Coinbase Launches Crypto Futures for US Retail Customers
Coinbase has announced that it will offer crypto futures trading for eligible retail customers in the country. The new service will allow users to trade futures contracts sized at 1/100th of a Bitcoin and 1/10th of an Ethereum, making them more accessible and affordable. However, Coinbase also warns users of the risks involved in trading […]
Circle to Close Consumer Accounts By the End of November
Circle, the issuer of the USDC stablecoin, has announced that it will phase out support for individual or consumer accounts by the end of November. The move has sparked debate among crypto enthusiasts as Circle faces regulatory challenges from the SEC over the status of stablecoins. On October 31st, a crypto user named Evanss posted […]
Galxe AI: Web3 Chatbot Powered by OpenAI’s GPT-3.5 Turbo
Web3 community Galxe has announced the launch of Galxe AI, a chatbot that uses OpenAI’s GPT-3.5 Turbo model to help users explore Web3 projects and NFTs. Galxe AI will be integrated into the Galxe platform, which offers loyalty programs and growth campaigns for Web3 brands. About Galxe Galxe is a blockchain-based site that gives businesses […]
FTX-linked Wallet Fails to Unstake $58 Million in Solana
A wallet labeled FTX Cold Storage 2 has failed to unstake 1.6 million Solana (SOL) tokens worth $58.76 million, according to blockchain data. The funds remain locked in the staking account, adding to the chaos caused by FTX’s collapse. An attempted unstaking of 1.6 million Solana (SOL) tokens worth $58.76 million from a wallet linked […]
Kasikorn Bank Buys Crypto Platform Satang for $102.8 Million
Kasikorn Bank, one of Thailand’s largest banks, has bought a majority stake in Satang Corporation, a digital asset exchange and service provider, for $102.8 million. Thailand’s fourth-largest bank, Kasikorn Bank, has made a substantial move in the cryptocurrency realm, acquiring a 97% stake in Satang Corporation Company Limited for 3.705 billion Thai baht ($102.8 million) […]