Coinbase is in advanced talks to buy Deribit, a cryptocurrency derivatives exchange, according to a March 21 report by Bloomberg. Acquiring Deribit — the world’s largest venue for trading Bitcoin (BTC) and Ether (ETH) options […]
Metaplanet, a publicly listed Japanese company known for its Bitcoin investments, has appointed Eric Trump, son of U.S. President Donald Trump, to its newly created Strategic Board of Advisors. The company made the announcement in […]
The U.S. House of Representatives has passed H.J. Res 25, effectively rejecting the Internal Revenue Service’s (IRS) controversial broker rule. The resolution, which gained overwhelming bipartisan support, aims to protect decentralized finance (DeFi) innovation and […]
Non-fungible token (NFT) giant OpenSea has halted its newly introduced airdrop reward system following widespread criticism from its user base. The move comes after concerns were raised regarding the platform’s experience points (XP) system, which […]
The Worldwide Asset eXchange (WAX) has removed the fee required to create a blockchain account through its Cloud Wallet. Previously, new users had to pay 5 $WAXP to set up an account, a measure originally […]
The average Ethereum gas fee has dropped by 95% in the year following the Dencun upgrade, one of Ethereum’s most significant network improvements. On March 13, 2024, Ethereum’s Dencun upgrade was rolled out. The upgrade […]
The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts. The cumulative stablecoin […]
Following yesterday’s whale liquidation event on Hyperliquid, which saw the decentralized exchange (DEX) lose $4 million, some analysts are characterizing it as a necessary stress test that could ultimately strengthen decentralized finance (DeFi) protocols. Others […]
After more than two years under regulatory scrutiny, Yuga Labs announced that the US Securities and Exchange Commission (SEC) has officially closed its investigation into the company without taking enforcement action. While the agency has […]
In this week’s newsletter, check out non-fungible token (NFT) gaming project Axie Infinity’s new trailer for its upcoming Web3 game, Atia’s Legacy. In other news, luxury fashion giant LVMH has been sued for NFT patent […]
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