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Global crypto spot trading volume declines to its lowest since December 2020.

Total spot trading volumes on global crypto exchanges crashed 30.2% sequentially to $1.81 trillion last month amid a continued declining trend in cryptocurrencies, according to a report by digital asset data provider CryptoCompare. Total spot volumes touched their lowest level since December 2020 at $1.17 trillion. Spot volumes have been falling from a peak of […]

DeFi Bridge Warmhole Restores $320 Million Worth of Stolen Funds, Here’s What Unfloded

Earlier on Wednesday, February 2, DeFi bridge protocol Warmhole announced that the platform was hacked as hackers managed to steal a staggering 120 wETH worth $320 million. Warmhole is a DeFi blockchain bridge between Ethereum and Solana allowing users to swap SOL for other cryptocurrencies. However, the firm’s leaders have said that they have restored

The post DeFi Bridge Warmhole Restores $320 Million Worth of Stolen Funds, Here’s What Unfloded appeared first on CoinGape.

Why Axie Infinity is Removing Rewards in Adventure and Daily Quest to Zero SLP

The Sky Mavis team explained the decision on reducing SLP rewards in the Daily Quests and Adventure portion of the game.

The post Why Axie Infinity is Removing Rewards in Adventure and Daily Quest to Zero SLP appeared first on BitPinas.

4 Anti-Fraud Tech Trends in the Insurance Industry

Since the start of the COVID-19 pandemic, fraud and suspicious activity have been on the rise. In the insurance industry, fraud attempts have become increasingly sophisticated, forcing insurance companies to

The post 4 Anti-Fraud Tech Trends in the Insurance Industry appeared first on Fintech Singapore.

Kraken Passes Reserve Audit Proof, Allowing Customers to Verify Crypto Balances


Kraken exchange has passed a crypto audit by Armanino LLP, allowing customers to verify cryptocurrency balances. (Read More)

Two Developments, On Opposite Ends Of The Earth, Highlight Bitcoin’s Range Of Utility

Currency debasement in Lebanon and cold weather in Texas demonstrate the breadth of the Bitcoin network's utility.

Canada’s Alberta Sees Growth in Crypto Sector


Alberta, Canada’s most oil-rich province, is seeing growth in the crypto industry to diversify its economy. (Read More)

Microstrategy CEO on Mainstream Bitcoin Adoption: ‘I See Evidence of a Lot More Institutional Adoption’

Microstrategy CEO on Mainstream Bitcoin Adoption: 'I See Evidence of a Lot More Institutional Adoption'The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Turkey, South America, and Africa — “all of these things have elevated institutional awareness of bitcoin.” Microstrategy Outlines Future Outlook for Bitcoin The Nasdaq-listed software company Microstrategy discussed […]

Tracy J. Edmonds Joins Lyn Health Board of Advisors

Executive coach and former Chief Diversity Officer of Anthem, Inc. brings experience in building organizations and products grounded in diversity, equity and inclusion. SEATTLE–(BUSINESS WIRE)–#DEI–Lyn Health, a pioneering healthcare start-up focused on people with multiple chronic conditions, today announced the addition of Tracy J. Edmonds, former Chief Diversity Officer of Anthem, Inc., to its Board […]

The post Tracy J. Edmonds Joins Lyn Health Board of Advisors appeared first on Fintech News.

Activision Blizzard Announces Fourth-Quarter and 2021 Financial Results

SANTA MONICA, Calif.–(BUSINESS WIRE)–Activision Blizzard, Inc. (Nasdaq: ATVI) today announced fourth-quarter and 2021 results. “I’m so incredibly proud of our teams for their commitment and passion as we continued to engage the world through epic entertainment in 2021,” said Bobby Kotick, CEO of Activision Blizzard. “As we look to the future, with Microsoft’s scale and […]

The post Activision Blizzard Announces Fourth-Quarter and 2021 Financial Results appeared first on Fintech News.

SEC Commissioner: New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi Platforms

SEC Commissioner: New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi PlatformsA commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give the securities regulator new powers to regulate cryptocurrency platforms and decentralized finance (defi) protocols. New SEC Proposal Could Hurt the Crypto Industry, Commissioner Peirce Cautions U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has […]

Sphere 3D to Grow Its Bitcoin Mining Capacity to 32 Exahash Through the Purchase of 60,000 Numiner NM440 BTC Miners

Upon full deployment, Sphere 3D will be one of the largest carbon neutral bitcoin miners in the world. Sphere 3D enters into an agreement to acquire 60,000 next-generation NuMiner bitcoin miners operating at 440 TH/s for a total capacity of 26.4 EH/s. Sphere 3D previously contracted to purchase 60,000 ANTMINER S19j Pro miners totaling 6.0 […]

The post Sphere 3D to Grow Its Bitcoin Mining Capacity to 32 Exahash Through the Purchase of 60,000 Numiner NM440 BTC Miners appeared first on Fintech News.

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