Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows
ETH use in DeFi is down due to an uptick in staking, but rapid growth in LSDfi could be a...
Month: June 2023
Brazilian crypto exchange Mercado Bitcoin licensed as payment provider: Report
As a payment institution, MB Pay will enable certain digital banking services to the crypto exchange’s users in the country....
BitMEX Co-Founder Lists Reasons for Bitcoin’s Mild Reaction to US Banking Crisis
On Thursday, BitMEX co-founder Arthur Hayes published a blog post titled “Patience is Beautiful.” In this post, Hayes shed light...
Brazil’s crypto exchange Mercado Bitcoin licensed as payment provider: Report
As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users...
Record-Breaking Market Cap of $83.2B Achieved by Tether, Defying Stablecoin Market Slump
A stablecoin called USDT, issued by Tether, has achieved its previous all-time high market capitalization, despite a decline in the...
Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?
References to the tax were removed from the U.S. debt bill, but that doesn’t mean it’s gone for good. Bitcoin...
OpenAI commits $1M to support AI-driven cybersecurity initiatives
As criminals devise innovative ways to exploit AI for malicious intentions, OpenAI remains committed to equipping “defenders” with the necessary...
Uniswap scam alert: Fraudsters impersonate executives and create fake website
Uniswap and its foundation have no association with the scam as efforts are being made to combat it. Hayden Adams,...
MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform
MUFG hasn’t revealed what firms will be the first to utilize its platform, however a handful of banks have reportedly...
Net Bitcoin ATMs record an increase after 4 months of global downtrend
In the first four months of 2023, the net crypto ATMs worldwide declined by 5,850. In May, however, 1,397 machines...
Microsoft pens AI cloud computing deal with former Ethereum miner CoreWeave: CNBC
The reported deal comes just a few days after CoreWeave announced an additional $200 million worth of funding via an...
Crypto Biz: Six months on from FTX, Tether mines BTC, and Nvidia’s AI superchips
This week’s Crypto Biz also looks at the crypto industry after FTX collapse, Tether’s Bitcoin mining in Latin America, Tabi’s...
US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack...
Price analysis 6/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin and most major altcoins are witnessing subdued price action, indicating a lack of buying interest from the larger players....
Arbitrum price soars after DeFi whale address resumes ARB accumulation
ARB price notched a double-digit gain after a popular DeFi whale address resumed buying the governance token, but is the...
