Binance.US Secures Approval to Acquire Bankrupt Crypto Lender Voyager Digital

Daniel Sharkey | March 9, 2023 | Leave a comment

As part of its expansion plan, Binance.US has received approval from the US Bankruptcy Court to acquire the assets of the now-collapsed Voyager Digital. The deal, reportedly valued at over $1 billion, will allow Binance.US to expand its operations...

Silvergate Returns $9.85M Deposit To BlockFi Amid Ongoing Bankruptcy Row

Daniel Sharkey | March 8, 2023 | Leave a comment

As part of its bankruptcy proceedings, Silvergate was forced to return $9.85 million to BlockFi. According to documents on the bankruptcy proceedings, the court has asked the bank to release the funds to the now-insolvent crypto lender. Silvergate Refunds...

Platypus DeFi Protocol Reveals Compensation Plan After $9 Million Flash Loan Attack

Daniel Sharkey | March 1, 2023 | Leave a comment

Platypus, a decentralized finance (DeFi) protocol, suffered a flash loan attack nearly two weeks ago, resulting in a loss of approximately $9 million from its main pool. However, Platypus confirmed that the attack was possible due to a code...

VISA and Mastercard Stall Launch Of Strategic Crypto Partnership – Report

Daniel Sharkey | February 28, 2023 | Leave a comment

A recent report from Reuters revealed that two of the world’s leading digital card payment solution platforms, VISA and Mastercard, had halted their planned partnership. VISA and Mastercard decided to delay the launch of the new partnership with crypto...

Digital Asset Custody Services: DZ Bank Partners with Metaco

Daniel Sharkey | February 24, 2023 | Leave a comment

DZ Bank, the second-largest bank in Germany, has announced that it has chosen Metaco to provide its digital asset custody solutions. This move marks the fourth partnership between Metaco and major financial institutions in the last eight months. This...

Tencent Cloud Forays Into Web3 With Ankr And Avalanche Deals

Daniel Sharkey | February 24, 2023 | Leave a comment

Tencent Cloud, a worldwide cloud service provider under China’s top internet firm Tencent Holdings, has voiced its interest towards Web3. The firm further substantiated its interest in Web3 by laying the groundwork for future collaborations with well-known Web3 brands...

USDT And USDC Stablecoins See Significant Rise Following BUSD Crash

Daniel Sharkey | February 23, 2023 | Leave a comment

The recent regulatory scrutiny of the stablecoin market has given rise to USDT’s dominance, with Circle’s USD Coin (USDC) recording more than $700 million in market valuation. However, the recent development comes after Paxos Trust announced that it had...

Hong Kong New Licensing Regime To Allow Retail Crypto Trading

Daniel Sharkey | February 21, 2023 | Leave a comment

The Securities and Futures Commission (SFC) of Hong Kong has requested public input on its recently proposed licensing framework for cryptocurrency exchanges, which is scheduled to become operational in June 2023. The public has until March 31st to weigh...

Celsius Debtors Publishes A Sale Plan And Selects Novawulf As The Plan’s Sponsor

Daniel Sharkey | February 17, 2023 | Leave a comment

A proposal for the sale of the defunct cryptocurrency lending platform Celsius Network has been submitted to the United States Bankruptcy Court for the Southern District of New York. The plan was approved by the official committee of unsecured...

Hong Kong’s First Tokenized Green Bond Worth $100M Issued Successfully

Daniel Sharkey | February 16, 2023 | Leave a comment

Hong Kong has made history with its inaugural tokenized green bond offering, raising a whopping $100 million in the process. This accomplishment is vital in developing the nation’s green finance market. It demonstrates Hong Kong’s commitment to sustainability and...

Canada Prohibits Crypto Leverage and Margin Trading Due To FTX Debacle

Daniel Sharkey | December 13, 2022 | Leave a comment

Legislative authorities in Canada have taken adequate protective measures to halt the spread of the ongoing contagion owing to the aftermath of the world’s largest crypto exchange, FTX. On Tuesday, the council of Canada’s Provincial and Territorial Securities Regulators...

Coinbase Advises Users To Swap Their USDT To USDC

Daniel Sharkey | December 10, 2022 | Leave a comment

In a recent blog post, the centralized crypto exchange, Coinbase, advised its users to switch from USDT to USDC, hailing the latter stablecoin as a “safe and trustworthy digital dollar.” Coinbase also announced a waiver of conversion fees to...

FTX Exchange Extends Crypto Services In The UAE

Kavon Hyatt | October 31, 2022 | Leave a comment

FTX, a US-based crypto exchange, has expanded its crypto services in the United Arab Emirates. The company announced the news on its Twitter account. Meanwhile, it noted that its FTX’s services are now available only for accredited institutions and...

Kyber Network Neutralizes Hack Attack, Indemnifies Victimized Wallets

Kavon Hyatt | September 7, 2022 | Leave a comment

Kyber Network, a decentralized bourse platform, suffered a hack from an unidentified source last week. The team at Kyber was able to eliminate the threat in two hours. The wallet that got hacked during the hit got reimbursed. Kyber...

Binance Limits Account with Over $1M Following Law Enforcement Request

James Dodson | August 28, 2022 | Leave a comment

The world’s leading cryptocurrency exchange by volume, Binance, twitted about limiting an account with over $1 million. The confirmation came as a reply as the account holder, @TezosBakingBad, complained about the move. What’s All This About? The group holding...

The SushiSwap (SUSHI) Tale Amid 93% Drawdown

James Dodson | August 8, 2022 | Leave a comment

As a DEX’s native coin, SUSHI’s tendencies depend on developments within the decentralized finance (DeFi) space. Nevertheless, bears have dominated the altcoin such that SUSHI remains far from ensuring profits to its investors despite a 71% revival from June...

