Day: 23 April 2025

Symbiotic, a decentralised finance (DeFi) protocol, has secured $29 million in a funding round led by Paradigm and cyber.Fund. Other notable investors include Robert Leshner, founder of Compound, and Sreeram Kannan, founder of EigenLayer. The funding aims to support the development of Symbiotic’s universal coordination layer for permissionless restaking, a ...

Coinbase has announced its expansion into Charlotte, North Carolina, with plans to hire over 130 employees. A company spokesperson confirmed the move, emphasizing Charlotte's growing importance as a fintech and compliance hub. The new hires will fill compliance and customer support roles over the next six months. Coinbase's spokesperson noted ...

Zug, Switzerland, 23rd April 2025, Chainwire

Belize, Belize, 23rd April 2025, Chainwire

Crypto exchange MEXC has revealed that airdrop campaigns are becoming a powerful tool for user acquisition, contributing to as much as 35% of new signups during peak periods, according to its latest research report. The findings highlight the evolving role of airdrops—not just as promotional strategies, but as effective entry ...

The likelihood of Jerome Powell being removed as Federal Reserve Chair before his term ends in 2026 has dropped sharply, following a reassuring statement from U.S. President Donald Trump. According to decentralized prediction platform Polymarket, odds of Powell’s early exit have declined to 14%, down nine percentage points within 24 ...

In a move aimed at aligning with South Africa's tightening crypto regulations, Binance has announced that it will soon require more detailed sender and receiver information for all crypto deposits and withdrawals on its platform. Starting April 30, users in South Africa will be prompted to provide specific details before ...

Trump Media & Technology Group, the parent company of Truth Social, is stepping further into the world of digital finance with a bold new initiative in partnership with crypto exchange Crypto.com and asset manager Yorkville America Digital. According to a statement by Trump Media on April 22, the three entities ...

Coinbase’s Chief Legal Officer (CLO), Paul Grewal, recently emphasized the critical role blockchain transparency plays in supporting law enforcement efforts to fight the rising tide of street-level digital crimes. As criminals increasingly target mobile devices rather than traditional cash or cards, the crypto exchange is leveraging blockchain’s inherent traceability to ...

In a significant legal win for Australia’s crypto and fintech industry, the Federal Court has overturned a previous ruling that required digital finance firm Block Earner to obtain a financial services license for its discontinued fixed-yield crypto product. The latest decision, handed down by Justices David O’Callaghan, Wendy Abraham, and ...