Ethena assures users of solvency after Bybit hack

Traders say Ethereum needs a monthly close above $2,250 to regain bullish momentum, but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new lows first. 122 Total views 5 Total shares Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue…

Indian banks have reportedly been slow to accept the Supreme Court’s decision allowing them to do business with crypto firms. 1770 Total views 54 Total shares Kotak, India’s leading private bank, has reportedly become the first to open its gates to the crypto community, per a report published in the Economic Times. The banking giant announced it…

Social networking platform Steemit is laying off more than 70 percent of its staff due to the cryptocurrency market crash, and is beginning a structural reorganization, according to a Nov. 28 video post by Steemit CEO Ned Scott.Steemit runs a decentralized application on the Steem blockchain, while its system is built around community-driven posting, evaluation,…

The Society for Worldwide Interbank Financial Telecommunications (SWIFT) announced a successful trial of instant cross-border transfers in Asia in a press release published on July 18.Fast or FAST enough?Per the release, the trial performed instant payments between 17 banks located in Australia, China, Canada, Luxembourg, The Netherlands, Singapore, and Thailand, taking up to 25 seconds,…

The Gibraltar Stock Exchange (GSX) is launching listings of blockchain-powered securities on its practical listing venue GSX Global Market, the firm announced on April 9.Today, the GSX starts listing a number of new products known as digital, smart or tokenized securities such as corporate bonds, convertible bonds, asset-backed securities, derivative securities, open-ended funds and closed-ended…

Umami Labs CEO Alex O’Donnell grew up on the outskirts of Philadelphia before attending Temple University to study literature and economics. That path led him to devote seven years of his life as a financial journalist at Reuters, where he specialized in M&As IPOs. He said his academic focus created a “pretty natural synthesis” when

Prometheum’s willingness to play along with the SEC’s ambitions for crypto regulation has stirred disapproval in many quarters.

In my youth, amid Ghana’s cocoa farms, I walked with my grandfather, a soldier turned farmer. He shared how these beans fueled our nation’s pride and economy. As the digital age unfurls, I often wonder: Could the modern marvel of crypto tokenization be the change my grandfather and countless cocoa farmers need?Despite their vast agricultural…

The ex-head of the United States’ commodities regulator thinks the government must digitize the dollar and take power away from central banks.Giancarlo wants independently maintained dollarIn an opinion piece for the Wall Street Journal on Oct. 15, J. Christopher Giancarlo, former chair of the Commodity Futures Trading Commission or CFTC, argued the dollar could lose…