The Australian Securities and Investments Commission (ASIC) has initiated civil penalty proceedings against Bit Trade Pty Ltd, responsible for providing the Kraken crypto exchange services in Australia. The regulatory body accuses Bit Trade of not adhering to the design and distribution obligations for its margin trading product offered to Australian […]

Ethereum’s price may have been dealt a massive blow as a research report on the Ethereum valuation has revealed that the cryptocurrency giant has been trading below its fair price. Ethereum Trading Value Slips A new on-chain research report has delved deep into the fair value of the Ethereum cryptocurrency […]

A group of decentralized finance (DeFi) protocols have teamed up to solve liquidity problems in the Cosmos ecosystem. The teams involved include cross-chain bridging protocol Wormhole, liquidity aggregator Swing, lending protocol Tashi, and Cosmos network Evmos.  According to statements from two of the teams involved, Wormhole will register five new […]

On the back of its partial victory against the US Securities and Exchange Commission (SEC), Grayscale has applied to the Commission for another Ethereum Futures Exchange-Traded Fund (ETF). Why Another ETH Futures ETF? According to a report by the Wall Street Journal (WSJ), Grayscale Investments filed this application on September […]

Bitcoin might not be able to observe any extended runs of bullish momentum until this on-chain indicator reverses its trend. Stablecoin Whale Supply Has Dropped To Lowest In Six Months During the past few days, Bitcoin has registered some rise and has managed to breach the $27,000 level. The asset […]

Stanford University has announced plans to return all funds it received from the now-defunct cryptocurrency exchange FTX. The millions of dollars in gifts were allegedly masterminded by Sam Bankman-Fried’s parents, Joseph and Barbra, who are professors at Stanford Law School. Why Stanford Is Returning Donations From FTX Stanford is set […]

Singapore, Singapore, September 20th, 2023, Chainwire Registration is now open for a global hackathon with $200,000 in prizes across five tracks. The Algorand Foundation, the organization focused on growing the ecosystem for the world’s most advanced, secure and reliable layer-1 blockchain, announces the opening of registration for Build-A-Bull, a global virtual hackathon […]

Wormhole has integrated Circle’s Cross-Chain Transfer Protocol (CCTP), allowing USD Coin (USDC) to be transferred between Ethereum, Avalanche, Arbitrum and Optimism via Wormhole-based bridges, according to a Sept. 20 announcement. The new feature is available to end-users via the Portal bridge, and developers can integrate it into their own apps […]

Binance CEO Changpeng Zhao has disputed a recent report that claimed the executive took a $250-million loan from BAM Management, a firm that acts as Binance.US’ holding company. On Sept. 19, a report from the media outlet Decrypt interpreted court documents related to a lawsuit between Binance and the United […]

On-chain data suggests that Bitcoin (BTC) holders are accumulating BTC with exchange holdings down to yearly lows and the percentage of inactive BTC supply at all-time highs. According to Glassnode’s Bitcoin supply last active chart, inactive BTC that has not moved from an address for more than one-, three- and […]