In the turbulent world of crypto, even well-established players face hard times. Voyager Digital, a once-thriving cryptocurrency brokerage, now facing bankruptcy, is set to pay over $1 million for leg...
News
FTX Suspends Sale of $500M Stake in Anthropic
The people familiar with the matter noted that interested buyers in the Anthropic stake signed non-disclosure agreements before the announcement that FTX was pausing the sale. Bankrupt crypto exchange...
EU finalizes controversial smart contract kill switch rules under Data Act
European Union (EU) lawmakers have reached an agreement to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. The deal was confirmed b...
KuCoin Strengthens Security and Compliance with Mandatory KYC Upgrade
KuCoin will enforce mandatory KYC authentication rules starting from July 15, 2023. Newly registered users must complete the KYC process to access KuCoin products. Non-KYC users registered before July...
Stellar (XLM) up 9% to Lead Altcoin Growth, Here’s Reason
Godfrey Benjamin Stellar makes emphatic push to bolster scalability as price jumps 9% Contents What’s new on Stellar? Blockchain scalability: Need to get it right As the broader digital currency...
Solana, BNB, and the Rise of Caged Beasts Coin
As the bull market of 2023 sets the stage for altcoin enthusiasts, investors are eagerly seeking the best opportunities to maximize their returns. In this article, we take a closer look at three notew...
Prime Trust accused of using customer funds to cover lost deposits
Troubled cryptocurrency trust Prime Trust has been accused of using customer funds and venture capital to cover lost deposits, according to court documents filed by Nevada’s Financial Institutions Div...
Bitcoin Miners Sent Over $1B From their Reserves to Derivative Exchanges Amid Bullish Outlook
The Bitcoin market continued to consolidate slightly above $30.3k on Wednesday with a continuation rally eagerly anticipated. The Bitcoin ETF frenzy continued with $4.2 trillion investment firm Fideli...
zkSync launches zkStack as foundation for Zero Knowledge development
In a significant step forward for the development of Zero-Knowledge (ZK) technology, an innovative field pertaining to privacy and security in digital transactions, zkSync has announced the launch of ...
Swiss National Bank introduces CBDC pilot
The Swiss National Bank (SNB) will pilot a wholesale CBDC on the Swiss SIX digital exchange. It was announced by the chairman of the SNB at a conference on Monday that the central bank will pilot a wh...
Why The Customers Must Come First
Shopaholic customer sitting on sofa unpack parcel. getty There are many important factors that merchandisers must focus on. However, the most important one is applying your knowledge of what your cust...
TUSD Depegs Due to Controversial Auditor
The stablecoin TrueUSD (TUSD) has yet again surrounded itself with controversy resulting in a depeg on the Binance.US exchange. Ironically, stablecoins often make headlines for not being stable. Now T...
EDX Markets Withdraws Plans to Use Paxos as Custodian (Report)
The recently-launched cryptocurrency exchange EDX Markets will reportedly not rely on Paxos to serve as a custodian. According to rumors, the entity is in final talks with Anchorage Digital, which cou...
Price and crypto news: MANA, CRO, Shiba Inu
Welcome to the latest update on the news and prices of the most interesting crypto assets of the moment: Decentraland (MANA), Cronos (CRO), and Shiba Inu (SHIB). In this article, we will take a close...
Bitcoin Price Rally Stalls For Now, Here’s Why
After the Bitcoin price hit a new yearly high of $32,410 last Friday, June 23, the price rally has stalled for the time being. While the long-term outlook looks extremely bullish due to various Bitcoi...
TUSD Depeg Due To TrueUSD Reserves Audited By FTX.US Collapsed
Key Points: TrueUSD’s Reserve Certificate has been audited by the former FTX.US accounting team. The Network Firm, formerly known as Armanino and worked with Sam Bankman-Fried (SBF) for FTX.US to perf...
Australia Acts on De-Banking of Crypto Entities, Supports Some Policy Recommendations
Blockchain Australia’s commitment came after hosting a “Stopping Scams Roundtable” involving 28 representatives, as well as observers from the Australian Securities and Investments C...
