Coinbase is teaming up with U.S.-based infrastructure provider Transaction Network Services (TNS) to enable faster, more efficient transactions on its derivatives exchange, the companies said Tuesday.

Eleazar Colmenares, the CEO of Cryptobuyer, denied rumors of the exchange closures (despite Cryptobuyer tweeting earlier about the closures), as well as an update from Asonacrip on the states where mining farms have been closed.

Digital asset custody provider Copper has shelved its enterprise business, made staffing cuts, and ended its licensing agreement with global custody bank State Street in a move to streamline the company and focus on core product ClearLoop.

NFTs have become incredibly popular in the world of blockchain technology, and an NFT exchange can be a lucrative opportunity.

As per the latest weekly report from Glassnode, the BTC inflow volumes are now only around $350-$400 million per day. The “exchange inflow” is an indicator that measures the total amount of Bitcoin currently being deposited to centralized exchanges by holders. Its counterpart metric is the “exchange outflow,” and it naturally tracks the volume leaving exchange wallets.

Swyftx, an Australian cryptocurrency platform, recently said it has laid off 90 people, or around 40% of its overall workforce.

Leading global cryptocurrency exchange, Bitget, announces today that it is launching its Proof of Reserves Page, which will demonstrate to users that we are a full-reserve exchange, as supported by its Proof of Reserves (“PoR”), using the cryptographic-audited Merkle tree method, and that users’ assets stored on the platform are safeguarded. (ambcrypto)

Cryptocurrency exchange Huobi announced today the launch of the first national token, Dominica Coin (DMC).

The exchange attributed the difficulties in funds withdrawal to technical issues as it is currently upgrading its internal ledger system and migrating wallet addresses associated with many custodians.

A number of Twitter posts alleged crypto investors in Singapore had turned to Sam Bankman-Fried’s FTX over Binance after the latter withdrew its bid to get regulatory approval in the country last year and was placed on the regulator’s Investor Alert List (IAL).