Latest news from the Web3 ecosystem
Cryptocurrency discussions dominated a U.S. Senate Banking Committee hearing, even before official proceedings began, highlighting the growing intersection of digital assets and traditional finance regulation.
Bitcoin's attempt to retake a critical resistance level at $68,000 has been rejected, signaling that the current bear market may be far from over, with historical patterns suggesting further downside.
A former Solana executive is introducing a new trading system designed to enhance the speed and geographic diversity of global cryptocurrency transactions, drawing inspiration from traditional finance.
Resolv and Centrifuge have partnered to introduce a $100 million tokenized credit strategy on the Aave lending protocol, marking a significant integration of traditional finance into DeFi.
Claims linking institutional trader Jane Street to a daily Bitcoin dip are being refuted by analysts, who attribute the timing to wider market sentiment and risk repricing.
Despite a significant quarterly loss, American Bitcoin saw revenue increase and bolstered its Bitcoin holdings to over 6,000 coins during the fourth quarter.
The CoinDesk 20 index experienced a 1.4% decrease, with all its constituent digital assets trading lower. Notable drops included Aptos and Aave.
Renowned on-chain investigator ZachXBT has leveled allegations of insider trading against an employee of venture capital firm Axiom. This follows similar accusations against Jane Street regarding Terra's collapse.
OKX has integrated Chainalysis's advanced compliance tools to screen cryptocurrency transactions for illicit activity before they are withdrawn, bolstering its anti-fraud defenses.
Grvt has integrated with Aave, a leading DeFi lending protocol, allowing traders to earn yield on their perpetual futures collateral. This move merges derivatives trading with income-generating opportunities within the DeFi ecosystem.
MetaMask's cryptocurrency debit card is now available across 49 US states, including New York, after extensive piloting. This partnership aims to bridge the gap between digital assets and everyday spending.
Decibel has officially launched its decentralized exchange (DEX) on the Aptos blockchain, backed by significant funding and leveraging expertise from a former Stripe executive.