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Weekly overview

Court orders BitMEX founders to pay $30M civil penalty

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

The three co-founders have been ordered to pay hefty fines for what the CFTC calls their involvement in serious violations of regulations and the Commodity Exchange Act. The U.S. District…

Continue ReadingCourt orders BitMEX founders to pay $30M civil penalty

Tumbleweeds blow through Coinbase NFT on its first day: Just $75K in volume

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

After almost seven months and over 8.4 million emails on the waitlist Coinbase opened its NFT marketplace to the public but only recorded 150 transactions on the big day. Coinbase,…

Continue ReadingTumbleweeds blow through Coinbase NFT on its first day: Just $75K in volume

Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

The total value locked on Vector Finance hit a new high after the protocol integrated multiple stablecoins in the Avalanche ecosystem in order to become the network's largest liquidity hub.…

Continue ReadingVector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche

GameFi News: Tilting Point partners with Polygon Studios, and LootRush raises $12M

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

Catch up on the latest funding and partnership news about GameFi and web3 gaming. This week Cointelegraph covers LootRush, Axie Infinity and Polygon Studios. SpongeBob and Warhammer mobile game scores…

Continue ReadingGameFi News: Tilting Point partners with Polygon Studios, and LootRush raises $12M

Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

BTC and ETH price imploded toward swing lows as the Dow tumbled by 1,000 points and the Nasdaq lost 5%, marking the worst trading day for stocks since 2020. Global…

Continue ReadingBitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020

El Salvador’s central bank accepts Qredo’s registration to provide crypto services

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

Registered Bitcoin service providers in El Salvador include Chivo, the firm behind the state-issued crypto wallets and kiosks, Paxos Trust Company, Paxful and OpenNode. Decentralized finance firm Qredo has received…

Continue ReadingEl Salvador’s central bank accepts Qredo’s registration to provide crypto services

CFTC commissioner appoints crypto-experienced CME Group director as chief counsel

  • Post author:admin
  • Post published:May 6, 2022
  • Post category:Weekly overview

During his time at the CME Group, Bruce Fekrat regulated crypto reference rates and helped in the development of financial products, including BTC and ETH derivatives. Kristin Johnson, one of…

Continue ReadingCFTC commissioner appoints crypto-experienced CME Group director as chief counsel
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