Bitfinex launches P2P trading platform in Venezuela, Argentina and Colombia

The launch announcement followed expansion moves by Bitfinex into El Salvador and Chile through licensing and partnerships, respectively. News Join us on social networks Digital asset exchange Bitfinex has launched a peer-to-peer (P2P) trading platform in Venezuela, Argentina and Colombia. In a June 27 announcement, the crypto exchange said it had started the “Bitfinex P2P” …

New Web3 ID app lets users find each other based on proven interests

Quivr allows users to connect multiple apps, including Spotify, Steam and Instagram, to generate behavior-based badges proving their interests. News Join us on social networks A Web3 app launched on June 27 lets users prove their social credibility using blockchain technology, according to an announcement from the app’s development team. Called “Quivr,” it lets users …

Yield Protocol declares full recovery from Euler hack, awaits user token exchange

The permissionless, collateralized fixed-rate borrowing and lending market restored operations in May and will now switch out user tokens worth $1.5 million. News Join us on social networks Yield Protocol announced on June 27 that it had fully recovered from the Euler flash loan attack. Liquidity providers can now update their strategy tokens, the protocol …

Fed Governor Says Unclear Digital Asset Regulation Putting Banks in ‘Perilous Position’

Federal Reserve governor Michelle W. Bowman says that the lack of clear regulations for crypto assets is placing financial institutions at risk. In a speech delivered in Austria over the weekend, Governor Bowman says that there is a supervisory gap in how regulators oversee novel banking ventures, including activities associated with the crypto space. According …

HyperCycle and Penguin Group Join Forces To Redefine High-Performance Computing for AI-Driven Growth in Paraguay

June 27, 2023 – Geneva, Switzerland HyperCycle, a groundbreaking layer zero++ blockchain infrastructure engineered for high-speed and cost-effective AI-driven micro transactions, has partnered with Penguin Group to release HyperPG – an advanced software for accessing HPC (high-performance computing) for the fast growing AI economy. The partnership will make the HyperPG platform available to individuals, as …

OKX Liquid Marketplace Launches ‘Nitro Spreads,’ Enabling One-Click Basis Trading for Institutional Clients

June 27, 2023 – Dubai, United Arab Emirates OKX, the second-largest crypto exchange by trading volume and a leading Web 3.0 technology company, today launched its new ‘Nitro Spreads’ feature on its institutional Liquid Marketplace – an OTC futures spreads and options liquidity network – allowing traders to make complex basis trades with simple one-click …

Judge says arguments behind SBF’s motions to dismiss criminal charges are ‘moot or without merit’

Former FTX CEO Sam Bankman-Fried will likely still face 13 criminal counts over two separate trials starting in October 2023 and March 2024. News Join us on social networks A federal judge overseeing the case against former FTX CEO Sam Bankman-Fried (SBF) has denied motions from his legal team seeking to dismiss all but three …

Japanese and Singaporean regulators join forces on crypto pilot project

“Decentralized financial ecosystem continues to develop in complexity, and it is important to address emerging risks,” said FSA official Mamoru Yanase. News Join us on social networks On June 26, Japan’s financial regulator, the Financial Services Authority (FSA), announced a partnership with the Monetary Authority of Singapore (MAS) for the joint regulation and pilot testing …

Trader weighs in on possible Bitcoin price drivers for remainder of 2023

A popular name on Twitter, trader Michaël van de Poppe was interviewed for the 10th episode of Cointelegraph’s Crypto Trading Secrets podcast. Podcast Join us on social networks Cointelegraph’s Crypto Trading Secrets podcast has published its 10th episode, featuring an interview with trader Michaël van de Poppe, who caters to an audience of more than …

Gary Gensler is hurting the little guys for Wall Street

Securities and Exchange Commission Chair Gary Gensler is working to protect someone, but it’s not American investors. Opinion Join us on social networks Even the most stalwart crypto supporters could see why the Securities and Exchange Commission might target the crypto industry for some enforcement. Events of the past year — from the failure of Three …

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