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  • crypto-derivatives-exchange-bitget-to-list-usdc-as-collateral-for-margin-trading
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    Crypto derivatives exchange Bitget to list USDC as collateral for margin trading

    The Singapore-based crypto trading platform has inked a partnership with stablecoin issuer Circle. Derivatives exchange Bitget is set to become one of the first exchanges to list USD Coin (USDC) as collateral for trading crypto derivatives.The development comes courtesy of a strategic collaboration between the Singaporean crypto derivatives trading service and USDC stablecoin issuer Circle,… More

  • coinbase-and-top-execs-face-securities-class-action-over-nasdaq-listing
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    Coinbase and top execs face securities class action over Nasdaq listing

    Alongside Coinbase itself, the class action names CEO Brian Armstrong, CLO Paul Grewal, other top executives and several of its venture capital backers as defendants. A Coinbase shareholder has filed a securities class action against Coinbase for allegedly misleading investors ahead of its public listing about the company’s financial state and resilience as a crypto… More

  • south-china-morning-post-to-tokenize-118-year-old-archive-with-nfts
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    South China Morning Post to tokenize 118-year-old archive with NFTs

    Hong Kong landmarks like the Kowloon Walled City will be tokenized and showcased in The Sandbox Ethereum-based metaverse. Veteran Hong Kong-based newspaper South China Morning Post (SCMP) is creating a series of NFTs using a new token standard called “ARTIFACT,” designed to preserve historical assets on the blockchain.In its ARTIFACT Litepaper, SCMP presents an overview… More

  • china’s-bitcoin-hash-power-fell-before-the-crackdown:-cambridge-data
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    China’s Bitcoin hash power fell before the crackdown: Cambridge data

    Cambridge research shows that China’s Bitcoin mining power fell by 40% before the crackdown, while the United States’ hash power has quadrupled. China’s crackdown on Bitcoin (BTC) mining due to energy consumption concerns is widely regarded as the trigger for the miners’ exodus from Asia to Western countries. But new research by the Cambridge Centre… More

  • blockchain-can-help-publishers-improve-audience-trust
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    Blockchain can help publishers improve audience trust

    By implementing timestamping and blockchain technology, media and publications can increase their readers’ assurance. Readers expect their news content to be reliable and trustworthy, yet many doubt it actually is. Readers cite issues like unchecked sources, rushing too fast to print, careless reporting and news sites being deliberately misleading as contributing to their eroding trust… More

  • iran-pauses-electricity-exports-due-to-crypto-mining-and-hot-summer
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    Iran pauses electricity exports due to crypto mining and hot summer

    Discounted tariffs made Iran attractive to miners, now the country is having a hard time closing the gap between the production and consumption of electricity. Iran’s challenge with the ever-increasing electricity consumption reached new heights, leading the country to halt electricity exports.Abuzer Salihi, general manager of Iran’s electricity distribution company Tevanir, announced on state television… More

  • crypto.com-taps-circle-for-global-dollar-deposits
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    Crypto.com taps Circle for global dollar deposits

    Crypto.com and Circle’s partnership enabled U.S. dollar deposits and receiving USDC for users in more than 30 countries. Digital asset exchange platform Crypto.com opened a new U.S. dollar fiat on-ramp thanks to a new partnership with global payment provider Circle, according to a June 28 announcement.The partnership between Crypto.com and Circle enables users in over… More

  • crypto-businesses-struggling-to-fill-job-openings-amid-industry-expansion
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    Crypto businesses struggling to fill job openings amid industry expansion

    Crypto firms pursuing global expansion agendas are having to compete to attract the limited number of top talent to fill job positions. The skills shortage among crypto’s specialized workforce is causing significant competition among businesses to secure the right talent for their organizations.According to Bloomberg, crypto firms are finding it somewhat difficult to find the… More

  • hong-kong-brokerage-futu-halts-crypto-futures-over-regulatory-issues
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    Hong Kong brokerage Futu halts crypto futures over regulatory issues

    Non-futures crypto products like Grayscale Bitcoin Trust are reportedly still available on Futu Securities. A major Hong Kong-based online brokerage firm has reportedly suspended cryptocurrency futures trading due to regulatory concerns.Futu Securities, one of the biggest trading brokerages in Asia, has halted support of crypto futures contracts and trading services in response to regulatory requirements,… More

  • defi-will-bring-global-revolution-to-the-traditional-finance-space
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    DeFi will bring global revolution to the traditional finance space

    DeFi has marked the birth of an open alternative to the current financial system, promising broader financial inclusivity. Decentralized finance came to life with the inception of Ethereum in 2013. However, it truly hit the ground running in 2016–2017 with the backing of Ethereum developers and some entrepreneurs and experts in the financial investment sphere.… More

  • altcoin-roundup:-post-crash-prices-give-investors-a-chance-to-build-a-diversified-portfolio
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    Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio

    Looking to build a diversified crypto portfolio? DeFi, stablecoins and oracles are three cornerstone sectors to consider. Welcome to Cointelegraph Market’s Altcoin Roundup, an in-depth newsletter that focuses on investing from the perspective of fundamental analysis and seeks to identify emerging blockchain projects and tokens that fill niche demands within the growing cryptocurrency market.The concept… More

  • thailand-to-target-defi-in-latest-regulatory-clampdown
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    Thailand to target DeFi in latest regulatory clampdown

    A new DeFi yield farming platform in Thailand has rattled regulators. In their latest effort to regulate the cryptocurrency industry, Thailand’s financial regulators have turned their sights towards decentralized finance, or DeFi.According to a June 1 report from Bangkok Post, Thailand’s Securities and Exchange Commission (SEC) has announced that any activities related to DeFi may… More

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