Andre Cronje critiques appchains: High costs and liquidity challenges

TZERO, the blockchain subsidiary of retail giant Overstock, has missed its mid-April goal for a $100 million fund raise from Chinese investment firm GSR Capital and Singaporean private equity firm Makara Capital. The firm announced the development in a shareholder letter on April 18.In the letter, Overstock CEO Patrick Byrne noted that while the diligence…

Payments behemoth Visa acquired financial technology firm Plaid for $5.3 billion, according to a press release published on Jan. 13.Per the release, Plaid has developed a network that allows users to easily connect their financial accounts to the apps they use to manage their financial lives.The firm’s products reportedly allow for convenient sharing of financial…

The Securities and Exchange Commission and Gemini have asked for a 60-day stay of the regulator’s lawsuit to “explore a potential resolution.” The US Securities and Exchange Commission and crypto exchange Gemini have asked to pause the regulator’s suit over the exchange's Gemini Earn program, saying they want to discuss a potential resolution.  In an

Anyone familiar with the blockchain industry knows that decentralized finance (DeFi) is one of the sector’s most prominent use cases with the most substantial adoption. Recent issues in the banking sector, like those surrounding Silicon Valley Bank and Credit Suisse, have caused many to take a second look at Bitcoin (BTC) and crypto as an…

The X account of Ava Labs’ operating chief, Luigi D’Onorio DeMeo, has been touting memecoins and other suspicious links, prompting many to warn it's likely a phishing scam.

Notifi Network has integrated with the Solana Realms DAO platform to help increase governance participation rates by expanding notification services. You’ll never have an excuse to miss another governance vote if the decentralized autonomous organization (DAO) calls or texts  to badger you to vote. The Notifi Network is banking on this concept to help improve abysmal…

Major Indian crypto exchanges Unocoin and WazirX have resumed fiat deposits less than a day after the Supreme Court quashed restrictions on banks’ services to crypto firms in the country.Unocoin, which claims to have been the first entrant into the Bitcoin space in India since its founding in 2013, has been described by local analysts as…

Crypto-focused institutional asset manager Morgan Creek Digital has issued a $1 million bet against the S&P 500 (SPX) stock market index, a press release shared with Cointelegraph reveals Dec. 6.The crypto fund has issued a wager that its Digital Asset Index Fund –– a basket of ten major crypto assets –– will outperform the SPX…