Crypto.com launches US institutional custody service

Following investment from Coinbase Ventures, Offchain Labs has opened up the Alpha version of its Ethereum (ETH) scaling solution, dubbed Arbitrum.Enterprise-focused blockchain startup Offchain Labs said that their solution will enable processing speed of more than 500 transactions per second for Ethereum applications, industry-focused news outlet Crypto Briefing reported on Sept. 5.Arbitrum has reportedly secured…

Supernets enable communication among distinct blockchain networks, considerably improving the usefulness of the overall system by enabling the transfer of assets and data among different blockchains.Furthermore, shared infrastructure and resources can be made possible by interconnected networks, which can lower costs and boost overall effectiveness. By making assets accessible across numerous networks, they can significantly…

Binance, one of the top cryptocurrency exchanges globally, has started discussions regarding a  strategic partnership with two Japanese firms.According to a press release on Jan. 17, Binance has begun negotiations with Z Corporation, a subsidiary of Z Holdings formerly known as Yahoo Japan and TaoTao, a Japanese licensed cryptocurrency exchange. The exact details of the partnership…

Just nine months after its launch, the Nasdaq-powered digital trading platform DX.Exchange is temporarily shutting down as it pursues a merger or outright sale.The Estonia-based platform made the announcement on Nov. 3, informing users that “the costs of providing the required level of security, support and technology is not economically feasible on our own.”Users asked…

Many of the centralized cryptocurrency platforms that collapsed this year had something in common: a young, outspoken and cocky leader. Each gained outsized influence not by virtue of outsized intellect or talent but because of their piles of money and large Twitter followings. And each time, misplaced trust in their abilities resulted in disastrous consequences. If…

Binance is set to launch LDUSDt, a new reward-bearing margin asset that users can obtain by swapping USDt from its Simple Earn product, emphasizing that it is not a stablecoin. 632 Total views 2 Total shares Binance is launching a new “reward-bearing margin asset” LDUSDt, which the company says is not a stablecoin. According to

Opera has partnered with blockchain advisory and financial services firm Ledger Capital to explore possible blockchain applications, according to a press release published September 28.Per the announcement, the two companies are looking to investigate applications and use cases of blockchain and how the technology can be deployed within Opera products and its ecosystem.As previously reported,…

The price of the top-ranked cryptocurrency by market capitalization, Bitcoin (BTC), is set to explode in the coming week providing the weekly candle opens above $9,200. This would signal the end of a 46-week descending channel that BTC/USD has been locked in since it nearly tapped $14,000 in the summer of 2019. So is this the…

The Series B funding round was led by China Renaissance, with participation from several crypto venture funds, including Tiger Brokers, Tiger Global Management, Arena Holdings, DCM Ventures and Gobi Partners. 486 Total views 3 Total shares Cryptocurrency investment platform Amber Group has added $100 million to its coffers following a successful Series B fundraiser, bringing…