Prop Trading vs. Hedge Funds — What’s the Difference?
The main difference between prop trading vs. a hedge fund is that prop trading firms use the company’s own money to trade, while hedge funds use customer deposits. It’s important to note here that co...
Web3 Firms Spending Massive $25M to Secure Crypto License in Hong Kong
As the Hong Kong regulators started floating the VASP licenses earlier this month, Web3 firms have been spending a bomb in securing these licenses. Hong Kong regulators have been making every push to ...
Cronos X Caldera: Delivers blockchain scalability
Cronos recently announced joining hands with Caldera for blockchain scalability. The network will use its rollup technology to reach scalability. The partnership was announced on the official Twitter ...
WebX Conference Welcomes Distinguished Guests: Japan PM, Yuga Labs CEO, Kabosu (Doge), Desdemona (AI Robot)
WebX, Asia’s leading Web3 conference (July 25-26), is thrilled to announce the participation of more esteemed guests at this year’s event: Japan prime minister Fumio Kishida, Yuga Labs CEO Daniel Aleg...
Stellar (XLM) Records 300% Spike In Daily Trade Volume Amid Bullish Sentiments
The Stellar XLM market recorded a sharp uptick in daily traded volume on Wednesday amid the macro crypto downturns. The veteran crypto asset gained more than 30 percent in the past two weeks to trade ...
Medical Supply Startup Bttn Struggles In A World Of Established Brands
Disposable syringes. (Photo by INA FASSBENDER/AFP via Getty Images) AFP via Getty Images Convincing healthcare professionals to break off relationships with their longtime distributors has proven to b...
GBTC charges forward, 33% discount marks narrowest gap in over a year
Quick Take The Grayscale Bitcoin Trust (GBTC) discount to NAV continues its contraction, currently standing at -33%. This represents the narrowest it has been for over a year, reflecting a potentially...
European Commission Publishes EU Digital Euro Bill Featuring Privacy Controls, Offline Guarantee
“A digital euro would also enhance the integrity and safety of the European payment system at a time when growing geopolitical tensions make us more vulnerable to attacks to our critical infrastructur...
UK Commission Calls Crypto Digital Property
The UK Law Commission is proposing to create a new digital property category to bring cryptocurrencies and non-fungible tokens (NFTs) under UK law. Cryptos would join personal property categories “thi...
Prometheum: SEC License in Hand, Business Model in Question
When Aaron Kaplan, co-CEO of Prometheum, stepped onto the stage in Congress, few within the crypto realm knew his name. His statement, proclaiming the SEC’s legal regime for digital assets as effectiv...
Crypto news: Galeon, Lido and Cardano
Crypto news: what are the current prices and future forecasts of the Galeon, Lido (LDO) and Cardano (ADA) coins? See below for an in-depth discussion on this issue. Focus on the price of Galeon, how...
Peter Thiel’s Valar Ventures Leads $33M Round for One Trading
Austria-based One Trading, the digital asset exchange formerly known as Bitpanda Pro, has announced a successful €30 million (roughly $33 million) funding round as it separates entirely from Bitpanda....
Beyond Dogecoin And Avalanche, Tradecurve Emerges
The cryptocurrency market is known for its dynamic nature, with new projects emerging and existing ones vying for dominance. Recently, two popular coins, Dogecoin and Avalanche, have captured the atte...
Sony Invests $3.5M In Infrastructure Startup Startale Labs To Drive Web3 Development
Key Points: Sony Network Communications has invested $3.5 million in Startale Labs to accelerate the development of Web3 services and products. The collaboration aims to create all-in-one Web3 develop...
XRP Sees Mild Capitulation Amid Profit-Taking, Santiment Suggests Potential Rally
Crypto markets are navigating through fluctuating terrains as the week commences, with the bulk of attention currently placed on Ripple’s digital asset, XRP. According to crypto market intelligence pl...