Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Major crypto exchange Coinbase has dropped Silvergate bank as its partner for USD deposits and withdrawals, per a company memo.The digital asset platform directed institutional Prime users to update payment instructions to the new banki...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: The incubator dubbed Chiliz Labs will support early-stage web3 sports and entertainment projects that build on the company’s layer 1 blockchain launched in February.Investment company Jump Crypto backs the $50 million incubator in...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: FTX’s crypto derivatives exchange LedgerX instructed customers to make local wire transfers through Signature bank instead of the firm’s usual banking partner, Silvergate bankBloomberg reported that LedgerX users will have t...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Nishad Singh who served as FTX’s former director of engineering agreed to plead guilty to U.S. criminal charges on Tuesday.Reuters reported that Singh will plead guilty to one count of conspiracy to commit commodities fraud, one c...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Ethereum’s Shanghai upgrade meant to enable the withdrawal of staked ETH was successfully tested on Sepolia, a public testnet.The test simulated two crucial upgrades – Shanghai on the execution layer and Capella on the consensus l...
Cryptocoins News / EthereumWorldNews - 1 year ago
Crypto conglomerate Digital Currency Group (DCG) has posted a $1.1 billion loss for 2022.& The company’s Q4 investor report blamed declining crypto prices and Genesis’ bankruptcy for the massive loss.& DCG held $5.3 billion as of 31 December...
Cryptocoins News / EthereumWorldNews - 1 year ago
A report by Forbes found that Binance transferred nearly $1.8 billion worth of stablecoins collateral to hedge funds last year.& The beneficiaries included Justin Sun, Cumberland, and Sam Bankman-Fried’s Alameda Research.& Forbes has claimed...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Coinbase said that the Binance-branded stablecoin BUSD does not meet the listing standards on the major crypto exchange.BUSD trading will be suspended on March 13, 2023, per an official tweet from the San Francisco-based company. “...
Cryptocoins News / EthereumWorldNews - 1 year ago
BitDAO’s Mantle Core recently submitted a proposal on the DeFi protocol’s governance forum.& The proposal sought to establish a $200 million ecosystem fund to promote Mantle’s adoption.& The fund’s capital will be deployed into more than 100...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Deposits into liquid staking protocols like Lido Finance grew to over $14 billion on Monday, as Ethereum’s upgrade for staked withdrawals draws nearer. Liquid staking now boasts crypto’s second-largest industry, topping lending ma...
Cryptocoins News / EthereumWorldNews - 1 year ago
Defunct crypto lender Voyager Digital may be selling its crypto through Coinbase. On-chain data shows that the crypto lender has received 100 million USDC from Coinbase in the past three days. The crypto lender has sent more than $86 million worth o...
Cryptocoins News / EthereumWorldNews - 1 year ago
Lido Finance recently saw its largest daily stake inflow after Justin Sun staked 150,000 ETH.& The Tron founder has since staked another 50,000 ETH, bringing the total to 200,000 stETH.& The large inflow of staked Ether triggered a protocol...
Cryptocoins News / EthereumWorldNews - 1 year ago
NFT whale Machi Big Brother has sold a whopping 1010 NFTs on Blur over the past 48 hours.& The sold NFTs include blue chip collections like Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC).& Machi spent more than $13 million buyi...
Cryptocoins News / EthereumWorldNews - 1 year ago
Huobi and KuCoin are reportedly processing transactions tied to sanctioned Russian banks.& Customers are able to trade on the crypto exchanges using debit issued by the sanctioned banks.& Tether is reportedly used by both exchanges to cater...
Cryptocoins News / EthereumWorldNews - 1 year ago
BNB Chain’s Venus Protocol has announced a partnership with Floki.& Venus will integrate Floki in their isolated markets allowing users to pledge FLOKI tokens as collateral.FLOKI surged more than 2.5% following the announcement of the partnershi...
Cryptocoins News / EthereumWorldNews - 1 year ago
Meta has joined fellow tech giants in the AI space by introducing LLaMA, its artificial intelligence language model. CEO Mark Zuckerberg unveiled the AI product on Facebook and Instagram earlier today. AI has been a hot space in the tech industry la...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: The Australian Securities and Investments Commission said a targeted review on Binance was launched after the crypto exchange closed 500 positions opened by local users.Binance closed these derivative positions after discovering that so...
Cryptocoins News / EthereumWorldNews - 1 year ago
Circle founder and CEO Jeremy Allaire recently stated that the U.S. SEC is not the right regulator for stablecoins.& Allaire believes that the activities of a payment stablecoin like USDC fall under the purview of a banking regulator.& The C...
Cryptocoins News / EthereumWorldNews - 1 year ago
Sam Bankman-Fried has been charged with four additional criminal charges.& An indictment unsealed in Manhattan federal court earlier today revealed the new charges against the former FTX CEO.& The new indictment includes eight conspiracy cha...
Cryptocoins News / EthereumWorldNews - 1 year ago
Coinbase has launched a test net for Ethereum Layer 2, BaseThe platform’s goal is to onboard more than 1 billion users into the cryptoeconomy and make onchain the next online.Base will be initially incubated inside Coinbase to leverage the exc...
Cryptocoins News / EthereumWorldNews - 1 year ago
Binance has closed the accounts of some of its Australian users.& The derivatives positions held by those users have also been closed by the exchange.& The exchange had incorrectly allowed retail traders to trade futures which are only avail...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Voyager Digital is set to keep over $445 million in dispute loans until a bankruptcy court issues a settlement.The interim agreement was reached after FTX lawyers launched a lawsuit against the crypto lender on behalf of sister firm Ala...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Gary Gensler’s SEC argued against the deal with allegations of unregistered securities over the VGX token and the proposed plan to repay Voyager’s stranded customers.New York’s Department of Financial Services also scrutiniz...
Cryptocoins News / EthereumWorldNews - 1 year ago
DeFi protocol Ankr recently announced partnerships with Microsoft and Tencent.& The protocol’s native token ANKR has gained more than 48% following the partnerships.The token’s trading volume has skyrocketed more than 1200% to reach $936 million...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary: Ethereum developers plan to trial the Shanghai-Capella upgrade on the Sepolia testnet.Developers scheduled the update to test staked ETH withdrawals by upgrading the execution layer with Shanghai and the consensus layer with Capella.Shap...
