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With one of its the most important updates nearing completion on Ethereum, the smart contract platform seems to have finally decoupled from Bitcoin.Over the last month, Ethereum has outperformed...
Galaxy Digital (TSX:GLXY) terminated its $1.2 billion acquisition of BitGo after the crypto custody provider failed to deliver audited financial statements ahead of schedule.Digital asset and...
Polkadot-based stablecoin Acala USD (aUSD) has almost recovered its 1:1 peg with the U.S. dollar after plummeting almost 99% following a liquidity pool exploit.Acala USD (aUSD) stablecoin has nearly...
Market participants opt for decentralized stablecoins as censorship fears mount over their centralized counterparts.The decentralized stablecoin market seems to be the primary beneficiary in the...
After facing regulatory headwinds and a drop in trading volume, Coinbase (NASDAQ:COIN) has now reported a whopping $1.1 billion operating loss in the last quarter.Coinbase reported a...
The Latest CPI print indicates that inflation seems to be finally slowing down for AmericansThe latest consumer price index (CPI) data, released today by the U.S. Bureau of Labor Statistics, showed...
With a hard fork of the Ethereum network being touted after its upcoming merge, several companies have offered support for the PoS layer.The upcoming merge of the Ethereum network, which will see it...
Bitcoin continues growing as a digital class. Will it become a risk-off asset?It took many years for Bitcoin to manifest what kind of asset it is. Since 2016, it became apparent that Bitcoin inversely...
Local demand remains substantial as Ukrainians continue to favor cryptocurrencies in the face of continued fights with Russia and its Central bank's crypto transaction ban.With the ongoing...
Deplatforming financial privacy is harder to accomplish with dApps.The US Department of the Treasury issued a sanction against the virtual currency mixer Tornado Cash. Surprisingly, the...
On Tuesday, the crypto and derivatives exchange BitMEX announced it would launch a Tether-margined ETHPoW futures contract.Crypto and derivative exchange platform BitMEX announced it plans to roll out...
When all said and done, it seems like the less trust needed, the lesser the fallout in crypto.In the aftermath of crypto contagion, it is becoming clearer that the staying power of DeFi vs. CeFi is...
Crypto exchange Coinbase (NASDAQ:COIN) and asset management giant BlackRock (NYSE:BLK) agreed on a landmark deal to provide crypto services to institutional investors.According to Coinbase’s...
We’re in the midst of the Q2 reporting season, with analysts assessing the overall situation as better-than-feared. The Q2 earnings season EPS beat rate is at 68% so far, better than the...
Americans pile up credit card debt as surging inflation causes a record increase in consumer debt.As American consumers increasingly rely on credit amid sky-high inflation, credit card debt surged by...
The Commodity and Futures Trading Commission could assume oversight of the most prominent digital assets as a new bill is introduced in the US Senate.A new bill that will grant the Commodity Futures...
Ethereum leads the way as Web3 developer interest and activities remain strong despite the onset of this crypto winter.Despite the ensuing bear market exacerbated by the TerraUSD implosion,...