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July 21, 2023

Large Crypto Token Unlocks Drive Prices Lower Within Two Weeks, Research Suggests

Unlocks that free up large amount of liquidity relative to average daily trading volume yield a deeper decline in the token’s price within two weeks after the event, research by The Tie shows.

News
July 21, 2023

Wholesale CBDC Would Improve Cross-Border Payments, French Central Bank Tests Show

The French Central Bank has determined that its wholesale central bank digital currency (wCBDC) would improve cross-border payments, it announced on Friday.

News
July 21, 2023

Indonesia’s New Crypto Exchange Opens After Long Delays

The long-awaited Nasdaq-style national bourse for crypto has been operational since July 17, according to an official announcement from Thursday.

News
July 21, 2023

Wormhole Launches New Blockchain Connecting to Any Cosmos Appchain

The Wormhole Gateway is designed to make it easier for developers and users to on-ramp liquidity into the Cosmos ecosystem.

News
July 21, 2023

ProShares Says Bitcoin ETF Has Matched BTC Price Closely, ‘Roll Cost’ Concerns Are Unwarranted

Interest on the ETF’s cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low tracking error, the firm said.

News
July 20, 2023

Why Nasdaq Backing Out of Custody Is Bad, Bad News for Crypto

If a financial giant can’t navigate the red tape, who can?

News
July 20, 2023

MakerDAO Votes to Halt Lending to Tokenized Credit Pool After $2M Loan Default

The embattled Harbour Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.

News
July 20, 2023

UK’s FCA Is Designing Prudential Requirements for Firms Carrying Out Crypto Activities

The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.

News
July 20, 2023

FTX Users Potentially Targeted in Possible Phishing Attack as Bankruptcy Claims Deadline Nears

Multiple FTX users have received a “reset password” request from the defunct exchange’s official email address as it appears a hacker is attempting to secure control of user’s bankruptcy claims.

News
July 20, 2023

Fed Dramatically Speeds Up U.S. Payments With ‘FedNow’ Service, but Downplays Any Tie to CBDCs

Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar.

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