The dYdX chain and DYDX token are now supported by the Ledger Live app. This means that users may stake and manage their Cosmos-based tokens securely using their private keys on the Ledger device. Owen Simonin, Founder & CEO at Meria stated: “We are thrilled to play a key role in facilitating the connection between
November 30, 2023 3 mins read
Robinhood said on Thursday that it would launch its platform in the United Kingdom in early 2024. Retail investors in the UK can expect a new age of accessibility and opportunity, similar to the platform’s revolutionary influence in the US, as Robinhood gets ready for its worldwide debut. The platform
November 30, 2023 1 min read
The premier digital assets institution, Nexo, has announced its strategic merger with Koinly, an innovative crypto tax software solution, as a critical step toward meeting the growing need for reliable crypto tax reporting solutions. The partnership was created in direct response to the industry’s demand for more efficient, smooth financial statement production
November 30, 2023 3 mins read
The bankruptcy court in Delaware approved the sale of around $873 million worth of trust assets held by the defunct crypto exchange FTX on November 29. Assets totaling $873 million will come from FTX holdings in several trusts issued by Bitwise ($66 million), a custody service provider, and Grayscale Investments
November 30, 2023 1 min read
In the wake of Binance’s former CEO Changpeng Zhao’s (CZ) resignation and reports stating that terrorists choose Justin Sun’s Tron over Bitcoin for enabling terror funding, among other things, the TrueUSD (TUSD) stablecoin depegged and fell to a low of $0.995. The current price of TUSD, after an unsuccessful repeg
November 28, 2023 1 min read
Institutional crypto products had their largest increase of inflows in two years, according to a recent report. Institutional investors have maintained a significant stake for the ninth consecutive week, according to CoinShares’ latest Digital Asset Fund Flows report. The highly anticipated introduction of a spot-based ETF for cryptocurrency, most likely
November 28, 2023 2 mins read
After a large number of Solana (SOL) tokens were transferred to an exchange, worries of a sell-off have increased among the crypto community. Solana pricing after having an extensive bull run has been consistently trading under negative pressure, increasing fears of a major price drop before the year-end. According to
November 27, 2023 2 mins read
Jae Kwon, the founder of Cosmos, publicly opposed a motion passed by the Cosmos hub governing council. In retaliation, Kwon has declared his intent to fork a new network called AtomOne from the existing Cosmoshub4. The forthcoming network will function independently, complete with its own governance plan and development staff,
November 27, 2023 2 mins read
Cardano (ADA), has been doing rather well as of late, with a monthly price rise of 38.72% taking it around the $0.40 threshold. Therefore, next year’s performance of the asset is worth monitoring to see whether the current trend can be sustained. The two most important factors that might push
November 25, 2023 2 mins read
Former Binance CEO Changpeng Zhao (CZ) is at the center of a courtroom confrontation in the legal controversy. The attorneys for CZ are vigorously opposing U.S. Justice Department (DOJ) attempts to block his return to the UAE until his sentence for anti-money-laundering (AML) violations. CZ’s recent guilty plea involved Binance
November 25, 2023 2 mins read