ArkotNews

Existing Canadian users will be able to trade on the exchange until April 14.

ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?

Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, and it had more than 200 employees. Behind the scenes, though, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim, and the smell of cannabis permeated the office.

Bitcoin has also continued its more moderately-paced momentum, inching toward $31K. ALSO: CoinDesk columnist considers Shapella's immediate and potential long-term impact.

The high court's "major questions doctrine" could be used to limit the regulator's actions against crypto, said Jason Gottlieb, a partner at Morrison Cohen LLP.

Max Williams, chief operating officer at Runa Digital Assets, noted the upgrade will allow developers to focus on improving users' experience.

The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.

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

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

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.