US Justice Department on the hunt for DeFi hackers and thieves: Finance Redefined
The total value locked in DeFi protocols fell below $50 billion after nearly a month of bullish price action. Go to Source Powered by WPeMatico
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Coinbase launches zero trading fee subscription service
Coinbase’s new subscription service, “Coinbase One,” is expected to roll out across 35 countries in the near future. Go to Source Powered by WPeMatico
Australian ‘Big 4’ bank begins trial for cryptocurrency payment blocks
One of Australia’s Big Four banks announced efforts to combat crypto fraud activities aimed at reducing losses from scams. Go to Source Powered by WPeMatico
Crypto.com adds Pay support for MATIC, USDC and DAI
The cryptocurrency exchange’s DeFi wallet and Pay service launched a new update adding support for more countries and tokens. Go to Source Powered by WPeMatico
CoinShares posts highest quarterly earnings since Q1 2022
Crypto investment firm CoinShares posted its most profitable quarter in a year, according to its latest quarterly earnings report. Go to Source Powered by WPeMatico
Quadriga CX Customers to Finally Receive Payout: Creditors to Get 13% per Dollar
EY, the global accounting and professional services organization, released a long-awaited update on Friday for the creditors of Quadriga CX. The Canadian cryptocurrency exchange, which had sought bankruptcy protection in 2019 with liabilities of C$215.7 million and assets totaling around C$28 million, had left its creditors in a state of uncertainty. In the latest notice … Read more
Binance to Withdraw From Canadian Market Due to Regulatory Climate
Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and said that the Canadian market was “small.” Binance Bows Out of Canada Due to Regulatory Guidance The cryptocurrency exchange Binance has decided to withdraw … Read more
Bakkt delists majority of tokens from recently acquired Apex Crypto platform
The delisting included major tokens used in DeFi; the company said it was following “up-to-date regulatory guidance.” Go to Source Powered by WPeMatico
Binance calls it quits in Canada, blames new rules
Binance is the latest in a string of departures from CEO Changpeng Zhao’s home country; it promises to keep working with regulators. Go to Source Powered by WPeMatico
Texas votes to add crypto into state’s bill of rights
Texas lawmakers vote to add digital currency to the state’s Bill of Rights, granting individuals the right to use digital currencies like Bitcoin for trading. Go to Source Powered by WPeMatico