Frax Finance Announces Fraxchain: A New Ethereum Layer 2 Solution
Frax Finance, a decentralized stablecoin protocol that issues three types of stablecoins pegged to different assets, has announced the launch of its own Ethereum layer...
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Tether (USDT) Loses Peg Amid Crypto Market Turmoil
The crypto markets are in a slump today, despite the Fed’s decision to pause its interest rate hikes yesterday. The markets were caught off guard...
How Robinhood Lost 68% of Its Crypto Volume in a Single Month
Robinhood, the popular trading app that offers commission-free trading of stocks, options, and cryptocurrencies, has seen a sharp decline in its crypto trading volume in...
Why Cardano (ADA) Grew 8% in a Day
Cardano (ADA) is one of the most popular and promising cryptocurrencies on the market. Its blockchain network offers a scalable, secure, and sustainable platform for...
Robinhood Drops Three Popular Crypto Assets Amid Regulatory Pressure
Robinhood, one of the most popular trading platforms in the US, has announced that it will not support three of the most popular cryptocurrencies: Cardano...
SEC Crackdown Sparks Mixed Reactions Among Top 10 Cryptos
The top 10 non-stablecoin cryptocurrencies by market capitalization enjoyed a minor rally after the SEC filed lawsuits against Binance and Coinbase. Bitcoin increased, and Ether...
Crypto Community Rallies Behind Stand With Crypto NFT Campaign Amid SEC Lawsuits
The cryptocurrency community is rallying behind a new initiative called Stand With Crypto, which aims to raise awareness and support for crypto projects that are...
Cumberland Profits From ETH Dips On Top Crypto Platforms After SEC Claims
Following the SEC’s lawsuits against Binance and Coinbase, two of the largest crypto exchanges in the world, market maker Cumberland withdrew a large amount of...
Crypto Exchange Gemini Enters Europe as US Tightens Cryptocurrency Regulations
Amidst an escalating regulatory crackdown on cryptocurrencies in the United States, Gemini, a well-known cryptocurrency firm, has strategically established its European operations base in Dublin,...
Crypto Assets Contract as Over $200M Outflows Recorded
CoinShares, a European cryptocurrency investment firm, disclosed on May 15 that digital asset investment products experienced a total of $54 million in outflows last week,...