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New Survey Shows Traditional Finance Exchanges Hold Different Views On Offering Digital Asset Services
5.9.2023
Traditional finance exchanges maintain a divided stance on offering crypto-related products to their customers according to a new research report by the World Federation of Exchanges (WFE).
The WFE released on Sept 5 findings from a survey it conducted with 29 respondents aiming to improve...
Connext Airdrop Marred by $38K Sybil Bot Attack
5.9.2023
Connext Network, a protocol that interacts with native blockchain bridges to optimize security, is the subject of intense scrutiny after one wallet appears to have exploited its NEXT token airdrop
Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments
5.9.2023
The company said it is one of the first major payment institutions to use directly the Solana network for settlements
Visa Expands Stablecoin Settlement to Solana and Merchant Acquirers
5.9.2023
Visa is taking a step in advancing digital currency adoption by expanding its stablecoin settlement capabilities to the Solana blockchain network. The payments giant also announced new pilot programs with merchant acquirers Worldpay and Nuvei to explore streamlining settlement in the Circle-issued...
BitGo Signs Strategic Agreement With Korean Heavyweight Hana Bank
5.9.2023
The Californian company will develop custody services and security solutions, local media reported
Traditional Finance Exchanges Divided on Crypto Services: Survey
5.9.2023
A World Federation of Exchanges survey found 41% of respondents already offer crypto-related products or services, with a further 24% planning to offer them in the future
Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo
5.9.2023
The firm plans to use the funding to grow internationally and develop the company’s financial engineering platform
India's Finance Minister Says Discussions Underway on Global Framework to Regulate Crypto Ahead of G20 Summit
5.9.2023
India’s Finance Minister Nirmala Sitharaman confirmed that discussions are underway on global crypto regulations ahead of the G20 summit.
India is all set to chair the upcoming G20 meeting between world’s most powerful countries later this week where crypto regulations is going to be one of...
Blockchain Developer Cronos Labs Kicks Off Search for Participants in $100M Accelerator Program
5.9.2023
Cronos Labs has also signed up Google Cloud, Amazon Web Services and blockchain security specialists PeckShield and Certik as mentors for the program
Bitcoin Spot ETF – Is Gary Gensler the Putin of Finance? This Top Lawyer Thinks So, BlackRock and Fidelity Approvals Closer Now
4.9.2023
The Bitcoin Spot ETF delay leads one prominent New York corporate regulatory lawyer, and a Special Professor of Law at Hofstra Law School, to say, “Gary Gensler reminds me a little bit of Putin” in his attitude to crypto.
US Securities and Exchange Commission (SEC) Chair Gary Gensler stands...
Crypto Casino Stake Targeted in Reported $40M Exploit
4.9.2023
The cryptocurrency gambling and sports betting website stake has been targeted by a private key exploit, with on-chain analyst Cyvers reporting that $16 million has been withdrawn on the Ethereum network
Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend
4.9.2023
The native token of decentralized liquidity platform Synthetix (SNX), rose by 12.5% during European hours on Monday following significant outflows on Binance
Binance's Head of Product Departs
4.9.2023
Kamat's departure follows those of Chief Strategy Officer Patrick Hillmann and Senior Director of Investigations Matthew Price and SVP for Compliance Steven Christie, who both left the company in early July
LSE Group Plans to Offer Blockchain-Powered Market for Traditional Assets: Report
4.9.2023
LSE is considering using a separate entity for the blockchain-based markets business, according to the Financial Times
Fact or Fiction? Theories Littered Across Social Media About Blackrock’s Alleged Bitcoin Buying Spree
3.9.2023
This past week, the U.S. Securities and Exchange Commission (SEC) delayed seven spot bitcoin exchange-traded funds (ETFs), including Blackrock’s proposed Ishares Bitcoin Trust. Alongside this news, Into The Block metrics indicate that from August 13 to the 31st, large BTC holders dubbed...
Web3’s Swiss Army knife of personal finance Changex joins Cointelegraph Accelerator
3.9.2023
Changex combines crypto trading and lending with traditional banking features that also include an upcoming Visa debit card
Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels
2.9.2023
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021....
Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says
2.9.2023
The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national currencies in foreign trade settlements, the official noted. Russia...
Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined
1.9.2023
DeFi exploits resulted in losses of over $16 million in August
Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use
1.9.2023
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates...