• 21 November, 2024

Daily Archives: February 9, 2023

News
Tether Reports Strong Q4 2022 Results with $700 Million Profit

Tether Reports Strong Q4 2022 Results with $700 Million Profit

The leading stablecoin issuer, Tether, has received validation of its reserves from top accounting firm BDO through an assurance opinion.

Crypto Exchanges
Know The Reason For the Drop-In Decentralized Exchanges Trading Volume

Know The Reason For the Drop-In Decentralized Exchanges Trading Volume

Decentralized Exchanges (DEXs) attracted investors with their superior security and decentralization, especially after the FTX meltdown in 2022 Decentralized Exchanges

Market News
An Unknown Financial Investor Has Been Stealthily Injecting Funds Into the Industry

An Unknown Financial Investor Has Been Stealthily Injecting Funds Into the Industry

The mysterious fund started withdrawing USDC from Circle on December 7th, 2022 and has amassed a staggering 10 billion dollar

News
India’s Finance Minister Advocates for IMF-led Global Crypto Regulation

India’s Finance Minister Advocates for IMF-led Global Crypto Regulation

Indian Finance Minister Nirmala Sitharaman spoke virtually with IMF Managing Director Kristalina Georgieva on Thursday to discuss preparations for the

News
Robinhood BoD Approves Buyback of $578M Stake Bought by SBF’s Emergent Fidelity

Robinhood BoD Approves Buyback of $578M Stake Bought by SBF’s Emergent Fidelity

The Robinhood Market (RM) board of directors have reportedly approved to buy the $575 million worth of its shares back

Market News
Yearn Finance Experiences 2 Huge Transfers 3.9X Larger Than any Others in the Past 3 Months

Yearn Finance Experiences 2 Huge Transfers 3.9X Larger Than any Others in the Past 3 Months

Yearn Finance has seen its biggest transaction in almost 3 months, with roughly $60 million being transferred in just a

News
Coinbase CEO Says SEC Might Ban Crypto Staking in the U.S.

Coinbase CEO Says SEC Might Ban Crypto Staking in the U.S.

According to Brian Armstrong, founder and CEO of Coinbase, he has received allegations that the SEC would want to do

Market News
Umami Finance CEO Has Recently Sold His UMAMI Tokens, Prompting a 50% Price Dip

Umami Finance CEO Has Recently Sold His UMAMI Tokens, Prompting a 50% Price Dip

As rumors of potential regulatory issues circulate, investors are panicking and frantically selling their tokens in fear of further financial

Crypto Exchanges
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U.S. SEC Investigates Kraken for Securities Violations

The U.S. SEC has reportedly launched a securities violations investigation against the cryptocurrency exchange Kraken. The said investigation is reported