Binance to Withdraw From Canadian Market Due to Regulatory Climate
13.5.2023
Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and said that the Canadian market was “small.” Binance...
Nifty News: Assassin’s Creed unveils ‘smart collectibles’, MechaFightClub winds down and more ….
13.5.2023
NFT game MechaFightClub is shutting down due to the regulatory uncertainty in the U.S., while Yuga Lab’s new CEO has snapped up a BAYC NFT well over the floor price
Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks
13.5.2023
In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and Frax Ether have recorded double-digit...
IMF Warns of ‘Very Serious Repercussions’ if US Defaults on Debt Obligations
13.5.2023
The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if the U.S. defaults on its debt obligations, which could be as soon as June 1. “We are calling on all of the parties to come together, reach consensus, and resolve...
Governor Ron DeSantis Signs Bill Prohibiting Use of Central Bank Digital Currencies in Florida
13.5.2023
On Friday Florida’s governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in the state. Following the bill SB 7054 being signed into law, Florida’s Uniform Commercial Code (UCC) now explicitly forbids the use of a federally adopted CBDC as money....
Bakkt delists majority of tokens from recently acquired Apex Crypto platform
13.5.2023
The delisting included major tokens used in DeFi; the company said it was following “up-to-date regulatory guidance.”
Quadriga CX Bankruptcy Claimants to Get 13% on the Dollar
13.5.2023
The interim distribution to users will account for 87% of the funds the collapsed exchange’s Trustee is currently holding
Award-Winning Green Web3 Start-up Ecoterra Raises $3.5 Million as Investors Swoop In Ahead of 10% Price Rise
13.5.2023
Award-winning green web3 start-up ecoterra’s presale continues to fly, with sales of its native $ECOTERRA token having now surpassed $3.5 million as investors swoop in ahead of a 10% token price rise.
Ecoterra is building an all-in-one $ECOTERRA-powered web3 ecosystem, designed to encourage...
Sleeping Bitcoin Wallet Awakens: $3.7M Worth of BTC Suddenly Moves After Close to 12 Years of Dormancy
13.5.2023
On May 11, 2023, a long-inactive bitcoin wallet sprang to life and transferred a substantial 139.7 bitcoin worth $3.7 million. The address, established on June 19, 2011, has contributed to the year’s total of 1,125.37 bitcoin moved from dormant 2010 and 2011 wallets. 139.7 Bitcoin Worth $3.7...
Best Crypto to Buy Now 12 May – Bitget Token, Stellar, Cosmos
13.5.2023
Bitcoin (BTC) has fallen below the critical support level of $27,000 for the first time in almost two months, raising concerns about the immediate future of the cryptocurrency market.
With skittish macro conditions and lingering uncertainties surrounding the US debt ceiling and the possibility...
US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill
12.5.2023
The legislation appeared to be another attempt at the Accountability for Cryptocurrency in El Salvador Act, originally introduced after the country's Bitcoin Law was enacted
Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap
12.5.2023
Intercontinental Exchange-owned Bakkt discontinued its consumer-facing app in February as it shifts away from retail