The NEAR Foundation announced that it is working with Alibaba Cloud to accelerate the development of Web3 in Asia and the Middle East. The partnership enables the NEAR Foundation to access Alibaba Cloud's developer ecosystem in Asia and the Middle East to attract more developers to develop based on the NEAR protocol. Developers who want to roll out new NEAR validators will be able to do so through Alibaba Cloud's "plug-and-play" infrastructure-as-a-service. The NEAR Foundation and A...

The NEAR Foundation announced that it is working with Alibaba Cloud to accelerate the development of Web3 in Asia and the Middle East. The partnership enables the NEAR Foundation to access Alibaba Cloud's developer ecosystem in Asia and the Middle East to attract more developers to develop based on the NEAR protocol. Developers who want to roll out new NEAR validators will be able to do so through Alibaba Cloud's "plug-and-play" infrastructure-as-a-service. The NEAR Foundation and A...

Crypto exchange Gemini tweeted that customers affected by Voyager's bankruptcy can create a Gemini account before July 23 and withdraw their cryptocurrencies according to the claims distribution process. According to previous news, Voyager will reopen to customers from June 20 to July 5, during which creditors can withdraw about 35% of the cryptocurrency.

Crypto exchange Gemini tweeted that customers affected by Voyager's bankruptcy can create a Gemini account before July 23 and withdraw their cryptocurrencies according to the claims distribution process. According to previous news, Voyager will reopen to customers from June 20 to July 5, during which creditors can withdraw about 35% of the cryptocurrency.

Binance announced on Twitter that it is integrating the Bitcoin Lightning Network to allow users to deposit and withdraw. There is still more technical work to be done and an update will be made when the Lightning Network is fully integrated. Earlier news, Zhao Changpeng said that Binance is researching the Lightning Network, which may start with small transactions.

Binance announced on Twitter that it is integrating the Bitcoin Lightning Network to allow users to deposit and withdraw. There is still more technical work to be done and an update will be made when the Lightning Network is fully integrated. Earlier news, Zhao Changpeng said that Binance is researching the Lightning Network, which may start with small transactions.

MakerDAO, the core development organization behind the DAI stablecoin, completed more than $700 million in U.S. Treasury bond purchases. The group initially purchased $500 million in bonds in October 2022, and its total bond holdings now stand at $1.2 billion. MakerDAO invests in bonds to increase exposure to low-risk, liquid traditional assets. Monetalis Clydesdale Vault, a digital asset management firm born out of DeFi lender Monetalis Group, completed the purchase on behalf of MakerDAO.

MakerDAO, the core development organization behind the DAI stablecoin, completed more than $700 million in U.S. Treasury bond purchases. The group initially purchased $500 million in bonds in October 2022, and its total bond holdings now stand at $1.2 billion. MakerDAO invests in bonds to increase exposure to low-risk, liquid traditional assets. Monetalis Clydesdale Vault, a digital asset management firm born out of DeFi lender Monetalis Group, completed the purchase on behalf of MakerDAO.

Coinbase Chief Legal Officer Paul Grewal tweeted that the Third Circuit has just ruled that it will retain jurisdiction over Coinbase to challenge the inaction of the US Securities and Exchange Commission (SEC). The next report will be submitted within 120 days. Coinbase has previously stated that the court should force the SEC to respond to Coinbase's petition. On April 25, Coinbase filed a lawsuit in U.S. federal court, asking the U.S. Securities and Exchange Commission (SEC) to respon...

Coinbase Chief Legal Officer Paul Grewal tweeted that the Third Circuit has just ruled that it will retain jurisdiction over Coinbase to challenge the inaction of the US Securities and Exchange Commission (SEC). The next report will be submitted within 120 days. Coinbase has previously stated that the court should force the SEC to respond to Coinbase's petition. On April 25, Coinbase filed a lawsuit in U.S. federal court, asking the U.S. Securities and Exchange Commission (SEC) to respon...

Digital asset bank Sygnum Singapore has announced that its application for a Large Payment Institution License (MPIL) has received in-principle approval from the Monetary Authority of Singapore (MAS) to launch a regulated cryptocurrency brokerage service. The platform provides fiat digital asset gateway and cryptocurrency transaction execution services.

Digital asset bank Sygnum Singapore has announced that its application for a Large Payment Institution License (MPIL) has received in-principle approval from the Monetary Authority of Singapore (MAS) to launch a regulated cryptocurrency brokerage service. The platform provides fiat digital asset gateway and cryptocurrency transaction execution services.

