Primary vs. secondary markets: Key differences

Primary and secondary markets differ in securities, pricing, risk, volume, liquidity, timeframe and more. Stock and crypto markets are essential components of the global financial system. These markets provide a platform for investors to buy and sell financial assets, which helps companies raise capital for investment and growth. Moreover, the stock and crypto markets play a […]

Russian exchanges exposed in crypto-for-cash scandal

An investigation into no questions asked transfers between Moscow and London found several Russian crypto exchanges willing to accommodate cash trades. The investigation was conducted by the non-profit organization Transparency International (TI,) which seeks to “end the injustice of corruption by promoting transparency, accountability, and integrity.” Releasing the ironically titled report, “FROM MOSCOW-CITY WITH CRYPTO: […]

Lido expects staked Ethereum withdrawals in May

Liquid staking protocol Lido (LDO) has set a May target for staked Ethereum (stETH) withdrawals. The protocol explained that its timeline was affected by the ongoing audits of its V2 platform. Lido spent $1.2 million on seven audits In a March 14 Twitter thread, the DeFi protocol said it had spent $1.2 million on seven […]

Mortgage Demand Up despite Interest Rates Volatility

Coinspeaker Mortgage Demand Up despite Interest Rates Volatility Mortgage demand has risen for the second consecutive week despite some volatility in mortgage interest rates. However, although applications to purchase a home climbed 7% this week, the figure is still 38% down from the same week a year ago. Meanwhile, the Mortgage Bankers Association’s index revealed […]

Hawex: Who said that cryptocurrency is not universal?

The functionality of payment services is rapidly expanding in the cryptocurrency market, allowing cryptocurrency to enter real life. However, seamless payments between the crypto world and the fiat world are only coming into use. Hawex is a fintech company that has developed a payment ecosystem for businesses and individuals. Hawex uses several basic tools to […]

NYDFS: Signature Bank Closure Unrelated To Crypto

According to the regulatory body, the latest shutdown of the Signature Bank is not related to its cryptocurrency dealings.  NYDFS Denies Crypto Connection  On March 14, the regulator responsible for the Signature Bank’s closure, i.e., the New York State Department of Financial Services (NYDFS), announced that the decision was not influenced by the bank’s ties […]