Author: Cointelegraph By Ana Paula Pereira

Kraken offers stock trading as exchanges adapt to changing regulations

[ad_1] Cryptocurrency exchanges are adopting alternative strategies to conduct business in the face of tighter crypto regulatory environments worldwide. Signs are everywhere. Kraken is reportedly moving to offer securities trading in the United States and the United Kingdom to expand its reach and compete with popular apps like Robinhood, which offer both crypto and stock trading. […]

3AC’s Su Zhu arrested in Singapore

[ad_1] The co-founder of Three Arrows Capital (3AC), Su Zhu, was arrested in Singapore when attempting to leave the country, Cointelegraph has learned from Teneo, the joint liquidator of the bankrupt hedge fund.  In a statement, Teneo announced that Zhu “was apprehended at Changi Airport whilst attempting to travel out of Singapore following a committal […]

Apple, Goldman Sachs drop plans for trading app: Report

[ad_1] Apple and Goldman Sachs scrapped plans to launch an app for futures trading, CNBC reported on Sept. 19, citing people familiar with the plans.  The project had an initial rollout date for 2022, but it was put on hold last year as economic conditions deteriorated, with a rise in interest rates and inflation pressures […]

Binance.US exchange volume slumps amidst crisis

[ad_1] Trading activity on Binance.US has reached new lows in September, as the crypto exchange faces unprecedented challenges. On Sep. 16, exchange volume stood at $5.09 million on Binance.US, as reported by Amberdata on The Tie Terminal.  The lowest point for the month was on Sep. 9, when trading activity totaled $2.97 million. This is a […]

US lawmakers advance legislation blocking the digital dollar

[ad_1] The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital currency.  According to an announcement from chairman Patrick McHenry, the Committee will mark up two bills about a potential digital dollar on Sep. 20. Markups are sessions in which lawmakers discuss the […]

DeFi economic activity drops 15% in August —VanEck

[ad_1] The decentralized finance (DeFi) ecosystem has suffered more setbacks in August as on-chain economic activity dwindled. According to an analysis from investment manager firm VanEck, exchange volume declined to $52.8 billion in August, 15.5% lower than in July.  The findings are based on VanEck’s MarketVector Decentralized Finance Leaders Index (MVDFLE), which tracks the performance […]

Aave v3 fork debuts noncustodial liquidity markets on Base

[ad_1] A collaboration across decentralized finance (DeFi) developers is introducing a non-custodial liquidity markets on layer-2 network Base, promising to enable trustless smart contracts to automatically connect liquidity pools with borrowing strategies. Behind the initiative are developers from Seashell, RNG Labs, and Loreum Labs, along with advisers and collaborators from Ampleforth, Uniswap and other projects. […]

FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy

[ad_1] Bankrupt crypto exchange FTX has filed a lawsuit against cross-chain protocol LayerZero Labs, seeking to recover $21 million in funds that were allegedly illegally withdrawn prior to FTX’s shutdown in November 2022, according to court documents filed on September 9. The case traces back to transactions made from January to May 2022, between Alameda […]

G20 moves forward with international crypto framework

[ad_1] Leaders of the 20 biggest economies in the world — collectively known as G20 — are pushing for a speedy implementation of a cross-border framework for crypto assets.  According to local reports in New Delhi — where the group members are attending for a two-day summit — the framework will facilitate information exchange between […]