(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) I am an arbitrage trader at heart. In May 2013 brimming with my experience as a delta one trader,...Read More
Aave, the third-largest non-custodial lending protocol, is taking a multi-market approach and exploring scalability solutions in a project called “New Frontiers.” Aave is now exploring Polygon (formerly known as Matic), an Ethereum layer 2 protocol that enhances scalability using an adapted version of the Plasma framework. The Polygon sidechain system will be the first to...Read More
Tether Holdings Limited, the company behind Tether (USDT), has published a testimony yesterday from an insurance company that claims the stablecoin is “fully backed” but without disclosing what kind of assets are backing up the currency. Moore Cayman, an insurance company located in the Cayman Islands, testified for Tether, stating that the stablecoin is fully...Read More
Shortly after announcing plans to enable its institutional customers access to the first-ever cryptocurrency, Morgan Stanley has doubled down by filing documents with the SEC to allow 12 of its funds to gain BTC exposure through the Grayscale’s Bitcoin Trust or cash-settled futures. CryptoPotato reported back in February that a unit of Morgan Stanley Investment...Read More
[PRESS RELEASE – Limassol, Cyprus, 1st April, 2021, Chainwire] Blockchain-based casino Playza has launched on the TRON network. Playza offers a fair and transparent online gaming experience for crypto users in eligible jurisdictions, with a range of traditional casino games available. There will be no sign-ups, withdrawals or deposits and no forms to fill out....Read More
[PRESS RELEASE – Please Read Disclaimer] [Hong Kong/April 1st, 2021] – as.exchange, the innovative derivatives exchange, today announces the launch of a peer-to-peer (P2P) trading feature on its platform with the purpose of empowering users to buy and sell cryptocurrency from one another, making trading easier than ever before. By facilitating secure direct fiat-to-crypto and...Read More
[Press Release – London, England, 1st April, 2021] Reef Finance, the universal DeFi liquidity aggregator, has launched the V1 testnet of Reef Chain, dubbed Maldives. The release marks the first time that developers and users can take the Reef platform for a spin, allowing them to test and deploy smart contracts built in Solidity, the...Read More
In another whopping purchase, Justin Sun, the founder of one of the largest blockchain-based projects, TRON, and the CEO of BitTorrent, has bought Picasso’s “Femme nue couchée au collier” for $20 million. Besides that, he has also bought “Three self portraits” by Andy Warhol for $2 million, and he plans to tokenize both and launch...Read More
A recent filing with the US Securities and Exchange Commission indicated that the world’s largest asset manager has indeed “started to dabble” with the primary cryptocurrency by purchasing a portion of CME’s March 2021 BTC futures that expired on March 26th. The Wall Street behemoth has expressed a pro-cryptocurrency approach for the past several months...Read More
The gaming-focused blockchain platform Enjin has raised almost $19 million to develop a next-generation blockchain on Polkadot for non-fungible tokens. In a March 31 announcement, Enjin introduced Efinity, a next-generation blockchain built for NFTs on the Polkadot ecosystem. The firm raised $18.9 million to finance the new venture in a round led by Crypto.com Capital,...Read More
