Crypto News

Crypto exchange EDX Markets, which is backed by Wall Street giants including Citadel Securities and Charles Schwab, tapped Anchorage Digital to provide custody for its clearinghouse business set to launch later this year.

Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and Optimism

The team behind the layer 2 Starknet blockchain said that they will also hold a code review on Aug. 31 at a conference in San Francisco.

Existing payments systems are hard to beat, but there may be niches where blockchain companies can play, says EY's Paul Brody.

FTX founder Sam Bankman-Fried appeared in court Tuesday to be arraigned after the latest indictment accused him of using customer funds for everything from buying personal real estate to political donations.

The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.

Despite its initial success in attracting celebs, the portents aren’t good for the latest “Twitter-killer.”

Instruments tied to interest rates compete with Bitcoin for investor dollars.

The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch.