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The Philippine Stock Exchange To Consider Launching Crypto Exchange

The Philippine Stock Exchange To Consider Launching Crypto Exchange

The Philippine Stock Exchange (PSE) will plan to launch a platform for legally trading cryptocurrencies in the country. It is currently waiting for the SEC and other regulatory agencies to issue relevant encryption trading guidelines.

Australian Securities Exchange Partners with VMware to Go Blockchain in 2021

Australian Securities Exchange Partners with VMware to Go Blockchain in 2021

A recent press release shows a new agreement with the NYSE listed companies namely VMware and Digital Asset holding and the ASX for the replacement of the CHESS system by 2021.

New York Files Lawsuit Against Coinseed Crypto Platform for Allegedly Defrauding Thousands of Investors

New York Files Lawsuit Against Coinseed Crypto Platform for Allegedly Defrauding Thousands of Investors

New York State Attorney General, Letitia James, has filed a class-action lawsuit against Coinseed crypto platform and the company’s executives for defrauding investors more than $1 million to enrich themselves between 2017 and 2018.

PayPal’s Crypto Trading Services Officially Launch in the United States, Driving Bitcoin’s Price Past 16K

PayPal’s Crypto Trading Services Officially Launch in the United States, Driving Bitcoin’s Price Past 16K

PayPal’s crypto services are officially available for use in the United States. In response to the announcement, Bitcoin's price spiked and pushed past $16K.

First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance

First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance

The blockchain national currency platform issued by blockchain company Apollo Fintech was finalized and completed on August 12.

Thailand’s Bank of Ayudhya Unveils Blockchain-Based Platform for Cross-Border Funds Transfers

Thailand’s Bank of Ayudhya Unveils Blockchain-Based Platform for Cross-Border Funds Transfers

Smart contracts and blockchain play more of a key role in the economic and social growth of modern society. For example, Thailand’s Bank of Ayudhya demonstrates how the use of blockchain technology leverages cross-border funds transfers.

Over Half of Crypto Token Listings Show Signs of Insider Trading, Reveals Solidus

Over Half of Crypto Token Listings Show Signs of Insider Trading, Reveals Solidus

In an eye-opening study, Solidus, a leading crypto market integrity platform, has uncovered signs of insider trading associated with more than half of all cryptocurrency token listings since 2021.

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis

Digital Currency Group paid up all short-term loans to Genesis, a previous bitcoin lending platform, as promised. DCG repaid $700 million in 2023 despite crypto sector woes. Genesis filed for bankruptcy in early 2023 after a withdrawal halt due to obligations of over $3.5 billion to its principal creditors. The bitcoin market is changing significantly with this development.

Pakistan Banks Develop Blockchain-based KYC Platform

Pakistan Banks Develop Blockchain-based KYC Platform

The Pakistan Banks’ Association has signed a contract to develop Pakistan’s first blockchain-based national eKYC banking platform aimed at strengthening anti-money laundering capabilities while countering terror financing. The blockchain platform will also improve operational efficiencies, mainly focused on improving customer experience during onboarding.

A16z: Discord's Evolution into a Developer Platform

A16z: Discord's Evolution into a Developer Platform

An overview of Discord's journey from a gaming platform to a developer platform.

OKX Ventures Invests in Pencils Protocol, Boosting the Scroll Ecosystem

OKX Ventures Invests in Pencils Protocol, Boosting the Scroll Ecosystem

OKX Ventures announces its investment in Pencils Protocol, a next-gen decentralized platform within the Scroll ecosystem.

Riot Proposes to Acquire Bitfarms for $2.30 Per Share

Riot Proposes to Acquire Bitfarms for $2.30 Per Share

Riot Platforms proposes acquisition of Bitfarms to create the largest publicly listed Bitcoin miner.

Riot Platforms Reports Decline in May Bitcoin (BTC) Production, Expands Hash Rate

Riot Platforms Reports Decline in May Bitcoin (BTC) Production, Expands Hash Rate

Riot Platforms announces a decrease in May 2024 Bitcoin production but boosts hash rate to 14.7 EH/s.

Riot Platforms Acquires 12% Stake in Bitfarms Ltd., Intends to Propose New Directors

Riot Platforms Acquires 12% Stake in Bitfarms Ltd., Intends to Propose New Directors

Riot Platforms now holds a 12% stake in Bitfarms Ltd. and plans to nominate new directors to the board.

Bitfarms Responds to Riot Platforms' Alleged Disruption of Strategic Review

Bitfarms Responds to Riot Platforms' Alleged Disruption of Strategic Review

Bitfarms addresses Riot Platforms' actions amid its strategic alternatives review.

Bitfarms Implements Shareholder Rights Plan Amid Riot Platforms' Hostile Takeover Attempt

Bitfarms Implements Shareholder Rights Plan Amid Riot Platforms' Hostile Takeover Attempt

Bitfarms adopts a shareholder rights plan to counter Riot Platforms' takeover attempt and ensure fair value for shareholders.

Riot Platforms Criticizes Bitfarms' Adoption of Poison Pill

Riot Platforms Criticizes Bitfarms' Adoption of Poison Pill

Riot Platforms criticizes Bitfarms for adopting a shareholder-unfriendly poison pill plan.

Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

Riot Platforms, Inc. acquires a 14% stake in Bitfarms Ltd., increasing its holdings and planning to influence corporate governance.

Riot Platforms Calls for Special Meeting to Overhaul Bitfarms Board

Riot Platforms Calls for Special Meeting to Overhaul Bitfarms Board

Riot Platforms, owning 14.9% of Bitfarms, has called for a special meeting to nominate three independent directors, aiming for significant changes in Bitfarms' governance.

Bitfarms (BITF) Faces Shareholder Meeting Requisition from Riot Platforms

Bitfarms (BITF) Faces Shareholder Meeting Requisition from Riot Platforms

Bitfarms receives a requisition from Riot Platforms for a shareholder meeting to gain control of its Board of Directors, according to GlobeNewswire.

Riot Platforms Unveils Campaign Website Targeting Bitfarms Board Overhaul

Riot Platforms Unveils Campaign Website Targeting Bitfarms Board Overhaul

Riot Platforms has launched a new website, www.ABetterBitfarms.com, as part of its efforts to reconstitute the Bitfarms Board of Directors.

Riot Platforms (RIOT) Reports June 2024 Bitcoin Production and Hash Rate Achievements

Riot Platforms (RIOT) Reports June 2024 Bitcoin Production and Hash Rate Achievements

Riot Platforms (RIOT) exceeds Q2 2024 target with 22.0 EH/s hash rate, producing 255 BTC in June 2024. CEO highlights significant milestones.

Bitfarms (BITF) Schedules Special Shareholder Meeting Amid Riot Platforms Dispute

Bitfarms (BITF) Schedules Special Shareholder Meeting Amid Riot Platforms Dispute

Bitfarms Ltd. has scheduled a special shareholder meeting for October 29, 2024, in response to a requisition by Riot Platforms. Shareholders of record as of September 26 are eligible to vote.

Bitfinex Releases Version 1.100: New Features, Improvements, and Bug Fixes

Bitfinex Releases Version 1.100: New Features, Improvements, and Bug Fixes

Bitfinex has released Version 1.100, featuring passkey integration, Thalex integration, and multiple UI improvements and bug fixes.

Riot Platforms (RIOT) Schedules Q2 2024 Earnings Call for July 31

Riot Platforms (RIOT) Schedules Q2 2024 Earnings Call for July 31

Riot Platforms, Inc. announces its Q2 2024 earnings call, set for July 31, 2024. The call will discuss the company's financial results for the quarter.

Ontario Capital Markets Tribunal Terminates Bitfarms’ Poison Pill at Riot's Request

Ontario Capital Markets Tribunal Terminates Bitfarms’ Poison Pill at Riot's Request

Riot Platforms successfully convinces the Ontario Capital Markets Tribunal to terminate Bitfarms' Poison Pill, aimed at protecting shareholder rights.

Riot Platforms Acquires Block Mining to Boost Capacity to 2 Gigawatts

Riot Platforms Acquires Block Mining to Boost Capacity to 2 Gigawatts

Riot Platforms, Inc. has acquired Block Mining, Inc., significantly expanding its operational and power capacity in the Bitcoin mining sector.

Riot Platforms Acquires 16.9% Stake in Bitfarms Ltd.

Riot Platforms Acquires 16.9% Stake in Bitfarms Ltd.

Riot Platforms, Inc. reports a significant stake increase to 16.9% in Bitfarms Ltd., aiming to influence the company's board composition.

Riot Platforms Reports 370 Bitcoin Production in July 2024 and Kentucky Expansion

Riot Platforms Reports 370 Bitcoin Production in July 2024 and Kentucky Expansion

Riot Platforms announces a 45% increase in Bitcoin production and its expansion into Kentucky, enhancing its mining capacity.

Riot Platforms Reports Q2 2024 Financials with $70M Revenue and 22 EH/s Hash Rate

Riot Platforms Reports Q2 2024 Financials with $70M Revenue and 22 EH/s Hash Rate

Riot Platforms announced Q2 2024 results with $70M in revenue and a hash rate of 22 EH/s, despite the Bitcoin halving event.

Riot Platforms Increases Stake in Bitfarms to 18.9%

Riot Platforms Increases Stake in Bitfarms to 18.9%

Riot Platforms, Inc. has announced an increase in its ownership of Bitfarms Ltd., now holding 18.9% of the company's common shares.

Bitfinex Rolls Out Version 1.102 With Key UI and Performance Enhancements

Bitfinex Rolls Out Version 1.102 With Key UI and Performance Enhancements

Bitfinex has released Version 1.102, featuring multiple improvements and fixes aimed at enhancing user experience and platform performance.

Riot Platforms Urges Bitfarms Shareholders to Elect New Directors at Upcoming Meeting

Riot Platforms Urges Bitfarms Shareholders to Elect New Directors at Upcoming Meeting

Riot Platforms calls for Bitfarms shareholders to vote for new board members to improve governance ahead of a crucial special meeting.

Riot Platforms Reports August 2024 Bitcoin (BTC) Production and Operational Highlights

Riot Platforms Reports August 2024 Bitcoin (BTC) Production and Operational Highlights

Riot Platforms announced the production of 322 Bitcoin (BTC) in August 2024 and surpassed 10,000 Bitcoin held, detailing significant operational updates.

Bitfarms Addresses Riot's Misleading Claims Amid Acquisition Talks

Bitfarms Addresses Riot's Misleading Claims Amid Acquisition Talks

Bitfarms responds to Riot's claims, emphasizing its commitment to shareholder value and strategic acquisitions.

Riot Platforms Announces Settlement Agreement with Bitfarms, Board Changes Enacted

Riot Platforms Announces Settlement Agreement with Bitfarms, Board Changes Enacted

Riot Platforms and Bitfarms Ltd. reach a settlement agreement, resulting in board changes and withdrawal of a shareholder meeting requisition.

