Crypto Giants Continue to Play by Their Own Rules, Unfazed by FTX Bankruptcy
16.5.2023
A Bloomberg report has revealed that many crypto firms still follow some wrong approaches to their operations.
The surveyed firms handle assets worth tens of billions of dollars daily but don’t work with external auditors and independent boards to ensure accountability and openness.
The report...
Okx Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz
16.5.2023
On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still in its early stages, users can take advantage...
FDIC Chair Criticizes Signature Bank's Lack of Understanding on Crypto Risks
16.5.2023
Amid crashing stock prices, the Federal Deposit Insurance Corporation (FDIC) points fingers at crypto and poor management for Signature Bank’s demise.
Remarking at a US House of Reps hearing, FDIC chair, Martin Gruenberg, attributed Signature’s failure to ignorance of the risks associated with...
Betting Big on M&A and VC: Binance Eyes Expansion and Enriched Customer Base
16.5.2023
Binance has been working to increase its customer base and influence across several sectors.
A recent report has revealed that the firm is investing heavily in Mergers and acquisitions (M&A) as part of its expansion plans.
Binance chief business officer Yibo Ling, who joined the firm in November...
Crypto Wallet Bitski Taps Hardware Wallet Ledger To Make Web3 More Secure
16.5.2023
The browser-extension wallet is using Ledger’s security infrastructure to help users navigate decentralized applications while keeping their assets safe
Liam Herbst, Growth at Stealth NFT Startup, on NFTs, $BLUR, and $PEPE | Ep. 230
16.5.2023
In an exclusive interview with cryptonews.com, Liam Herbst, NFT Trader, talks about why NFT business models are broken, the long-term bull case for NFTs, and why NFT perps are likely the next big thing in NFT trading.
Liam is leading the go-to-market strategy for a new NFT company currently...
Bitcoin Lightning company River raises $35M amid ‘new wave of institutional adoption’
16.5.2023
“We’re seeing another wave of Bitcoin interest, largely driven by business and institutional adoption,” says Alex Leishman, River CEO. “It’s not fueled by hype.”
The role of central limit order book DEXs in decentralized finance
16.5.2023
A look at the role of central limit order book DEXs in DeFi
Peter Thiel Backs Bitcoin Startup River in $35M Round
16.5.2023
The Series B round for the Bitcoin financial services provider was led by Kingsway Capital
Bloomberg Analyst: Crypto Faced Its Own Set of Bank Runs Alongside the Wider Economy
16.5.2023
Despite being a disruptive force which pits itself in opposition to traditional finance, crypto has also witnessed its own series of bank runs, and some observers believe future runs of what some call 'crypto shadow banks' could become more destructive, according to Matt Levine, an opinion...
Bitcoin Miner Marathon Digital-Linked Startup Auradine Raises $81M
16.5.2023
The Bitcoin miner backed the web infrastructure startup, and CEO Fred Thiel sits on the board
Has Algorand peaked? Meanwhile, Tradecurve presale exceeds expectations
16.5.2023
The Securities and Exchange Commission (SEC) recently classified some cryptocurrencies, including Algorand (ALGO), as securities. Many believe that Algoand is yet to reach its true potential, and the SEC claiming it as a security have some investors worried. Experts have declared that Tradecurve...