CoinFLEX is moving quickly to retrieve as much liquidity as it can from a debacle that has left it $84 million short due to a delinquent account held by an unnamed whale. Source …
Binance gets VASP registration for its Spanish subsidiary from the Bank of Spain
Changpeng Zhao, CEO of Binance, said that compliance with regulation is crucial to the broader adoption of crypto. Source …
Sepolia testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’
Merge trials on testnets are essential to allow Ethereum developers and independent project developers to understand what they can expect when the actual Merge takes place. Source …
MakerDAO voting on collaborating with a traditional bank
The Maker Protocol could extend yet another arm into the traditional finance space if a proposed integration with a Pennsylvania-based bank passes this week. Source …
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Indian crypto trading volumes slump following hefty taxes
Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to plummet. Source …
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The development of blockchain industry and how to defend against attacks on DeFi
The DeFi market is a highly promising venture where the main struggling issue is a lack of qualified blockchain developers. Source …
Worst quarter in 11 years as Bitcoin price and activity plunge
Quarterly returns on Bitcoin haven’t been this bad since it was trading under $20 in the early days of Mt. Gox, but the stock market isn’t faring so hot either. Source …
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