Bitfarms and Riot Platforms Reach Settlement Agreement

Bitfarms and Riot Platforms Reach Settlement Agreement

Bitfarms Ltd. and Riot Platforms Inc. announce a settlement agreement ahead of the Special Meeting of Bitfarms Shareholders, with significant changes to the Board of Directors.

Riot Platforms Schedules Q3 2024 Earnings Call Amid Bitcoin Mining Developments

Riot Platforms Schedules Q3 2024 Earnings Call Amid Bitcoin Mining Developments

Riot Platforms, a leader in Bitcoin mining, announces its Q3 2024 earnings call for October 30, 2024. The call will discuss financial results and strategic developments.

Riot Platforms (RIOT) Achieves Revenue Surge Amid Bitcoin Halving Challenges

Riot Platforms (RIOT) Achieves Revenue Surge Amid Bitcoin Halving Challenges

Riot Platforms reports a significant 65% revenue increase in Q3 2024, driven by Bitcoin mining expansion and strategic power management despite halving impacts.

Riot Platforms Expands Bitcoin (BTC) Production in October 2024

Riot Platforms Expands Bitcoin (BTC) Production in October 2024

Riot Platforms reports a significant increase in Bitcoin production and hash rate deployment for October 2024, highlighting operational efficiency and expansion plans.

Bitfinex Rolls Out Version 1.106 with Enhanced Features and Bug Fixes

Bitfinex Rolls Out Version 1.106 with Enhanced Features and Bug Fixes

Bitfinex introduces Version 1.106, featuring updates to Thalex Derivatives, a new competition page, and various bug fixes to improve user experience.

Bitcoin Dominance Surges While Ethereum Faces Challenges in October 2024

Bitcoin Dominance Surges While Ethereum Faces Challenges in October 2024

Bitcoin's market dominance increased significantly in October 2024, while Ethereum faced volatility and strategic debates. The performance of Layer 1 platforms and memecoin trading dynamics also highlighted the month's crypto market activities.

EDX Markets Partners with Solidus Labs to Monitor $16 Trillion in Crypto Trading with HALO Platform

EDX Markets Partners with Solidus Labs to Monitor $16 Trillion in Crypto Trading with HALO Platform

EDX Markets has partnered with Solidus Labs to use the HALO platform, monitoring $16 trillion in crypto trading, enhancing compliance and risk management.

Central African Republic to Launch Sango Coin Cryptocurrency Next Week

Central African Republic to Launch Sango Coin Cryptocurrency Next Week

The latest move by the Central African Republic comes after it adopted Bitcoin as legal tender in April. The African country plans to adopt cryptocurrency to revitalize its economy.

Romania's ICI Bucharest Launches NFT Trading Platform for Web3 Adoption

Romania's ICI Bucharest Launches NFT Trading Platform for Web3 Adoption

ICI Bucharest has announced the launch of its in-house NFT trading platform, ICI D|Services, on April 26. The platform aims to facilitate the adoption of Web3 in Romania and connect private and public sector institutions and users. ICI Bucharest has been exploring blockchain and nonfungible tokens as the space gains traction globally.

VP Bank Partners with Metaco for Digital Asset Custody Services

VP Bank Partners with Metaco for Digital Asset Custody Services

VP Bank has teamed up with Metaco to enhance its digital asset custody and tokenization operations. The partnership will allow VP Bank to leverage Metaco's Harmonize platform for asset minting, burning, and storage.

Binance Labs Announces ColLabs: A Web3 Investment Community Platform

Binance Labs Announces ColLabs: A Web3 Investment Community Platform

Binance Labs has launched ColLabs, an invite-only Web3 investment community, aiming to bridge the gap between venture capitalists, startups, and investors in the Web3 space. The platform combines a blog, newsletter, and Telegram channel for exclusive content and deal-sourcing opportunities.

SEC Files Application to Compel Elon Musk's Compliance with Subpoena

SEC Files Application to Compel Elon Musk's Compliance with Subpoena

The U.S. Securities and Exchange Commission (SEC) has filed an application to compel Tesla CEO Elon Musk to comply with an administrative subpoena. The SEC is investigating Musk's 2022 Twitter stock purchases and his related statements and SEC filings. Despite initially agreeing to testify, Musk later refused to comply with the subpoena, prompting the SEC to seek court intervention.

Bitget's Gracy Chen Praises Binance's Copy Trading Launch

Bitget's Gracy Chen Praises Binance's Copy Trading Launch

Major cryptocurrency exchanges are adopting crypto copy trading, with Binance launching its feature on October 9, 2023. Bitget, a pioneer in this field since 2020, sees this trend as a validation of its early foresight. Bitget's Gracy Chen highlights their platform's success, boasting over 57 million profitable trades and a community of 650,000 traders and followers. Binance's entry, coupled with a promotional campaign, underscores a growing industry focus on simplifying crypto trading for newcomers, possibly spurring broader crypto and blockchain adoption.

Binance.US Struggles to Find Banking Partner in the U.S.

Binance.US Struggles to Find Banking Partner in the U.S.

Binance.US is facing challenges in finding a bank partner to serve as a fiat on-ramp and off-ramp for its clients in the United States, following the recent failures of Silvergate and Signature Bank. The regulatory crackdown on banks with crypto clients is another factor contributing to the exchange's struggles.

Nigeria Plans to Regulate Digital Asset Platforms

Nigeria Plans to Regulate Digital Asset Platforms

Nigeria’s SEC is considering new regulations for digital asset platforms, allowing licensed digital exchanges to list tokens backed by certain assets. Cryptocurrencies like Bitcoin and Ether will not be among those assets. Nigeria aims to register fintech firms as digital sub-brokers, crowdfunding intermediaries, fund managers, and tokenized coins issuers. Crypto exchanges will not be registered until the central bank provides clear regulations.

Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development

Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development

Circle announces new Web3 services—Gas Station and Smart Contract Platform—to simplify blockchain development and lower costs. These user-centric solutions aim to accelerate the mass adoption of blockchain technologies.

Social Media Site X Limits Changpeng Zhao's Account Access

Social Media Site X Limits Changpeng Zhao's Account Access

Changpeng Zhao, former Binance CEO, faced account restriction on social media platform X amidst legal challenges, leading to widespread speculation in the crypto industry.

Dinari Secures $10M Seed Funding, Expands Crypto Asset Offerings

Dinari Secures $10M Seed Funding, Expands Crypto Asset Offerings

Dinari, a blockchain-based investment platform, secures $10M in seed funding, launches RWAs on Arbitrum, and expands dShare with crypto-themed assets, bridging TradFi and DeFi.

Mango Markets Hacker Says He 'Did Nothing Wrong'

Mango Markets Hacker Says He 'Did Nothing Wrong'

Avraham Eisenberg explained how profitable traders like him attract jealousy and hate.

WEMIX and Mirana Ventures Fuel Chinese Blockchain Gaming with $30M Fund

WEMIX and Mirana Ventures Fuel Chinese Blockchain Gaming with $30M Fund

WEMIX PTE. LTD. has invested in five Chinese game developers through a $30 million blockchain game-specialized fund, created with Mirana Ventures. This move aims to nurture blockchain gaming enterprises and expand the WEMIX3.0 ecosystem. The fund, part of a joint initiative with Mirana Ventures, an investment division of Bybit, has already utilized $6.4 million. The investees, working on diverse game genres, will feature their games on WEMIX PLAY, a blockchain game platform under WEMIX3.0.

Multicoin Capital invests in Wormhole to enhance crypto interoperability

Multicoin Capital invests in Wormhole to enhance crypto interoperability

Multicoin Capital leads $225 million funding round for Wormhole, a leading multichain solution with over $41 billion assets and 30 chains, focusing on user experience and zero-knowledge verification technology.

FTX Japan Launches Blockchain-based Proof of Solvency to Enhance Transparency and Security

FTX Japan Launches Blockchain-based Proof of Solvency to Enhance Transparency and Security

FTX Japan has introduced a blockchain-based Proof of Solvency (PoS) to ensure the transparency and security of its customer's assets. The PoS, announced on September 28, 2023, by COO Seth Melamed, enables the objective verification of asset management, allowing customers easy access to verify their balances. The details of PoS will be published weekly on the Ethereum blockchain, marking a significant step towards enhancing trust and transparency in the cryptocurrency ecosystem.

Russian Sberbank Conducts First Digital Asset Trade on its Blockchain Platform

Russian Sberbank Conducts First Digital Asset Trade on its Blockchain Platform

Sberbank expects digital assets trading to be rolled out to the bank’s customers later this year.

Hong Kong's SFC Warns of Improper Practices by Unlicensed Virtual Asset Trading Platforms

Hong Kong's SFC Warns of Improper Practices by Unlicensed Virtual Asset Trading Platforms

The Hong Kong Securities and Futures Commission (SFC) has warned against unlicensed virtual asset trading platforms (VATPs) engaging in improper practices, including false licensing claims and non-compliance with regulations.

Riot Platforms' Major Expansion: Acquiring 66,560 Bitcoin Mining Rigs from MicroBT

Riot Platforms' Major Expansion: Acquiring 66,560 Bitcoin Mining Rigs from MicroBT

Riot Platforms acquires 66,560 Bitcoin mining rigs from MicroBT, worth $290.5 million, strengthening its position in the cryptocurrency industry, potentially impacting Bitcoin mining dynamics post-halving.

European Regulatory Blockchain Sandbox Welcomes Its First 20 Projects

European Regulatory Blockchain Sandbox Welcomes Its First 20 Projects

On July 3rd, Europe's blockchain regulatory sandbox officially introduced its inaugural set of use cases. This milestone follows a period of eager anticipation in the industry, culminating from nearly 90 applications submitted back in April.

OpenAI Introduces New Plugin Feature for ChatGPT AI Chatbot

OpenAI Introduces New Plugin Feature for ChatGPT AI Chatbot

OpenAI has introduced a new plugin feature for its AI chatbot, ChatGPT, allowing it to retrieve information from online sources and interact with third-party websites. The feature is in the alpha phase and will only be available to a limited set of users initially, with a waitlist in place to access it. The plugins include e-commerce platforms Shopify, Klarna, and Instacart, and travel search engines Expedia and KAYAK, among others.

Meta Platform's CEO Gets Probed by Senators on Crime Combating Measures on its Apps

Meta Platform's CEO Gets Probed by Senators on Crime Combating Measures on its Apps

A group of U.S Senators wrote a letter to Meta’s CEO, Mark Zuckerberg on Thursday to inquire about strategies he is putting in place to mitigate the rise in fraud as a result of cryptocurrency use through Meta’s platforms such as Whatsapp, Facebook, and Instagram as reported by other social media platform

HashKey Exchange Becomes First Licensed Retail Crypto Trading Platform in Hong Kong

HashKey Exchange Becomes First Licensed Retail Crypto Trading Platform in Hong Kong

Hong Kong, 3 August 2023 - HashKey Exchange has announced the official upgrade of its Type 1 and Type 7 licences, becoming the first licensed virtual asset exchange for retail users in Hong Kong.

