Category Archive: Cryptocurrency, No picture
FaZe Clan Punishes Members for Alleged Crypto Scam
Prominent esports organization FaZe Clan has dropped one member and suspended three others after their alleged involvement in a pump-and-dump style crypto scam. FaZe Clan Denies Involvement in Scam FaZe Clan has taken action against several members for their involvement in an alleged crypto scam. It posted a statement on Twitter early Friday, detailing its […]
Binance Faces Regulatory Issues in Cayman Islands, Thailand
Key Takeaways The Cayman Island has started a probe against Binance stating that the country is not authorized to operate in the country. Thailand’s SEC has also filed a criminal case against Binance for operating a non-licensed exchange. Regulators in the U.S., U.K., and Japan have all raised similar concerns about the exchange in recent […]
JPMorgan Bullish on Ethereum Staking, Forecasts Growth
Ethereum’s shift to Proof-of-Stake could kickstart mainstream adoption and increase payouts, say two senior analysts at JPMorgan in a recent report. JPMorgan Backs Ethereum Staking JPMorgan thinks the cryptocurrency staking sector is poised for growth, according to a recent report. In the report, two analysts explain how Ethereum’s planned move to Proof-of-Stake will increase adoption […]
Robinhood Files for IPO, Says Dogecoin Is in Demand
Key Takeaways Robinhood’s S-1 document, filed in preparation for its stock offering, was published online by the U.S. SEC today. The document details Robinhood’s IPO plans alongside details concerning stock and crypto trading revenue. Though Robinhood is primarily a stock trading platform, much of its business involves Dogecoin and other cryptocurrencies. Stock and crypto trading […]
Balancer Launches on Polygon with $10M Rewards Program
Key Takeaways Balancer has launched on Polygon. The two projects have launched a joint liquidity mining program worth $10 million to attract users to the network. Polygon has welcomed many of Ethereum’s most popular DeFi projects in recent months. This news was brought to you by ANKR, our preferred DeFi Partner. Essential DeFi protocol Balancer […]
How DeFi Project AntiMatter Tanked Its Own Token Price
Key Takeaways AnitMatter, an onchain derivatives protocol, announced it was removing vesting of MATTER tokens sold to early investors Wednesday. Due to the inflated supply, the token price crashed by more than 50% in a period of 24 hours. The project has been widely criticized for the move, with some accusing the team of a […]
German Law Could Lead to $415B Crypto Investment
Key Takeaways A new German law allowing funds to invest in crypto has come into effect, opening the floodgates for up to $415 billion to flow into the space Germany has shown a willingness to work with crypto, recently allowing Coinbase to hold assets for German customers. Germany has a significant economic influence on the […]
Mercado Bitcoin Lands $200M Investment from SoftBank
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Japanese multinational SoftBank has invested $200 million in the parent company of Brazilian crypto exchange Mercado Bitcoin. The Largest Crypto Investment in Latin America SoftBank is betting big on Mercado Bitcoin. The firm’s Latin America Fund announced a Series B investment in […]
World’s First Regulated DeFi Firm Readies DEX Launch
This news was brought to you by ANKR, our preferred DeFi Partner. Swarm Markets has obtained a license from German financial regulator BaFin. Swarm Markets Prepares to Launch Swarm Markets, which claims to be the world’s first fully regulated DeFi protocol, has started onboarding capital to its launch liquidity program, the company announced Thursday. Swarm Markets […]
Ethereum Favorite Curve Finance Heads to Fantom, xDai
Curve Finance, a decentralized exchange popularly used for trading stablecoins, has launched on Fantom and xDai’s growing ecosystems. Curve’s Multi-Chain Future Curve Finance has released an identical version of its decentralized exchange on Fantom and xDai. On Fantom, three pools are available, while xDai has only one: the protocol’s DAI, USDC, and USDT pool. With […]
