Crypto Exchange Gemini Looking to Launch Overseas Derivatives Operation: The Information
Binance’s legal troubles and the collapse of FTX may have left an opening for others to grab market share in the crypto derivatives business.Source
Coinbase Aims to Stay in Canada; Binance Could Be Poised to Exit Amid Regulatory Shakeup
The moves come as the country tightens rules for cryptocurrency exchanges.Source
Crypto Exchange Trader Joe Booms on Arbitrum, Spurring JOE Token Rally
Trader Joe is seeing activity spike on its Arbitrum crypto trading venue.Source
Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,’ CEO Says
A publicly-available token burn function in the contract allowed attackers to manipulate the protocol, some said.Source
The Algorand Foundation Branches Out to India
Blockchain protocol Algorand (ALGO) has entered the world’s most populous country, India, with a project that aims to support the nation’s transformation from the back office of the Web2 world to the innovation hub of the Web3 world.Source
First Mover Asia: Will CFTC’s Action Against Binance Benefit Crypto’s Asia Narrative?
Bitcoin is flat, but ether is up, on potentially favorable comments by the CFTC before Congress.Source
FDIC Gives Deadline Next Week for Crypto Depositors Stranded by Signature Failure
The Federal Deposit Insurance Corp. (FDIC) is trying to hurry the stranded crypto customers out the door of the temporary entity that holds the assets of the former Signature Bank, asking them to cash out by next week – whether they have a new bank or not.Source
Canada to Ask Pension Funds to Disclose Crypto Exposure
The budget for 2023 also includes that OSFI will consult federally regulated financial institutions on guidelines for publicly disclosing their exposure to crypto-assets.Source
NFT Collection Y00ts Makes Anticipated Move From Solana to Polygon
The popular project, which launched in September 2022, is using a cross-chain bridge to bring its 15,000-edition generative art collection to Polygon.Source
Bitcoin Layer 2 Stacks’ Token a Top Performer in March
STX has gained 23% in March and is up 350% over the past year.Source