Author: Judith Faith

Article written by Judith Faith

A decentralized custody marketplace launches an exchange with decentralized custody

August 8, 2024 1 min read

Figure Markets, a decentralized custody marketplace for digital assets, has launched the Figure Markets Exchange, aiming to create a single platform for seamless trading across a wide range of assets. The exchange, initially launched as a US onshore exchange, plans to expand to an offshore exchange later this year. Top-tier members will benefit from being paid to trade, discounted borrow rates, and other advantages. The Figure Markets Exchange offers decentralized

Spot Bitcoin ETF trading volume surges to over $5.5 billion on August 6

August 8, 2024 1 min read

On August 6, the trading volume of Bitcoin exchange-traded funds (ETFs) increased significantly to $5.7 billion, due to increased volatility in the cryptocurrency markets. Simultaneously, Bitcoin’s price has decreased by 8% since August 4, while Ethereum has witnessed a significant 21% reduction due to the selling of hundreds of millions of dollars worth of ETH by prominent funds such as Jump Trading and Paradigm. The trading volume of Bitcoin ETF

Bitcoin Drops to $49K as Investors Flee Risky Assets

August 5, 2024 1 min read

The price of Bitcoin (BTC) fell below $50,000. It then rose above $53,000, which is the lowest level since the middle of February. Following a four-day drop, the world’s biggest crypto fell to as low as $49,112, according to data from TradingView. This means BTC fell by over 28% in the last 7 days Ether (ETH), the Ethereum blockchain’s native currency, dropped to as low as $2,060, the lowest level

Donald Trump’s campaign raises $25 million through crypto donations

August 1, 2024 1 min read

The Bitcoin Conference 2024 concluded with former President Donald Trump gaining attention for his increasingly crypto-friendly stance. Trump’s campaign launched a fundraising page on May 21st, allowing contributions via crypto through Coinbase Commerce. During his keynote speech at the conference in Nashville, Tennessee, Trump revealed that his campaign has successfully raised $25 million since opening up to crypto donations. He expressed pride in being the first major party nominee in

The CFTC has secures a $31 million fine against Abner Tinoco and his company

July 29, 2024 1 min read

Abner Tinoco and his company, Kikit & Mess Investments, LLC, have been fined $31 million by the Commodity Futures Trading Commission (CFTC) of the United States of America for committing a significant violation of crypto regulations. A civil enforcement lawsuit was filed by the Commodity Futures Trading Commission (CFTC) in October 2021, claiming Tinoco and Kikit & Mess Investments committed fraud and misappropriating more than $3.9 million from 61 different

This Financial Service Company Introduces a $2 Billion Bitcoin Lending Program

July 28, 2024 1 min read

During the Bitcoin 2024 conference, Howard Lutnick, a millionaire and the Chairman and CEO of Cantor Fitzgerald, a financial services company, unveiled the introduction of a Bitcoin lending initiative. The corporation publicly disclosed its Bitcoin holdings and advocated for the legalization of Bitcoin in the United States. Lutnick emphasized the company’s substantial holdings of BTC and his steadfast backing of the cryptocurrency community. He engaged in discussions regarding the 9/11

Why Ripple (XRP) Could Be Massively Undervalued

July 26, 2024 1 min read

Linda P. Jones, a former financial expert on Wall Street and author of “3 Steps to Quantum Wealth: The Wealth Heiress’ Guide to Financial Freedom by Investing in Cryptocurrencies,” expressed her optimistic view on Ripple, highlighting its pricing in comparison to Coinbase and the potential of XRP. Jones observed that Ripple’s (XRP) present valuation on the Linqto investing platform stands at $7.5 billion, which is lower than its estimations of

bitFlyer acquires 100% of FTX Japan shares and will rebrand the platform

July 26, 2024 1 min read

bitFlyer Holdings, a Japanese crypto exchange, has successfully acquired FTX crypto exchange Japan, thereby establishing it as a fully-owned subsidiary of the firm. On July 26, the exchange based in Tokyo declared the acquisition, affirming that it had obtained all of the remaining shares of FTX Japan. By August 26, 2024, BitFlyer will rename FTX Japan and introduce a new crypto custody firm that provides sophisticated security services to institutional

The Grayscale Ethereum Trust (ETHE) has lost more than $800 million

July 25, 2024 1 min read

The introduction of Ethereum ETFs in the US market has resulted in substantial market changes, with the Grayscale Ethereum Trust (ETHE) losing more than $800 million since its establishment. The inherent unpredictability and intricate nature of crypto ETF launch events resulted in a significant withdrawal of $26.7 million over two days, causing a sharp decline in the price of Ethereum. Although Fidelity’s Ethereum ETF received an investment of $74.5 million

Bybit launches Spot Liquidity Pairing Program to enhance liquidity for projects

July 25, 2024 1 min read

Bybit crypto exchange has introduced its Spot Liquidity Pairing Program. This program aims to link reputable market makers with projects that require enhanced liquidity. The program’s objective is to offer liquidity providers substantial prospects for cooperation and exposure. Bybit will prominently showcase Premium Liquidity Providers in its recommendation list for projects, fostering robust collaborations and drawing in a greater number of potential projects to the platform. Bybit has announced the

Bitstamp plans to distribute Mt. Gox Bitcoin and Bitcoin Cash on July 25

July 24, 2024 1 min read

Bitstamp exchange has received a transfer of Bitcoin (BTC) from defunct crypto exchange Mt. Gox and will commence the process of distributing it to creditors on Thursday. The exchange also holds Bitcoin Cash obtained from the Mt. Gox trustee. This occurs ten years after the Bitcoin exchange crumbled due to a significant hacking event. Former users of the now-closed cryptocurrency exchange can now retrieve their digital possessions. The exchange has

Toyota plans to incorporate Ethereum blockchain technology into its vehicles

July 24, 2024 0 mins read

Toyota is looking into incorporating Ethereum blockchain technology into its vehicles. This could potentially revolutionize car management and functionality. In addition, Toyota proposes a “Movement Oriented Account” (MOA) built on the Ethereum ERC-4337 standard. This standard allows secure account management even if the private key is lost. The MOA development is seen as a stepping stone towards fully autonomous driving in the future. Secure and reliable account management is crucial