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Layer 1 Blockchain Canto’s Daily Active Addresses and Transactions Dips 89% in February
23.2.2023
In face of the recent drop in network activity, Canto’s total value locked has held steady at $189 million
Frax Finance to retire algorithmic backing amid stablecoin crackdown
23.2.2023
The vote was passed to fully collateralize Frax Finance's native stablecoin, thus phasing out its algorithmic backing
Indian Finance Minister Pushes for International Cooperation on Crypto Regulation — Discusses Awareness Campaign
23.2.2023
Indian Finance Minister Nirmala Sitharaman has stressed the importance of international cooperation in order to regulate the crypto sector. She also confirmed that Indian regulators’ crypto awareness campaign will continue to alert people about the risks of investing in crypto. Indian Finance...
Frax Finance Votes to Fully Collateralize Its $1 Billion Stablecoin
23.2.2023
The vote is a step for Frax’s native stablecoin frxUSD to retire its algorithmic element
What Coinbase's Q4 Earnings Mean for Crypto Adoption
22.2.2023
Anthony Georgiades, co-founder of Pastel Network, says that the cryptocurrency exchange may be building trust with users and retailers because of its centralized nature, but cautioned that it may simultaneously face headwinds as it comes under the scope of regulatory scrutiny
Bitcoin Price Remains Lower After Release of FOMC Minutes
22.2.2023
The U.S. central bank raised its benchmark fed funds rate by 25 basis points at its most recent meeting
BlackRock Starts Metaverse-Themed ETF Despite Waning Investor Interest
22.2.2023
Meta, Apple and Nvidia are top holding for the ETF
Binance Shifts to ‘Semi-Automated’ Process to Manage Reserves of Tokens It Issues: Bloomberg
22.2.2023
Reserves for these tokens had previously been mixed with customer funds
Coinbase Stock Tumbles 6% After Earnings
22.2.2023
Crypto exchange Coinbase (COIN) topped Q4 estimates Tuesday evening, but shares are sharply lower today alongside a sizable pullback in crypto
Crypto Long & Short: Washington Plays Tennis With Crypto
22.2.2023
Glenn Williams Jr. examines what politicians are saying about crypto regulation in Washington, D.C. Then, Jodie Gunzberg, managing director of CoinDesk Indices, talks about the crypto sectors that continue to thrive despite the regulatory crackdown
DeFi Protocol Ankr's Token Surged 73% on Microsoft and Tencent Partnerships
22.2.2023
Liquid staking token Ankr (ANKR) continues to trade 73% higher than Tuesday's open after it announced partnerships with technology giants Microsoft and Tencent
Crypto Wallet Startup Den Gets $2.8M in Seed Funding Led by IDEO CoLab Ventures
22.2.2023
The Den co-founders, the duo behind the viral hit ConstitutionDAO, says solving coordination issues is the biggest challenge for on-chain organizations
BUSD Stablecoin Temporarily Plunges to $0.20 on Binance
22.2.2023
Binance USD (BUSD), the third-largest stablecoin by market cap, spiked to a low of $0.20 against the DAI stablecoin as liquidity dried up on Binance
Aventus Slides 4.2% on Low Volume as Token Split Plans Shelved
22.2.2023
Aventus, the native token of a blockchain service provider of the same name, has tumbled by 4.2% $1.22 as volatility spikes on minimal liquidity
Coinbase Off to a Good Start in 2023: JPMorgan
22.2.2023
One of the biggest contributors to revenue in the fourth quarter was from Coinbase’s relationship with Circle, the report said
Ordinals NFTs Can Make Stacks’ STX a Multi-Billion Dollar Token: Matrixport
22.2.2023
Australian Crypto Gaming Firm Immutable Cuts Staff By 11%: Report
22.2.2023
Australian crypto gaming company Immutable is cutting 11% of its workforce, according to a report by The Sydney Morning Herald on Wednesday
Google Cloud to Become Validator on Tezos Network
22.2.2023
Google Cloud's corporate customers will be able to deploy Tezos nodes in order to build Web3 applications on the network
Solana-Themed Storefronts Close Shop, Ending Experiment in IRL Blockchain Evangelism
22.2.2023
Solana Spaces will close its New York City and Miami locations by the end of February
Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower
21.2.2023
Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest...