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The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted.

The settlement follows an investigation into Robinhood platform outages in March 2020 spearheaded by a regulators in seven states including California and Alabama.

Robin Vince said the lender won't be as aggressive as other banks have been in trying to gain crypto deposits.

Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.

ALSO: Ether falls but still outperforms bitcoin for another day as investors look with hope at the Shanghai upgrade.

Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.

Hayes wants Maelstrom to outperform bitcoin and ether, which won’t be easy.

It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.

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

Web3 consumer engagement models are still in their infancy, but could have the potential to unlock incremental value and enable price discovery for creators and investors alike.