Institutional cryptocurrency exchange LMAX has announced a partnership with Swiss financial services group SIX to launch cash-settled, centrally cleared crypto-asset futures. With the increasing institutional adoption of crypto trading, LMAX Group CEO David Mercer reveals that the company will complete its offering by adding digital asset futures to its portfolio through the latest partnership. LMAX-SIX’s...Read More
The San Francisco-based crypto exchange – Coinbase – announced that users can now take advantage of the new feature to fund their non-custodial Coinbase Wallet easier than before. The Newest Product As part of its mission to make cryptocurrency products accessible to the broad public, Coinbase introduced Coinbase Pay. The company explained that the solution...Read More
The European Supervisory Authorities – the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), the European Insurance and Occupational Pensions Authority (EIOPA) – issued a warning to investors about cryptocurrencies, deeming the asset class as “highly risky and speculative” in nature. The ESAs Ask Consumers to Make Informed Decisions The warning comes...Read More
Dominic Williams, the founder of Dfinity Foundation, proposed a way that blockchain and smart contracts can potentially help by getting millions of Russians to watch an entire informational video(s) about the ongoing war. The exec stated that the proposal is made in a personal capacity rather than as an employee of the decentralized blockchain project....Read More
Rep. Tom Emmer of Minnesota’s 6th district recently sent a letter to Gary Gensler – Chairman of the Securities and Exchange Commission (SEC) – with critical questions about the authority’s crypto industry reporting requirements. The letter is written on behalf of multiple blockchain firms that claim these requirements – framed as “requests” – aren’t exactly...Read More
The cryptosphere’s yearn for a bull run, now finds possibilities, as the industry tends to recover from its setbacks. Wherefore, investors now eye on the star crypto Bitcoin, in hope of it retracing its path to the bulls. Successively, folks from the crypto town are analyzing the foot movements of Bitcoin and its price projections...Read More
Earlier this week, the President of the Chechen Republic – Ramzan Kadyrov – advised Elon Musk not to measure his strength against Vladimir Putin. Kadyrov went further, ironically calling Tesla’s CEO – Elona (the female version of his name). As it goes with the nature of the crypto community, scammers created over 30 tokens containing...Read More
Coinbase Wallet browser extension now offers support for sending, receiving, and storing Solana and SPL tokens By Adam Zadikoff, Senior Product Manager Making web3 more user-friendly means more ways to interact and connect with dapps across a wide range of blockchains and networks. Today, we’re introducing our initial phase of support for Solana. Users can...Read More
ApeCoin is the latest cryptocurrency released by Yuga Labs to build an ecosystem around the Bored Ape Yach Club NFT collection. After numerous articles published on major publications like The Verge and Tech Crunch hyping the release of the token, ApeCoin lost more than half its value within 30 minutes of being listed on CoinMarketCap....Read More
Ripple’s Director of Developer Relations – Matt Hamilton – announced his departure due to personal issues. On the other hand, the blockchain firm appointed Michael Warren as the newest member of its Board of Directors. The American has previously served as Senior Advisor in the White House during the Obama administration. Hiring Former White House...Read More
[PRESS RELEASE – Please Read Disclaimer] With the birth and rapid growth of decentralized exchanges, distributing the control, power, and responsibility from centralized entities to the end-user, countless projects opted to have their native cryptocurrencies added on such DEXes. The latest to engage in such an endeavor is the popular crypto casino – BetFury. The...Read More
Examining crypto’s usage in Ukraine, sanctions, and the Biden Executive Order Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey There’s a gravitational shift taking place within our industry. Since Russia’s shocking invasion of Ukraine, crypto has been: used to crowdfund tens of millions for the Ukrainian...Read More
Canada’s central bank collaborated with the Massachusetts Institute of Technology (MIT) to launch a twelve-month research project on central bank digital currency (CBDC). The study will inform the financial institution about the product’s potential merits and its possible implementation in the monetary network. Bank of Canada Catches the CBDC Wave According to a recent announcement,...Read More
The latest Arab nation to open its arms to Binance is Dubai, however, crypto trading on the world’s largest exchange won’t be for everyone. The company stated that the virtual asset license permits it to extend “limited exchange products and services” to approved investors and professional financial service providers. The license enables Binance to operate...Read More
The team behind the Bored Ape Yacht Club outlined plans to launch a new native token, ApeCoin, which will be distributed among owners of such NFTs. Shortly after the announcement, the floor price for BAYC NFTs skyrocketed to above 100 ETH. ApeCoin (APE) was announced yesterday, and the team described it as a “token for...Read More
The global cryptocurrency market has gained traction in the last 24 hours, with no recent bearishness, breaking the recent trend. The worldwide cryptocurrency market has continued to rise, with gains of 5 percent in the last 24 hours. BTC is currently near the upper confines of the $33,000-$44,000 band that it has been trading inside...Read More
A quick update that on 25 March 2022 at 12:00:05 UTC, BitMEX will update the Index Multipliers of our basket indices. The Index Multipliers will be scaled based on the Conditional Index Multipliers below to ensure that the index price has the same value as the previous Index Multipliers. Please refer to the respective index...Read More
According to U.S. trademark attorney Josh Gerben, on March 14, singer and businesswoman Rihanna filed a new batch of trademark applications to offer her company’s cosmetics and products in a “virtual” format in the metaverse. In this way, Rihana would be following many celebrities’ footsteps and recognized brands in the fashion world, such as L’Oréal...Read More
