Kraken probing funding Gateways amid deposit and withdrawal delays
Kraken recently suffered operational delays due to technical issues with crypto funding gateways. The exchange was however able to quickly...
Global Markets
Binance on SEC’s lawsuit on Monday: ‘we will vigorously defend’
SEC sued Binance for violating securities laws on Monday. Here’s what Binance said in its response to the regulator. Coinbase...
Bitcoin network hash rate hit a record high in May
Bitcoin network activity climbed for the fifth month straight. Mining difficulty and transaction fee also climbed in May. The world’s...
Hong Kong-based First Digital launches new USD-backed stablecoin
First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said....
MakerDAO votes to drop Pax Dollar (USDP) stablecoin from its reserves
The MakerDAO community has voted to ditch Pax Dollar (USDP) stablecoin worth $500 million from its reserves. Maker’s treasury holds...
Canadian crypto exchange Bitvo reduces withdrawal fees by 50%
Several cryptocurrency exchanges have announced leaving the Canadian crypto market citing the Canadian regulations. Bitvo aims to leverage the market...
Crypto.com completes its licensing process in Singapore
Crypto.com received an in-principle approval in Singapore last June. Coinbase and Blockchain.com are the other exchanges that have received in-principle...
IOTA price taps 1-month high as Bitcoin retests $28k
IOTA price rose as high as $0.22 as Bitcoin retested $28k for the first time in weeks. Ethereum price also...
Metacade surpasses $0.024 as crypto market rallies after debt ceiling agreement
Key takeaways MCADE is up by more than 13% over the last seven days and is now trading above $0.024....
Nvidia’s $1 trillion valuation sees crypto AI tokens surge
Nvidia’s march to a $1 trillion market cap has been helped by the AI boom. The company joins Apple, Microsoft,...