SEC Cybersecurity Breach: Investigating the Fallout and Future Measures

SEC Cybersecurity Breach: Investigating the Fallout and Future Measures

The SEC's recent cybersecurity breach, involving an unauthorized post on its X (formerly Twitter) account about a Bitcoin ETF, underscores the need for robust cybersecurity measures. The SEC is actively investigating the incident, highlighting the broader implications for security practices in social media and government agencies.

Sony Files Patent for NFT Transfer Framework

Sony Files Patent for NFT Transfer Framework

Sony Interactive Entertainment has filed a patent for an NFT framework allowing users to transfer and utilize digital assets across multiple game platforms.

Former Voyager Digital CEO Faces Fraud Charges Amid CFTC and FTC Crackdown

Former Voyager Digital CEO Faces Fraud Charges Amid CFTC and FTC Crackdown

The CFTC and FTC have levelled fraud charges against former Voyager Digital CEO Stephen Ehrlich, spotlighting the case as a notable instance of regulatory enforcement within the digital asset sector. The charges underscore the market's inherent risks and the imperative for robust regulatory compliance to ensure investor protection.

FTX EU Launches Website for Customer Withdrawal Requests

FTX EU Launches Website for Customer Withdrawal Requests

FTX EU has launched a website for European customers to submit withdrawal requests following the global trading platform's collapse and bankruptcy in November 2022. The Cyprus Securities and Exchange Commission reportedly approved the new website domain name, which will only be used to pay back impacted customers and will not offer any products or services.

Gemini Launches Offshore Derivatives Platform

Gemini Launches Offshore Derivatives Platform

Gemini is launching an offshore derivatives platform, Gemini Foundation, which will offer services to customers in over 30 countries. The platform’s first derivatives contract will be a Bitcoin perpetual contract denominated in Gemini Dollar. The move comes as the regulatory environment for crypto firms in the United States becomes more uncertain.

Cred Claims Uphold Exchange Owes Millions

Cred Claims Uphold Exchange Owes Millions

Uphold denies owing $784 million to the liquidation trust of collapsed crypto investment platform Cred. Crypto lending provider Cred entered Chapter 11 bankruptcy in November 2020. Cred's liquidated trust filed an adversary lawsuit against Uupold and two associates in June. It stated that Uupld promoted CredEarn with Cred co-founders and owed $783.9 million.

Huobi and Gala Games Form Partnership for Web3 Development

Huobi and Gala Games Form Partnership for Web3 Development

Cryptocurrency exchange Huobi Global has partnered with blockchain-based play-to-earn gaming platform Gala Games to invest in and list projects within the Gala ecosystem. The collaboration is expected to enhance Huobi's Web3 objectives and allow integration with Gala's layer-1 blockchain.

Bitget Eyes Middle East for Crypto Expansion, Plans to Hire 60 New Staff

Bitget Eyes Middle East for Crypto Expansion, Plans to Hire 60 New Staff

Bitget, a leading crypto derivatives and copy trading platform, has announced plans to expand its operations into the Middle East, as reported on July 20, 2023.

Sui Foundation Allocates Over $1M to 17 Emerging Projects

Sui Foundation Allocates Over $1M to 17 Emerging Projects

The Sui Foundation has earmarked over $1.05 million for 17 new projects aimed at bolstering the development and adoption of Sui. This initiative encompasses a wide range of sectors within the Sui ecosystem, including DeFi, gaming, and on-chain solutions, showcasing the foundation's dedication to fostering innovation and expanding the decentralized platform.

When China Yuan Sneezes, Bitcoin Wears a Mask

When China Yuan Sneezes, Bitcoin Wears a Mask

My thesis continues to be that larger accounts (i.e. whales who own > 1000 BTC) have started to liquidate (which I shared yesterday that this number have continued to decline for the past two weeks), and potentially chase/re-allocate into equities.

BC Technology Group Halts Trading Amid Notifiable Transaction

BC Technology Group Halts Trading Amid Notifiable Transaction

BC Technology Group Limited halted trading on Hong Kong Stock Exchange due to pending announcement about potential sale of crypto platform OSL, valued at $128 million.

Taiwanese Authorities Caution Against Crypto Betting for 2024 Presidential Election

Taiwanese Authorities Caution Against Crypto Betting for 2024 Presidential Election

Taiwanese authorities warn against using cryptocurrency betting platforms for the January 2024 presidential election, amid ongoing investigations and multiple arrests.

Crypto.com Denies Allegations of Misleading Trading Practices, Faces Regulatory Scrutiny Over Proprietary Trading Concerns

Crypto.com Denies Allegations of Misleading Trading Practices, Faces Regulatory Scrutiny Over Proprietary Trading Concerns

According to insider sources cited by The Financial Times, Crypto.com, the Singapore-based cryptocurrency exchange platform, allegedly operates an in-house trading and market-making team whose primary objective is to generate profits rather than facilitate trading.

Adult Content Platform Onlyfans' 9,000 Ethereum Drops 25% in Value

Adult Content Platform Onlyfans' 9,000 Ethereum Drops 25% in Value

Onlyfans' Ethereum holdings, valued at $11.43 million, have experienced a 25% decline due to the current ETH price of $1,650, highlighting the industry's volatility and risks. The company also introduced a feature for verified NFTs.