Synthetix (SNX): What 116% Surge Amidst Increasing Stablecoin Demand Means

James Dodson | August 1, 2022 | Leave a comment

The recovering crypto market has seen many altcoins, including Synthetix (SNX), flourishing more than others. Besides that, these assets have seen increased use cases. Nevertheless, that brings a crucial question. As notable upticks appear lucrative at the moment, can...

Elrond (EGLD): What for Investors Looking to Reduce Losses?

James Dodson | July 12, 2022 | Leave a comment

The July 1 announcement had the scalable blockchain platform Elrond informing its customer about launching its DEX (decentralized exchange), the Jungle DEX. The team stated that the DEX isn’t only a product launch but the gateway to raw, real...

Is Synthetix (SNX) Contemplating Recoveries Days Following Selling Worth $18M?

James Dodson | July 3, 2022 | Leave a comment

Synthetix Network, unlike other platforms, refrained from tracking broad market sentiments. The project formed its path. However, that didn’t imply gains, as it finally witnessed losses totaling $132 million. Synthetix Encounters Some Real Challenges The crypto market fears eventually...

US SEC Investigates DeFi Exchange Uniswap

Kavon Hyatt | September 21, 2021 | Leave a comment

As another signal of mounting regulatory stress on the industry of cryptocurrency, the Securities-and-Exchange-Commission (SEC) of the United States is initiating the investigation of Uniswap Labs, which is known as the force at the back of the crypto exchange...

Cardano’s First DEX Cardax Has Raised $1.5M

Kavon Hyatt | August 8, 2021 | Leave a comment

Cardano (ADA) has been doing quite well for itself lately, as not only are we getting closer to the full launch of Alonzo, but the initial decentralized exchange (DEX), which is scheduled to be launched on Cardano’s network, has...

Hackers Attack Cross-Chain DEX THORChain For The Third Time This Year

Kavon Hyatt | July 28, 2021 | Leave a comment

THORChain is a cross-chain DEX (decentralized exchange) that has now been the victim of a cyber-attack for a whopping 3rd time in 2021 and also the 2nd time in the last seven days. The DEX is unfortunately just the...

DeFi Exchange Kyber Teams Up With Polygon In A Bid To Boost Liquidity

Kavon Hyatt | June 23, 2021 | Leave a comment

The Kyber Network has now officially aligned itself with Polygon (MATIC) in an attempt to improve liquidity via the latest rewards program. The announcement had come yesterday via a blog post, where the network had made it known that...

Polygon Launches $100M Fund To Boost DeFi Adoption

Kavon Hyatt | April 29, 2021 | Leave a comment

Crypto Platform Polygon is looking to increase the adoption rate for the DeFi (decentralized finance) space by initiating a $100Million fund to make the DeFi space more approachable. According to informational sources, the fund is named #DeFiforAll, which focuses...

BTC is Now Consistent Over $56k as Polkadot (DOT) Aims for $40 After an 8% Increase

Kavon Hyatt | March 21, 2021 | Leave a comment

While BTC is struggling to take its price above the mark of $60k, other altcoins with large market caps like UNI and DOT are adding a substantial number of gains in their value and have reduced the dominance of...

Serum And Cryptolocally Have Announced A Mutual Listing Of Various Tokens

Kavon Hyatt | March 13, 2021 | Leave a comment

Serum is an ultra-scalable decentralized exchange, while Cryptolocally is a crypto trading framework that uses a peer to peer (P2P) connection for the trading of crypto assets and their derivatives. Both the companies have a history together as they...

Decentralised Exchange

Binance.US Secures Approval to Acquire Bankrupt Crypto Lender Voyager Digital

Silvergate Returns $9.85M Deposit To BlockFi Amid Ongoing Bankruptcy Row

Platypus DeFi Protocol Reveals Compensation Plan After $9 Million Flash Loan Attack

VISA and Mastercard Stall Launch Of Strategic Crypto Partnership – Report

Digital Asset Custody Services: DZ Bank Partners with Metaco

Tencent Cloud Forays Into Web3 With Ankr And Avalanche Deals

USDT And USDC Stablecoins See Significant Rise Following BUSD Crash

Hong Kong New Licensing Regime To Allow Retail Crypto Trading

Celsius Debtors Publishes A Sale Plan And Selects Novawulf As The Plan’s Sponsor

Hong Kong’s First Tokenized Green Bond Worth $100M Issued Successfully

Canada Prohibits Crypto Leverage and Margin Trading Due To FTX Debacle

Coinbase Advises Users To Swap Their USDT To USDC

FTX Exchange Extends Crypto Services In The UAE

Kyber Network Neutralizes Hack Attack, Indemnifies Victimized Wallets

Binance Limits Account with Over $1M Following Law Enforcement Request

The SushiSwap (SUSHI) Tale Amid 93% Drawdown

Synthetix (SNX): What 116% Surge Amidst Increasing Stablecoin Demand Means

Elrond (EGLD): What for Investors Looking to Reduce Losses?

Is Synthetix (SNX) Contemplating Recoveries Days Following Selling Worth $18M?

US SEC Investigates DeFi Exchange Uniswap

Cardano’s First DEX Cardax Has Raised $1.5M

Hackers Attack Cross-Chain DEX THORChain For The Third Time This Year

DeFi Exchange Kyber Teams Up With Polygon In A Bid To Boost Liquidity

Polygon Launches $100M Fund To Boost DeFi Adoption

BTC is Now Consistent Over $56k as Polkadot (DOT) Aims for $40 After an 8% Increase

Serum And Cryptolocally Have Announced A Mutual Listing Of Various Tokens

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