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Ostium Integrates Offchain Liquidity for Institutions

Ostium Integrates Offchain Liquidity for Institutions 1

Ostium Enhances Decentralized Execution Layer with Off-Chain Institutional Liquidity Ostium, a decentralized perpetuals exchange, has announced a significant upgrade to its backend infrastructure, aiming to provide on-chain traders with access to off-chain liquidity. This development positions Ostium as a “decentralized…

Amboss Launches RailsX for Lightning Trading

Amboss Launches RailsX for Lightning Trading 9

Amboss Technologies has introduced RailsX, a peer-to-peer trading platform operating on the Lightning Network, designed for the self-custodial exchange of Bitcoin against stablecoins. The platform facilitates trades between Bitcoin and stablecoins, specifically USDT-L and USDC-L, which are issued by Speed…

HK regulators flag fake HSBC stablecoins

HK regulators flag fake HSBC stablecoins 11

The Hong Kong Monetary Authority (HKMA) has issued a public caution regarding fraudulent stablecoins that are falsely associating themselves with licensed entities. The warning specifically addresses tokens identified as “HKDAP” and “HSBC,” which have appeared in the market but are…

Canada Proposes Ban on Crypto ATMs Amid Fraud Concerns

Canada Proposes Ban on Crypto ATMs Amid Fraud Concerns 15

The Canadian federal government has announced its intention to ban cryptocurrency ATMs, classifying them as a significant conduit for fraudulent activities and money laundering. This proposed measure was detailed in the nation’s spring economic update, signaling a robust move towards…

Robinhood Earnings Sink, Stock Drops Sharply

Robinhood Earnings Sink, Stock Drops Sharply 19

Robinhood (NASDAQ: HOOD) experienced a significant after-hours drop of 7%, following a softer trading session where shares already declined by 2.2%. This sharp movement came on the heels of a Q1 earnings report that missed analyst expectations, painting a less-than-ideal…