Bitfinex Unveils Zero-Fee P2P Trading in Argentina, Colombia, Venezuela

Bitfinex Unveils Zero-Fee P2P Trading in Argentina, Colombia, Venezuela

Bitfinex has initiated a zero-fee trading feature for market takers on its Peer-to-Peer (P2P) platform in Argentina, Colombia, and Venezuela as of October 11, 2023. This move comes post the recent extension of the P2P service to these regions, aiming to reduce transaction costs, enhance liquidity, and encourage crypto trading. Users can access this facility by logging into their Bitfinex accounts and selecting the P2P option.

Hong Kong to Pioneer Web3 Financing Platform for SMEs in the Greater Bay Area

Hong Kong to Pioneer Web3 Financing Platform for SMEs in the Greater Bay Area

NPC delegate Wu Jiezhuang proposes the creation of a Web3 financing platform in the Greater Bay Area to foster SME innovation and international expansion.

China's Shanghai Unveils Action Plan to Forge a New Path in the Metaverse Tourism Industry

China's Shanghai Unveils Action Plan to Forge a New Path in the Metaverse Tourism Industry

Shanghai has taken a significant step in the realm of metaverse tourism with the release of the "Shanghai Action Plan for Creating a New Path in Metaverse Tourism (2023-2025)". The plan, unveiled by the Shanghai Municipal Bureau of Culture and Tourism, outlines the city's strategic focus on five key areas to propel the development of metaverse tourism in the coming years.

May 31: Everyone Wants to be the Broker in Crypto

May 31: Everyone Wants to be the Broker in Crypto

BTC has managed to get into my sell zone with ETH clearly leading the charts with the triangle breakout getting quite a few technical guys excited. Contrary to this spike, 20k+ ETH Dec 120 puts traded at $8.4 yesterday. So who's gonna be right?

May 26: It's Always Been There

May 26: It's Always Been There

Strategy today? With SPX e-mini futures now just shy of 20 points from 3,000 level and the highest it's traded since the March 23 crash, I expect BTC to follow. Expectedly, this recent sell off has been mostly triggered by large players (i.e. whales) trimming their positions.

Jun 03: Crypto is not for the faint-hearted

Jun 03: Crypto is not for the faint-hearted

Welcome to the world of volatility. Crypto never sleeps. Bitcoin got whipsaw squeezing shorts to trade above $10,400 on Monday only to get smashed down to $9,300 with fresh longs capitulated (see chart below).

May 25: Negative Rates Eating the World (but not Crypto)

May 25: Negative Rates Eating the World (but not Crypto)

Like Chinese ADRs in the US, it's a sea of red for crypto with Bitcoin down more than 5% in the past 48 hours as it fails to hold above 9k & 8.8k where stops got triggered. No news or catalyst but the lack of bulls to follow through was evident through the volume, and perhaps over this long weekend that the usual buyers haven't been able to pile onto their longs.

Best Before: 26 June 2020

Best Before: 26 June 2020

What's going to be interesting is BTC options expiry as close to $1bn of open interest (or more than 100k BTC options) will set to expire today. Some have asked if we are gonna see any impact, I actually see little as most of the OI are skewed towards 10k and beyond, so I see little gamma action into the close as these calls are likely to expire worthless.

Exclusive: Johan Hörmark on SEB's Blockchain-Driven Bond Platform

Exclusive: Johan Hörmark on SEB's Blockchain-Driven Bond Platform

Johan Hörmark, Project Manager at SEB, discusses the transformative potential of their blockchain-based digital bond platform, so|bond, in the financial secto

Blockchain-Based Tenancy Platform via REIQ-Igloo Collaboration in Australia

Blockchain-Based Tenancy Platform via REIQ-Igloo Collaboration in Australia

Real Estate Institute of Queensland (REIQ) has partnered with an Australian technology firm, Igloo in setting up a blockchain-based tenancy platform that will propel productivity and efficiency in Queensland's real estate sector.

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

SINGAPORE - On 18th May 2020, Matrixport will introduce the Fixed Income Investment Product and the Flexi-Term Investment product, where asset security is protected by a risk control mechanism by real crypto assets guaranteed by excess pledge.

Symmetry Launches Revolutionary Platform for Decentralized Crypto Indices and Actively Managed Funds on Solana

Symmetry Launches Revolutionary Platform for Decentralized Crypto Indices and Actively Managed Funds on Solana

Today marks a groundbreaking step for decentralized finance (DeFi) on the Solana blockchain as Symmetry launches its highly anticipated User Interface at https://app.symmetry.fi/.

New Revolutionary Trading Platform Allows You to Trade 48 Forex, Indices, Commodities and Cryptocurrency Markets with Your Bitcoin!

New Revolutionary Trading Platform Allows You to Trade 48 Forex, Indices, Commodities and Cryptocurrency Markets with Your Bitcoin!

Geco.one brings Bitcoin holders the ability to enter the Forex, Indices and Commodities markets - as well as of course the Cryptocurrency markets, for the first time by simply depositing Bitcoin.

Anycoin Direct Launches Innovative New Platform

Anycoin Direct Launches Innovative New Platform

Veghel, NL, Release: 28 April 2020.

Bexplus Launches Up to 30% Interest Wallet, 100% Bonus Activity

Bexplus Launches Up to 30% Interest Wallet, 100% Bonus Activity

With Bitcoin retake $19,000, the crypto market has gone wild. While the recovery of the global economy is stalled, the crypto market has seen large influxes of capital and investors. By the end of November, the total market capitalization of cryptocurrency has surpassed $500 billion.

My Neighbor Alice makes history on NFTb by becoming the first native token on the platform.

My Neighbor Alice makes history on NFTb by becoming the first native token on the platform.

My Neighbor Alice native token, ALICE, will soon be available to trade with other currencies on the Binance-backed Web3 Gaming platform, NFTb.

