LocalMonero exchange shuts down as crypto privacy services dwindle

The markets are bleeding out. Ether (ETH) dropped from $500 to $300 in a matter of days, people are screaming that the DeFi bubble has burst already, and are crying about their favorite “[insert food name] coin” crashing in value after a one-month-old Twitter account rug pulled 38K ETH from investors.Yes, it’s just another week…

Fan token platform Chiliz validates the genesis block of its new layer-1 EVM-compatible blockchain to mark its five-year anniversary. 1172 Total views 16 Total shares Own this piece of history Collect this article as an NFTFive years from its inception, fan token platform Chiliz has launched its own layer-1 Ethereum Virtual Machine (EVM) compatible blockchain…

Canadian cryptocurrency exchange QuadrigaCX is down for maintenance, according to an announcement on its webpage on Jan. 28. The exchange, which has been wrapped up in legal troubles with the Canadian Imperial Bank of Commerce (CIBC), is inaccessible as of press time.Screenshot of QuadrigaCX Webpage. Source: QuadrigaCXThe exchanges users, some of whom have purportedly been…

After leading Lukka’s Series C funding round in late 2020, State Street partners with the firm to offer new digital asset services. 162 Total views 2 Total shares Major American financial services and bank holding company State Street Corporation is expanding its push into the cryptocurrency industry by launching new digital asset services.State Street, the…

While institutions are still withdrawing capital from Bitcoin investment products, money is flowing into Ethereum and altcoin products. 797 Total views 148 Total shares Institutional crypto products have seen their fifth consecutive week of outflows despite the bullish momentum in the markets. In its August 9 Digital Asset Fund Flows Weekly report, institutional asset manager CoinShares…

Thomas Farley said traditional Wall Street banks made the Coinbase stock listing and innovations in crypto possible by largely ignoring the industry. 1269 Total views 11 Total shares Thomas Farley, president of the New York Stock Exchange, said the world of finance was "past the point of no return" on crypto following Coinbase's public listing…

The image of a presidential candidate destroying a model of the central bank with a sledgehammer will not leave Argentines' memories for a long time. But once President-elect Javier Milei is seated on the throne on Dec. 10, will he still have the courage to follow a winding and risky path?Argentina carries — with its

Traditional financial firms finally believe that digital assets are here to stay. Or so one might conclude from the slew of announcements last week from some of the world’s premiere financial players.Among them is BlackRock — the world’s largest asset manager with $9 trillion in assets under management (AUM) — filed for permission to build…

Siam Commercial Bank, over a century old, doesn't fail to keep up with the times. 898 Total views 16 Total shares Siam Commercial Bank — Thailand's oldest bank, established by royal charter back in 1907 — is cementing its reputation as a strong backer of innovative financial technologies. The institution's venture arm, SCB 10X, has…