The digital landscape is ever-changing, and the once-promising world of NFTs seems to be suffering a rapid decline, exemplified by Bybit’s recent announcement to phase out its NFT Marketplace, along with its related offerings. The decision to wind down operations by April 8 serves as a clear indicator that even established platforms can no longer
Exchanges
The recent pardoning of BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed by former President Donald Trump has stirred up a whirlwind of mixed sentiments in the crypto and financial sectors. With their pardons coming over three years after they admitted to serious violations of U.S. anti-money laundering laws, the action raises crucial questions
For years, the cryptocurrency trading landscape has been heavily dominated by centralized exchanges (CEXs) like Binance and Coinbase. With staggering trading volumes—Binance alone tallying around $17 billion daily—these platforms have become synonymous with crypto trading. Their ability to offer a curated environment for buying and selling digital assets effectively positions them as the go-to choice
In a financial landscape fraught with uncertainty, Kraken’s reported aim to raise up to $1 billion in debt stands out as a remarkable and audacious maneuver. This initiative, echoing through financial circles, involves heavyweight players like Goldman Sachs and JPMorgan, hinting at a serious strategy to bolster its coffers before a much-anticipated initial public offering
In the exhilarating yet perilous landscape of cryptocurrency, security remains the Achilles’ heel that continues to thwart even the most promising projects. As someone who views the rise of cryptocurrencies through a center-right liberal lens, it becomes increasingly troubling to observe how the systems designed for trust and decentralization often end up being riddled with
The world of digital collectibles is rapidly evolving, and APENFT exemplifies this transformation with its recent listing on Kraken, one of the most reputable cryptocurrency exchanges. This development signals more than just a new trading option; it represents a pivotal moment in the NFT landscape, drawing both institutional investors and casual traders into the fold.
In an industry often mired in complexity and limitations, the launch of PumpSwap through a collaboration between TRON DAO and pump.fun heralds a transformative shift in the decentralized finance (DeFi) landscape. This isn’t merely another launch in an already crowded market; it represents the first significant effort to streamline liquidity access and cross-chain interoperability in
In a landmark year, Crypto.com has managed to achieve a breathtaking revenue of $1.5 billion in 2024, a testament to the booming cryptocurrency market and the company’s shrewd business strategies. Under the leadership of CEO Kris Marszalek, the exchange leveraged its vast user base of 140 million to drive trading activity to astounding heights. While
The recently approved motion to restore 70 billion CRO tokens, which were previously burned in 2021, marks a striking but problematic move within the Cronos community. Fueled predominantly by Crypto.com’s persuasive lobbying, the proposal garnered 62.18% of the votes, leading to an increase in the total supply of CRO to a staggering 100 billion. This
The recent suspension of OKX’s Web3 decentralized exchange (DEX) aggregator is a stern wake-up call for the entire cryptocurrency market. Initiated on March 17, this suspension is more than just a routine regulatory compliance measure; it represents the intensifying scrutiny from European regulators amid rising concerns about digital asset misuse. The European Securities and Markets