Sun, February 2

Derivatives Exchange CME Group to Offer ETH Options

Investors may speculate on the price of the second-largest cryptocurrency. The merging event planned for later this week is a major factor in the soaring demand. One of the world’s largest derivatives exchanges, CME Group, will soon provide Ethereum options contracts. Derivative instruments, such as options and futures, provide investors

September 13, 2022 1 min read

Brother of Ex-Coinbase Manager Pleads Guilty to Insider Trading

Nikhil Wahi had been taken into custody by the police in July. Nikhil liquidated his crypto holdings shortly after the announcements. United States Attorney for the Southern District of New York said on Monday, September 12 that 26-year-old Nikhil Wahi pled guilty to wire fraud and insider trading of cryptocurrencies

September 13, 2022 2 mins read

Support for Hedera Will Be Included in Coinbase

The price of HBAR increased in the last five days. Coinbase will add support for Hedera on the Hedera Network. The last five days have seen an increase in the price of Hedera (HBAR). HBAR was trading at $0.0688 at the time of writing, up 7.96% over the previous day.

September 13, 2022 2 mins read

Huobi Global Announces De-listing of 7 Privacy Coins

After September 12th, users will no longer be able to add funds to their coin’s wallet. Tornado Cash, an Ethereum-based mixing service, was recently sanctioned. On September 6, the cryptocurrency exchange Huobi said it will no longer trade Dash (DSH), Decred (DCR), Firo (FIRO), Monero (XMR), Verge (XVG), Zcash (ZEC),

September 12, 2022 2 mins read

Thailand-Based DeFi Platform Raises $5 Million in Seed Funding

Kasikornbank and Bank of Ayudhya, two of Thailand’s largest banks, are backing Forward. Forward has partnered with NFT artist LUNGtiger to better understand blockchain technology. Forward, a Thailand-based Decentralized Finance (DeFi) company, has received $5 million in seed funding from venture capital platforms. It is backed by Kasikornbank and Bank

September 12, 2022 2 mins read

Coinbase Offers Ethereum Staking Token at 8% Discount

These liquid staking tokens are not intended to maintain a 1:1 peg with ETH. The importance of cbETH’s discount may be better appreciated when compared to rETH. Wrapped Ethereum staking token (cbETH), released by Coinbase at the end of last month, has been selling at a discount ever since. Today,

September 12, 2022 2 mins read

FTX Ventures Acquires 30% Stake in SkyBridge Capital

Approximately $40 million of the new capital will be used towards the purchase. Skybridge assured that there was no chance of any assets being liquidated. Sam Bankman- Fried’s FTX Ventures, a cryptocurrency venture capital company, has recently made a splash in the market by acquiring a 30% stake in fellow

September 9, 2022 2 mins read

Coinbase Supports Lawsuit Against U.S Treasury in Tornado Cash Sanction

Tornado Cash sued the U.S Treasury department. Coinbase backing a lawsuit against the SEC. The largest cryptocurrency exchange Coinbase announced that it was backing a lawsuit against the U.S. Securities and Exchange Commission (SEC) on Thursday. Coinbase claims that this backing will help to prevent sanctions prohibiting Americans from Tornado

September 9, 2022 1 min read

GameStop As The Retailer Partner of Crypto Exchange FTX.US 

GameStop is now the “preferred” retail partner of FTX.US.  The gaming company’s Q2 2022 net sales drop to $1.136B. On Wednesday, GameStop, the giant game retailer, announced its partnership with the major crypto exchange FTX.US to launch “new e-commerce and online marketing initiatives” unitedly. Along with disclosing its Q2 2022

September 8, 2022 2 mins read

Binance U.S Introduces ETH Staking Ahead of The Merge

The annual percentage yield (APY) for staking Ether is 6%. Binance.US allows customers to stake with as little as 0.001 ETH. A number of platforms have begun ETH staking as the Ethereum network transitions from proof-of-work (PoW) consensus to proof-of-stake (PoS). According to a recent release, cryptocurrency exchange Binance has

September 7, 2022 2 mins read
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