Bakkt exchange to delist several cryptocurrencies, including top DeFi tokens
The crypto regulatory framework globally has shifted significantly, affecting the operations of firms that offer services related to digital assets....
Month: May 2023
Regulations on Crypto are “Going to Bite” Financial Firms that Market to Consumers
The Financial Conduct Authority (FCA), the regulatory body in the UK, has announced stricter regulations for cryptocurrency firms targeting retail...
Binance leaves Canada in the face of new cryptocurrency restrictions
Only weeks after the nation established a number of new rules for cryptocurrency exchanges, including investor limitations and required registrations,...
QuadrigaCX creditors set to receive 13% of their claims as an ‘interim dividend’
The creditors will receive a monetary equivalent of the value of their lost crypto assets as April 15 2019. News...
Nifty News: Assassin’s Creed unveils ‘smart collectibles’, MechaFightClub winds down and more ….
NFT game MechaFightClub is shutting down due to the regulatory uncertainty in the U.S., while Yuga Lab’s new CEO has...
Binance to Withdraw From Canadian Market Due to Regulatory Climate
Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian...
Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks
In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth...
IMF Warns of ‘Very Serious Repercussions’ if US Defaults on Debt Obligations
The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if...
Governor Ron DeSantis Signs Bill Prohibiting Use of Central Bank Digital Currencies in Florida
On Friday Florida’s governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in...
More Than 700 US Banks Facing ‘Significant Safety and Soundness Risk’ Due to Massive Unrealized Losses: Federal Reserve
Newly released data from the Federal Reserve shows more than 700 American banks are facing “significant safety and soundness risk”...
Tron Founder Justin Sun Announces Intention To Enter Memecoin Market As High-Profile Dogecoin Competitor Dips
Tron (TRX) founder Justin Sun says he plans to start trading memecoins. Sun tells his 3.4 million Twitter followers that...
Dogecoin Expected To Experience A Further 6% Decrease Prior to Initiating Recovery
As of the time of writing, Dogecoin (DOGE) was trading at $0.070. The meme-coin has been struggling to recover after...
Cosmos (ATOM) Shows Price Recovery In Response To New Update Reveal
Over the past few days, Cosmos Hub (ATOM) has demonstrated remarkable strength and resilience in its price fluctuations, despite significant...
MakerDAO Massive Upgrade, A New Era For DeFi?
MakerDAO, the decentralized finance (DeFi) project behind the popular stablecoin DAI, has announced a major update called “Endgame.” Endgame is...
Bitcoin Plunges Below $27,000, Which Holder Groups Are Selling?
Bitcoin has plunged below the $27,000 mark during the past day. Here are the market segments that are possibly participating...
