Coinbase launches wallet-as-a-service for businesses
The adoption of Web3 wallets is hindered by complex seed phrases and a poor user experience, according to Coinbase. Go to Source Powered by WPeMatico
Cryptocurrency Exchange
Auto Added by WPeMatico
Mt. Gox creditors have until March 10 to register and choose repayment method
Creditors have the option of a lump-sum payment, bank remittance, fund transfer service provider, or through a cryptocurrency exchange or custodian. Go to Source Powered by WPeMatico
In crypto winter, DeFi needs an overhaul to mature and grow
For DeFi to make a major comeback, projects must focus on enhancing consumer experience while utilizing sustainable incentive schemes, experts believe. Go to Source Powered by WPeMatico
Bitcoin price enters ‘transitional phase’ according to BTC on-chain analysis
BTC has struggled to overcome the $25,000 level, but on-chain analysis suggests that the pushback at the key price level is part of the transition out of the bear market. Go to Source Powered by WPeMatico
Binance recommends P2P as Ukraine suspends hryvnia use on crypto exchanges
Following the temporary suspension from Ukraine’s central bank, crypto exchanges like Binance and Kuna made official announcements informing investors about the inconvenience. Go to Source Powered by WPeMatico
Bybit halts USD bank transfers citing partner outages
Dubai-based Bybit is the latest crypto exchange to suspend USD wire transfers claiming partner disruptions. Go to Source Powered by WPeMatico
Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner
On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire Transfer Withdrawals Open Until March 10 The cryptocurrency exchange Bybit, … Read more
FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation
On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total assets were found in FTX-related addresses, but only $694 million is considered “Category A Assets,” or liquid cryptocurrencies … Read more
Binance launches anti-scam campaign after Hong Kong pilot run
The new campaign features a withdrawal warning message that attempts to prevent users from sending their crypto to scammers. Go to Source Powered by WPeMatico
Coinbase announces acquisition of One River Digital Asset Management
As part of the acquisition, Coinbase said One River Digital’s team would join the exchange and CEO Eric Peters would stay to lead the firm under the name Coinbase Asset Management. Go to Source Powered by WPeMatico