In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks of other competing liquid staking products such as Lido, Coinbase, Rocket Pool, and Frax.
…
Read more
Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York. Two new consortiums will dispute the assets of bankrupt crypto lender Celsius Network in an auction scheduled for April 25 in New York. According to reports and court filings, crypto exchanges Gemini…
Read more
Anja Manuel said U.S. sanctions generally work with “responsible” blockchain firms but not when there are fintech solutions available to individuals looking to circumvent them. According to former Department of State official Anja Manuel, if the United States isn’t able to maintain its dominance in financial innovation and payments, it could affect its national security…
Read more
Coinbase CEO Brian Armstrong has indicated that the exchange could leave the US if regulators don’t clarify their approach to the digital asset space. “Anything is on the table, including relocating or whatever is necessary,” he said during the Innovate Finance Global Summit Tuesday after former UK Chancellor George Osbourne asked whether he could see…
Read more
It’s reported the U.S.-based crypto exchange is planning to quickly launch a derivatives exchange based in the island nation. United States-based cryptocurrency exchange Coinbase has received a license to operate in Bermuda and it’s reportedly set to launch a derivatives exchange based there as soon as next week. According to an April 19 blog post,…
Read more
Contract upgrades, admin changes and protocol tweaks can now be made using standard APIs that were previously unavailable on Base. The OpenZeppelin Defender smart contract security platform has now integrated with Coinbase’s Base network, allowing Web3 app developers on Base to automate security tasks. According to an April 19 announcement from blockchain cybersecurity firm OpenZeppelin,…
Read more
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: Today in Crypto: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO’s Genesis Validator Deposit Smart Contract Going Live on Thursday Read more »Sign up for e-EUR…
Read more
It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just…
Read more
According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto assets as securities, including the case against Terraform Labs, which insists…
Read more
Bank of America and Fidelity have increased their MicroStrategy exposure in what appears to be a passive Bitcoin investment. MicroStrategy’s infamous Bitcoin (BTC) investment strategy is playing out profitably so far into 2023. Today, MicroStrategy’s stock MSTR is up roughly 140% year-to-date (YTD) to $350 per share, its highest level since September last year. It…
Read more
