Chainalysis to appear in court over $650M defamation suit

The new funding will be put toward expanding FTX US' workforce and introducing new offerings. 107 Total views 12 Total shares Chicago-based crypto exchange FTX US has reached an $8 billion valuation following new funding.According to Reuters on Wednesday, the American affiliate of FTX closed a $400 million funding round led by SoftBank Group Corp, Temasek…

As the price of Ethereum’s native digital currency Ether (ETH) has had record-high transaction fees recently, the price of ETH also showed an increased amount of volatility. A new high was hit at $495 at the end of August, after which the price took the elevator down and dropped with more than thirty percent to $308. This…

Barring another change of heart and certain conditions to be met, Elon Musk’s acquisition of Twitter looks set to go ahead, prompting the question of whether some or all of the changes he initially hinted for the platform will become a reality. The platform is a popular communication and news tool for crypto enthusiasts, users and…

One crypto analyst says Bitcoin’s just undergone one of the “healthiest market resets” he has seen in a long time.

After months of touting the benefits of Bitcoin (BTC) and blockchain technology, Tesla CEO Elon Musk shocked the crypto Twitter on May 12 by announcing that the electric car company would suspend its accepting BTC as a form of payment, citing concerns related to the energy required to mine the top cryptocurrency. As Tesla issued its…

The filing is the latest effort by a US exchange to integrate staking into Ether ETFs. Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity’s Ether exchange-traded fund (ETF), according to a March 11 filing.  The filing marks Cboe’s latest attempt to support staking for the Ether (ETH) funds

The long-awaited launch of Bakkt has seen a lukewarm response as only 63 Bitcoin (BTC) contracts have been traded as of press time. This is not unexpected because Bitcoin has been range-bound for the past few weeks, hence, institutional traders will not be in a hurry to initiate positions. They are likely to wait and…

Coinbase has unveiled a new smart contract analyzing tool dubbed “Solidify” to audit Ethereum smart contracts and DeFi clones. Coinbase has unveiled a new tool that can automatically audit smart contracts built on Ethereum that use the Solidity programming language. Designed to be used by smart contract auditors, asset issuers, and other exchanges, the firm…

Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation. 415 Total views 19 Total shares United States Federal Reserve chairman Jerome Powell has spoken out about the expansion of decentralized finance (DeFi) and its impact on the traditional finance ecosystem, calling for appropriate regulation.During an event titled…