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Cryptocurrencies
Crisis in crypto lending shines light on industry vulnerabilities
The crypto market has entered a bearish phase as prices of major cryptocurrencies have fallen to a four-year low. The current downturn in the crypto market has driven several crypto firms to go out of business, while many have made severe…
Coinbase to shut down Coinbase Pro to merge trading services
Launched in 2018, Coinbase Pro is designed to feature unlimited trading volumes, supporting more than 250 cryptocurrencies. 544 Total views 25 Total shares Coinbase’s professional trading platform Coinbase Pro will cease to exist as…
Nexo hires Citibank to advise on acquisitions during market turmoil
“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms. 214 Total views 16 Total shares Crypto lending platform Nexo, says that its strong balance sheet…
Tether to launch GBPT stablecoin pegged to British pound sterling
Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment. 2809 Total views 63 Total shares Major stablecoin company Tether is expanding its stablecoin…
Institutions are exploring the space — KPMG Canada crypto team
Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the Metaverse. 312 Total views 6 Total shares The Canadian operations…
Shopify unveils tokengated commerce as part of new connect-to-consumer experience
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NFT, DeFi and crypto hacks abound — Here’s how to double up on wallet security
The explosiveness and high dollar value of nonfungible tokens (NFTs) seem to either distract investors from upping their operational security to avoid exploits, or hackers are simply following the money and using very complex strategies to…
Chainalysis launches reporting service for businesses targeted in crypto-related cyberattacks
The firm said it was starting a "Crypto Incident Response" hotline to "help bring bad actors to justice and demonstrate that crypto is not the asset class of anonymity and crime.” 248 Total views 6 Total shares Blockchain analytics…
Binance-owned Trust Wallet adds buy option via Binance Connect
Binance's self-custodial crypto wallet Trust Wallet now allows buying more than 200 digital assets with 40 fiat currencies via Binance Connect, formerly known as Bifinity. 255 Total views 4 Total shares Trust Wallet, a major…
Crypto brokerage FalconX raises $150M at $8B valuation
FalconX is the latest cryptocurrency firm to secure millions of dollars in fresh funding despite the cryptocurrency markets experiencing a major decline. 352 Total views 6 Total shares Despite the ongoing bearish trend in…
