Criptos News

Latest news about blockchain and cryptocurrencies

Trademark Applications Suggest Meta May Launch Crypto Platform

Technology giant Meta, previously Facebook, has filed five trademark applications for a digital payments platform dubbed ‘Meta Pay’. According to records submitted to the United States Patent and Trademark Office (USPTO), Meta filed five new trademark applications on May 13, which echo its future plans for a payment platform where users can exchange all forms of currencies…. Read more →

Tether in the Spotlight After USD 9B Worth of Redemptions

The popular stablecoin tether (USDT) is again the subject of unwanted attention after approximately USD 9bn has been redeemed for US dollars by users in the aftermath of the terraUSD (UST) collapse. The redemptions have come despite USDT trading on exchanges within a rounding error of its USD 1 peg. At the time of writing (08:39 UTC), the stablecoin traded at USD 0. Read more →

Coinbase Bets On ‘Enterprise-Grade’ Liquid Staking Business

Major US-based crypto exchange Coinbase is backing the development of the “first-ever” enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of decentralized finance (DeFi). According to an announcement from Coinbase on Tuesday, the new liquid staking protocol is being developed by Alluvial, a development firm made up of people with experience from various DeFi-related projects…. Read more →

CoinCorner Launches NFC-Enabled Bitcoin Card Powered by Lightning Network

Crypto exchange and web wallet provider CoinCorner has announced the launch of its Bolt Card, a contactless Bitcoin (BTC) card powered by near-field communication (NFC) and the Lightning Network (LN). The card allows users to leverage the power of the LN, a layer 2 (L2) payment protocol layered on top of Bitcoin that makes fast and cheap transactions. Read more →

Coinbase Slows Down Hiring Plans Amid Market Downturn, Lower Financial Results

The ongoing downturn in the crypto markets is triggering changes to the hiring plans by some of the major industry players, with crypto exchange Coinbase announcing it will slow down its expansion plans with regard to creating new jobs this year. The latest development follows the release of disappointing financial results for the first quarter of 2022…. Read more →

Coinbase Plays Web3 Card, BitMEX Launches Spot Trading in Race for New Customers and Revenues

Major crypto exchanges Coinbase and BitMEX are deploying new features to lure more customers, benefiting from users’ rising interest in direct and mobile Web3 access, and spot markets, among others. As planned, the major crypto derivatives platform, BitMEX, is introducing a new spot exchange that allows traders to buy, sell and trade cryptoassets with the use of an orderbook. Read more →

FTX’s Bankman-Fried Hints at Bitcoin Lightning Network Integration After Community Backlash

After facing a backlash from the Bitcoin (BTC) community over comments to the Financial Times that Bitcoin is “not a payments network,” Sam Bankman-Fried, the billionaire CEO of crypto exchange FTX, now hints that his exchange may implement Bitcoin Lightning Network payments. “Sounds right, will ping devs,” Bankman-Fried replied to a comment that suggested that “all is forgiven” if Lightning is integrated into FTX…. Read more →