Derivatives
Analysis
Crypto hedge funds are bullish on Bitcoin and knee-deep in DeFi
PwC's research shows the number of crypto-focused hedge funds has risen to 300 despite the volatility in the market.
NFTs
BAYC founders call Nazi conspiracy video ‘crazy disinformation campaign’
Founders of the BAYC said that the video released by investigative YouTuber Phillip Rusnack was a ridiculous conspiracy theory used to sell knockoff NFTs.
Exchanges
Bybit, KuCoin each fined more than C$2 million in Canada for securities compliance failures
Ontario's market regulator has fined Bybit and KuCoin for operating unregistered trading platforms in the state.
NFTs
Uniswap Labs acquires Genie to integrate NFTs into its products
The company said that the acquisition of Genie, the first NFT marketplace aggregator, will enable it to integrate NFTs into its own products and enable users to buy and sell NFTs through Uniswap.
Exchanges
Voyager secures $200M, 15K BTC loan from Alameda Research to safeguard against 3AC default
Crypto platform Voyager has secured 15,000 BTC and $200 million in cash and USDC from Alameda Ventures to mitigate its $612 million exposure to the possibly illiquid Three Arrow Capital.
Exchanges
Crypto.com secures regulatory approval to set up shop in Singapore
The platform received in-principle approval for the country's digital payment token (DPT) license, which will enable in to offer a range of payment services to customers in Singapore.
DeFi
What’s going on with Bancor?
One of the biggest DeFi protocols on the market has paused its impermanent loss protection, sparking rumors of a liquidity crisis. The Bancor team talked to CryptoSlate about what caused the decision to halt ILP and the steps the protocol is taking to prevent these problems in the future.
Web3
Web3 browsers are a gateway to the decentralized world
Jorgen Arnesen, the VP of Web 3 at Opera, talked to CryptoSlate about Web3 browsers, how they compare to their Web2 equivalent, and where Opera stands in this fast-growing market segment.
DeFi
Venus Protocol: Bringing DeFi to the masses
The first algorithmic money maker on BNB Chain wants to make DeFi mainstream — and it's on the road to get there.
DeFi
Celsius races to add more collateral to Maker as threat of liquidation looms
Celsius deposited 2,000 WBTC to their collateral throughout the night in an attempt to gain more breathing room before their $534 million Maker vault becomes vulnerable to liquidation.
Exchanges
Binance temporarily suspends Bitcoin withdrawals
The exchange said that a stuck on-chain transaction was causing a backlog but that BTC withdrawals are still possible on other networks.
Regulation
Terra investors file a class action lawsuit against Binance.US
The lawsuit states that Binance U.S. failed to comply with federal and securities laws by advertising UST as a safe, fiat-backed stablecoin.
