Finance

A Binance delisting decision sent prices of defunct crypto exchange WazirX’s WRX tokens down 60% in an hour, even as the exchange hopes for a “fresh start” of its platform. Binance said Wednesday that it was delisting WazirX’s WRX, along with Kaon (AKRO) and Bluzelle (BLZ), as part of a regular review of tokens that … Read more

Swiss cryptocurrency custody specialist Taurus is collaborating with Temenos, a firm that provides core banking software to many of the world’s largest financial institutions, allowing those banks to quickly and easily create crypto wallets and transfer a wide range of digital assets. This collaboration is important as the Geneva-headquartered Temenos is quite big: the firm … Read more

Coinbase delisted wBTC “due to the unacceptable risk” that the top bitcoin stand-in on Ethereum “would fall into the hands of Justin Sun,” the exchange said Tuesday in response to a lawsuit over its decision. Market observers had previously read between the lines of Coinbase’s November nixing of wBTC. At the time, the exchange cited … Read more

The Web3 ecosystem is often regarded as the next infrastructure of the internet. However, nearly 10 years after the release of the Ethereum white paper, we have very few mainstream applications running on that infrastructure. Meanwhile, we continue to see the emergence of new infrastructure building blocks everywhere: L1, L2, and L3 blockchains, rollups, ZK … Read more

Bitcoin (BTC) is taking a breather, experiencing selling pressure after Tuesday’s indecisive price action marked by a Doji candle. This seems to be a classic case of traders de-risking in anticipation of an expected hawkish Fed rate cut later Wednesday. The leading cryptocurrency by market value traded around $103,750, marking a 2% drop for the … Read more

Cryptocurrency exchange Binance posted a list of “alpha watchlist tokens” to one of its Telegram channels on Wednesday, causing a spike in the mentioned tokens, however it then clarified that the information was “false” which led to the tokens giving up their newfound gains. The post read: “Ready to explore early stage crypto projects?” before … Read more

By Omkar Godbole (All times ET unless indicated otherwise) The crypto market is derisking ahead of today’s Fed rate decision. Everyone’s buzzing about the likelihood of another rate cut that will supposedly galvanize risk-taking in the economy and financial markets. Here’s the twist: The central bank is expected to signal three rate cuts for 2025, … Read more

The non-fungible token (NFT) market is showing signs of recovery, Galaxy Research said in a report Monday. NFTs are digital assets on a blockchain that represent ownership of virtual or physical items and can be sold or traded. NFT volumes had been declining for most of the year, but began to reverse in November following … Read more