BTG Pactual – one of Latin America’s largest investment banks – will reportedly launch its own stablecoin, whose value will be tied to the American dollar. The corporation joined the industry years ago by issuing a security token called ReitBZ and introducing a cryptocurrency exchange in Brazil. The Latest Push According to Reuters, Banco BTG...Read More
One of the leading crypto mining firms – Marathon Digital – mined a record 2,195 BTC during the year’s first quarter and increased its holdings to 11,466 bitcoin (equivalent to over $321 million at current prices). The positive result at the start of the year contrast with the performance from 2022. The company’s mining capacity...Read More
The multichain token bridge Allbridge, which was recently hacked, said that 1,500 BNB (worth around $465,000) was returned to its team. The rest of the funds will be considered a white hat bounty to the exploiter, according to the statement. The cross-chain bridge enables digital asset transfer from one blockchain network to another via liquidity...Read More
In an abrupt turn of events, peer-to-peer Bitcoin marketplace Paxful has closed its doors indefinitely after a number of internal conflicts and regulatory troubles were brought to light. The company’s CEO Ray Youssef is now recommending that users of the marketplace migrate to other marketplaces like Noones. The End of Paxful Per a statement from...Read More
Ethereum has been making headlines recently, and for a good reason. The popular cryptocurrency has broken above its crucial monthly resistance level, leaving traders and investors hoping for a new bull run. The timing couldn’t be better, as Ethereum’s upcoming Shapella upgrade is also generating significant hype among the crypto community. As a result, prominent...Read More
After a rocky end to 2022, Bitcoin finished the first quarter well in the green, recording an impressive 70% in gains. The core network activity depicted a bullish picture amidst the broader market recovery. According to data compiling the performance of the network and the asset in Q1, Bitcoin surpassed 800 million transactions for over...Read More
Open exchange, or “OPNX,” the crypto exchange created by Su Zhu and Kyle Davies, the founders of the bankrupt cryptocurrency hedge fund Three Arrows Capital, launched on Tuesday, April 4. The platform’s launch will include a distribution of its native token called FLEX. OPNX CEO said users can trade spot and futures in a statement...Read More
[PRESS RELEASE – Victoria, Seychelles, April 4th, 2023] Wallet upgrade also includes first-of-its-kind independent ‘Emergency Escape’ 2/3 asset recovery feature OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today upgraded its OKX Wallet to become the first Web3 wallet to utilize leading-edge multi-party computation (MPC) technology in combination with...Read More
[PRESS RELEASE – Lisbon, Portugal, April 4th, 2023] Guarda Wallet, a non-custodial crypto wallet, and Simplex by Nuvei, an industry-leading fiat-to-crypto on-ramp solution provider, have launched a promotional deal for zero-fee cryptocurrency purchases when paying with EUR. This means that European users can now buy BTC, ETH, and LTC at no additional charge. This joint...Read More
The insiders of the now-defunct Signature Bank have reportedly sold over $100 million of shares in the years after the bank shifted its focus to attract cryptocurrency companies. According to an analysis conducted by the Wall Street Journal, Signature Bank’s chairman, its former chief executive officer, as well as his successor collectively sold around $50...Read More
Jeremy Hogan, a partner at Hogan & Hogan, has disclosed his crypto portfolio, revealing that the majority of his holdings, approximately 74.3%, are in XRP, with the remaining 25.69% allocated to Bitcoin. Hogan, who has been closely following the ongoing Ripple vs. SEC lawsuit, shared details of his wallet activity, which showed recent operations as...Read More
The exploiter behind the multi-million dollar Euler Finance attack has returned all recoverable funds, the decentralized finance (DeFi) lending protocol announced Tuesday. In a Twitter post, the project’s development team disclosed that the hacker returned all the funds after successful negotiations. Euler Finance Receives Stolen Funds Recall that Euler lost roughly $200 million on March...Read More
[PRESS RELEASE – Labuan, Malaysia, April 4th, 2023] On 4th April 2023, Cerus Markets announced the launch of its new platform for easy, safe, and innovative crypto derivatives trading. Founded by industry veterans, Cerus Markets plans to revolutionize the way people trade cryptocurrencies. Cerus Markets is proud to introduce Non-Deliverable Crypto contracts (NDC’s) as the...Read More
About two weeks ago, Terraform Labs’ CEO Do Kwon was arrested in Montenegro after trying to fly to another country using fake documents to mask his identity. Once his real identity was confirmed, both the U.S.A. and South Korea requested his extradition. Asset Seizure by Authorities For the moment, it’s unclear which request will be...Read More
America’s war on crypto has targeted Binance, the world’s largest crypto exchange. In late March, the Commodity Futures Trading Commission unleashed a barrage of accusations against Binance and CEO Changpeng Zhao. Since then, the firm’s market share has plunged as much as 16%, according to recent research. On April 3, Kaiko research director Clara Medalie...Read More
The decentralized multi-chain Web3 DeFi wallet – BitKeep – announced that its total user count has exceeded 10 million as of April. Since surviving multiple hacks, the company has witnessed tremendous growth. In March alone, BitKeep added 560,000 new user accounts as a result of numerous successful campaigns between the company and several prominent blockchains,...Read More
Research from blockchain analytics firm Kaiko shows that Bitcoin’s correlation to gold soared to its highest level in over a year in March. The newfound correlation has occurred amidst a falling correlation to the stock market, indicating that Bitcoin may be drifting toward risk-off asset status. Bitcoin As Digital Gold Per Kaiko’s report, the correlation...Read More
