Author: Mehar Nayar
OKX Halts Operations in India Due to Regulatory Hurdles
Cryptocurrency exchange OKX has communicated with its Indian user base via email, announcing the discontinuation of its services in the country. Users have been advised to initiate fund withdrawals before…
Bitcoin ETFs Experience Unprecedented $742 Million Outflows in Three Days
In a notable turn of events, spot Bitcoin ETFs have encountered their most substantial three-day withdrawal since their inception back in January. This trend stands in stark contrast to the…
Avalanche Partners with Alipay for Web3 Voucher Program
A new collaboration between Avalanche, a smart contracts platform, and the digital payments giant Alipay is set to introduce a groundbreaking Web3-enabled voucher program. Through this initiative, users participating in…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making…
Conflux Collaborates with AnchorX for Q2 Launch of HKD-Pegged Stablecoin
Conflux Network, a prominent Layer 1 blockchain project originating from China, is teaming up with fintech company AnchorX to introduce a stablecoin pegged to the Hong Kong dollar, slated for…
Robinhood Expands Crypto Wallet Access with Android Launch
Robinhood has taken a significant stride in its cryptocurrency offerings by officially launching its crypto wallet for Android users. This expansion opens up access to millions of potential crypto enthusiasts…
Grayscale Ethereum Trust Discount Narrows Amidst Dim Prospects for Spot ETF Approval
The Grayscale Ethereum Trust has seen its discount shrink to -20%, marking its lowest level since November 2023. This reduction coincides with diminishing hopes within the cryptocurrency community regarding the…
AI-Linked Tokens Surge Amid Crypto Market Volatility
Despite recent turbulence in the broader cryptocurrency landscape, major tokens associated with artificial intelligence (AI) have demonstrated significant gains over the past 24 hours. Notably, native cryptocurrencies linked to projects…
TON Foundation Launches The Open League: A $115 Million Toncoin Community Rewards Initiative
The TON Foundation, the driving force behind The Open Network (TON) blockchain, has unveiled The Open League, a pioneering community rewards program valued at over $115 million in current market…
Morph Secures $20 Million Investment to Propel Ethereum Layer 2 Development
Morph, a pioneer in Ethereum Layer 2 network solutions, has successfully raised $20 million in seed and angel funding rounds to accelerate the development of its innovative platform. Spearheaded by…
Montenegro Court Rejects Do Kwon’s Extradition Appeal
A Montenegro appeals court has upheld a prior ruling permitting the extradition of Do Kwon, the founder of Terraform Labs, to South Korea. This decision, outlined in an official notice…
Kraken Launches Institutional Custody Service in Crypto-Friendly Wyoming
Crypto exchange Kraken has introduced a new institutional custody service, leveraging its Wyoming bank charter license. Known as Kraken Institutional, the service ensures deposits are stored in segregated accounts separate…
Meld Expands Offerings: Tokenized RWAs for Retail Investors
Crypto-friendly bank Meld is gearing up to introduce a novel opportunity for retail investors: lending and borrowing against tokenized real-world assets (RWAs). In collaboration with the layer-1 blockchain of the…
Crypto Bytes: Top 10 Breaking News from Cryptoverse
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making…
BitMEX Investigates Bitcoin Flash Crash Below $9,000 as Derivatives Remain Unaffected
In a recent development on BitMEX, a crypto exchange and derivatives trading platform, Bitcoin experienced a flash crash dipping below $9,000 on its USDT spot market. However, the incident had…
Sygnum Partners with Matter Labs to Tokenize Treasury Reserves on zkSync
In a significant development, Sygnum, a digital asset bank, has collaborated with Matter Labs, the core developer of zkSync Layer 2 blockchain, to tokenize $50 million of Matter Labs’ treasury…
Grayscale’s GBTC Bitcoin ETF Records Historic Daily Outflow Amid Market Turbulence
In a significant development, Grayscale’s GBTC spot bitcoin exchange-traded fund observed an unprecedented daily outflow of $642.5 million on Monday, marking a notable increase over the previous peak recorded on…
Libre Protocol Launches for Institutional Investors, Brevan Howard and Hamilton Lane Among First Users
In a significant development for the institutional investment landscape, Libre, an institutional web3 infrastructure protocol facilitating the issuance and distribution of tokenized alternative assets, has officially launched for eligible investors…
Aavegotchi Ventures into Layer 3 Rollup with Base for Settlement
Aavegotchi, the innovative trading game inspired by 1990s Tamagotchi toys, is gearing up to venture into the world of Layer 3 rollup technology with the introduction of Gotchichain. This dedicated…
BonkBot Telegram Trading Bot Surpasses $250 Million in Daily Volume
In a significant milestone for the cryptocurrency market, the BonkBot Telegram trading bot, facilitating transactions for Solana-based meme coin BONK, has achieved a remarkable daily trading volume exceeding $250 million….