withdrawals that left several crypto platforms with serious liquidity issues forcing them to halt withdrawals, among other services. …
Ethereum is Not Money: Arthur Hayes
Former BitMEX CEO Arthur Hayes recently explained why he believes Ethereum does not qualify as money – whereas Bitcoin does. He touched on the deflationary economics surrounding the upcoming Ethereum…
Ahead of the Merge, SEBA Bank Launches Ethereum Staking for Institutional Investors
Swiss-regulated SEBA Bank on Wednesday launched Ethereum staking for institutional investors. The development comes only days before the much-anticipated Merge that will transition the second-highest valued blockchain network to Proof…
Avalanche DeFi Staking Platform Suffers Flash Loan Attack
Avalanche-based DeFi staking platform – Nereus Finance – suffered a flash loan arbitrage attack. Decentralized exchange (DEX) Trader Joe and DeFi platform Curve Finance are also believed to have been…
Over $350M in Liquidations Daily as Bitcoin Dumped Below $19K
The liquidations on a daily scale are on the rise once again after the recent market stagnation as BTC, and most altcoins turned red. Ethereum erased all of its recent…
Law Firms Request Disqualification of Roche Freedman From Tether-Bitfinex Case
After one of its Founding Partner – Kyle Roche – made some astonishing claims in an inebriated state, two other law firms – Kirby McInerney LLP (Kirby) and Radice Law…
KuCoin Identifies Inaccurate Information in Acala’s Community Proposal
Acala – one of the first Polkadot parachains – recently rolled out a yield-bearing liquidity pool for aUSD and a form of wrapped bitcoin, which contained a bug that was…
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