Meta Alumni Owned Layer-1 Protocol Aptos Raises $200m from a16z

Meta Alumni Owned Layer-1 Protocol Aptos Raises $200m from a16z

Former Meta Platforms Inc staff, led by Mo Shaikh, have raised $200 million in a strategic funding round for its new startup Aptos.

New York Crypto Accounting Startup Tactic Raises $2.6 Million Funding

New York Crypto Accounting Startup Tactic Raises $2.6 Million Funding

Tactic offers solutions for businesses’ crypto and DeFi accounting needs, helping themselves successfully to raise $2.6 million in a funding round.

Zignaly Secures $50 Million Funding to Fuel Global Expansion

Zignaly Secures $50 Million Funding to Fuel Global Expansion

Zignaly social investment platform provides a variety of products and services that aim to make cryptocurrency investment accessible to retail investors.

Margin Trading And Lending On The Crypto Market

Margin Trading And Lending On The Crypto Market

In recent years, many of you who are interested in crypto, probably have noticed the continuous growth of the number of new exchange products that help earn from lending and margin trade.

What is DTube?

What is DTube?

DTube is a decentralized video sharing platform launched in August 2017 by Adrien Marie, and is one of the most popular decentralized alternatives to YouTube.

BTSE Offers Users the Chance to Collect Interest on Their Idle Crypto Holdings

BTSE Offers Users the Chance to Collect Interest on Their Idle Crypto Holdings

BTSE, the UAE based digital exchange, has big plans for their ecosystem. They have recently launched the latest development in what they call their “comprehensive digital bank at the juxtaposition of crypto and fiat.”

Top Four South Korean Banks Announce Plans to Provide Cryptocurrency Custodial Services

Top Four South Korean Banks Announce Plans to Provide Cryptocurrency Custodial Services

Two of South Korea’s top banks have recently announced that they were looking into providing cryptocurrency custodial services to their clients.

Only1 Launches First Web3.0 Social NFT Platform Built on Solana

Only1 Launches First Web3.0 Social NFT Platform Built on Solana

Only1, a decentralized web3 social platform, is set to revolutionize how consumers use the social media landscape. Only1 pivots into a creator economy solution to eliminate intermediaries and allow creators to monetise their content easily.

Meta Cuts 11,000 Jobs to Focus on Core Areas Including the Metaverse

Meta Cuts 11,000 Jobs to Focus on Core Areas Including the Metaverse

Meta Platforms has cut 11,000 jobs but is still committed to its metaverse pursuits

Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement

Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement

Ripple Labs is facing a lawsuit by New Payments Platform Australia (NPPA) for allegedly violating intellectual property rights for the branding of ‘PayID’.

New York State Watchdog Orders Two Crypto Firms to Close Operations, Launching Further Investigations

New York State Watchdog Orders Two Crypto Firms to Close Operations, Launching Further Investigations

The Office of the New York Attorney General (NYAG) has directed two unnamed crypto lending firms to halt their operations in the state, indicating these firms are involving ineffective registration.

Wintermute Rolls out Crypto OTC Trading Platform for Institutional Clients

Wintermute Rolls out Crypto OTC Trading Platform for Institutional Clients

The new over the counter platform is expected to supplement Wintermute’s existing OTC API trading platform.

Robinhood Lists USDC as First Stablecoin on Trading Platform

Robinhood Lists USDC as First Stablecoin on Trading Platform

Robinhood has adopted the second-largest stablecoin for trading transactions.

BitMEX CEO Arthur Hayes Resigns, Following Criminal Charges by CFTC and DoJ

BitMEX CEO Arthur Hayes Resigns, Following Criminal Charges by CFTC and DoJ

BitMEX CEO Arthur Hayes has stepped down from his position, alongside Samuel Reed, the company's CTO.

Binance to Launch UK Crypto Exchange to Meet Client Demand

Binance to Launch UK Crypto Exchange to Meet Client Demand

Binance, the leading cryptocurrency exchange has announced that it will launch a regulated crypto trading platform in the UK, in the coming months. Binance.UK is planning to create a trading platform to allow retail and institutional investors to sell and buy cryptocurrencies using euros and pounds.

Binance Launches Premier Platform for VIP Users and Institutional Investors

Binance Launches Premier Platform for VIP Users and Institutional Investors

Binance has launched a new trading platform solution for VIP and Institutional clients to allow them to easily execute digital assets trades and capture market opportunities more effectively.

Cross-Asset Exchange Platform DIFX Acquires Additional License from EU Regulator

Cross-Asset Exchange Platform DIFX Acquires Additional License from EU Regulator

With the new license from the EU regulator, DIFX is well-positioned to serve clients in European markets.

Crypto Hackers Steal Over $130M from Cream Finance DeFi Platform

Crypto Hackers Steal Over $130M from Cream Finance DeFi Platform

This is the third major hack on the Cream Finance DeFi lending platform within this year. Tens of thousands of customers have been affected by the hack.

DeFi Broker Porter Finance Shuts Down Bond Issuance Platform

DeFi Broker Porter Finance Shuts Down Bond Issuance Platform

Porter Finance said low lending demand from the DeFi ecosystem has forced it to close its bond trading platform, and mentioned that it now wants to focus on other business opportunities.

PAID Network DeFi Platform Attacked as Hacker Gains $3 Million Of ETH After Minting $166 Million Of Tokens

PAID Network DeFi Platform Attacked as Hacker Gains $3 Million Of ETH After Minting $166 Million Of Tokens

PAID token crashed by over 75% instantly after the popular PAID Network DeFi protocol experienced a massive hack.

