Flow Traders, Wormhole partner to boost cross-chain liquidity

The Stablecoin TRUST Act proposed the digital assets be identified as “payment stablecoins” which are exempt from many securities regulations. 207 Total views 4 Total shares Republican Senator Pat Toomey, the ranking member for the Senate Banking Committee, has drafted a bill proposing a regulatory framework for stablecoins in the United States.According to a draft…

Coinbase’s layer-2 blockchain hosts approximately 80% of Uniswap’s monthly active traders.

Galaxy Digital reported a large uptick in trading volumes in the third quarter. 2363 Total views 22 Total shares Galaxy Digital’s over-the-counter trading desk posted record volumes in the third quarter, signaling once again that institutional uptake of digital assets is on the rise. The company’s third-quarter earnings report showed a 75% year-over-year rise in trading…

Bitcoin (BTC) clinched a third day trading above $8,000 on Jan. 13 as weekend trading failed to take away bullish momentum.Cryptocurrency market daily overview. Source: Coin360BTC: major resistance only at $8,800Data from Coin360 and Cointelegraph Markets showed BTC/USD begin the week at just over $8,100. After exiting the $7,000 range on Friday, Bitcoin managed to…

Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based traceability product.To develop the new project, Samsung SDS partnered with American software firm Pega and Tech Mahindra, a subsidiary of major Indian multinational conglomerate holding company Mahindra Group, according to a press release on Oct.…

An Ethereum user used Aave's V2 lending platform by depositing 7.5 million USDC as collateral. Following the issuer's decision to temporarily halt mints and redemptions through its banking partner, Prime Trust, a trader has taken advantage of the situation by initiating an on-chain short position on the stablecoin TrueUSD (TUSD).According to on-chain data, an Ethereum…

U.S. Bank is now providing custody services for Bitcoin, Bitcoin Cash and Litecoin, according to a company executive. U.S. Bank, the fifth-largest retail bank in the United States, announced Tuesday that it is launching a cryptocurrency custody service for institutional investors, potentially setting the stage for wider mainstream acceptance of digital assets.As CNBC reported, U.S.…

U.S. financial regulators will now work together to create modalities for clear-cut crypto regulations in America. 5330 Total views 58 Total shares The U.S. House of Representatives on Tuesday passed H.R. 1602 — the Eliminate Barriers to Innovation Act — introduced by Congressman Patrick McHenry (R-NC).H.R. 1602 was among six bipartisan financial services-related bills passed…

The US Attorney’s Office said Ryan Salame made a “demonstrably false” allegation by claiming prosecutors did not intend to continue investigating his partner, Michelle Bond.