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Crypto Exchange Bybit Exits Canada Citing Recent Regulatory Development
30.5.2023
Bybit has announced that it will be exiting the Canadian market starting as soon as May 31 due to recent regulatory developments in the country, adding to several other exchanges that pulled out from the country
Nansen Slashes 30% of Headcount in Bid to Cut Costs
30.5.2023
The company said it has multiple years of runway ahead, despite the need to now reduce expenses
The Plight of Hyped-Blockchain Canto Demonstrates Dreary DeFi Outlook
30.5.2023
Layer 1 blockchain Canto has experienced a 35% slump in total value locked (TVL) over the past month as liquidity continues to dry up across the decentralized finance (DeFi) sector
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
30.5.2023
Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure
Today in Crypto: Genesis & Gemini File Motion to Dismiss the SEC Lawsuit, Temasek Cuts Compensation for Team Who Recommended FTX Investment, Hong Kong Police Launches 'CyberDefender Metaverse' Platform
29.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Genesis & Gemini File Motion to Dismiss the SEC Lawsuit, Temasek Cuts Compensation for Team...
Ethereum and Lido Finance Dominate Revenue Generation as Prices Soar
29.5.2023
The Ethereum (ETH) network and staking provider Lido Finance (LDO) are among the biggest revenue generators in the world of decentralized finance (DeFi), a ranking by data provider Token Terminal has shown.
In the ranking, Ethereum came in on top with a 30-day revenue generation of $370.6 million...
Singapore's Temasek to Exercise Caution in Crypto Space After FTX Nightmare
29.5.2023
Temasek wrote down the entirety of its investment in FTX in November
Indian Crypto Exchanges Are in Survival Mode, Trying to Extend Their Runways
29.5.2023
India’s CoinDCX, CoinSwitch, WazirX, BuyUCoin, ZebPay and Giottus all think they'll survive the current bear market – here’s how
BRICS Bank in Membership Talks With Saudi Arabia, Report Reveals
29.5.2023
The development bank set up by the BRICS bloc is negotiating with Saudi Arabia on accepting the country as a member, according to a press report. The talks come as the bank, created as an alternative to similar institutions led by the West, seeks to expand its funding options amid sanctions on...
Trade Bloc of Former Soviet States Ditches Dollar in 90% of Settlements
27.5.2023
Trading within a Russia-led regional organization has effectively moved away from the U.S. dollar, according to the deputy head of the Russian government. The use of national currencies in the bloc’s transactions has reached around 90%, the official pointed out. EAEU Replaces Dollar in Trade With...
CoinDesk Apologizes to Alex Grebnev
27.5.2023
JP Morgan Chase Files Trademark for Finance-Themed Chatbot in US
27.5.2023
JP Morgan Chase has filed a trademark application with the US Patent and Trademark Office for a finance-themed AI chatbot named “IndexGPT.”
According to the application filed earlier this month, the tool is intended to assist investors in selecting financial securities and financial...
EAEU Official Urges BRICS and SCO for Joint Use of Digital Currencies, New Payment Card
27.5.2023
Three integration unions with Russian participation, BRICS, SCO, and the EAEU, should adopt joint policies on the use of digital currencies, according to a top representative of one of them. He also believes the international organizations should develop a new payment system with its own bank...
Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says
27.5.2023
The government of Brazil views the development bank established by the BRICS bloc as an alternative to traditional financial institutions, the country’s head of state told African diplomats. President Lula da Silva also vowed that the bank will improve cooperation with its African counterpart....
Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl
26.5.2023
The crypto bridging service Multichain is coming under the microscope from Binance and other important outposts
Stablecoin Issuer Lybra Finance Nears $100M in TVL
26.5.2023
Lybra Finance was launched last month and uses liquid staking derivatives to offer an interesting-bearing stablecoin
Avalanche’s AVAX Token Remains Flat Ahead of its $130 Million Token Unlock
26.5.2023
More than 9.3 million tokens will be unlocked Sunday, representing 1.2% of AXAX’s total supply
Stablecoins Are the 'Glue' Between the Real Economy and Blockchain: Binance Japan General Manager
26.5.2023
Tsuyoshi Chino added that Binance J.apan may be still "a long way off" its business and activities being properly understood in gaining regulatory acceptance
USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets
26.5.2023
The miner will receive $15 million management fee for the Celsius mining assets, which it will operate exclusively
Venezuela Seeks to Regain Control of More Than $1.8 Billion in Gold After Interim Government Dissolves
25.5.2023
The government of Venezuela is seeking to regain control of more than $1.8 billion in gold deposited in the vaults of the Bank of England. Officials of Maduro’s government appealed to the London Court of Appeals that the destitution of Juan Guaido, the former interim president, could affect...