Latest news from the Web3 ecosystem
Binance CEO Changpeng Zhao has indicated potential legal recourse following recent media reports alleging the exchange mishandled sanctions compliance concerning Iranian entities and subsequently terminated employees involved in related investigations.
Bitcoin's inability to maintain crucial support levels has led to a significant downturn across the broader cryptocurrency market, impacting investor sentiment.
A significant $500 million financing agreement between Framework Ventures and Better aims to integrate cryptocurrency liquidity into the U.S. mortgage market. This initiative explores the potential for blockchain-based capital to support traditional real estate finance.
The New York Stock Exchange is investigating the integration of onchain systems, potentially revolutionizing post-trade processes with tokenized securities and continuous trading.
Stripe's dedicated stablecoin payment service, Bridge, experienced a fourfold increase in transaction volume over the past year. This growth indicates a decoupling of stablecoin utility from broader cryptocurrency market fluctuations.
Ether has fallen below the $1,800 mark, with technical and on-chain data indicating further downward pressure. Persistent outflows from Ethereum ETFs are contributing to the bearish sentiment.
Bitcoin's 'fair value' has been identified by analysts at a price point below $50,000, with a specific target of $45,000 emerging as broader market concerns mount.
Blockchain analytics firm Nansen is setting up a local entity and hiring in Bhutan's Gelephu Mindfulness City, aligning with the region's digital asset ambitions.
UK-based Smarter Group has secured a $30 million credit line from Coinbase to expedite Bitcoin purchases. This facility aims to streamline equity settlement processes, allowing for quicker Bitcoin acquisitions, especially during market volatility.
Adam Back's company, BSTR, is progressing with plans for a public listing, targeting potential approval in April. This move comes despite a challenging market environment for Bitcoin and related companies.
Binance has listed ten tokenized stocks from Ondo Finance, expanding access to real-world assets on its platform following UAE regulatory approval.
Tether-backed Oobit enhances its crypto payment services by enabling direct transfers from user wallets to local bank accounts, expanding its utility beyond everyday purchases.