Yield farming app accumulates $12M TVL 2 weeks after launch
The Origin Ether app deposits Ether into Curve, Convex, stETH, rETH and sfrxETH.A new yield farming app called Origin Ether has ...
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Nansen lays off 30% of its workforce
The CEO of Nansen cited two reasons for the layoffs, including an overly aggressive hiring phase during the bull market and the prolonged crypto bear market that followed.Blockchain analytics platform N...
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Researchers propose new scheme to help courts test deanonymized blockchain data
A team of researchers proposed five “argumentative schemes” designed to protect the rights of crypto crime suspects while also helping investigators.A team of researchers from Friedrich-Alexander-Un...
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US CFTC issues letter on digital asset derivatives, clearing compliance in 3 areas
The letter is a reminder, but a highly specific one that is reminiscent of the SEC’s recent custody rule proposal in part.The United States Commodity Futures Trading Commission (CFTC) has issued a sta...
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AI experts sign doc comparing risk of ‘extinction from AI’ to pandemics, nuclear war
The “Godfather of AI” and the CEOs of OpenAI, Google DeepMind and Anthropic are among the hundreds of signatories.Dozens of artificial intelligence (AI) experts, including the CEOs of OpenAI, Google...
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Crypto exchange Bybit exits Canada, citing ‘recent regulatory development’
Headquartered in Dubai, Bybit plans to leave Canada while exploring expansion into new markets like Kazakhstan.Cryptocurrency exchange Bybit has announced it will be pausing its products and services to ...
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Some SBF charges will be dropped if Bahamas objects, U.S. prosecutors say
The charges relating to Sam Bankman-Fried’s alleged bank fraud, operating an unlicensed money transmitter service and bribing Chinese officials may be dropped.United States prosecutors will drop some o...
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Bitcoin on-chain and options data hint at a decisive move in BTC price
BTC’s historically low volatility could abruptly change in June, with long-term holders making moves and options traders showing an uptick in bearish positions.Bitcoin’s volatility has dropped to hi...
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US district judge sends matter of FTX independent examiner to appellate court
A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of Appeals for the Third Circuit.A United State district judge has refer...
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SEC settles case against Wahi brothers for Coinbase insider trading
The SEC suit alleged former Coinbase product manager Ishan Wahi and his brother used non-public knowledge to trade digital asset securities.Former Coinbase product manager Ishan Wahi and his brother Nikh...
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Why is XRP price up today?
XRP's daily active address count has soared to its second-highest level in May, raising traders' anticipation for a price rally.The price of XRP (XRP...
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Binance considers allowing traders to secure collateral at banks: Report
It has been reported that Swiss-based FlowBank and Liechtenstein-based Bank Frick have been mentioned as potential intermediaries for this service.Cryptocurrency exchange Binance is reportedly exploring...
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Japan’s largest airline launches NFT marketplace
The platform is part of All Nippon Airways’ ongoing expansion into the intersection of airlines and Web3.On May 30, All Nippon Airways (ANA), the largest airline in Japan, ...
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Bitcoin’s next rally may be imminent, on-chain analyst says
On-chain data shows that an imminent Bitcoin rally could drive its price up to $32,000, says Glassnode lead analyst James Check.After a long period of unusually low volatility, Bitcoin’s (...
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Tether moves into Bitcoin mining in Uruguay
As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar.Stablecoin issuer Tether has announced it w...
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Decentralized exchange PancakeSwap moves into GameFi
The DEX has partnered with BNB GameFi protocol Mobox to create a blockchain tower defense game.On May 29, decentralized exchange (DEX) PancakeSwap ...
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Bitcoin price rejects at $28K as analysts eye CME futures gap dip
BTC price action sees weakness a day from the May monthly close, with Bitcoin analysts closely monitoring bid liquidity.Bitcoin (BTC) fell into the ...
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LSD for DeFi: Tenet, LayerZero partner to drive cross-chain liquid staking adoption
Cross-chain interoperability protocol LayerZero’s infrastructure aims to drive liquid staking adoption across the DeFi ecosystem.Layer-1 blockchain Tenet is set to see its liquid staking derivatives ...
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What the ‘anti-mining bill’ means for the crypto industry in Texas
The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation.In late April, over a hundred people gathered near the Texas Capitol building to protest. ...
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Bitcoin is on a collision course with ‘Net Zero’ promises
Every year countries are pressured to ramp up their climate change commitments at the COP conference — and Bitcoin mining is an easy target.Each year at the annual UN Climate Change Conference (COP), individual countries are pressured to ramp up their emis...
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The future of DeFi is ReFi
The key to unlocking this transformation and propelling the industry forward lies in embracing the regenerative economy.The TradFi mindset is holding crypto back The constantl...
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What is fair use? US Supreme Court weighs in on AI’s copyright dilemma
Many firms with generative AI models are being sued for copyright infringement, and the Supreme Court may have just ruined their primary legal defense.Generative artificial intelligence models such as Op...
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BitFlyer adopts crypto deposit limits to comply with Travel Rule
While adopting restrictions on transactions between exchanges, bitFlyer still supports transactions to and from self-custody wallets like MetaMask.Cryptocurrency exchanges in Japan are preparing for the ...
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2 key security practices for Web3 startups from Israel Crypto Conference
Shahar Madar, the head of security products at Fireblocks, says Web3 startups need to think from the “attacker’s perspective” when planning security protocols.Security remains one of the Web3 indus...
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Security firm discovers $500M vulnerability in Tron multisig accounts
After reporting the vulnerability to Tron in February, the researchers highlighted that the issue was promptly addressed and resolved within a few days.A research team at dWallet Labs has discovered a ze...
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Bitcoin Ordinals to bridge Ethereum NFTs with the launch of BRC-721E
The BRC-721E token standard was launched by the Ordinals market and the Bitcoin Miladys NFT collection, allowing traders to transfer their ERC-721 NFTs to Ordinals....
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Wintermute moves over $4M of Optimism tokens to Binance ahead of OP unlock
On-chain analytics platform Spot on Chain reported that Wintermute sold the tokens at $1.63 per OP....
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Popular NFT collections take massive price hit in 2023
Investments in top NFT projects such as Doodles, Invisible Friends, Moonbirds and Goblintown have lost up to 95% of their value in Ether.Some of the most sought-after ...
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Bitcoin selling for $5K cheaper on Binance Australia as fiat ramp closes
One Bitcoin can be bought for the equivalent of $22,000 on Binance Australia if paid using Australian dollars. The problem is getting the funds there.Bitcoin (...
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Buying a bank won’t solve crypto’s debanking issue — Binance CEO
CZ highlighted examples such as regulatory complexity and capital requirements as reasons why he isn’t keen on Binance buying a bank.Binance CEO Changpeng Zhao says the firm is unlikely to buy up any b...
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