Bybit restructures executive team following $26M airdrop fiasco
Bybit confirmed internal role changes for several executives following a botched airdrop that affected 320,000 users and led to a $26 million compensation payout.
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Franklin Templeton files for Bitcoin spot ETF
Several prominent financial institutions have filed for a spot Bitcoin product in recent months. 61 Total views 7 Total shares Asset manager Franklin Templeton applied to the United States Securities and Exchange Commission (SEC) on Sept. 12 to launch a Bitcoin (BTC) spot exchange traded fund (ETF). The application comes after the SEC delayed decisions
ETH CC: Crypto winter “reinforces” validity of blockchain, says 0x Labs employee
0x Labs developer advocate believes the current crypto winter provides a chance for "rationalization" and "validates" underlying blockchain systems. 658 Total views 6 Total shares Both the ongoing downturn across cryptocurrency markets, and Ethereum’s upcoming merge were under the spotlight on the second day of ETH Community Conference. The wider Ethereum community descended on Paris for…
UK may have crypto regulation within a year, says senior minister
The lawmaker said the regulation will need to be both “pragmatic” and “proportionate” to ensure economic growth is maximized. 315 Total views 24 Total shares Own this piece of history Collect this article as an NFTThe United Kingdom could lay out digital asset regulation within 12 months a British lawmaker claimed, saying the country wants…
EigenLayer’s EigenDA to support layer-2 native token restaking
Users will be able to earn restaking yield from layer-2 tokens on EigenDA.
Coinbase Pro Increases Fees, Updates Market Structure ‘to Increase Liquidity’
Major United States-based cryptocurrency exchange Coinbase announced a new market structure for its professional trading platform, Coinbase Pro, in a blog post published on March 15.Per the announcement, the changes aim to increase liquidity, enhance price discovery and ensure smoother price movements. The changes include a new fee structure, reportedly designed to increase liquidity, updated…
Bitcoin holds $50K as analyst says weekly timeframes confirm bull market remains intact
There's no reason to discount the Bitcoin bull run yet, longer-term price data shows, but faith in an end-of-year rebound is thin. 287 Total views 41 Total shares Bitcoin (BTC) retained $50,000 as support overnight into Dec. 8 amid confidence that the 2021 bull market was not yet over. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSilver…
Bitcoin Suisse adopts decentralized Liquity as lending product
The Swiss firm will conduct all interactions with the Liquity smart contract on its clients' behalf but only a select few with over $500,000 on the platform will have access to the product. 288 Total views 25 Total shares Bitcoin Suisse has begun offering decentralized finance (DeFi) services to its clients with the addition of…
CEO of Zimbabwean Crypto Exchange Loses Password to Bitcoin Cold Wallet
Tawanda Kembo, the founder and CEO of the Zimbabwean cryptocurrency exchange Golix, claims to have lost the password to one of the exchange’s Bitcoin (BTC) cold wallets.On Nov. 1, local news daily iHare reported that the CEO of Zimbabwe’s first cryptocurrency exchange allegedly lost the password in May of last year. IHare wrote that the…