FTX US Aims to Be an All-in-One Investment Platform, Said the Pesident
The US arm of the cryptocurrency exchange, FTX, has experienced exponential growth since its launch at the end of 2020. In less than 18 months, its user base has increased…
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Fed Vice-Chair Presses for CBDC in US Amidst Market Stress
In a testimony before the Committee on Financial Services, Brainard called for “clear regulatory guardrails” to provide consumer and investor protection, uphold financial stability, and ensure a level playing field for…
Former Binance Executives Launch $100M Fund for Blockchain Startups
Former senior executives at the leading crypto exchange, Binance, recently unveiled a $100 investment fund targeted at investing in Web 3.0 and blockchain projects. According to a Thursday press release…
1inch Network Partners With Binance-Backed Travala
1inch Network – the decentralized exchange aggregator platform – has announced a partnership with Travala. As part of the latest step, the Binance-backed travel agency will add the 1INCH token…
Scam LUNA 2.0 Tokens are Already Running Wild
PeckShield – blockchain security and data analytics company – has identified scammers sending so-called “Wrapped LUNA 2.0” tokens to high profile Ethereum addresses. The ploy is meant to imitate the…
Cathie Wood’s ARK Invest Files for Another Bitcoin Spot ETF
ARK Investment Management, the firm led by prominent fund manager Cathie Wood, has filed for another spot Bitcoin (BTC) exchange-traded fund – ARK 21Shares Bitcoin ETF. The SEC has until…
Over $370M Liquidated in a Day as Bitcoin Price Slumps to $28K
The number of liquidated traders has neared 100,000 on a daily scale as the total value of liquidations skyrocketed to over $350 million in the same timeframe. This comes as…
Twitter Shares Soared as Musk Increased his Personal Stake in the Deal
The CEO of Tesla and SpaceX – Elon Musk – increased his personal financial commitment to the Twitter acquisition to $33.5 billion. The initiative moved the entrepreneur closer to purchasing…
Tether Launches Mexican Peso-Backed Stablecoin on Ethereum, Tron, Polygon
Tether announced the launch of a new type of a stablecoin, backed by Mexico’s national currency. Initially, MXNT will be available on three main blockchains – Ethereum, Tron, and Polygon.…
Avalanche Invites BAYC’s Otherside to Move Onto its Subnets
Layer one (L1) protocol Avalanche asked ApeCoin DAO to consider launching the renowned metaverse project, Otherside, on its layer-two subnet, touting its strengths in rapid transaction processing, higher throughput, scalability,…
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