Nayms Issues World’s First Crypto-Denominated ILW Nayms SAC Ltd., the leading crypto-native insurance marketplace, has announced the issuance of the world’s first crypto-denominated industry loss warranty (ILW). The ILW is provided through a segregated account on Nayms’ marketplace and offers retrocessional reinsurance protection…
**Native USDT Now Available on Cosmos via Kava: A Game-Changer for DeFi Liquidity** **Key Points:** – Tether’s USDt stablecoin has been successfully launched on Cosmos through Kava, expanding the Cosmos DeFi ecosystem. – The integration of USDt on Kava provides deep stablecoin liquidity…
Bitfinex recovers funds lost in 2016 security incident Bitfinex, in collaboration with U.S. law enforcement agencies, has successfully reclaimed a portion of the funds that were lost in the 2016 security incident. This joint effort has been instrumental in recovering the stolen funds,…
Binance Faces Turmoil as Top Executives Resign Binance, the giant cryptocurrency exchange, is currently facing turmoil as several top executives have resigned due to CEO Changpeng Zhao’s handling of regulatory investigations. This comes at a critical time for Binance, which has been under…
XRP Lawyer Shares Insights on SEC vs. Ripple Lawsuit Pro-XRP lawyer John Deaton, who represents around 75,000 XRP holders, provides updates on the ongoing SEC vs. Ripple lawsuit. In response to a question from an XRP holder, Deaton shares his opinion on the…
CryptoQuant Raises $6.5 Million in Series A Funding CryptoQuant, an on-chain data provider and market analysis platform, has announced the completion of a Series A funding round, raising an additional $6.5 million. This brings the company’s total raised funds to $9 million. The…
Bitcoin Falls Below $30K After Jobs Report and Services Index, But Recovers Some Ground Bitcoin dropped below $30,000 following a disappointing ADP private sector jobs report and ISM services index but later regained some ground. Large bitcoin holders are increasing their holdings, while…
Key Points: Key executive personnel including Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie have left the company over its handling of DOJ investigations. Binance CEO Changpeng “CZ” Zhao dismissed rumors of turmoil,…
The Fed Has Lost In a recent podcast, economist and gold bug Peter Schiff delivered some concerning warnings about the U.S. economy. Despite the Federal Reserve’s indication that it plans to hike interest rates, the Nasdaq, S&P 500, and Dow Jones have all…