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Optimism DEX Velodrome Generates Record Weekly Fees Following Coinbase Announcement
27.2.2023
Coinbase said last week that it is launching BASE, another layer two network built using Optimism technology
Crypto Crime Hit All-Time High of $20.6B in 2022: Chainalysis
27.2.2023
Kim Grauer, the blockchain sleuthing firm's head of research, told CoinDesk TV sanctioned activity and hacking were the driving forces behind the rise in illicit transaction volumes last year
Coinbase Trade Volume Surpasses Uniswap’s, Countering Expectations for a DEX Surge
27.2.2023
Market observers expected a surge in the use of decentralized exchanges following the collapse of FTX, but analysts said many DEXs offer a less user-friendly experience than centralized ones
Crypto Hedge Fund Arca VP of Portfolio Management Leaves
27.2.2023
Hassan Bassiri’s exit comes months after the firm shuttered its Digital Yield Fund, citing market volatility
Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022
27.2.2023
DCG held cash and cash equivalents of just $262 million at the end of 2022, while investment assets amounted to $670 million
Gary Gensler’s Take on Crypto Doesn’t Matter
27.2.2023
Axelar Introduces Virtual Machine for Developers Building Cross-Chain Crypto Apps
27.2.2023
Axelar describes its new VM as Kubernetes for Web3
Avatars, Get Ready to Strut: Decentraland to Host Second Metaverse Fashion Week
27.2.2023
The event will see Dolce & Gabbana and Tommy Hilfiger return with new virtual activations, while Coach and Adidas are set to debut their digital wearables on the popular metaverse platform
TrueUSD Becomes 5th-Largest Stablecoin as Binance Mints $130M TUSD in a Week
27.2.2023
Blockchain data shows exchange giant Binance has been relying increasingly on TUSD after regulators clamped down on its Binance USD stablecoin
UK Banking Regulator to Propose Rules on Issuing, Holding Crypto
27.2.2023
The U.K. also recently started a consultation on regulating the sector and a potential central bank digital currency
Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds Last Year: Forbes
27.2.2023
This meant that over $1 billion worth of tokens called B-peg USDC – digital replicas of dollar-pegged stablecoin USDC – were uncollateralized despite Binance's claim that they were 100% backed
DeFi Giant MakerDAO Rejects $100M Loan to Cogent Bank
27.2.2023
The rejection follows less than a year after Maker approved a similarly structured loan to Huntingdon Valley Bank
Coinbase to Suspend Binance USD Stablecoin, Saying It Doesn’t Meet Listing Standards
27.2.2023
Coinbase will suspend trading of Binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards, the U.S. cryptocurrency exchange said in a tweet Monday
Crypto Lender Vauld Gets Further Extension for Restructuring Plan
27.2.2023
Vauld now has until March 24 to present its restructuring plan. Its existing legal protection from its creditors expires on Feb. 28
STX Perpetual Futures Open Interest Doubles to $80M as Traders Take Shorts
27.2.2023
I suspect traders are betting that there isn't a follow-up to Bitcoin NFTs and this is more of a flash in the pan, one analyst said
BIT Token Surges to Weekly High Following $200M BitDAO Ecosystem Fund Proposal
27.2.2023
BIT jumped 5% over the weekend, outperforming both ETH and BTC, following the proposal from layer 2 network, Mantle
Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense
27.2.2023
Illinois is trying to follow in New York’s crypto footsteps with a new oversight regime, according to David DeCarlo, Illinois’ first regulatory innovation officer, who is among the prominent advocates for the plan now being shepherded through the state legislature
Tel Aviv Stock Exchange Plans to Let Customers of Its Nonbank Members Trade Crypto
27.2.2023
The operator of Israel's public equity trading platform has also been working on setting up a blockchain-based digital asset trading platform
First Mover Americas: Betting Against Bitcoin Was Popular Move Last Week
27.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Cryptocurrencies Resilient Despite Weaker Equity Markets, Increased Regulatory Activity: Citi
27.2.2023
Stablecoin market caps have stabilized while the percentage of ether in smart contracts continues to rise, the report said