Swiss regulator forces crypto-friendly FlowBank into bankruptcy
The Swiss-based bank had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and reportedly Binance.
Related Posts
3 reasons why Pepe poised for another 70% jump by July
PEPE’s rising wedge pattern, rising whale accumulation and increasing rate cut bets could boost the memecoin’s price in June.
Algorithmic stabilization is the key to effective crypto-finance
After the collapse of Terraform Labs’ cryptocurrency, Terra (LUNA), and its stablecoin, Terra (UST), the notion of “algorithmic stabilization” has fallen to a low point in popularity, both in the cryptocurrency world and among mainstream observers.This emotional response, however, is strongly at odds with reality. In fact, algorithmic stabilization of digital assets is a highly valuable…
Top 5 cryptocurrencies to watch this week: BTC, DOT, UNI, LINK, XMR
Bitcoin (BTC) has continued to trade near the $55,000 level. The sharp rally in Bitcoin has pushed its market dominance from 40.70% on Sep. 12 to about 45% today. This shows that the strong recovery in cryptocurrencies has largely been led by Bitcoin. This sharp run-up in Bitcoin has pushed the Fear and Greed indicator into…
Here’s why DinoSwap’s (DINO) TVL rose above $330M a week after launch
Decentralized finance (DeFi) remains one of the fastest-growing subsectors of the cryptocurrency ecosystem and newly launched platforms looking to grow their userbase and attract liquidity typically offer high-interest staking pools for the first few weeks after launching. One new project that has steadily gained traction in terms of user growth and total value locked (TVL) since farming…
DeFi sees exploits and exit scam drama in the last week of 2022: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.For DeFi, the last week of 2022 saw another slew of exploits, insider job accusations and exit scam drama. It all started on Christmas, when Defrost Finance, a decentralized leveraged…
Blockchain Developer Ant Financial Ranks Fifth Largest Private Firm in China
Fintech and blockchain developer Ant Financial, an affiliate of e-commerce giant Alibaba, has been ranked the fifth most valuable private firm in China.In an inaugural rankings report by Hurun, which is best known for compiling a rich list for China, Ant Financial is the top firm in its field and fifth largest in a ranking…
How Facebook’s Libra Has Been Influencing Crypto, Politics and Finance
Over the past few days, a number of Libra-related announcements have been made — only, they weren’t from Facebook, the Libra Association, Calibra wallet or any other party involved in its development. First, top crypto exchange Binance announced a project called “Venus” — coincidentally, another astrology-themed name — which will focus on developing “localized stablecoins” worldwide;…
Nasdaq Is Quietly Testing Bitcoin-Based Product Under CXERX Indice, Analyst Suggests
The world's second-largest stock exchange, Nasdaq, is allegedly testing trading of a bitcoin (BTC)-based product, according to a tweet by an analyst at quantitative trading analytics service StrongMarket on April 22.Twitter personality Cryptopolis, a quantitative analyst at StrongMarket, tweeted that he bought one bitcoin through an account on retail brokerage firm TD Ameritrade (NASDAQ: AMTD)…