From time to time, rumors surface that Grand Theft Auto 6 will integrate cryptocurrency, fueling expectations that the franchise may make its way to Web3.
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Crypto Biz: Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down
This week’s Crypto Biz explores Hotbit’s closure, Hong Kong’s licensing of crypto firms, Bitstamp’s acquisition by Ripple and Ledger’s branding crisis.
Stargate community proposes removal of Fantom USDC pool to mitigate risks
So far, a total of 1.7 million verified members of the Stargate community have voted in favor of the proposal.
Nigerian crypto company suspends withdrawals after BTC and naira compromise
Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media.
Cronos Labs launches second cohort of $100M Web3 accelerator
On May 15, the chosen projects commenced the 12-week program after being granted seed funding of $30,000.
No ETH to trade? Ethereum exchange balance drops to a 5-year low
The ETH balance decline began in September 2022, which saw a significant spike in November-December 2022 post-FTX downfall.
RGB protocol may offer solution to Bitcoin’s Ordinals jam, claims proponent
The founder of Digital Bitcoin Art and Assets (DIBA) believes smart contracts on Bitcoin could solve the myriad problems created by Ordinals.
Digital Currency Group to shutter institutional trading unit TradeBlock
Starting from May 31, TradeBlock will commence the official procedure of winding down its operations.
Multichain token plunges 30% on backend upgrade delay
The Multichain protocol’s TVL remains largely unchanged at $1.6 billion despite a large sell-off in the token.
Bitpanda secures licensing agreement with Coinbase as part of strategic partnership
As part of the collaboration, Bitpanda will incorporate Coinbase Exchange into its roster of authorized liquidity providers.