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DeFi Fumbled Its Post-FTX Advantage in 2023, but There’s Still Hope for 2024

January 16, 2024 0

Essentially, this boils down to the issue of DeFi’s poor capital and liquidity efficiency. Without getting too deep into the technical aspects, centralized order book models are infinitely more efficient than DeFi’s approach, but lack […]

Sam Reynolds
Regulation

Cantor Fitzgerald’s Howard Lutnick Addresses Questions Around Tether’s Stablecoin Assets: ‘They Have the Money’

January 16, 2024 0

When asked about a more prominent topic in crypto news currently – the approval and listing of over a dozen spot bitcoin exchange-traded funds (ETFs) – Lutnick questioned the real value of bitcoin and stablecoins […]

Ian Allison
Regulation

BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple

January 16, 2024 0

Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product. Source link

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.
Regulation

Stablecoin Issuer Tether Hits Back at UN Report Alleging Role of USDT in Illicit Activity in East Asia

January 16, 2024 0

The report by the UN Office on Drugs and Crime (UNODC) said that “Online gambling platforms, and especially those that are operating illegally, have emerged as among the most popular vehicles for cryptocurrency-based money launderers, […]

Micheal Nadeau's post on social media platform X
Regulation

Manta Pacific Replaces Coinbase’s Base as Fourth Largest Scaling Solution: L2Beat

January 16, 2024 0

L2Beat’s TVL sums the dollar value of tokens canonically bridged, externally bridged, and natively minted, while DeFiLlama, the other prominent source, only considers assets actively engaged in decentralized applications. Per DeFiLlama, Manta and Base are […]

Jamie Crawley
Regulation

TrueUSD Stablecoin (TUSD) Loses $1 Peg Amid Binance’s FDUSD Focus: Analyst

January 16, 2024 0

The spike in FDUSD volume, coinciding with TUSD’s de-pegging, suggests a transfer to FDUSD for participating in the FDUSD launch pool and joining the Binance Manta launchpad, Park explained. The launchpad is a popular service […]

Atmosphere (Shutterstock/CoinDesk)
Regulation

Bitcoin ETFs Could Receive Billions From TradFi as Alternate Asset: Arthur Hayes

January 16, 2024 0

Hayes, one of the earliest prominent bitcoin traders, said spot bitcoin exchange-traded funds (ETFs) could open up newer trading opportunities for traders as prices for the asset marked at U.S. benchmarks and the rest of […]

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.
Regulation

Binance and Gulf Innova’s Thailand Crypto Exchange Open for Trading

January 16, 2024 0

“With the full operation of Binance TH by our Thai joint venture to the general public in Thailand, we will uphold our unwavering commitment to security, transparency, and service quality. Blockchain technology and digital assets […]

New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.
Regulation

HashKey Becomes Crypto Unicorn After Closing $100M Raise

January 16, 2024 0

Operator of licensed Hong Kong exchange says raise will promote compliant, innovative global growth. Source link

Most Influential 2023 Collage
Regulation

Solana Mobile to Sell Second Crypto Smartphone: Source

January 16, 2024 0

The upcoming phone will have the same basic features as its predecessor, called Saga: an onboard crypto wallet, custom Android software and a “dApp store” for crypto applications – but at a cheaper price point […]

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