Bitget Dedicates $200 Million Fund for DApps Innovation

Crypto derivatives and copy trading platform, Bitget has announced a strategic partnership with Core DAO, an organization focused on developing the Satoshi Plus ecosystem. The collaboration will see the establishment of a $200 million ecosystem fund to support the growth and development of decentralized applications (DApps). Bitget Launches $200 Million Crypto Fund The fund launch […]

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Coinbase Says UK is “Web3 Innovation Hub” After Doubting DeFi Future In US

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After Coinbase’s CEO Brian Armstrong met with Andrew Griffith, UK’s Economic Secretary and City Minister, on Monday, April 17th, his company published a statement describing the United Kingdom as a “web3 innovation hub”. In […]

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ETH Saw Little Investment Inflows Last Week Despite Shapella Upgrade

Ether (ETH), the native cryptocurrency of Ethereum, a decentralized blockchain with smart contract functionality, attracted only US$0.3 in digital asset investment product inflow last week despite the Shapella Upgrade last Wednesday. There was also “little activity” in altcoins except Polygon, which saw US$2.1 million of outflows last week. The Shapella Upgrade, also called the Shangial […]

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Bittrex Responds to SEC Lawsuit, Says Gensler on Anti-Innovation “Crusade”

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Several hours after the SEC complaint against the cryptocurrency exchange Bittrex was unveiled on Monday, April 17th, the company issued its retort to the agency’s latest action. The response expresses disappointment with the lawsuit […]

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NYDFS Adopts New Supervisory Fees Rule For Crypto Companies With Bitlicense

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a press release published on Monday, April 17th, the New York State Department of Financial Services (NYDFS) announced it has adopted new rules aimed at governing cryptocurrency companies licensed to operate in the […]

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Regulatory Crackdown on Crypto Exchanges Increases as SEC Charges Bittrex

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The US Securities and Exchange Commission (SEC) filed a lawsuit against the crypto exchange Bittrex and its co-founder for violating securities regulations. The move comes just weeks after Bittrex announced its plan to leave […]

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U.S. House Financial Services Committee Unveils Draft Stablecoin Legislation: Key Insights

Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The US House Financial Services Committee has released a draft of a new crypto regulation focused on stablecoins. The 73-page draft bill would require stablecoin providers to fully back their digital assets with reserve assets on […]

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