Markets
Proof of Reserves: What It Means for Exchange Trust
Proof of Reserves is a mechanism designed to strengthen user trust in cryptocurrency exchanges. For most of the crypto industry's history, users who deposited...
Markets
Crude oil prices fall as WTI drops to $89.77, Brent to $91.93
Crude oil prices experienced a notable decline, with West Texas Intermediate dropping to $89.77 per barrel and Brent crude to $91.93 per barrel, representing...
Markets
Legendary Crypto Exchange BitMEX Shuts Down, CZ Shares Reaction
BitMEX, the legendary cryptocurrency exchange, has announced its permanent shutdown. HDR Global Trading Limited, the exchange's owner, made this difficult decision following a strategic...
Markets
BitMEX to Shut Down Exchange on Sept. 23, Urges Withdrawals
BitMEX, the crypto derivatives platform founded by Arthur Hayes in 2014, will permanently shut down on September 23. HDR Global Trading Limited, its owner...
Markets
T. Rowe Price Crypto ETF Filing Puts Active Multi-Asset Funds In Focus
T. Rowe Price has filed registration documents with the SEC for an actively managed crypto ETF under the ticker TKNZ. The fund is designed...
Markets
Here’s why the CLARITY Act’s ethics deal may be so hard to reach
Democrats oppose the current CLARITY Act text over ethics concerns. The legislation would temporarily ban presidential meme coins and prevent crypto platforms from listing...
Markets
World Network secures $53M in funding to combat AI deepfakes
World Network, the project backed by OpenAI CEO Sam Altman, raised $52.5 million to expand its deepfake detection infrastructure, following a strategic rebranding from...
Markets
BitMEX shutdown gives traders 2 months to withdraw, but active positions face an earlier deadline
BitMEX, the Seychelles-based crypto exchange founded by Arthur Hayes, will shut down on Sept. 23 at 04:00 UTC. Users have two months to close...