Key takeaways: Galaxy Digital’s Mike Novogratz has said that two-thirds of crypto hedge funds will fail. Mr. Novogratz cited the ongoing global macroeconomic environment as the core reason 66% of…
Summary: The Merge on the Ropston testnet on Wednesday was largely successful as the pace picks up for Ethereum 2.0. A few bugs remain with client pairs and validating block…
Summary: UFC has agreed to onboard the protocol as its official Layer 1 blockchain partner. The deal is valid for five years. VeChain will receive exposure to a massive mainstream…
Summary: The US Second Circuit ruled against Do Kwon’s appeal to render the subpoenas invalid. Kwon argued that the SEC violated the Due Process clause. Kwon’s lawyers also claimed that…
BGC Partners CEO Howard Lutnick said that the firm would build a crypto exchange. The exchange is expected to launch in Q1, 2023. Institutional interest in crypto appears to be…
$20M worth of OP tokens were sent to the wrong crypto address provided by Wintermute, a market maker platform Before the funds could be retrieved, an attacker stole $20M OP…
Key takeaways: Binance has stopped deposits and withdrawals of EGLD to investigate what it calls a potential security issue on the Elrond Network. Yesterday, a hack was reported on the…
Key takeaways: Terra’s Do Kwon allegedly rejected an initial 3.6% interest rate on the Anchor protocol. Anchor’s interest rate was reportedly increased to 20% one week before the protocol went…
Key takeaways: Ethereum developers have successfully merged the Ropsten Testnet to the proof-of-stake beacon chain. The Merge of the Ropsten Testnet is meant to be a test run for the…
Key takeaways: Ethereum’s Merge will happen today on the Ropsten Testnet. A successful Merge of the Beacon Chain and the Ropsten testnet will be the first signal of a potentially…
Summary: Prime Minister Fumio Kishida suggested the current process stifles the crypto economy. The JVCEA could implement a new system by the end of the year. Token listings in Japan…
Summary: Reports say CZ met with authorities to discuss securing approval to operate in the country. Two business licenses were mentioned for Virtual Asset Service Provider and Electronic Money Issuer…
Citadel Securities and Virtu Financial are working together to release a crypto trading platform. The platform could launch towards the end of the year or early next year. The development…
Osmosis DEX on the Cosmos Blockchain was recently exploited for $5 million The DEX’s bug was first flagged by an anonymous user on Reddit. Osmosis, a reputed blockchain on the…
Key takeaways: PayPal has announced the launch of new features, including crypto transfers with other wallets. Initially, PayPal users could only buy, sell and hold digital assets on the platform…
