Crypto is now a billion-dollar industry. While reports covering the entire sector are patchy and overly conservative, filings from individual companies speak to the growing scale of crypto, with Coinbase and Blockchain.com alone generating USD 7.35bn and USD 1.5bn in revenue in 2021, respectively…. Read More: How the Crypto Industry is Increasingly Paying Its…
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The in-principle approval from the Abu Dhabi Global Market allows Binance to operate as a broker-dealer in digital assets including cryptocurrencies. Binance, the world’s biggest crypto exchange in terms of trading volume, received in-principle approval to operate in Abu Dhabi, marking its third regulatory approval in the Middle Eastern region after Bahrain and Dubai. The…
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KNC price rallied in excess of 50% after expanding access to ten blockchain networks and an integration with Uniswap v3. The outlook for projects in the decentralized finance (DeFi) sector has begun to improve in recent months as a combination of global events have highlighted the benefits of holding funds outside of the traditional financial…
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Sky Mavis, the company behind the play-to-earn (P2E) game Axie Infinity, announced it has raised $150 million in a funding round to replenish the funds the company lost in the Ronin Network exploit. The funding round — which was led by Binance and had the participation of companies like Animoca Brands, a16z, Dialectic, Paradigm, and…
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Russians reportedly hold about $130 billion in cryptocurrency but the government is yet to adopt crypto legislation. The Russian prime minister declared that the cryptocurrency holdings of Russians are worth billions of dollars but the government is yet to adopt a regulatory framework for the industry. Russians collectively hold more than 10 trillion rubles ($130…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____… Read More: Janet Yellen on Crypto Regulation, UFC’s Bitcoin Bonuses, ‘Largest Crypto Merger’ + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Sky Mavis Raises USD 150M, HSBC & Metaverse, BitPay Adds Bitcoin Lightning Network + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: UK’s Global Crypto Hub Goal, Intel’s ‘Major Role’ in Bitcoin Mining, KuCoin’s NFT Move + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit. Binance’s Lawsuit Dismissed U.S. District Judge Andrew Carter dismissed a lawsuit against cryptocurrency exchange Binance Thursday. The motion to dismiss was filed by Binance and CEO Changpeng Zhao (CZ). The lawsuit…
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In this week’s DeFi newsletter, we discuss Axie Inifnity’s Ronin bridge hack, Binance’s new Bridge 2.0 launch, the rise in DeFi TVL and more. The last week of March saw the decentralized finance (DeFi) market surge to new highs as institutional investors returned to the market. Amid the rising popularity of DeFi products, Axie Inifity’s…
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