Gemini launches derivatives platform outside U.S amid regulation
A platform for non-US derivatives has been launched by the crypto exchange Gemini to serve customers in 29 countries and territories. Gemini’s move to relocate its business outside of the US market is a continuation of a trend among cryptocurrency businesses to look for more hospitable regulatory settings abroad. Gemini has launched Gemini Foundation, a […]
Coinbase to Stop Issuing New Loans Via Coinbase Borrow
The Coinbase Borrow service will no longer offer new loans from the US-based cryptocurrency exchange. Users in a few US jurisdictions can borrow up to $1 million in fiat money with Coinbase Borrow without having their credit checked. With an annual interest rate of 8.7%, users could pledge up to 40% of the bitcoin in […]
Chronos Becomes 8th Largest DEX with $217M TVL
Seven days after its launch on the Arbitrum blockchain, decentralized exchange (DEX) Chronos reached a new milestone, exceeding $217 million in total value locked (TVL) to become the 8th Largest DEX. According to DefiLlama, with the new TVL figures, Chronos rates eighth among the most prominent decentralized exchanges. TVL represents the funds held or staked […]
North Carolina Bill Bans Payments to the State using CBDC
The North Carolina House of Representatives has unanimously approved legislation prohibiting payments to the state using central bank digital currency (CBDC) and limiting the Federal Reserve from using the state as a potential testing ground for its CBDC pilot. On May 3, 118 members of the state legislature voted to approve House Bill 690, with […]
Earning Passive Income through Fancycrypto Cloud Mining
Fancy Crypto is a trailblazer in the world of cloud mining that has emerged as the world’s leading hashrate provider. It offers an affordable and user-friendly service that caters to both novice and experienced cryptocurrency enthusiasts. With a focus on accessibility and ease of use, you will find that the service we provide is perfect […]