Theo, an on-chain trading infrastructure provider, has raised $20 million from prominent investors like Citadel, Jane Street, and JPMorgan to expand its institutional-grade platform for retail traders. This investment aims to democratize access to advanced trading strategies and bridge the gap between institutional finance and retail participation in the crypto market.
Author: Bruno
Axiym Leverages Avalanche for Streamlined Money Services
Dubai-based Axiym is utilizing the Avalanche blockchain to revolutionize cross-border payments for money services businesses (MSBs), processing over $132 million in cumulative volume.
SEC Delays Decision on Polkadot ETF: What You Need to Know
The SEC has postponed its decision on the Grayscale Polkadot Trust ETF until June 11. This delay impacts the potential for a Polkadot (DOT) ETF to be listed on US exchanges and joins a growing list of altcoin ETFs awaiting approval.
The Hidden Risks of Updatable Firmware in Crypto Hardware Wallets
Explore the security risks associated with updatable firmware in crypto hardware wallets, including potential backdoors, vulnerabilities, and the importance of user control for safeguarding crypto assets.
Upbit and Bithumb Suspend Synthetix (SNX) Deposits Amid sUSD Depeg Concerns: A Comprehensive Overview
Leading South Korean crypto exchanges Upbit and Bithumb have halted deposits for Synthetix (SNX) tokens due to concerns raised by DAXA regarding the sUSD stablecoin’s depeg. This article provides a detailed analysis of the situation, potential implications, and Synthetix’s response.