ArkotNews

The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.

ALSO: Asia-Based Traders Push Bitcoin Past $30K

Beijing allowing bitcoin's price to be displayed on one of the country's largest social network platforms shows a growing acceptance of the asset class within the country.

The firm didn’t comment on the new SEC filing, but did outline its crypto investment strategy.

Binance has no interest in buying Huobi due to its rumored ties to China, according to a person familiar with the situation.

The stablecoin offers greater transparency than competitors like USDT but that proved of little value as it was depegged during the recent banking crisis, says J.P. Koning.

The exploiter will retain 20% of the stolen funds as a bug bounty.

ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin's recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment.

Fresh economic data Thursday morning suggested slowing in both inflation and the employment picture.

LI.FI partnered with risk cover protocol InsurAce to provide protection for users who are bridging their cryptoassets from one blockchain to another.