The Web3 investment fund – LongHash Ventures – teamed up with Terraform Labs to establish the LongHashX Accelerator Terra cohort. The join product will aim to reach founders and startups building in the Terra ecosystem. Terra’s Latest Partnership According to a document seen by CryptoPotato, the agreement will bring Terra’s first global accelerator program to...Read More
Dubbed Nexo Prime, the proprietary prime brokerage platform will focus on catering to institutional, corporate, and high-net-worth investors. It aims to provide them with all the tools necessary to trade, borrow, lend, and securely store their digital assets in a single product. Digital Asset Prime Brokerage Unit In a press release shared with CryptoPotato, Kalin...Read More
OpenZeppelin, a security audit company for Coinbase, identified $15B rugpull vulnerabilities in Convex Finance, whose anonymous developers later resolved the risk. The surprising discovery occurred during a security review of the Convex Finance protocol. A Bug Only Exploitable From the Inside The Security Research Team from OpenZeppelin found in late 2021 that a significant bug...Read More
By Muneeb Imtiaz, Senior Product Manager At Coinbase, we’re reimagining the crypto spending and earning experience by building products that are safe, trusted, and easy-to-use. That’s why we’re enhancing Coinbase Card to give customers more flexibility than ever. Through Coinbase Card’s upcoming rotating rewards structure, customers will be able to earn a wider variety of...Read More
The blockchain enterprise Near Protocol has reportedly secured a $350 million fundraiser. The initiative was led by Tiger Global Management – an American investment firm with over $90 billion in assets under management. Cited by Bloomberg, Amos Zhang – a Partner at MetaWeb VC (a company focused on investments that are part of the cryptocurrency...Read More
BlockchainCom launched an asset management service, BCAM, on Wednesday. The new business arm has been created in partnership with Altis Partners, an investment management company with a focus on futures portfolios. The new asset management brand will target “institutional investors, family offices, and high-net-worth individuals,” said a media report. One of the products that BCAM plans...Read More
Litecoin Foundation, a community-run organization, committed to the development and adoption of Litecoin, announced a partnership with the digital currency mining platform AntPool to form LTC Labs. The newly established research laboratory will be dedicated to developing anonymous transactions, decentralized applications, Litecoin-based wallets, and other projects within the Litecoin ecosystem. Also, AntPool promised to donate...Read More
BitPay – a popular cryptocurrency payments provider – has now integrated Bitcoin’s lightning network into its platform. This will allow Bitcoin payments to settle much faster, and cost far less, than ordinary transactions. Lightning Network Effective Immediately The lightning network is a Bitcoin ‘layer 2’ scaling solution that allows individual Bitcoin holders to form private...Read More
For a long time, Ethereum has been struggling to break between the $3,525 and $3,530 resistance levels. In recent days, the altcoin did reach $3,525 and began retracing. The price also fell below the support level of $3,450, $3,420, and $3,400 before dropping below $3,300. At press time ETH price is changing hands at $3,335...Read More
Binance US, the cryptocurrency exchange affiliated with the world’s largest cryptocurrency exchange, is now worth more than $4.5 billion after it raised over $200 million from a mix of VCs and crypto-native firms, including Circle Ventures, VanEck, and Foundation Capital. The newly raised capital will be reportedly used by the exchange to improve its spot...Read More
[PRESS RELEASE – Please Read Disclaimer] Cardano’s multi-chain DEX BashoSwap takes the next step toward interoperability by launching on the Milkmedia sidechain. A testnet of the decentralized exchange will go live soon, and the BASH private sale is on the horizon. Cardano is a robust blockchain ecosystem with an innovative EUTXO model. That model makes...Read More
HSBC, a former cryptocurrency critic, continues with its involvement with the Metaverse after its recent partnership with The Sandbox. The latest initiative will allow certain Hong Kong- and Singapore-based investors to engage with companies focusing on the new emerging trend. Citing a statement from the bank on April 6, Reuters reported that the new funds...Read More
In a bid to restore funds stolen during the recent Ronin bridge attack, Binance revealed that it has led a $150 million funding round of Sky Mavis – the creator of Axie Infinity. As CryptoPotato reported recently, the Ronin bridge – a critical piece of infrastructure for the Axie Infinity ecosystem, was exploited. The attack resulted in...Read More
The Cryptocurrency market is currently facing a bearish blow, but the recent Crypto rally which saw a rally over the last two weeks did bring back positive hope. Along with Bitcoin, Ethereum, and many other Cryptocurrencies, there were many altcoins that saw a pullback. Among those altcoins was Terra (LUNA) which slightly retreated at the...Read More
Another Bored Ape Yacht Club (BAYC) owner has fallen victim to a social engineering attack targeting holders of premium non-fungible tokens (NFTs). In this case, the victim thought they were swapping their reasonably rare Bored Ape and Mutant Apes for other high-value apes only to receive worthless Jpegs in exchange. The incident once again highlights...Read More
With Bitcoin exchange balances at multi-year lows and whale-sized purchases by MacroStrategy and Luna Foundation Guard, this week’s BTC fundamentals are positively bullish signals. Bitcoin Exchange Outflows at Historic Levels Outflows from Bitcoin exchanges this week reached historic levels for the world’s oldest and most sought-after cryptocurrency. In a weekly blockchain insights newsletter Tuesday, on-chain...Read More
After years of bashing the cryptocurrency industry, the Wall Street behemoth has started numerous such initiatives in the past several months. The latest, reported by Bloomberg, reveals the bank’s intentions to roll out OTC ETH options trading due to enhanced client demand. Citing Andrei Kazantsev, Goldman’s head of crypto trading, the coverage informed that the...Read More
The launch date of our brand new crypto app is just around the corner. Arriving this month, the new BitMEX mobile app has been built – and further finessed by our beta testers – to place the functions you need at your fingertips. Acting as a gateway to our expanding ecosystem, our new app will...Read More
According to Sebastien Borget, chief operating officer and co-founder, the firm is planning “aggressive” moves in mergers and acquisitions. The firm has doubled its employee count since last year to 200 and intends to grow even larger in 2022. The Sandbox is looking toward organizations that are “creating compelling metaverse experiences for users,” according to...Read More
We’ve just launched ApeCoin (APE) support, meaning there are now more ways to join the virtual yacht party. In addition to trading our USDT-margined APE contract with up to 33x leverage, users can also deposit and convert APE on BitMEX starting today. It’s just the first of many coins to drop in the lead up...Read More
A quick update that we’ve just listed our new monthly Bitcoin futures contract on BitMEX. XBTK22 started trading at 04:00 UTC on 6 April 2022. Start trading XBTK22 here, or read on to learn more. Our Current Bitcoin Futures Contracts Please see the table below for the listing and settlement dates of our current futures...Read More
On April 4, the billionaire entrepreneur and CEO of Starbucks, Howard Schultz, announced in an Open Forum that the company is planning to enter the NFT business before the end of 2022. This news was confirmed by the company itself a few hours later. Although Schultz did not provide an exact date as to when...Read More
