Wall Street firms to take on Binance, Coinbase, other crypto-native exchangesTraditional firms bank on their reputation, finance industry expertise, and regulatory approval to attract crypto business.
Happy Wednesday!The global crypto market cap is $1.13 trillion, with a 24-hour volume of $33.57 billion. The price of Bitcoin is $26,943.77, and BTC market dominance is 46.1%. The price of Ethereum is $1,860.62, and ETH market dominance is 19.8%. The best-performing sector is Transportation, which gained 16%. The Crypto Fear & Greed Index is currently Neutral (51). Top News
Wall Street firms to take on Binance, Coinbase, other crypto-native exchangesTraditional firms bank on their reputation, finance industry expertise, and regulatory approval to attract crypto business. Bware Labs Launches $INFRA Token
Bware Labs launched their INFRA token yesterday on May 30, 2023, at 10:00AM UTC. The launch of INFRA reaffirms the company’s mission to make high API performance possible within a decentralized Web3 infrastructure. Blast, Bware Labs’ API platform, is on the path to achieving decentralization and becoming permissionless by enabling any blockchain node that can maintain the required level of quality to register within the protocol. Earning INFRA tokens will encourage operators to run full nodes on all of the Blast supported chains, leading to node stability, a better reallocation of unused resources, cutting down on energy use, and lower infrastructure costs. By leveraging INFRA through staking, by becoming node operators, or through delegations, Bware Labs community members gain the ability to contribute to the network's growth, hold a share in its rewards, and shape its future direction. The total supply of $INFRA tokens has been deployed on Ethereum, and then it will be partially bridged to the Avalanche Chain through the Avalanche Bridge. Follow INFRA’s path to decentralization from listing day 1! Disclaimer: This is a sponsored post brought to you by Bware Labs. TRON avoided $500M multisig vulnerabilityThe bug has since been patched, and no user assets are at risk. Coinbase CEO considers China’s digital payments industry an ‘ambitious adversary’Brian Armstrong urged for competitive U.S. crypto policies in an op-ed. Latest Insights
More NewsBybit becomes latest crypto exchange to exit CanadaBybit said Canadian nationals and residents of the country would no longer be able to open new accounts with the exchange starting May 31. Binance considers allowing investors to hold collateral in banksThe beleaguered exchange, while still the world's largest, is exploring policy changes in the face of increasing scrutiny. SEC settles Coinbase insider trading scheme charges with Wahi brothersIshan and Nikhil Wahi have settled with U.S. securities regulators. Bitcoin hash rate resumes uptrend – poised to retest ATHThe Bitcoin hash rate continues accelerating higher with some maintaining price will follow. US lawmakers introduce bill to prevent digital dollar pilot programUS lawmakers are taking an increasing stand against the introduction of a national digital currency, highlighting the dangers attached to it.
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Wednesday, May 31, 2023
Wall Street firms to take on Binance, Coinbase, other crypto-native exchanges
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