Defi

Explore the latest developments in the separation of cryptocurrency media Bankless from BanklessDAO amid controversy and community criticism.

The Monetary Authority of Singapore (MAS) has embarked on an ambitious journey towards the digital future of finance. In a groundbreaking announcement at the Singapore Fintech Festival, MAS Managing Director Ravi Menon unveiled a pilot program that could revolutionize the way local banks settle payments. The central bank of Singapore is set to trial a live wholesale Central Bank Digital Currency (CBDC) denominated in Singapore dollars, aiming to streamline and enhance the settlement process for financial institutions.

The blockchain world is no stranger to innovation, and Ethereum's ERC-4337 smart accounts were heralded as the next big thing. However, recent figures reveal a sobering reality - the adoption of ERC-4337 has fallen far short of expectations.

In an era where financial markets are ever-evolving, Robinhood, the renowned commission-free trading platform, is making headlines with its ambitious plans to expand its footprint across the European market. This strategic move was unveiled alongside Robinhood's Q3 financial results, which indicated a revenue miss. While the platform reported a net revenue of $467 million, slightly below analysts' expectations, it's essential to delve deeper into the intricacies of this expansion and its implications for both the platform and the European trading landscape.

In the ever-evolving world of cryptocurrency, Hong Kong is making waves with its reported consideration of launching a spot cryptocurrency exchange-traded fund (ETF). This development has sent ripples of excitement throughout the cryptocurrency community, particularly as it unfolds amid the backdrop of regulatory challenges faced by similar products in the United States. In this article, we delve into the implications of Hong Kong's potential entry into the world of spot crypto ETFs, exploring its potential significance in the global economic landscape and its potential impact on the cryptocurrency market.

In the heart of the Southern District Court of New York, a legal drama has been unfolding since October 3rd, 2023, as federal prosecutors present their case against cryptocurrency luminary Sam "SBF" Bankman-Fried. The accusations are serious and center around Bankman-Fried's alleged use of customer funds in the acquisition of Binance's $2 billion stake in FTX back in 2021. This article delves deep into the intricacies of the trial, shedding light on the claims and defenses put forth, and the potential implications for the crypto industry.

In the ever-evolving landscape of blockchain technology, recent developments in the world of Avalanche (AVAX) have stirred quite a buzz. Snowtrace.io, a popular blockchain explorer tool catering to AVAX users, has announced its imminent shutdown. However, this isn't just a routine closure – it's a decision born out of controversy surrounding the fees imposed by Etherscan's Explorer-as-a-Service (EaaS) toolkit. In this article, we dive deep into the details of this unfolding story.

The listing of BlackRock's iShares spot Bitcoin ETF on DTCC marks a significant milestone in the ever-evolving relationship between traditional financial institutions and the world of digital assets. As regulatory bodies like the SEC continue to adapt and evolve their stance on cryptocurrency-related offerings, the financial landscape is set to witness a profound transformation.

Explore the high-stakes FTX trial as Nishad Singh's testimony reveals memory gaps and a staggering $8 billion software bug. Dive into the crypto world's legal drama with implications for the industry's future.