Bybit partners with Cabital

On Tuesday, Singapore-based crypto exchange, Bybit, announced a new partnership with digital assets institution Cabital for the euro (EUR )and British pound sterling (GBP) on-ramp integration. Bybit crypto exchange platform users can now use EUR and GBP to buy cryptocurrency directly on the system through Cabital’s fiat on-ramp solution, with no transfer fees between their … Read more

3air ditches Cardano blockchain

Africa-focused blockchain internet company 3air has officially abandoned the Cardano blockchain in favor of SKALE, a network powered by Ethereum, after reporting a “massive talent shortage” for Haskell developers. The skillset for Haskell, which is Cardano’s primary programming language, appears to be in short supply, according to 3air CEO Sandi Bitenc. After spending months actively … Read more

ETH Price Analysis

Ethereum gained pace and was able to settle above the key $3,000 resistance zone. The largest altcoin gained bullish momentum and cleared the $3,100 resistance against the US Dollar. ETH price could accelerate further if it clears the $3,200 resistance. The altcoin price is now consolidating gains below the $3,190 level. On the 4-hour chart, … Read more

Softbank backed startup to offer retail crypto trading

Stock brokerage firm DriveWealth has entered the cryptocurrency industry by launching two subsidiaries designed to allow its partners to offer crypto trading to retail investors. DriveWealth is a New Jersey-based company backed by Japanese tech giant Softbank and is valued at $2.85 billion. The push into the crypto space was motivated by traders who are … Read more

KPMG’s Canadian business has officially added ETH to its corporate library

Big Four auditor KPMG’s Canadian operation has officially added Ether (ETH) to its corporate treasury, joining other major companies in converting a portion of its fiat holdings into digital assets. The decision to add Bitcoin and Ether to its balance sheet reflects KPMG Canada’s belief that cryptocurrencies are a “maturing asset class,” says Benjie Thomas, … Read more

Latest DeFi bridge exploit results in $4.4M losses for Meter

The Meter Passport token bridge platform has incurred $4.4 million in losses due to a smart contract hack which also caused Hundred Finance to lose $3.3 million through under-collateralized loans. Meter.io’s Meter Passport (MTRG) is a token bridge that is compatible with Ethereum and its sidechains. This attack affected the Moonriver side of the bridge. … Read more