Thursday, May 2, 2024

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These Two Firms Want to Upgrade Crypto Infrastructure for Banks and Exchanges

Custody tech provider METACO and forex trading platform Cobalt have teamed up in a bid to rewire the financial system to handle cryptocurrency.

Bullish Bitcoin Fundamentals Point to Renewed Price Rally Ahead

Analysts cautioned that a stronger dollar could play spoilsport to any new push higher.

Gemini Partners With Crypto Lender Genesis to Offer 7.4% Yield on Customer Deposits

The product is part of Gemini’s attempt to bring in new crypto investors with bank-like products.

China’s 500.com to Purchase Another $8.5M-Worth of Bitcoin Miners

The NYSE-listed lottery firm may also acquire another 10,000 miners this year.

Malaysia Pair Face Caning for Alleged $37K Bitcoin Fraud

If convicted, the two men face a maximum of 10 years in prison, caning and fines.

Ether Cryptocurrency Nears Record High Amid WSB Trading Buzz

Analysts say the trading movement started by WallStreetBets may boost adoption of ether and other cryptocurrencies.

Robinhood CEO May Testify Before US House Committee Over GameStop Allegations

Vlad Tenev will likely appear before a U.S. virtual hearing as lawmakers investigate the firm's recent trading restrictions, a Politico report says.

21Shares Launching First Polkadot ETP on SIX Exchange

The Polkadot ETP (PDOT) will list on the Swiss SIX Exchange on Thursday.

SEC Charges Three of Stealing $11.4M Through Token Backed by Actor Steven Seagal

The Bitcoiin2Gen trio allegedly bilked investors through false statements and celebrity crypto endorsements.

Market Wrap: Bitcoin Trading Tepidly at $33.7K While SushiSwap Eats Raw Market Share

The investor spotlight is now shining on DeFi tokens and trading.

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