Coinbase’s layer 2 network Base has seen a surge in total value locked (TVL) in the past month and a half, reaching $397.32 million and surpassing the Solana network’s TVL of $358.96 million. Two Base-native projects, Aerodrome Finance and Friend.tech, account for the largest shares of the TVL on the network.Aerodrome Finance, a decentralized exchange […]
Coinbase, a crypto exchange, has decided not to pursue the acquisition of FTX Europe, a derivatives business, after exploring the option twice since the company filed for bankruptcy in November 2022. A spokesperson for Coinbase confirmed that the exchange is always evaluating opportunities to expand its business.FTX Europe operated its derivatives business under a Cyprus […]
Substance Exchange, a decentralized derivatives exchange, has successfully completed its inaugural testnet event. The event attracted more than 35,000 active addresses and the official Discord community membership has exceeded 23,000. The platform offers a wide array of trading pairs and a diverse selection of derivatives, as well as an innovative combined margin pool design to […]
Deleno IFC, a highly anticipated project, made its debut at TOKEN2049 Singapore, Asia’s largest Web3 summit. The conference brought together over 10,000 attendees and more than 300 exhibitors, making it the biggest event in the global digital asset industry this year. As one of the platinum sponsors and exhibitors, Deleno IFC showcased its cutting-edge position […]
eToro has been approved by the Cyprus Securities and Exchange Commission (CySEC) to operate as a Crypto Asset Service Provider (CASP). This registration will allow eToro to offer crypto services across the European Union once the EU’s Markets in Crypto-Assets (MiCA) regulation goes into effect in late 2024. MiCA is an effort to harmonize crypto […]
A former engineer of Alameda Research, Aditya Baradwaj, revealed that the trading firm was behind the Bitcoin flash crash in October 2021. According to Baradwaj, an Alameda trader mistakenly entered a Bitcoin sell order with the decimal point off by a few spaces, selling the crypto for a fraction of its price at the time. […]
PancakeSwap, a decentralized exchange, has integrated with Transak, a developer integration toolkit that allows users to buy and sell crypto in any app, website or web plugin. This integration enables PancakeSwap users to purchase cryptocurrencies with fiat currencies using numerous options such as credit cards, bank transfers, Google Pay, and Apple Pay. Transak is now […]
Bybit, a Dubai-headquartered cryptocurrency exchange, has announced the suspension of services to the United Kingdom in response to pending rules from the country’s Financial Conduct Authority (FCA). Starting October 1, Bybit will no longer allow new account applications, followed by the suspension of new deposits, new contracts and changes to positions for existing users on […]
Domini.art ($DOMI) has emerged as one of the top DeFi projects launched in 2023, offering investors the potential to see their investments grow by up to 440% during the presale and up to 3,400% once tokens hit exchanges. Domini.art provides a solution to one of the biggest problems facing high-end art markets: low liquidity due […]
Cryptocurrency-friendly brokerage firm eToro is expanding its crypto services worldwide by securing new regulatory approval in Europe. eToro has received the Crypto Asset Service Provider (CASP) registration from the Cyprus Securities and Exchange Commission (CySEC), which will authorize it to offer regulated crypto services to all countries in the European Union from one single entity […]
