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French Bank Société Générale Secures $7 Million in Stablecoin Loans from MakerDAO

Jimmy Kelly Jan 14, 2023 0 Comments

Leading French investment firm Société Générale, announces it has successfully minted $7 million in stablecoin loan from MakerDAO, a decentralized…

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Ripple’s European Managing Director Shares 2023 Crypto Industry Forecast

Bradley Nelson Jan 12, 2023 0 Comments

2022 was an eventful year for cryptocurrency. There were massive ups and downs, with some of the most innovative projects…

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WazirX Piles the Largest Reserves for User Assets

Stephen Causby Jan 12, 2023 0 Comments

A recent audit of WazirX operations revealed that the crypto exchange has the largest volume of transactions. The report showed…

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DeFi: Ondo Finance Sets Up Initiative Giving Stablecoin Holders Access To Invest In Bonds

Jimmy Kelly Jan 12, 2023 0 Comments

Ondo Finance, a decentralized finance platform, has established a new initiative that introduces some products to its platform. These products…

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WazirX Releases Proof Of Reserve Report, Shiba Inu Ranks As Largest Holding

Jimmy Kelly Jan 12, 2023 0 Comments

WazirX, India's top crypto exchange, makes public its proof of reserve holdings, with Shiba ranking as the largest asset holding…

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Crypto.com Delisting Tether in Canada

Stephen Causby Jan 11, 2023 0 Comments

Crypto.com announced the decision to delist Tether in compliance with the Canadian regulator. The crypto exchange confirmed plans to terminate…

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Huobi Korea Splitting from Holding Company

Stephen Causby Jan 11, 2023 0 Comments

Huobi Korea announced plans to gain autonomy from the parent company. The split will allow its chairperson Cho Kook-Bong to…

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Why Part of Our Portfolio Firms Pause Their Token Launches – Crypto VCs

Bradley Nelson Jan 11, 2023 0 Comments

A growing number of venture capitalists in the crypto industry have disclosed that half of their portfolio enterprises have suspended…

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A More Solid Footing Is Needed For Crypto, Says Hong Kong’s Financial Regulatory Authority

Mubashar Nawaz (United Arab Emirates) Jan 10, 2023 0 Comments

Christopher Hui – the secretary of Hong Kong’s Financial Services and the Treasury (FSTB) – is presently constructing a policy…

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Court Dismisses Class Action Lawsuit Against Terra Labs And Do Kwon

Jimmy Kelly Jan 10, 2023 0 Comments

The lawsuit filed by Matthew Albright against Do Kwon and its associates in the Terra Luna crash has been dropped…

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Ripple’s Managing Director Releases Crypto Predictions For The Year

Jimmy Kelly Jan 10, 2023 0 Comments

Sendi Young, Managing Director of Ripple Labs, is optimistic about crypto in 2023 and is looking forward to what it…

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Huobi Withdrawals Slows as Tron’s USDD Experiences Fresh Slip

Stephen Causby Jan 9, 2023 0 Comments

Singapore-based crypto exchange, Huobi experienced a slower pace of withdrawals on January 8 though its stablecoin USDD's prices slipped away…

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Justin Sun Counters Withdrawals by Moving $100M in Stablecoins to Huobi Exchange

Stephen Causby Jan 7, 2023 0 Comments

The scrutiny of the Huobi exchange by blockchain data analytic firm Nansen revealed a huge inflow of stablecoins. The detailed…

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Silvergate Capital Announces 40% Layoffs and Abandons Diem Project

Stephen Causby Jan 6, 2023 0 Comments

The crypto-friendly bank witnessed a sharp decline in Silvergate stock price since the confidence crisis in the crypto industry following…

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Judge Rules that Customer Assets Belong to The Bankrupt Crypto Lender in Celsius ‘Earn Program’ Dispute

Jimmy Kelly Jan 5, 2023 0 Comments

On Wednesday, a U.S. bankruptcy judge ruled that Celsius Network controls the majority of the cryptocurrency deposited on its online…

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DeFi TVL Hits Two-Year Low, Struggles To Recover

Bradley Nelson Jan 4, 2023 0 Comments

According to DeFiLlama, a DeFi TVL aggregator, the total value locked (TVL) in DeFi has reached a two-year low. More…