EU markets watchdog urges amendments to MiCA crypto regulations
The European Securities and Markets Authority acknowledged the legal limitations raised by the European Commission but emphasized the importance of the framework’s initial objectives.
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Crypto sleuth debunks 3 biggest misconceptions about the FTX hack
On-chain sleuth ZachXBT has shared his findings on what he sees as the three most common misconceptions about the FTX hack — taking to Twitter to correct a "ton of misinformation" about the event and the possible culprits. In a lengthy Nov. 20 post on Twitter, the self-proclaimed “on-chain sleuth” debunked speculation that Bahamian officials were…

Crypto Exchange Coindirect Launches OTC Brokerage in South Africa
Cryptocurrency exchange Coindirect launches an over-the-counter (OTC) brokerage in South Africa.As industry news outlet CoinInsider reported on Sept. 27, the platform creates a vast liquidity pool by integrating with global platforms, allows for Bitcoin (BTC) price locks after a confirmation and for instant processing with no fees or slippage. Aimed at high volume usersThe service lets…

Grin network hit with 51% attack while GRIN token remains resilient
An unknown mining group currently controls more than half of the Grin blockchain’s hashing power. 486 Total views 12 Total shares Grin, a privacy-focused cryptocurrency built on the Mimblewimble protocol, has just suffered a 51% attack on its blockchain.According to a Nov. 7 tweet from crypto mining group 2Miners, an unknown group accumulated 57.4% of…

FTX reaches $200M settlement with IRS on tax bill
The agreement, which is subject to a court approval, resolves a major hurdle for FTX bankruptcy process.

CME Bitcoin Futures See Open Interest Surge as Global Volume Hits $25B
Bitcoin (BTC) derivatives trading looks set to reach record levels this month as volume spikes and open interest hovers near all-time highs.Data from CME Group shows that as of Jan. 16, open interest for its futures products alone totaled 5,328 contracts — or 26,640 BTC ($237 million).Open interest on track for recordThe figure is higher…

Crypto derivatives gained steam in 2020, but 2021 may see true growth
2020 was the most important year for the crypto derivatives market so far. Both Bitcoin (BTC) and Ether (ETH) derivatives steadily grew throughout the year, with their futures and options products available across exchanges such as the Chicago Mercantile Exchange, OKEx, Deribit and Binance. On Dec. 31, Bitcoin options open interest reached an all-time high of…

Solana’s first gaming SVM surpasses 1M monthly active users
Despite the significant milestone, Web3 gaming still needs more “soft” infrastructure for mass adoption, according to Sonic’s CEO

Celsius community rally to perform another short squeeze attempt
One Twitter user claimed that they are at “war” with the shorts while encouraging others to post more content about the short squeeze. 275 Total views 5 Total shares The Celsius (CEL) community has rallied on Twitter once again to fight off short positions against their favored crypto token despite multiple challenges faced by the…