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Kraken Mulls Offering Traditional Stocks and ETFs
29.9.2023
Kraken, a prominent US-based cryptocurrency exchange, is reportedly considering expanding its product offerings to include traditional stocks and exchange-traded funds (ETFs).
The move marks Kraken's first push beyond the realm of crypto assets, Bloomberg Law reported, citing people familiar with...
Astonishing growth from this altcoin suggests impending crypto bullrun
29.9.2023
Growth is detrimental to the success of altcoins. Altcoins need to adapt to changing environments with new technology to remain relevant and outperform competition from other altcoins and new start-ups. Investors have the challenge of finding these start-ups before everyone does to take advantage...
Bitcoin Traders Eye $28K; Solana, Cardano and Tellor Lead Altcoin Bump
29.9.2023
Traders at Japanese exchange Bitbank said in a daily note that they expect bitcoin prices to move towards the $28,000 level, citing ETF optimism
Circle Files Amicus Brief in SEC's Binance Lawsuit, Says Stablecoins Are Not Securities
29.9.2023
Stablecoin issuer Circle has stepped into the legal battle between the Securities and Exchange Commission (SEC) and major crypto exchange Binance.
Circle argued in its amicus curiae brief that stablecoins, whose value is backed by other assets, should not be subject to the same regulatory...
China Uses Digital Yuan to Recycle Gold, Pay Land Registry Fees
29.9.2023
Chinese firms, banks, and city governments are using the digital yuan to recycle gold and pay land registry fees as CBDC adoption efforts continue.
Per the fiance-focused media outlet JRJ, the Shenzhen Branch of the central People’s Bank of China (PBoC) has teamed up with the Shanghai Gold...
On-chain Expert Probes the Ethereum Foundation's Link to the Filecoin ICO
28.9.2023
An on-chain investigator, known as @BoringSleuth on X (formerly Twitter), has raised questions about the origin of the popular blockchain project Filecoin (FIL) and its initial coin offering (ICO).
In a recent report shared on X, BoringSleuth detailed that they began their investigation...
Coinbase Secures Approval to Offer Perpetual Futures Trading for Non-US Retail Users
28.9.2023
Coinbase has received regulatory approval to offer perpetual futures trading services to retail customers outside the United States.
In a Thursday blog post, the largest US-based crypto exchange said it has received additional regulatory approval from the Bermuda Monetary Authority (BMA) to offer...
Fireblocks Platform Now Offers Institutions Access to Tezos
28.9.2023
Fireblocks, a platform specializing in crypto custody and settlement services for financial institutions, has added full support for the Tezos (XTZ) network.
The move allows users of the Fireblocks Wallet to securely store Tezos-based assets and leverage the platform's decentralized...
Binance Asks Paysafe Users to Convert EUR Balances to USDT by End of October
28.9.2023
Binance has asked Paysafe users to convert their euro balances to USDT by the end of October as the payments provider has stopped processing euro deposits for the exchange's users.
In a Thursday announcement, Binance said Paysafe has "unilaterally decided to stop processing EUR deposits...
Chinese Tech Giant Tencent Joins CBDC Interoperability Pilot
28.9.2023
China’s Tencent, the operator of the WeChat and WeChat Pay platforms, will join central bank-led digital yuan and CBDC interoperability pilots.
WeChatPay, along with its rival Alipay, has cornered some 15% of the Chinese payments market.
But in recent years, Tencent has moved to align with...
Local US Bank Shut Down after CEO Lost Millions in Crypto Scam
27.9.2023
Heartland Tri-State Bank, a community bank in Elkhart, Kansas, has been forced to shut down after its CEO, Shan Hanes, lost millions of dollars in a cryptocurrency scam.
The incident unfolded on July 5 when Hanes, desperate to retrieve his money from a supposed cryptocurrency investment...
Binance Market Share Continues to Fall As Crypto Giant Loses Ground to Rivals
27.9.2023
Binance, the world's largest cryptocurrency exchange, has seen a sharp drop in market share among non-dollar crypto exchanges.
According to data by The Block, Binance's market share among a group of exchanges that includes major Asian players like Upbit, Huobi, Bybit, and OKX hit 54% in August...
MATIC Holds Still Above $0.50 As Renewed Chain Activity Attracts Bulls
27.9.2023
Polygon (MATIC) has maintained its stance above $0.50 despite recent bearish pressure which some observers suggest could see the token fall below the support level.
At press time MATIC trades at $0.51 after recovering a slight decline below $0.50 this month. Despite this, MATIC holders have...
Wall Street Memes Price Pumps 106%, Soars Into Top 10 Meme Coins Whilst Pepe and Shiba Inu Slide
27.9.2023
Just 24 hours after listing on top-tier centralized exchanges OKX and Huobi, Wall Street Memes ($WSM) has soared into the ranks of the top meme coins.
$WSM was available in presale for as low as $0.025 and is now trading at $0.040 for a gain of 60% – on OKX the price gained 106%. Trading volume...
SDX Welcomes 6th Exchange To The Fold
27.9.2023
Hypothekarbank Lenzburg, a prominent regional Swiss bank with assets exceeding $7 billion, has joined the Six Digital Exchange (SDX), becoming the sixth Swiss bank to do so.
In a Wednesday press release, SDX said it welcomes Hypothekarbank Lenzburg as a new member of its central securities...
Biggest Crypto Gainers Today on DEXTools – POFI, HarryPotterObamaPacMan8Inu, ZKLAB
26.9.2023
Blue chip cryptocurrency markets are slightly in the red on Tuesday, but for the most part are holding up pretty well within recent ranges, despite longer-dated US yields pushing to new multi-decade highs.
Bitcoin (BTC) was last changing hands in the low $26,000s, whilst Ether (ETH) was trading...
HTX Hacker Makes Off With $8 Million
26.9.2023
Crypto exchange HTX experienced a security breach over the weekend that resulted in the loss of $8 million worth of crypto assets.
In a recent post on X (formerly Twitter), HTX stakeholder Justin Sun confirmed the news, detailing that the hacker managed to steal 5,000 ETH (worth around $8 million)...
Trader Joe Sends Grant Proposal to Arbitrum
26.9.2023
Trader Joe, a major decentralized exchange (DEX) operating on the Avalanche (AVAX) blockchain, has applied for a 1.83 million ARB grant from Arbitrum DAO.
In a recent announcement shared on X (previously Twitter), Trader Joe said it has submitted a "short-term incentive proposal to the Arbitrum...
Is Another US Government Shutdown on The Horizon?
26.9.2023
Over the next week, the United States government faces the possibility of a shutdown as House Speaker Kevin McCarthy grapples with internal political pressures regarding spending plans.
The decision could also have adverse effects on the progress of crypto bills awaiting a vote, potentially...
Crypto Asset Management Industry Could Reach $650B in Five Years, Up From $50B Today: Report
26.9.2023
The crypto asset management industry is set to experience exponential growth in the coming years, according to analysts at Bernstein Research.
The analysts, led by Gautam Chhugani, predicted that crypto funds could reach a staggering $500 billion to $650 billion within the next five years,...