Monthly Archives: May 2023

Web3 move-to-earn game STEPN is integrating payments service Apple Pay as a fiat onramp for in-app purchases in a bid to make its app more widely accessible.The integration will allow users to connect their credit card to Apple Pay and purchase non-fungible token (NFT) sneakers necessary for gameplay. With Apple Pay as a fiat payment…

Cryptocurrency trading platform Hotbit said it ended all centralized exchange (CEX) operations, citing deteriorating operating conditions and changes in the broader crypto landscape.Users have until 04:00 UTC on June 21 to withdraw their assets from the platform, Hotbit said Monday.Hotbit, which says it has 5 million users, suspended trading deposits and withdrawals last August after…

The U.K. will need to introduce new laws or amend existing finance and data rules to accommodate a digital pound, two lawyers told CoinDesk.The Bank of England and the U.K. Treasury are seeking public feedback on their plans for the design of a digital pound – something officials say is likely to be needed in…

The Securities Commission Malaysia (SC) ordered Huobi Global to stop operations in the country, including disabling its website and mobile applications, because it is operating a digital asset exchange without registration.The regulator told the company to cease circulating, publishing or sending advertisements to Malaysian investors, according to an Monday announcement.Operating a digital asset exchange without…

The crypto market has become boring, with bitcoin (BTC), the world's biggest digital asset by market value, settling into the tightest price range for months despite lingering concerns about the stability of U.S. regional banks and the country's debt ceiling.The range, or the difference between the high and the low reached in the seven days…

Mangrove, a decentralized exchange (DEX), went live on Polygon's testnet with a programmable order book, the firm said on Monday.Paris-based Mangrove has raised about $10 million so far, and is backed by trading and market making powerhouses like Wintermute and Cumberland. A mainnet launch will follow around the start of next month, the company said.2020’s…