Finance

Coinbase’s L2 network Base loses over 16% TVL in a week 

Base Network’s TLV takes a hit, falling to $445 million, as zkSync Era gains momentum, fueled by dynamics in USDC…

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Crypto losses reach $685m in Q3, amount to $1.3b in 2023

Crypto projects experienced a significant increase in financial losses during Q3 2023, amounting to $685.5 million, driven largely by major…

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FTX auditor Prager hit with lawsuit by SEC

The SEC has filed a lawsuit against the accounting firm Prager Metis for allegedly violating auditor independence rules in relation…

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Open Exchange Token (OX) sees wild price swings during one day

Large-scale pump and dump from whales caused the OX token price to plummet by 50% momentarily before rising back again. …

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UBS Asset Management launches pilot of tokenized fund

UBS Group AG, financial holding company, announced the launch of a pilot project to tokenized money market fund. Money market…

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Coinbase secures full regulatory approval in Singapore

Coinbase is the latest crypto company to secure full regulatory approval in Singapore. The U.S. exchange’s Singaporean arm announced it…

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OX token value craters after co-founder’s arrest triggers uncertainty

Open Exchange’s (OPNX) native currency crashed on the heels of co-founder Su Zhu’s arrest. OX token value craters When Zhu…

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Web3 is disrupting sports, entertainment, and culture in Asia

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions…

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Over $200m worth of crypto will enter circulation in October

This month, about $200 million in crypto will be released into the market. At least six large projects account for…

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Vitalik Buterin cautions staking pools adopting DAO model

Ethereum co-founder Vitalik Buterin has voiced concerns over the increasing influence of DAOs in selecting node operators within liquidity staking…

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