Mike McGlone believes we will see more crypto short positions opened this March

The lack of regulatory clarity is the biggest hurdle to the adoption of crypto-enabled payments, according to a new survey co-hosted by Ripple.

Shibarium is set to be launched soon and many projects are already pledging support. Shiba Inu is set to benefit on all fronts with the emergence and potential growth of the Shibarium protocol. With the launch of Shibarium getting closer, many projects have started pledging their support for the Shiba Inu ecosystem’s much anticipated Layer-2 […]

Battling going into bankruptcy, FTX has revealed the details of a “massive shortfall” in its digital asset and fiat currency holdings – with billions of dollars of customer funds gone from the crypto exchange and its US-based arm.The disastrous shortfall was made bleakly apparent when FTX released its presentation on March 2. According to the […]

In the midst of dramatic cutbacks across the crypto industry, Binance is going against the grain and planning to expand its team. The exchange is looking to fill another 500 positions by the end of June 2023, in spite of its own recent controversy. It’s no shock that layoffs have hit the crypto industry hard […]

As the price of Bitcoin continues to rise, the second-biggest publicly-traded Bitcoin miner, the Marathon Digital Holdings, made history by offloading some of their Bitcoin holdings for the first time in two years. The company managed to offload 1,500 BTC in January alone, worth roughly $35.3 million at present day rates. Marathon Vice President of […]

Voyager Digital, the CeFi platform that filed for Chapter 11 bankruptcy, has reportedly sold assets through Coinbase and received at least $100 million in USDC. The company has sent daily crypto transfers to Coinbase, with holdings of nearly $530 million in crypto, including Ether and Shiba Inu. The US SEC has objected to Binance.US acquiring […]

G20 countries have announced that the Financial Stability Board, the International Monetary Fund, and the Bank for International Settlements will release recommendations on global crypto regulation by July. (Read More)

Texas’ State Securities Board and Department of Banking object to Binance.US’s proposed $1.022 billion deal to buy Voyager Digital’s assets, citing “inadequate” disclosures. (Read More)

Mantle Core has submitted a proposal to create a $200 million fund for early-stage Web3 startups, aiming to boost adoption of its Ethereum layer-2 network, Mantle, among developers and Dapps. BitDAO’s treasury would provide $100 million in USD Coin, while another $100 million would come from external matching capital from strategic venture partners. The Mantle […]