Japanese CEX Coincheck posts 75% revenue growth during fiscal Q3

In 2017, when everything concerned with cryptocurrency and blockchain still looked fresh and interesting, it seemed that there would be no day without a new “revolutionary” project or idea. Decentralized financial system, decentralized torrent tracker, decentralized office documentation system. Decentralized, decentralized, decentralized.The overuse of terms like “transparent,” “distributed” and “blockchain-based” soon made most press papers…

Institutional trading firms have faced financial losses and operational difficulties in the wake of the FTX collapse. 459 Total views 3 Total shares Crypto derivatives exchange Bybit has launched a new support fund to help institutional traders access liquidity in the wake of the FTX collapse — an event that triggered a fresh wave of…

Dogecoin’s open interest saw the steepest decline among the top ten cryptocurrencies by market cap, falling 64% since the start of April.

Yam Finance, an experiential Decentralized Finance (DeFi) protocol, saw its market cap crash down to zero within minutes on Aug. 13. With it, major DeFi tokens, including Compound, Yearn Finance, and Balancer, plunged as well.YAM/USD price performance. Source: CoinmarketcapCompound, the second biggest DeFi protocol in the global market, saw its market cap drop by nearly…

“The new charter will enable us to provide secure, reliable and efficient investment, trading, and custodian services for a wide range of digital assets," said SFOX co-founder Akbar Thobhani. 227 Total views 3 Total shares The State of Wyoming has approved California-based crypto broker SFOX for a trust charter, allowing the firm to provide custodial…

It’s the most significant Bitcoin move since July 30, though Galaxy’s head of research doesn’t think it’s for distribution.

Binance Charity has launched an initiative that seeks to raise $5 million in cryptocurrencies to purchase medical supplies for the countries that have been the hardest hit by the COVID-19 pandemic.Binance will lead the #CryptoAgainstCOVID campaign with an initial donation of $1 million USD. The exchange has also pledged to match up to an additional…

EigenLayer’s decision to ban U.S. and Canada-based airdrop participants could lead to a mass exodus to other restaking protocols. So will Karak become the next EigenLayer?

Bitcoin (BTC) experienced a 16.5% correction between Aug. 15 and Aug. 19 as it tested the $20,800 support. While the drop is startling, in reality a $4,050 price difference is relatively insignificant, especially when one accounts for Bitcoin's 72% annualized volatility.Currently, the S&P 500’s volatility stands at 31%, which is significantly lower, yet the index…