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Bybit to end multiple Web3 services in strategic pivot
Crypto exchange Bybit announced that it will discontinue a wide range of its Wweb3 products and services by the end of May, according to an April 16 notice. The exchange […]
OKX relaunches in US with new trading platform and Web3 wallet after major legal settlement
Crypto exchange OKX has officially relaunched its operations in the United States, introducing a centralized trading platform, a new Web3 wallet, and a fresh leadership team, according to an April […]
AWS outage exposes crypto industry’s vulnerability to centralized infrastructure
Amazon Web Services (AWS) experienced a temporary outage on April 15 that disrupted several major crypto platforms and reignited concerns over the industry’s dependence on centralized infrastructure. On Social media […]
SEC concludes review of Coinbase disclosures after over 2 years, no amendments required
The Securities and Exchange Commission has concluded its multi-year review of Coinbase’s financial disclosures without requiring any amendments or restatements, according to a letter released by the agency and shared […]
South Korea cracks down on 14 unregistered crypto exchanges on Apple’s App Store
South Korea’s Financial Intelligence Unit (FIU) has taken fresh action against offshore crypto exchanges operating without regulatory approval. In a new directive issued on April 14, the agency asked Apple […]
MiCA’s first 100 days leave most crypto firms behind, here’s who qualified
One hundred days after the Markets in Crypto-Assets (MiCA) framework took effect, most of the crypto industry is still racing to catch up. On April 14, Circle’s executive Patrick Hansen, […]
Kraken expands beyond crypto, launches stock trading in the US
Kraken is expanding into traditional finance by launching access to over 11,000 US-listed stocks and exchange-traded funds (ETFs), according to an April 14 statement. The crypto trading firm revealed that […]
OM token crashes over 90%, Mantra blames centralized exchanges
The OM token, native to the Mantra blockchain, suffered a severe market crash on April 13, dropping from around $6.30 to below $0.50 within a single day. According to CryptoSlate’s […]
Mantra’s OM token crash saw 7,000% surge in derivatives trading amid market chaos
The sudden collapse of MANTRA’s OM token has sent shockwaves through the crypto market but drove its derivatives trading volume up by an eye-popping 7,000% in just 24 hours. Data […]
Standard Chartered, OKX, Franklin Templeton launch trading platform pilot with tokenized fund collateral
Standard Chartered, OKX, and Franklin Templeton launched a pilot trading platform designed to enable institutional clients to use crypto and tokenized money market funds as collateral in off-exchange transactions, according […]