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News
Institutions Now Drive 72% of Crypto’s OTC Flow, Wintermute Data Shows
15+ min ago (23+ words) Cryptonews.net Institutions Now Drive 72% of Crypto’s OTC Flow, Wintermute Data Shows...
Cardano and Injective Connect Through IBC
1+ hour, 15+ min ago (138+ words) Cryptonews.net Cardano and Injective Connect Through IBC The Cardano Foundation and Injective have announced an IBC connection between their networks. The integration currently works between Cardano Preprod and Injective Testnet, allowing test $ADA to move between the two ecosystems....
Nearly 3 in 4 Tokens That Ever Cracked Crypto’s Top 100 Are Operationally Dead
30+ min ago (29+ words) Cryptonews.net Nearly 3 in 4 Tokens That Ever Cracked Crypto’s Top 100 Are Operationally Dead...
Bernstein Holds $32 Price Target on Cipher Digital Despite Wider Q2 Loss and Stock Decline
41+ min ago (239+ words) Bernstein analysts have maintained an outperform rating on Bitcoin miner Cipher Digital, keeping a price target of $32 per share even after the company’s stock fell 15.7% following the disclosure of a wider second-quarter loss. The research firm noted that the three…...
Coinbase Announced It Has Delisted 6 Altcoin Trading Pairs
51+ min ago (171+ words) Coinbase, the largest cryptocurrency exchange in the US, announced it will delist six trading pairs to improve market health and concentrate liquidity in a smaller number of trading pairs. No further details were shared regarding the reasons for the delisting....
Boerse Stuttgart Digital, Tradias close European crypto merger
1+ hour, 15+ min ago (155+ words) Boerse Stuttgart Digital and institutional crypto trading firm Tradias have completed their merger after clearing the required ownership control procedure, creating a combined digital asset infrastructure unit with about 300 employees. The transaction was first announced in February, when the companies…...
Binance sues RedotPay over alleged $473 million user losses: Report
1+ hour, 15+ min ago (252+ words) Binance-affiliated companies have sued the founders of Hong Kong-based cryptocurrency payments company RedotPay, alleging they diverted more than 470,000 users from Binance Card in breach of their commercial agreement. The plaintiffs seek nearly $473 million in damages, alleging the conduct contributed to…...
Proof of Play to shut down after blockchain gaming thesis falls short
1+ hour, 15+ min ago (158+ words) Blockchain game developer Proof of Play will cease operations after failing to build a sustainable business around its decentralized gaming thesis. The a16z-backed studio said Tuesday it could not develop a product that proved blockchain-based games could help usher in…...
Ondo Finance hires former Blockchain.com CFO Adam Schlisman
3+ hour, 21+ min ago (203+ words) Ondo Finance has appointed former Blockchain.com executive Adam Schlisman as chief financial officer as the tokenized-assets firm expands its finance operations amid growing adoption of onchain capital markets, the company said in a press release on Wednesday. Schlisman joins…...
Noumura’s Laser Digital backs ZIGChain for onchain private credit push in UAE
3+ hour, 21+ min ago (419+ words) Laser Digital, the digital assets arm of the Japanese financial services firm Nomura Group, has made a strategic investment in ZIGChain, a UAE-based Layer1 blockchain that also works with Standard Chartered and cryptocurrency-friendly fund servicing giant Apex Group. The exact size…...