Crypto indexes offer broad access, but are they profitable in the long run?

The cryptocurrency market is known for its high volatility and the wild-west nature of the space is, in part, due to many of the assets having small market caps and the 24/7 operational hours of centralized and decentralized exchanges (DEXs). In addition to being high risk, crypto trading can also be a very time-intensive process. […]

Tornado Cash says it’s using Chainalysis oracles to block access from OPAC sanctioned addresses

On Friday, Tornado Cash announced that it was using oracle contracts from Chainalysis to block wallet addresses sanctioned by the U.S. Office of Foreign Assets Control, or OFAC. The move comes after the U.S. Department of the Treasury linked North Korean cyber-criminal Lazarus Group as an alleged perpetrator for the recent $600 million+ Ronin bridge […]

WonderFi Listed on FTX to Provide 24/7, Global Access to Trading

Vancouver, British Columbia–(November 24, 2021) – WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF)(the “Company” or “WonderFi”) today announced the listing of tokenized shares of WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF) on FTX, a leading global cryptocurrency exchange, founded by Sam Bankman-Fried. WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF) is a strategic partner of FTX and we are extremely pleased to […]

Bolt to enable Bitcoin and NFT access via Wyre acquisition

San Francisco-based e-commerce startup Bolt is moving into cryptocurrencies and nonfungible tokens (NFTs) by acquiring fiat-to-crypto and payment infrastructure firm Wyre. According to a joint announcement on Thursday, Bolt has reached definitive agreement to acquire Wyre, aiming to close the deal later in 2022. According to a report by The Wall Street Journal, the acquisition […]

Binance’s New UK Exchange to Provide Institutions with Regulated Access to Crypto

Binance wants its new U.K. trading platform to become a one-stop-shop for British and European institutions interested in investing in the digital asset class. Per a report by Reuters on Wednesday, Binance said its new U.K. crypto exchange would offer a local fiat onramp into crypto, in both pound sterling and euros. Like Binance’s other […]

Sanofi Stock Down 1.6%, Company Criticized for Giving U.S. Priority Access to Vaccine

After closing yesterday with a 0.17% rise, Sanofi (SNY) stock is in the red now. “Giving the U.S. priority access to a Sanofi vaccine against the new coronavirus would be ‘unacceptable,’” a French government minister said. Sanofi SA (Nasdaq: SNY) stock slid 2.36% in the pre-market and dropped further 1.64% after the market opened on […]

BitMEX Restricts Access to Japanese Residents, Citing Changes to Local Law

Japan has amended the way cryptocurrencies are regulated within the country, prompting BitMEX to begin restricting access to local residents, the exchange announced last week. The move follows a cabinet order, released April 3, with amendments made to the Japan Financial Instruments and Exchange Act and Japan Payment Services Act effective as of May 1, […]