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Hong Kong’s HashKey says token incentives drove spike in trading volumes

Volumes on HashKey Exchange surged to many times their normal level late last week — a trading frenzy the company put down to a token rewards program.

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Author: Ryan Weeks

Institutional Traders Split Between Bitcoin, Ether: Bybit Research

Numbers from the exchange show institutional traders largely ignored altcoins in favor of perceived “safe” assets.

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Author: Sam Reynolds

Osmosis and UX Chain propose merger within Cosmos ecosystem

The merger proposal includes integrating UX Chain’s lending logic with Osmosis’ decentralized exchange to form a comprehensive DeFi hub.

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Author: Vishal Chawla

Bitcoin Market-Neutral Bets Offer 10% Return as BTC Tops $41K, Analysts Say

The “basis trade,” a standout in the 2020/2021 bull market, is hinting at a resurgence, one observer said, referring to the rising futures premium.

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Author: Omkar Godbole

Bitcoin’s Price Rise to $41K Buoyed by $200M in Weekend Short Liquidations

Overall market capitalization has risen 3% in the past 24 hours to reach a level previously seen in April 2022.

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Author: Shaurya Malwa

Regulators have scared SoFi out of crypto: Bloomberg

The financial services firm is giving users three weeks to migrate their accounts — as long as they live in the right state.

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Author: Zack Abrams

Standard Chartered-Backed Zodia Custody Joins Ripple-Owned Metaco’s Global Crypto Storage Network

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Author: Ian Allison

Bitcoin Breaks $40K for First Time in 18 Months Amid Broader Crypto Market Rise

The price of Bitcoin hit $40,000 on Sunday for the first time in 18 months, while Ethereum rose past $2,200.

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Author: Nikhilesh De

Bitcoin price surpasses $40,000 as rally continues

Bitcoin’s recent rise has been fueled by industry-wide anticipation of spot Bitcoin ETFs, expected to be approved in the coming months.

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Author: Zack Abrams

Platypus Finance hackers cleared of criminal charges: Le Monde

The men responsible for the $8.5 million hack were cleared after a court found their exploit of a flawed smart contract wasn’t fraud.

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Author: Zack Abrams


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