Crypto news

The collapse of FTX in November might have played a major role in the decision of Gemini to foray into derivatives trading. A new report from The Information suggests that Gemini will soon launch an international cryptocurrency derivatives exchange. According to the report, Gemini has been silently working behind the scenes in the past few months to bring the plan to fruition. As part of its efforts, the exchange has reportedly reached out to several firms that can provide it with enough...

Amid the tightening of regulatory rules in Canada, crypto exchanges are contemplating whether to continue their operations or exit from the country. Similar to the United States, regulators in Canada have been tightening their grip on crypto firms operating in the region. Amid this intense regulatory environment, several exchanges have planned to move out of the country. However, crypto exchange Coinbase would prefer to continue its operation in Canada. A person familiar with the matter...

New York-based YES Network recently introduced a streaming option for non-cable viewers to access live Yankees games.  YES Network has launched a streaming service that allows non-cable subscribers to view live New York Yankees games. The YES Network streaming service will cost $24.99 every month or $239.99 annually. However, the service also has a promotional offer of $19.99 per month, or $199.99 annually, for subscriptions before April 30th. This promotional run expires at the end of the...

According to reports, the Warner Music layoff will not impact initiatives central to the company’s future, including Web3 and AI.  Despite firing 270 employees on Wednesday, Warner Music Group’s layoff will likely spare staff in the company’s Web3 and AI-focused endeavors. The record label considers these emerging tech initiatives central to its future and intends to keep them around much longer. In a company memo detailing the layoff, Warner Music told staff that it was reallocating...

Each of four Warhol’s prints will be accessible as shares in the form of security tokens. Tokenized versions of some of the artworks of Andy Warhol are set to launch on a new fine platform known as Freeport. This follows after the blockchain-based art-focused platform recently bagged approval from the US Securities and Exchange Commission (SEC).  Freeport was recently looking to complete its Reg A review and its efforts finally paid off on Wednesday. This simply implies that Freeport is...

Vom kleinen Verkaufsladen zur modernen Unternehmung: Die erfolgreiche Geschichte des Schweizer Familienunternehmens Lehner Versand. Und nich nur das, der Lehner Versand war einer der ersten Online Shops der Schweiz, der auf Bitcoin setzte. Seit mehr als 6 Jahren akzeptiert dieser Online Shop Digitale Währungen wie Bitcoin. Seit über 30 Jahren ist die Lehner Versand AG fester Bestandteil des Gewerbes rund um den Sempachersee. In den vergangenen...

EOS price started a fresh increase from the $1.06 support against the US Dollar. The price is now trading above $1.12 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1.15 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $1.20 and $1.232 resistance levels. EOS price is rising above $1.12 against the US Dollar, similar to bitcoin. The...

Litecoin started a steady increase above $85 against the US Dollar. LTC price is now trading above $88 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance at $92 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $92 and $95 resistance levels. Litecoin price is showing positive signs above $85 against the US Dollar, similar to bitcoin. LTC price could...

Starting this weekend, the Kraken logo will be exposed to millions of users thanks to the exchange’s partnership with the famous Formula 1 racing team, Williams Racing. On March 28th, Kraken, one of the largest cryptocurrency exchanges worldwide, announced the signing of a sponsorship agreement with Williams Racing, considered one of the four top Formula 1 teams, alongside Ferrari, McLaren, and Mercedes. According to Kraken’s statement, this is the exchange’s first...

Buried in a mountain of charges from the Justice Department, Former FTX CEO Sam Bankman-Fried (SBF) is reportedly paying his legal fees with money gifted to his father that was initially borrowed from his trading firm, Alameda Research.  The multi-million dollar revelation comes after Bankman-Fried claimed in late November that he had just $100,000 left in his bank account.  SBF’s Legal Defense Fund In a report published on Tuesday, Forbes claimed to have received information...