Latest news from the Web3 ecosystem
Tether-backed Bit2Me has obtained an EU MiCA license and is set to expand its operations across Portugal, Italy, France, and Germany, signaling a strategic pivot towards institutional clients.
Binance has experienced a significant decrease in its stablecoin reserves, dropping by over 18% since November. This decline reflects broader trends in crypto liquidity.
The US Federal Reserve is soliciting public feedback on a proposal that may signal an end to the practice of "Operation Chokepoint 2.0," which has led to financial institutions severing ties with crypto businesses.
Michael Selig, formerly Chief Counsel for the SEC's Crypto Task Force and a Chainlink executive, has returned to the agency in a new leadership role.
Following a significant $27 million exploit in January, three Solana-based decentralized finance platforms, including Step Finance, are ceasing operations due to the inability to recover.
Exolix's upcoming initial public offering includes a significant stakeholder reward program, earmarking 20% of the company's equity for its token holders.
Anticipation is building in the crypto community as onchain investigator ZachXBT hints at an exposé concerning insider trading in a highly profitable crypto venture. This has sparked movement among traders.
Spot Bitcoin ETFs have experienced four consecutive months of net outflows, resulting in a significant reduction in held Bitcoin. This trend raises questions about current institutional demand.
Bitcoin's price trajectory is under scrutiny as several factors, including liquidity concerns and AI sector valuations, could propel BTC towards a $75,000 target.
IoTeX is offering a 10% bounty to hackers who exploited its cross-chain bridge, demanding the return of $4.4 million within 48 hours. Co-founder and CEO Raullen Chai stated he will not pursue legal action if the assets are recovered.
MicroStrategy CEO Michael Saylor addressed concerns about quantum computing's potential impact on Bitcoin's security, stating the threat is still more than a decade out.
Following a significant 46% drop in its stock value over the past year, PayPal is reportedly attracting acquisition interest from potential buyers. This comes as competitors are exploring asset sales and full acquisitions within the evolving digital payments landscape.