Tom Brady copped heat from comedians for his role in partnering with the now-defunct crypto exchange FTX.

Tom Brady roasted on crypto in Netflix special — ‘How did you fall for that?’

Former pro footballer Tom Brady was grilled by comedians and former teammates during a Netflix-streamed roast, and quips about his role in promoting the bankrupt crypto exchange FTX were some of...

4 months ago

LocalMonero, one of the largest peer-to-peer centralized platforms for trading XMR, is sunsetting its services amid the global crackdown on privacy-focused tokens.

LocalMonero exchange shutters due to ‘internal and external factors’

A centralized peer-to-peer marketplace for trading Monero (XMR), LocalMonero, is closing down its services, citing “internal and external factors” as the reason behind the ...

4 months ago

How ETF Liquidity Funds Keep Crypto Trading Smooth

Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong

Three Asian-based ventures have joined forces to launch Hong Kong’s first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement published W...

4 months ago

Daily revenue from Bitcoin mining dropped to under $3 million from the previous daily average of roughly $6 million in the first four months of 2024.

Bitcoin mining revenue hits post-halving yearly low

Earnings from Bitcoin mining dropped significantly in May as the effects of the fourth Bitcoin halving event set in.  The Bitcoin halving mechanism was designed to incre...

4 months ago

Fitch Ratings notes that Block has used convertible debt for external funding since its IPO and is well-positioned to exploit the growth in payments and consumer financial services.

Jack Dorsey’s Block to raise $1.5B in senior notes offering

Fintech firm Block (formerly Square) announced plans on May 6 to issue $1.5 billion in senior notes through a private placement to qualified institutional investors.  Th...

4 months ago

Revolut announced its new Revolut X crypto trading platform for U.K. retail users, which it claims will offer fixed low fees and easy fiat-to-crypto conversion.

Revolut debuts dedicated crypto exchange for UK users

The fintech company and global neobank Revolut made a notable move into the cryptocurrency sphere by quietly introducing a specialized crypto trading platform for retail customers in the United ...

4 months ago

The SEC is planning to file an “enforcement action” against Robinhood’s cryptocurrency business, according to the Wells notice.

Robinhood crypto business slapped with SEC Wells notice

The United States Securities and Exchange Commission (SEC) has issued a Wells notice to the popular trading platform Robinhood. Following the news of the Wells notice, Robinhood’...

4 months ago

Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’

Polygon, a prominent Ethereum layer-2 developer, has introduced the alpha version testnet of its latest zero-knowledge (ZK)-rollup solution named Miden. In a post on May 6, P...

4 months ago

Exodus Movement, Inc., the developer of non-custodial crypto wallet Exodus, is set to go public on May 9 on the NYSE American in a bid to create “long-term value” for investors.

Bitcoin wallet developer Exodus to go public on New York Stock Exchange

Crypto wallet maker Exodus Movement, Inc. received approval for its common stock for listing on the New York Stock Exchange (NYSE), the company announced in a press release o...

4 months ago

The Infinex protocol — dubbed the "UX Layer" of DeFi — is targeting a May 13 launch, pending a final vote from Infinex's governing council.

Synethix founder Kain Warwick targets mid-May launch for Infinex DEX

Synethix founder Kain Warwick has given a date for when the decentralized exchange front-end and self-custodial account system Infinex is set to go live after several delays from its expected Q4...

4 months ago