Leading cryptocurrency exchange Coinbase has launched Ether (ETH) staking service for institutional investors in the United States as the Ethereum network moves closer to the long-awaited Merge. This means that U.S. institutional investors can now join other institutional clients on Coinbase to stake ETH using Coinbase Prime accounts and claim their yield after the Merge,...Read More
Bitcoin-evangelist and billionaire Michael Saylor has stepped down as the Chief Executive Officer of MicroStrategy – one of the world’s largest corporate holders of Bitcoin. He will continue to serve the company as executive chairman of the board. The news comes as part of MicroStrategy’s Q2 2022 Financial Results Presentation, which explains that Phong Le...Read More
Robinhood Crypto – the cryptocurrency-focused unit of the online brokerage firm – has been slapped with a $30 million fine by the New York State Department of Financial Services (NYDFS). The department alleged on Tuesday that Robinhood violated both anti-money laundering and cybersecurity regulations, by neglecting to certify adequate programs for each. As a result,...Read More
Cardano’s Vasil upgrade has been delayed for several weeks to ensure a smooth transition for the end users. But the Input Output Global (IOG) CEO, Charles Hoskinson, believes that things are moving in the right direction, steadily and systematically. While addressing the pushback of the highly anticipated upgrade in a brief update, the Cardano founder...Read More
There are two immutable truths in the world of crypto: there will always be a bear market, and even while the charts are bloody, investors have their eyes peeled for the next coin that can give them a 10x gain or more. Fortunately, three options have been giving traders a ray of hope as they...Read More
Blockchain staking infrastructure provider Ankr has launched its new Staking software development kits (SDKs), allowing developers to integrate liquid staking on their projects across multiple networks. Liquid staking allows users to delegate their tokens to a validator that stakes the asset on their behalf without losing access to their funds. In other words, it is...Read More
After three months of continuous slumps, Tether’s USDT supply is starting to rise again. This trend could be indicative of a potential market recovery. The market cap of the world’s largest stablecoin saw a modest uptick of around 0.7%. The cash injected into USDT has been relatively small and was under $500 million. The first...Read More
The American subsidiary of the world’s leading cryptocurrency exchange – Binance US – disclosed it will no longer support the Amp token (AMP) on its platform. The decision comes as a result of the US Securities and Exchange Commission’s recent insider-trading case, which identified the asset as a security. The financial regulator named nine tokens...Read More
[PRESS RELEASE – Singapore, Singapore, 2nd August, 2022] BinaryX, a leading P2E game development company, has released the official whitepaper for Rh!noX, a collection of 10,000 NFTs enabling holders to use their assets as avatars on various GameFi and DeFi applications on the BNB Chain. The Rh!noX NFT series gets its inspiration from Soulbound items...Read More
It would not be wrong to say that Defi projects are becoming the talk of the place. With breakthrough platforms heading upwards to decentralize our complete ecosystem. One such bubbling project in the crypto world is Kava. The business was set up to provide trustworthy, secure, and easily accessible financial services to everyone across the...Read More
Due to a longstanding embargo on the North Korean regime, local authorities have made headlines countless times for unusual – and often illegal – ways to gather funds. From hacking regular banks to farming in-game currencies via botting, the methods range from essentially harmless to downright threats to national security. Crypto Markets Targeted In Full...Read More
This article is part of our new series of crypto research content, produced by the Bitcoin Magazine team and sponsored by BitMEX. To learn more about our wide-ranging partnership with Bitcoin Magazine, click here. In today’s issue, we’re highlighting some of the latest data on the U.S. Gross Domestic Product recession debate and economic cycles...Read More
When we launched spot trading on BitMEX, we knew we wanted to do things differently. Which is why we launched our biggest giveaway ever – featuring $1 million USD worth of crypto and prizes – to BitMEX users new and old. The results were overwhelming, and we thank everyone who participated. Thousands upon thousands of...Read More
The world’s largest crypto exchange – Binance – has announced that it is all set to issue Binance Account Bound (BAB), the first-ever Soulbound Token (SBT) built on the BNB Smart Chain. BAB will be introduced as a pilot project initially and will only be accessible through the Binance mobile app. It will be an...Read More
In the early hours of August 2, Nomad bridge posted an alert that it was aware of an ongoing exploit. In the following hours, the entire protocol’s funds of more than $190 million were drained. Crypto community developer and white hat ‘samczsun’ broke down the chain of events, explaining what happened. He labeled the attack...Read More
American jewelry brand Tiffany & Co. announced the launch of its new NFT collection. Dubbed “NFTiff,” the sale of the series is slated for August 5th. The initiative is led by Alexandre Arnault, the luxury retailer’s recently appointed executive vice president of product and communications and former president of Rimowa. We’re taking NFTs to the...Read More
