Bitcoin price seesaws near $56K as US stocks post fresh all-time highs

Venezuela will present its state-backed cryptocurrency Petro as a unit of account for crude oil trading to the Organization of the Petroleum Exporting Countries (OPEC) in 2019, the country’s oil company PDVSA reports on its Twitter Nov. 7.The PDVSA has cited its president Manuel Quevedo, who also holds the position of Venezuela’s Minister of Oil…

Crypto drainers, malware designed to steal cryptocurrency, have become easier to access as the ecosystem evolves into a software-as-a-service (SaaS) business model. In an April 22 report, crypto forensics and compliance firm AMLBot revealed that many drainer operations have transitioned to a SaaS model known as drainer-as-a-service (DaaS). The report revealed that malware spreaders can

Easier cross-chain transferability for RWAs is crucial to institutional adoption, executives say. 

A CryptoCompare report published on July 6 has closely analyzed monthly trends in the cryptocurrency exchange market and found that crypto derivatives volumes have begun to taper off after peaking this May. Crypto derivatives volumes dropped 35.7% in June to $393 billion.Historical Monthly Derivatives Volumes. Source: CryptoCompareThe overall trend which was also observed in the…

The firm’s third Bitcoin purchase since April 23 brings its total holdings to 141.07 Bitcoin, worth over $9.6 million.

The new system will rebalance Uniswap v3 positions every half hour, allowing users to reap additional fees with less single-sided liquidations. 68 Total views 2 Total shares While Uniswap’s highly-touted v3 has been racing to the top of TVL charts as of late, the need for active management has kept some retail participants out of…

DBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services. 51 Total views 2 Total shares Singapore’s principal financial regulator, the Monetary Authority of Singapore (MAS), has officially approved two companies to offer cryptocurrency services in the country.MAS issued Oct. 1 licenses to Australian crypto exchange Independent Reserve and DBS…

Layer 2s also saw increased development activity, with year-over-year smart contract deployment increasing by 160%. 255 Total views 2 Total shares Own this piece of history Collect this article as an NFTEthereum layer 2s, such as Optimism, Arbitrum and Polygon, increased in popularity in the first quarter of 2023, according to a report from Web3…