The U.S. Southern District Court of New York rejected all pre-trial motions filed by FTX founder Sam Bankman-Fried (SBF) — including a motion to dismiss the case or “sever” certain charges. District Judge Lewis Kaplan, who is overseeing the case, made the ruling on June 27, according to court filings. The court said that after […]
EDX Markets reportedly drops Paxos as planned custodial partner
EDX Markets, a nascent crypto exchange supported by Charles Schwab, Fidelity, and Citadel Securities, has reportedly ended its intended association with Paxos and is nearing an agreement with Anchorage Digital, according to Bloomberg. Previously, EDX Markets had announced a partnership with Paxos in October of last year. The New York-based blockchain firm, known for issuing […]
Over $204M was lost in Q2 DeFi hacks and scams: Report
More than $208.5 million was lost initially, but approximately $4.5 million was recovered, making the total amount of unrecovered funds over $204 million. Over $204 million was lost in decentralized finance (DeFi) hacks and scams in the second quarter of 2023, according to a June 27 report from Web3 portfolio app De.Fi. The report, titled […]
Yield Protocol declares full recovery from Euler hack, awaits user token exchange
The permissionless, collateralized fixed-rate borrowing and lending market restored operations in May and will now switch out user tokens worth $1.5 million. Yield Protocol announced on June 27 that it had fully recovered from the Euler flash loan attack. Liquidity providers can now update their strategy tokens, the protocol said on Twitter. That was the […]
Ran Neuner Believes Blackrock’s Bitcoin ETF Could Double Price Next Year, Dismisses ‘Malicious Intent’ Speculations
Following Blackrock, the largest asset manager globally, filing for a spot bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), Ran Neuner, host of Crypto Banter, stated during an interview with Michelle Makori, lead anchor for Kitco News, that he believes the asset manager has “no malicious intent.” Neuner additionally expressed his […]
Wemade welcomes SkyJet Software and MetaTokyo Studio on its blockchain game platform WEMIX PLAY…
Wemade welcomes SkyJet Software and MetaTokyo Studio on its blockchain game platform WEMIX PLAY, expanding its reach into Lithuania and Japan SkyJet Software to release its 3D helicopter shooting game Skybreakers on WEMIX PLAYMetaTokyo Studio developing Chromata, an FPS/RPG hybrid, in Unreal Engine 5WEMIX PLAY to solidify its global no. 1 platform status through continuous lineup growth and […]
Bitcoin could be the refuge as bond market faces negative returns
Quick Take One of the most robust markets globally is the bond market, which, according to Visual Capitalist, was estimated to be worth $133 trillion in 2022. This colossal market has seen consistent growth over the last four decades, primarily driven by government debt increases due to interest rate reductions during each recession and the […]
Robinhood lays off 7% of workforce on same day as Cardano, Polygon, and Solana delisting
Robinhood is slashing about 7% of its full-time employees, marking the company’s third wave of layoffs in just over a year. The decision comes as the company faces dwindling customer trading activity and follows the controversial delisting of three major cryptocurrencies, according to the original report from The Wall Street Journal. Roughly 150 employees are […]
Here’s When the Next Bull Run May Trigger; Crypto Market Cap May Soar Beyond $10T Then
The post Here’s When the Next Bull Run May Trigger; Crypto Market Cap May Soar Beyond $10T Then appeared first on Coinpedia Fintech News Soon after the beginning of the American trade, the crypto space geared up and rose. With the Bitcoin price rising above the narrow consolidation and heading towards the crucial resistance of […]
Polygon (MATIC) Struggling To Break Past $0.60, Tradecurve Aiming For A Further Increase
Despite the recent price recovery in the crypto market, Polygon is still struggling with bearish pressure as the bulls try to surpass the $0.60 mark, leaving investors and supporters eagerly awaiting a potential breakthrough. On the other hand, Tradecurve (TCRV) has emerged as a promising player in the crypto market, fueled by its unique approach […]