Wild Trading Session Sees Tellor’s TRB Token Slide From $720 to $180 in Hours

Futures tracking the lesser-known token saw $68 million evaporate in leveraged bets in a 24-hour period.

Wild Trading Session Sees Tellor’s TRB Token Slide From $720 to $180 in Hours

A relatively illiquid market and likely overleveraged trading positions pushed Tellor’s TRB token prices up over 250% in 24 hours on Saturday, only for the cryptocurrency to tumble and fal...

8 months ago

Ripple Partner SBI Launches Joint Venture SBI XDC Network APAC with TradeFinex

SBI Holdings, a prominent Japanese financial services firm and partner of Ripple, has revealed a partnership with TradeFinex, a company based in the UAE specializing in the XDC Network.

Ripple Partner SBI Launches Joint Venture SBI XDC Network APAC with TradeFinex

Together, they’ve established SBI XDC Network APAC Co., a collaborative initiative with the goal of advancing the utilization of XDC Network’s blockchain technology across ...

8 months ago

Vitalik Buterin proposes to make Ethereum PoS ‘lighter and simpler’

The Ethereum co-founder suggested reducing validator signatures to lighten the load and make predicting future loads more accurate.

Vitalik Buterin proposes to make Ethereum PoS ‘lighter and simpler’

Ethereum co-founder Vitalik Buterin has proposed a way to reduce the load on the Ethereum blockchain and make its proof-of-stake (PoS) consensus “considerably simpler and lighter.”

8 months ago

Ark Invest sells more Coinbase shares, allocates $92 million in ProShares bitcoin futures-based ETF

Cathie Wood’s Ark Invest sold another 148,885 Coinbase shares on Wednesday as it continued its December selling spree for COIN.

Ark Invest sells more Coinbase shares, allocates $92 million in ProShares bitcoin futures-based ETF

Cathie Wood’s Ark Invest sold another 148,885 Coinbase shares, valued at approximately $27.58 million, on Wednesday and purchased $92 million worth of ProShares Bitcoin Strategy ETF (BITO)...

8 months ago

Trump-related crypto wallet cashed out $2.4m worth of ETH

According to on-chain data, a crypto wallet associated with the former U.S. president has transferred millions of dollars worth of Ethereum to Coinbase.

Trump-related crypto wallet cashed out $2.4m worth of ETH

An Ethereum wallet, which has been accumulating royalties from Donald Trump‘s NFT collection for months, has started moving the funds to the centralized crypto exchange. According to ...

8 months ago

Nigeria to launch first regulated stablecoin

A consortium of Nigerian banks, fintechs and blockchain companies is developing the first regulated Naira stablecoin, cNGN.

Nigeria to launch first regulated stablecoin

The new stablecoin cNGN will be a consortium-based compliant and regulated Naira stablecoin. cNGN will be pegged 1:1 to NGN, but unlike previous stablecoin drafts, it will be owned by Niger...

8 months ago

Crypto Exchange Bitzlato “Temporarily” Halts Withdrawals

The exchange’s co-founder pled guilty and agreed to dissolve the exchange. The French authorities seized the exchange’s assets earlier.

Crypto Exchange Bitzlato “Temporarily” Halts Withdrawals

The troubled crypto exchange Bitzlato has suspended withdrawals and technical support to its customers, calling it a “temporary measure.” The suspension occurred weeks after the co-f...

8 months ago

PancakeSwap Developers Launch Proposal to Reduce CAKE Token Supply by 300 Million Tokens

CAKE’s Emission Rate Continue to Decline

PancakeSwap Developers Launch Proposal to Reduce CAKE Token Supply by 300 Million Tokens

Decentralized exchange (DEX) PancakeSwap has introduced a proposal to significantly decrease the maximum supply of its native ecosystem token, CAKE.  The developers seek to reduce...

8 months ago

South Korea to disclose top public officials’ crypto holdings next year

The country’s personnel management ministry said that it will have some 5,800 officials disclose details of their cryptocurrency holdings.

South Korea to disclose top public officials’ crypto holdings next year

South Korea will have its high-ranking public officials disclose crypto holdings starting next year, the country's personnel ministry said. The Ministry of Personnel Management&nbs...

8 months ago

Hong Kong to oblige stablecoin issuers to obtain license — consultation paper

The criteria for obtaining an HKMA license will include full backing of all circulating stablecoins with reserves “at least equal to the par value.”

Hong Kong to oblige stablecoin issuers to obtain license — consultation paper

Hong Kong has proposed it will accept and regulate fiat-referenced stablecoins (FRS), but issuers will be obliged to obtain a specific local license. This is one of the main points of ...

8 months ago

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