What Is Apeswap.Finance? Complete Guide to New Decentralized Exchange

What Is Apeswap.Finance? Complete Guide to New Decentralized Exchange

Apeswap offers new and exciting ways for DeFi users to create wealth as a vibrant ecosystem. The platform provides various services, including seamless payment solutions, lending, derivatives, staking, tokenized assets, alternative savings.

Origin DeFi Protocol Loses $7 Million to Hacker in Security Breach

Origin DeFi Protocol Loses $7 Million to Hacker in Security Breach

Origin Protocol is the latest DeFi platform to lose $7 million due to hacking. The company has said that it is working to restore the stolen funds.

Meta Instagram Embraces NFT, Expanding Footprints to 100 Countries

Meta Instagram Embraces NFT, Expanding Footprints to 100 Countries

Months after it integrated NFTs into Instagram for American users, Meta Platforms announced the allowance's expansion to as many as 100 other countries.

Reddit Wants to Develop NFT Platform, New Job Listing Revelas

Reddit Wants to Develop NFT Platform, New Job Listing Revelas

Reddit recently posted a job offering indicating that it wants to hire a senior engineer with experience in designing, developing, and maintaining an NFT platform.

Facebook Commences Trials for Digital Collectible Integration

Facebook Commences Trials for Digital Collectible Integration

Social media giant, Facebook has reportedly commenced trials for the integration of Non-Fungible Tokens (NFTs) on its platform.

Global Automotive Metaverse Market to Have a CAGR of 31.4% by 2030 - Research

Global Automotive Metaverse Market to Have a CAGR of 31.4% by 2030 - Research

A new survey is projecting the market value of the global automotive market at $1.9B by 2030

MediLiVes Healthcare Platform Launches App

MediLiVes Healthcare Platform Launches App

MediLiVes, the innovative healthcare platform based on AI and Blockchain technology, is to launch its App on Saturday 16th November in London. MediLiVes is disrupting the USD 10 million diagnostic industry by partnering medical practitioners and patients on a single digital platform.

Russia’s E-Voting Blockchain Platform Attacked

Russia’s E-Voting Blockchain Platform Attacked

Russia’s blockchain e-voting platform for Vladimir Putin’s proposed Constitutional amendments reportedly suffered a node attack last weekend. The proposal is passed will allow Putin to serve as President until 2036.

Messaging Giant LINE is Developing a Platform for CBDC

Messaging Giant LINE is Developing a Platform for CBDC

Japanese messaging giant Line is developing a platform to aid Asian central banks in their pursuit of central bank digital currencies (CBDC).

Mitsubishi to Digitize Metal Resource Trade on Blockchain Platform

Mitsubishi to Digitize Metal Resource Trade on Blockchain Platform

Mitsubishi Corporation has launched a blockchain platform to streamline and digitize metal trading via its metals and minerals subsidiary.

Dubai Economy Moves to Blockchain-Based Unified Business Registry Platform

Dubai Economy Moves to Blockchain-Based Unified Business Registry Platform

Dubai’s Department of Economic Development has announced its move to a Unified Business Registry Platform (UBRP). The UBRP is hosted on the innovative Blockchain Platform as a Service (BPaaS) of Dubai Pulse which is a joint initiative of Smart Dubai and du.

Chinese City Tests Blockchain-Powered Cross-Border Financial Platform

Chinese City Tests Blockchain-Powered Cross-Border Financial Platform

Nanning, a Southern Chinese City, located in Guangxi Region, has experimented with a blockchain-enabled cross-border financial platform.

ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks

ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks

ArcBlock has released an updated framework called ArcBlock Blockchain Platform 1.0. It will assist businesses and developers to quickly manage and build decentralized applications and blockchain networks.

Mastercard Launches Virtual Platform to Help Governments Test CBDCs

Mastercard Launches Virtual Platform to Help Governments Test CBDCs

Payment giant Mastercard has unveiled a virtual platform that will enable central banks to assess and explore Central Bank Digital Currencies (CBDCs).

IBM Joins Trade Finance Blockchain Platform We.Trade As New Shareholder

IBM Joins Trade Finance Blockchain Platform We.Trade As New Shareholder

IBM has announced a new collaboration with blockchain-based trade finance platform, we.trade to enhance network capabilities and accelerate the global growth of the platform. We.trade was designed to connect buyers, sellers, banks, insurers, and other organizations in a network, simplifying cross-border trading. Built on the latest version of the IBM Blockchain Platform, IBM has been the platform’s technology partner since the beginning. We.trade was also the first enterprise blockchain consortium to go live, back in early 2018.

Ethereum is an Ideal ICO Platform, Asserts Roger Ver

Ethereum is an Ideal ICO Platform, Asserts Roger Ver

Roger Ver, a proponent of Bitcoin Cash, noted that ICOs (Initial Coin Offerings) were experiencing a dormant trend. However, he acknowledged that Ethereum could come in handy in eradicating this challenge because it offers a fantastic ICO platform.

Signature Bank Launches New Digital Payments Technology Platform—Signet

Signature Bank Launches New Digital Payments Technology Platform—Signet

In a press release disclosed with Blockchain.news, New York-based Signature Bank announces that it is planning to launch Signet, its digital payments platform, on the Fireblocks network.

Blockchain-Powered A-Medicare Platform Gains Popularity on Social Media

Blockchain-Powered A-Medicare Platform Gains Popularity on Social Media

The A-Medicare platform that is engineered through blockchain, artificial intelligence, and other cutting edge technologies has excited Americans based on its quest to make healthcare available and affordable to all citizens.

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