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Binance Announces Exit from Canada, Citing Regulatory Tensions
The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit. Source
U.S. House Republicans Push for Crypto Oversight With Bill to Make SEC Play Ball
But as a product of negotiations between Rep. Patrick McHenry (R-N.C.), the chair of the financial panel, and Rep. Glenn “GT” Thompson (R-Pa.), th
TRAVEL GUIDES
Apple’s outside payments ban upheld as unlawful in likely win for NFTs and crypto
A California court ruled Apple violated state competition laws by barring app developers from using alternative in-app payment methods apart from its own that included a 30% commission. The decision may clear the path for cryptocurrency and nonfungib
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Pepe’s market cap sinks $1B in 5 days, some whales are still buying
The market cap of new memecoin Pepe (PEPE) has fallen $1.1 billion from its May 6 peak, though on-chain data shows it’s still being bought by some crypto whales. Over the last five days, the price of the memecoin has plummeted more than 56% falling from a peak of $0.00000431 to $0.00000193, according to CoinGecko.
Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains
The version 3 (v3) concentrated liquidity pools will become available on popular chains, including Ethereum, Arbitrum and Polygon, BSC and Avalanche.
Mauritius planning to launch pilot project for retail digital rupee late this year
Mauritius plans to launch the pilot phase of a digital rupee in November, Bank of Mauritius governor Harvesh Kumar Seegolam announced. Many of the par
First Mover Asia: Bitcoin Market Cap Is Surging, But a Retreat from $30K Continues
The West dominates the top 10 rankings of the most innovative economies as measured by the Global Innovation Index, including Switzerland, the United
CoinShares posts highest quarterly earnings since Q1 2022
Cryptocurrency investment group CoinShares recently published its Q1 earnings report for 2023 amid what it’s calling a “return to profitability.
Robinhood’s Crypto Revenue Down 30% Year-Over-Year in Q1
Online trading platform Robinhood (HOOD) reported cryptocurrency trading revenue of $38 million for Q1 2023, a decline of around 30% compared to $54 m
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Sustainable Bitcoin Protocol Piloting a Waste Gas Methodology With Miner Crusoe Energy
Ensuring that this gas would otherwise be flared, adding onto greenhouse gases, is key to the methodology. SBP wants to “ensure that using this
Crypto Industry Asks UK to Think Globally as Government Closes Consultation on Proposed Rules
When constructing a market abuse regime, the U.K. needs to ensure what it sets out is compatible with other jurisdictions that host global crypto comp
Galaxy Executed its First OTC Options Trade as Demand for On-Chain Options Ramps Up
The ability to trade bilateral options tied to cryptocurrencies with Galaxy removes credit risk, which is normally associated with traditional OTC opt
Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven
The California-based regional lender is weighing strategic options, according to Bloomberg. Source
Montenegro High Court Says No Bail for Terra’s Do Kwon in Fake Passport Case: Bloomberg
Prosecution appealed a previous decision by a lower court in the country to let the disgraced founder go free while he faced trial. Source #Montenegro
Bybit to introduce mandatory KYC requirements starting May 8
Starting May 8, Know Your Customer (KYC) identity verification will be mandatory for all products and services offered by cryptocurrency exchange Bybi
In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months
The data shows that in the past thirty days, Bitcoin NFTs have grossed about $167 million, which is several figures shy of Ethereum’s near-$397 mill
Coinbase’s Base network gets OpenZeppelin security integration
The OpenZeppelin Defender smart contract security platform has now integrated with Coinbase’s Base network, allowing Web3 app developers on Base to
DEX Merlin and CertiK Plan to Compensate $2M to Users Impacted in Rugpull
A rogue developer behind the hyped launch allegedly conducted the rugpull on Wednesday. Source
Blockchain Developer Platform Alchemy Launches Public Support for ZK Rollup StarkNet
“Native AA unlocks a ton of flexibility and room for innovation for wallet UX,” Alex Miao, a software engineer at Alchemy, told CoinDesk in an ema