Tether, the issuer of the world’s largest stablecoin, has reportedly found a new banking partner in the Bahamas-based Britannia Financial Group. The USDT issuer has been leaning on Britannia Bank & Trust to process its US Dollar transfers after several traditional financial institutions cut ties with the crypto industry.Citing people familiar with the matter, Bloomberg […]
Bybit, one of the largest cryptocurrency exchanges by volume, has launched Launchpad 3.0, a token launch platform that aims to bring more transparency and opportunities to early investors. This program offers a bridge connecting promising blockchain projects with potential backers seeking pre-listing access. To participate, users need to complete Identity Verification Level 1 on Bybit […]
Grayscale’s Bitcoin Trust GBTC has achieved a major victory in the DC Court, as the court ruled that the SEC does not have the authority to reject the transformation of GBTC into a Bitcoin ETF. This ruling has caused a 6% surge in Bitcoin prices. Various applications have been submitted to the SEC challenging their […]
The cryptocurrency market has seen a surge in prices after Grayscale’s victory against the US Securities and Exchange Commission (SEC). Bitcoin rallied to $28k before settling near $27.4k, while altcoins followed suit. On-chain analyst Ali Martinez revealed that nearly 30,000 BTC were sent to crypto exchanges ahead of Grayscale’s triumph over the SEC, boosting the […]
Kim Nam-kuk, a former member of the main opposition Democratic Party in South Korea, has been spared from expulsion after a parliamentary ethics subcommittee voted down a motion to expel him.The subcommittee rejected the proposal on Aug. 29 after the ruling People Power Party (PPP) and the DP divided evenly over the motion in a […]
The Grayscale Bitcoin Trust (GBTC) had a roller coaster day on Tuesday, with a legal victory propelling the stock to a new all-time high. The stock rose more than 10% in the morning, before settling back down to a more modest gain of 4.5%. The news of the legal victory also had a ripple effect […]
Helix, the premier decentralized orderbook exchange built on Injective, has announced the launch of Helix Institutional, a permissioned, KYC-enabled environment for trading DeFi derivatives products. This initiative aims to bring decentralized trading to prominent institutions, allowing them to access the benefits of a DEX while adhering to regulatory frameworks. The most popular markets on Helix […]
Bitget, a top crypto derivatives and copy trading platform, is hosting the Bitget EmpowerX Summit in Singapore on September 12, 2023. This event will bring together innovators, creators, and visionaries to explore the potential of Crypto and Web3 and their impact on the economy. A Web3 pitching competition, in collaboration with crypto entertainment mogul HELLO […]
Grayscale Investments, a leading digital asset management firm, has won a landmark case against the U.S. Securities and Exchange Commission (SEC). This victory has been seen as a major milestone for the crypto industry, as it could open the door for a spot-based Bitcoin ETF.The SEC has been facing difficulties in its regulatory efforts against […]
Shiba Inu’s Shibarium bridge has been successfully tested in the public, with a software engineer sharing the successful operation on X. The engineer, @CryptoLeadDev, sought to find out if the bridge works by transferring a bit of ETH to Shibarium. After the initial launch of Shibarium a couple of weeks ago, billions worth of ETH […]
