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Crypto Lender BlockFi Emerges from Bankruptcy, Promises Repayment by 2024
October 24, 2023
The cryptocurrency lending platform, BlockFi, has successfully emerged from its financial troubles, following a declaration of bankruptcy in November 2022. As part of its recovery plan, the company has floated …
Read moreMajor Cryptocurrency Exchanges Register Significant Bitcoin Asset Outflow
October 24, 2023
In a recent development, major digital currency exchanges globally have seen a noticeable outflow of Bitcoin assets. This occurrence, which many consider a bullish sign, confirms a sentiment of traders …
Read moredYdX Reveals Source Code for Cosmos-Based Chain Ahead of Mainnet Debut
October 24, 2023
In an important development, the decentralized cryptocurrency exchange dYdX has rolled out the open-source code for its forthcoming Cosmos chain. This noteworthy release signifies the first phase of the dYdX …
Read moreNym's Privacy-Centric Innovation Fund Attracts $300M Backing
October 24, 2023
Nym Technologies has successfully attracted $300M in cryptocurrency fund commitments earmarked for its privacy-centric 'Innovation Fund'. This massive funding commitment is not limited to Nym's privacy-preserving tech specifically and will …
Read moreBinance Perseveres Amid Regulatory Challenges and High-Profile Departures
October 24, 2023
Despite the ongoing legal action by the Commodity Futures Trading Commission (CFTC) and a series of high-profile departures, crypto exchange, Binance's derivatives trading activities continue to be strong, especially during …
Read moreARK Invest Sells Shares in Grayscale Bitcoin Trust as BTC Market Surges
October 24, 2023
ARK Investment Management, led by the well-known investor Cathie Wood, has sold significant shares in Grayscale Bitcoin Trust (GBTC) amidst a market upsurge ignited by the expected approval of a …
Read moreBitcoin Inflows Dominate as Crypto Investment Surges Amid Prospective ETF Launch
October 24, 2023
The digital asset exchanges have seen significant inflows for four consecutive weeks, as market-watchers anticipate the likelihood of approval for a Bitcoin ETF in the United States. Reports indicate a …
Read moreBitcoin Soars Past $35,000; High ETF Anticipation Spurrs Surge
October 24, 2023
Bitcoin experienced a considerable surge in value recently, crossing the $35,000 mark for the first time since May of 2021. The popular cryptocurrency's significant uptick was driven by several market …
Read moreBankman-Fried Enlists Finance Expert to Counter DOJ Testimony
October 24, 2023
Former FTX Chief, Sam Bankman-Fried, plans to enlist a finance expert to challenge the testimonies delivered by Caroline Ellison, Gary Wang, Nishad Singh, and Adam Yedidia. Bankman-Fried's legal team anticipates …
Read moreLearn Concept: Importance of Web3 Security in the Crypto Sphere
October 24, 2023
The blockchain security firm, Blockaid has raised $33 million in funding to further develop its technology which mitigates malicious transactions. This indicates the growing emphasis on security within the digital …
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