The leading stock exchange – Nasdaq Inc. – could make another push toward the cryptocurrency sector by launching custody services by the end of the second quarter of this year. Fidelity and Bank of New York Mellon are other financial behemoths that offer such options. Ira Auerbach – Senior Vice President and Head of Nasdaq...Read More
With the much-anticipated Shapella upgrade just around the corner, the Ethereum Foundation has increased the bug bounty. According to the latest developers’ call, the reward was updated as part of the last-minute testing efforts. Bug Bounty In the 105th All Core Developers Consensus (ACDC) call, Security Researcher at the Ethereum Foundation – Fredrik Svantes –...Read More
Arbitrum’s much-anticipated token airdrop shook up the crypto space as on-chain activity of the popular layer-2 solution soared to levels not seen before. With the introduction of the ARB token, Arbitrum finally transformed into a DAO. Meanwhile, the hunters of this cash rain raked in an impressive amount of ARB tokens. In the first hour...Read More
Shares in Deutsche Bank – Germany’s largest lender – began to crash on Friday as financial industry fears continue to spread following a string of global bank failures this month. Meanwhile, the cost of default insurance on the bank’s potential collapse has risen to four-year highs. Is Deutsche Bank Next? Deutsche Bank (DBK) shares fell...Read More
Bitcoin, the world’s first and largest cryptocurrency, has been the subject of intense speculation and analysis since its inception in 2009. It has seen a meteoric rise in value, reaching an all-time high of nearly $69,000 in November 2021, but has since experienced a significant pullback. As 2023 progresses, many investors are wondering whether Bitcoin...Read More
Since the rise of AI, the integration of AI and blockchain technology has become a growing trend in the cryptocurrency space. Recent Aptos news suggests that it may be looking to incorporate AI solutions from Avorak AI or Fetch.ai to enhance its platform’s capabilities. What is Aptos (APT)? Aptos is a Layer-1 blockchain that seeks...Read More
US prosecutors have reportedly accused the notorious Co-Founder of Terraform Labs – Do Kwon – of orchestrating a cryptocurrency scam that drained at least $40 billion from investors. The authorities of Montenegro arrested the 31-year-old developer earlier this week after he was on the run for several months, hiding in numerous countries and falsifying his...Read More
[PRESS RELEASE – Please Read Disclaimer] This past week has been full of excitement in the DeFi space; we’ve seen a mini market rally, ApeSwap and Onyx DAO both launch on Arbitrum, and most exciting of all, Arbitrum finally announced their fabled $ARB token airdrop. Current estimations are that over $1 billion USD worth of...Read More
[PRESS RELEASE – Denmark, Copenhagen, 24th March 2023] Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures Narwhal Finance, the decentralized cross-market perpetual trading platform built on BNB Chain and Arbitrum, announced a $1 million seed round funding led by Animoca Ventures, with participation from Hailstone Ventures and various angel investors. Narwhal Finance...Read More
[PRESS RELEASE – Calgary, Alberta, 24th March 2023] Toshi Tools, an all-in-one crypto information app, is launching to provide crypto traders with the tools they need to succeed. An intuitive design and suite of unique features will empower users to navigate the complex world of cryptocurrency markets. The first recipients of the Toshi Tools app...Read More
Modulo Capital, an investment firm created by three former Jane Street executives, has been dealing with a request from the FTX Group for the return of VC investments received from Alameda Research. Old Friends The executives in question, Xioayun “Lily” Zhang and Duncan Rheingans-Yoo, were known to Sam Bankman-Fried from his stint as an employee...Read More
ARK Invest, the investment management firm founded by the iconic Cathie Wood, has made a bold move in the crypto world, snatching up a substantial amount of Coinbase (COIN) shares amidst market turmoil. While the SEC has sent a Wells Notice to Coinbase, warning of potential enforcement action, ARK Invest saw an opportunity to capitalize...Read More
On Thursday 23 March 2023, our trading engine was suspended from 12:55 UTC to 13:20 UTC, with orders executed in cancel only mode during this time. This suspension was triggered by our audit process detecting a possible inconsistency in the exchange state and halting the exchange as a precautionary measure. At BitMEX our positions and...Read More
Bitcoin custodian and licensed private bank Xapo announced partnering with the fintech firm Circle to integrate USDC payment rails. Xapo has become the first licensed bank in the world to add outrails to its existing USDC on-ramps. The new feature is expected to allow members to bypass costly and time-consuming SWIFT payments and instead deposit...Read More