In response to the previous doubts, the Sui Foundation tweeted that it had gradually increased the supply of SUI tokens as planned to increase the liquidity of the ecosystem. The plan was disclosed from the beginning and never exceeded the market value reported by Coinmarketcap. The Sui Foundation does not sell rewards or any other tokens generated by "locked" and "non-negotiable" pledged SUI on Binance or other platforms, and all internal token distributions remain subject to lockup periods ...

In response to the previous doubts, the Sui Foundation tweeted that it had gradually increased the supply of SUI tokens as planned to increase the liquidity of the ecosystem. The plan was disclosed from the beginning and never exceeded the market value reported by Coinmarketcap. The Sui Foundation does not sell rewards or any other tokens generated by "locked" and "non-negotiable" pledged SUI on Binance or other platforms, and all internal token distributions remain subject to lockup periods ...

Vertex Protocol, an Arbitrum-based decentralized trading platform, announced that it has received a strategic investment from Wintermute Ventures. The specific amount has not yet been disclosed. Vertex Protocol said that the combined spot and perpetual futures volume on the platform exceeded $1 billion in less than 2 months.

Vertex Protocol, an Arbitrum-based decentralized trading platform, announced that it has received a strategic investment from Wintermute Ventures. The specific amount has not yet been disclosed. Vertex Protocol said that the combined spot and perpetual futures volume on the platform exceeded $1 billion in less than 2 months.

Three Arrows Capital and OPNX founder Zhu Su said on Twitter that the credit stablecoin oUSD launched by OPNX was inspired by UST and FTT (negative cases). UST is a passive sinking point for investors, but the capital utilization rate is very low, while FTT has a large borrowing demand, but Genesis and FTX users are the only natural lenders. UST did not issue enough active bonds, leading to a death spiral without natural buyers. In both the UST and FTT cases, there was a great deal of showman...

Three Arrows Capital and OPNX founder Zhu Su said on Twitter that the credit stablecoin oUSD launched by OPNX was inspired by UST and FTT (negative cases). UST is a passive sinking point for investors, but the capital utilization rate is very low, while FTT has a large borrowing demand, but Genesis and FTX users are the only natural lenders. UST did not issue enough active bonds, leading to a death spiral without natural buyers. In both the UST and FTT cases, there was a great deal of showman...

According to official news, Bitmain announced the launch of the Antminer S19j XP, which is an air-cooled mining machine with a power consumption ratio of 21.5 J/T and a computing power of 151 T. At present, the mining machine has been pre-sold and is expected to be shipped in the fourth quarter of this year.

According to official news, Bitmain announced the launch of the Antminer S19j XP, which is an air-cooled mining machine with a power consumption ratio of 21.5 J/T and a computing power of 151 T. At present, the mining machine has been pre-sold and is expected to be shipped in the fourth quarter of this year.

A U.S. federal judge has dismissed Binance’s lawsuit over the wording of a SEC press release. Binance believes that the SEC's wording may be against it in the trial. Judge Amy Berman Jackson of the U.S. District Court in Washington, D.C., rejected the requests, arguing that the court was not tasked with "literally embellishing" the parties' public statements in the case, and saying that "at present, it appears that the intervention of the court is unnecessary. The court stepped in t...

A U.S. federal judge has dismissed Binance’s lawsuit over the wording of a SEC press release. Binance believes that the SEC's wording may be against it in the trial. Judge Amy Berman Jackson of the U.S. District Court in Washington, D.C., rejected the requests, arguing that the court was not tasked with "literally embellishing" the parties' public statements in the case, and saying that "at present, it appears that the intervention of the court is unnecessary. The court stepped in t...

Multi-asset class trading platform 24 Exchange is exiting its spot crypto offering, though it will still offer its crypto non-deliverable forward product to clients seeking to hedge their exposure to digital assets. Founded in 2018 and launched the following year, 24 Exchange is based in Bermuda and serves banks and other institutional clients, and entered the cryptocurrency space less than two years ago. 24 Exchange will close a $14 million round led by Point72 Ventures by the end of 2021.

Multi-asset class trading platform 24 Exchange is exiting its spot crypto offering, though it will still offer its crypto non-deliverable forward product to clients seeking to hedge their exposure to digital assets. Founded in 2018 and launched the following year, 24 Exchange is based in Bermuda and serves banks and other institutional clients, and entered the cryptocurrency space less than two years ago. 24 Exchange will close a $14 million round led by Point72 Ventures by the end of 2021.