Digital Currency Group (DCG) is shutting down TradeBlock, its trade execution and prime brokerage services unit, due to the ongoing crypto winter and regulatory uncertainties. TradeBlock, which offers trading services to institutional investors, will close down on May 31, according to a …
Nike’s Web3 platform, .SWOOSH, has released its first non-fungible token (NFT) sneaker collection, which has already surpassed $1 million in sales despite persistent technical issues that disrupted the user experience. The highly-anticipated launch began on May 15, almost a week after its …
The increasing importance of sentiment analysis in the world of cryptocurrency trading has brought about a revolution in transformers and large language models (LLMs). These models provide an incredibly efficient and scalable approach to analyzing market sentiment, delivering an improvement of traditional …
On Tuesday, stocks dropped while bitcoin continued to hold steady, demonstrating its resilience amidst ongoing regulatory issues and macroeconomic uncertainties. The world’s largest cryptocurrency by market cap was trading near $27,200, up 1.1% over the past 24 hours, and topped $27,400 shortly …
Interest in staking ether has surged since the implementation of the Shapella upgrade on April 12th. Staking ether means locking coins in the Ethereum network to earn passive yield, and since the upgrade, more than 4.4 million coins have been deposited into …
The International Organization of Securities Commissions (IOSCO) has released its policy recommendations for the regulation of crypto and digital assets markets for public comment. The recommendations are made up of 18 different policies that cover a range of issues, such as market …
The introduction of a new anti-money-laundering bill in the US Senate, co-sponsored by Senators Elizabeth Warren and Roger Marshall, has sparked concerns among the blockchain community about the future of cryptocurrency. The Digital Asset Money Laundering Act is aimed at closing loopholes …
The 13th anniversary of Bitcoin Pizza Day, which commemorates the moment a computer programmer used 10,000 bitcoins to purchase two pizzas in 2010, has taken a negative turn. Meme coin issuers have reportedly made over $200,000 off pizza-related rug pulls in the …
Cryptocurrency trading platform Hotbit recently announced that it will be ending all centralized exchange (CEX) operations. The platform has cited deteriorating operating conditions and changes in the broader crypto landscape as reasons for its decision. The news comes as a surprise to …
Malaysia’s Securities Commission (SC) has recently ordered Huobi Global to halt its operations in the country, including disabling its website and mobile applications. This decision was made because Huobi Global has been found to be operating a digital asset exchange without proper …