Regulation
DeFi
Abracadabra Finance’s MIM stablecoin falls from peg after $6.5M hack
The total value of assets locked on Abracadabra has tanked by more than $10 million following the incident.
Exchanges
Binance allows customers to custody trading collateral off exchange as market share recovers
Binance believes that this solution would paves the way for greater adoption amongst institutional investors.
ETF
Fidelity inflows smash Grayscale outflows as $255 million Bitcoin enters US market
Grayscale retains liquidity lead in crypto ETF space despite declining outflows
Mining
Bitcoin miner GRIID debuts on Nasdaq under ‘GRDI’ ticker
The miner recently completed a SPAC deal that valued it at $625 million.
Crypto
Global Bitcoin ETP holdings over 900,000 BTC as Grayscale outflows ‘subside’
Grayscale's outflow continue to dominate weekly outflows, despite data indicating that trend might be receding.
Analysis
Friend Tech goes from viral success to virtual ghost town
Activity on the platform has declined by more than 95% since it peaked last September.
Crypto
Harvest leads the charge with Hong Kong spot Bitcoin ETF application: Report
Hong Kong has received its first application for a spot Bitcoin ETF in the region.
Investments
Bitcoin’s safe-haven status strengthened despite recent price crisis: Kaiko
Bitcoin's correlation with equities like Nasdaq 100 has significantly declined in the past year.
Mining
OKX pulls plug on mining pool amid declining user and hashrate numbers
OKX's decision is coming amid Bitcoin miners' preparation for the halving event.
ETF
Grayscale selling pressure ‘largely behind us,’ spotlight on Newborn Nine: JP Morgan
The banking giant analysts also speculated that the newly launched ETFs will play a prominent role in BTC price discovery.
Bankruptcy
Celsius billion-dollar Ethereum shift stirs speculation on creditor payback plans
The embattled firm creditors are eagerly anticipating the repayment of their stuck assets on the platform.
Crypto
UK government treads carefully on digital pound, prioritizing privacy and cash access
The UK Treasury and Bank of England have underlined certain criteria for possible digital currency launch.
