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SafeMoon addresses recent exploits amid SEC charges

SafeMoon says it is closely examining the recent developments and will work to resolve the situation promptly. News Decentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations and fraud, has said that it is closely examining recent developments and will work to resolve the […]

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TradFi meets DeFi: Swiss meta-exchange unifies trading across FX, CEXs and DEXs

This Swiss platform unifies traditional finance experience with DeFi, coining the term “MEX” with its Smart Engine meta-exchange. Crypto gets traditional finance treatment with the Smart Engine, a first-of-its-kind meta-exchange by SwissBorg. Unifying the experience for FX, CEX and DEX trading, Smart Engine has recently integrated with Solana, bringing direct fiat on-ramps for Solana-based projects. […]

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Price analysis 10/11: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC

Bitcoin and select major altcoins are under pressure as the September Producer Price Index report shows wholesale inflation surged to 0.5%, exceeding the markets’ expectation. Buyers are finding it difficult to maintain Bitcoin BTC $34,505 price above $27,000. The selling increased after the September producer price index rose 0.5% for the month versus expectations for […]

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Ecosystem developers bring Bitcoin to Cosmos network

nBTC will be usable across more than 50 app-chains connected to Cosmos IBC. News Osmosis, the largest decentralized exchange (DEX) on Cosmos, will be bringing Bitcoin BTC $34,239 to the namesake inter-blockchain communications (IBC) protocol together with Nomic and Kujira. According to an October 3 announcement during the Cosmoverse 2023 Conference, users can transfer Bitcoin […]

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Voyager Digital was ‘no better than a house of cards’ — CFTC commissioner

CFTC Commissioner Kristin Johnson’s comments came after separate lawsuits from the CFTC and FTC were filed against Voyager and its former CEO, Stephen Ehrlich. News A commissioner for the United States Commodity Futures Trading Commission has slammed Voyager Digital for its mistakes that eventually led to the loss of billions of dollars in customer funds. […]

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SBF seeks to probe FTX lawyers’ roles in $200M Alameda loans

Sam Bankman-Fried’s legal team seeks permission to cross-examine Gary Wang over FTX lawyers’ involvement in Alameda loan approvals. News Sam “SBF” Bankman-Fried’s legal team is looking for permission to probe the alleged involvement of FTX lawyers in the issuance of $200 million worth of loans from Alameda Research that were approved by Gary Wang. As […]

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Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin

Crypto investment products have seen over $450 million in cumulative outflows over the past nine weeks. News Outflows from crypto exchange-traded products (ETPs) reached $455 million over the previous nine weeks, according to a report from asset manager CoinShares. Outflows from ETPs generally indicate negative sentiment toward cryptocurrencies. Crypto exchange-traded products are designed to track […]

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Ripple CTO says ‘tide is turning’ on US regulatory environment

David Schwartz believes the U.S. legal system is looking more skeptically at SEC cases against various cryptocurrency industry participants. News A court ruling that cleared Ripple’s XRP token of being considered a security offering might signal a turn in the tide against regulatory scrutiny of the cryptocurrency ecosystem in the United States and current lawsuits involving […]

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Who is Do Kwon? Profile and biography

Kwon Do-Hyung, known as Do Kwon, is the co-founder and CEO of Terraform Labs, a Singapore-based blockchain development company. He is widely known for spearheading the creation of the Terra crypto ecosystem project, which collapsed in May 2022. Born in Seoul, South Korea, on Sept. 6, 1991, he grew up in the city and attended […]

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Decentralizing DCA: This exchange offers gas-free dollar-cost averaging

Trading volatile cryptocurrencies is no easy task, but the dollar-cost averaging (DCA) strategy holds the key to addressing timing challenges and reducing risk. Cryptocurrencies attract a lot of investors due to their high volatility, but this also poses a significant challenge. The most difficult part of investing in crypto is finding the best time to […]

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