Robinhood, Coinbase Plunges As Binance.US Remove These Fees
Binance.US has opted not to impose any fees for spot trades of Bitcoin to US dollars and three popular stable coins, Tether, USDC, and Binance USD which saw the plunging of Coinbase and Robinhood. The Binance.US decision led to the shares of Robinhood being currently down while those of Coinbase are down by as much […]
DYDX Token Price Surges 7% On V4 Development Plan
Prominent cryptocurrency derivatives exchange, dYdX has announced that it will be developing dYdX V4 using an independent Cosmos based blockchain and the Proof-of-Stake Tendermint consensus protocol. DYDX set to support larger scale orders The dydx Exchange stated that it features a fully decentralized orderbook, off chain, and matching engine. The exchange claimed that it will […]
Citi Group Partners With METACO For Digital Assets Custody
Citi group has announced that it has partnered with Swiss crypto custody company METACO to develop and test custody tools for digital assets. Citi group to expand its digital assets capacity through collaboration Citibank has 200 million customer accounts covering 160 countries. The investment banking companies hold over $27 trillion of assets under their custody […]
Voyager Digital Threatens Three Arrows Capital Over $661 Million Loan Default
Voyager Digital stated on Wednesday that it might be necessary to send a default notice to troubled hedge fund Three Arrows Capital (3AC) about its outstanding debts. According to Voyager, its current exposure to 3AC is made up of 15,250 Bitcoin ($311 million) and $350 million worth of USDC. The firm had first asked for […]
Here’s How Circle’s USDC Outperforms Tether’s USDT
Circle’s stablecoin USDC appears to be waxing strong as it surpassed Tether’s USDT in numbers of daily transactions on Ethereum for the first time, according to Nansen. Alex Svanevik, the CEO of AI, highlighted on Twitter . This is the most recent in a series of bad events for Tether. USDT continues to lead in […]