The annual event organized by Tribeca Productions – Tribeca Film Festival – reportedly inked a deal with the cryptocurrency platform OKX. The agreement (worth tens of millions of dollars) will turn the exchange into one of the largest sponsors. OKX Joins the Movie Industry According to a coverage by the Wall Street Journal, the collaboration...Read More
(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.) Come eat some of these ‘member berries with me. ‘Member when folks used to travel hours per day to...Read More
By Paul Grewal, Chief Legal Officer A couple of weeks ago, a newly required SEC disclosure we made in our 10Q created some noise about how Coinbase holds crypto assets and what could happen in the highly unlikely event of the company’s insolvency. This led to some genuine concern among people who hold crypto assets...Read More
In a first such attempt to counter lobby, the technologists wrote to the US lawmakers terming cryptocurrencies as “risky, flawed, and unproven digital financial instruments.” Counter-lobby Efforts As per the report by Financial Times, the 26 computer scientists and academics, including Harvard lecturer Bruce Schneier, former Microsoft engineer Miguel de Icaza and principal engineer at...Read More
The Solana network is once again experiencing technical difficulties, causing the blockchain to halt block production and transaction processing. After multiple hours, the team has identified the problem and is coordinating a network restart among validators. According to the Solana blockchain explorer Solana Beach, a transaction has not been processed on Solana for 6 hours...Read More
The crypto industry has seen a wave of venture capital firms investing in various assets and blockchain firms since the start of 2021. However, American multinational investment management and financial services company Morgan Stanley believes the amount of crypto VC funding could slow down significantly by year-end as the period of “easy money is over.”...Read More
Imagine waking up and finding out that you’ve lost over 60% of your supposed savings. Last month, Investors lost more than 99% of their savings in the UST-LUNA collapse, which shook the entire Crypto space. Over $800 million worth of cryptocurrency long positions were liquidated in one day. This is due to the selloff caused...Read More
Jesse Powell – CEO of Kraken – explained on Friday why his exchange decided to list Terra 2.0 despite the collapse of the original chain. Many in the crypto community showed skepticism of the move, given Terra’s loss of credibility over the past month. Listing Isn’t Endorsement When questioned about the listing, Powell explained that...Read More
India’s central bank, the Reserve Bank of India (RBI), has said that it would implement its CBDC plans through a graded approach and as per the country’s monetary policy. The introduction of CBDC, scheduled for the current 2022-23 fiscal, will be in sync with the financial stability and currency and payments systems, media reports said,...Read More
[PRESS RELEASE – Please Read Disclaimer] Method, one of the longest-running and most established esports organizations, and Everyrealm, a leader in metaverse innovation and investment, announced today the formation of Method MetaGuild (MMG), a blockchain gaming guild. MMG leverages Method’s 17-year track record of creating competitive esports communities and events, and today counts more than...Read More
After a successful launch and having received amazing feedback from the gaming community across the globe, ADA Demon, an immersive Play-to-Earn game, is hosting the Private Sale of its native token, $AGONY, starting today. And just like the game, $AGONY is going to be a success owing to market-oriented tokenomics governing it that either bypass...Read More
The popular play-to-earn token Axie Infinity (AXS) dropped heavily after a magnificent rally of close to $30 during the last trading day. The asset reached a three-week high but eventually failed to hold the gains and corrected by more than 18.5% since the early trading hours. Moreover, it is currently posing more possibility of a...Read More
Tl;dr: Coinbase commits $1 million for Public Goods through Gitcoin, including $200,000 for upcoming Grants Round 14. Today, Coinbase is pleased to announce its ongoing support of digital public goods — or open-source software supporting open-source protocols — in collaboration with Gitcoin. With this $1 million commitment, Coinbase has committed one of the largest single...Read More
Goldman Sachs is reportedly in talks with the US arm of crypto exchange FTX for potential integration of the latter’s derivative operations. According to Barron’s report, the multinational investment giant aims to integrate derivatives trading services with FTX US, which has been now pushing into stocks, to enable retail investors to trade a more diverse...Read More
Cryptocurrency markets are slowing down their bullish price action, which started on Monday. While Bitcoin and Ethereum stabilize, BTC is holding firm above $31k, and ETH is approaching the $2k level. Unfortunately, Terra Luna’s price suffered significantly today as it dropped by over 20%, currently trading at $7.28 after briefly peaking above $10 yesterday. Binance...Read More
The venture capital and innovation incubator of Binance – Binance Labs – raised $500 million for its first start-up fund and intends to invest the sum into entities part of the Web3 ecosystem. Bullish on the Web3 Universe The multimillion fund was led by the American venture capital firms DST Global and Breyer Capital. Other...Read More
Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31, the self-claimed infamous “Crocodile of Wall Street” couple, were charged with trying to launder funds taken in a massive hack of cryptocurrency exchange Bitfinex in 2016. According to the latest development, though, the two are still negotiating a possible plea deal. Lichtenstein and Morgan were due...Read More
Dawn Fitzpatrick – CEO and CIO at Soros Fund Management – doubled down on her pro-crypto stance, predicting the asset class is “here to stay.” She believes that climate impact will play a vital role in the industry, and as such, Ethereum “is likely to gain some more traction than Bitcoin.” Ethereum to Outperform Bitcoin?...Read More
[PRESS RELEASE – Please Read Disclaimer] Singapore, 1 June, 2022 – Leading global derivatives exchange – Bitget, today announced the appointment of Gracy Chen as Managing Director, who will lead Bitget’s growth strategies as the platform accelerates its global expansion plan. She will also be elevating Bitget’s voice and presence in the broader crypto ecosystem...Read More
Last month, we opened our spot exchange, along with our sweepstakes to win a share of $1,000,000 USD. Since then, we’ve received a tremendous response from our existing users, along with a number of new sign-ups. For some, they’re trading on a crypto spot exchange for the first time and seeking to learn the ins...Read More
As The Merge is set to occur in August, leading Ethereum developer, Tim Beiko announced on Tuesday that the Ropsten Beacon Chain had been launched as a testnet for Ethereum users. Ropsten will be the first longstanding testnet to run through The Merge, which marks the end of the PoW architecture of Ethereum. A Step...Read More
The collapse of the Terra stablecoin posed a number of challenges for stablecoin networks. While some stablecoins have been put to the test after the UST crisis, others have remained consistent. Despite a recent downturn in the market, the TRON (TRX) cryptocurrency has managed to maintain its momentum. The TRX token has risen to the...Read More
A quick update that we’ve just listed our new monthly Bitcoin futures contract on BitMEX. XBTN22 started trading at 04:00 UTC on 1 June 2022.You can start trading XBTN22 here, or read on to learn more. Our Current Bitcoin Futures Contracts For the listing and settlement dates of our current futures contracts, please see the...Read More
New week, new listings. Users will soon be able to trade our new XBT- and USDT-margined Terra Luna 2.0 contracts – all with up to 25x leverage. LUNAUSD and LUNAUSDT will go live on 2 June 2022 at 04:00 UTC, and will be visible on the platform from 1 June 2022 at 04:00 UTC as...Read More
Cryptocurrency markets have been quite volatile since November of 2021. With the prices of various cryptocurrencies rising drastically over Q4 2021 and continuing their bearish momentum for the first half of 2022, there’s no doubt that the volatility has impacted traders’ mental health. However, while most traders and investors can survive a slow and painful...Read More
Renowned luxury brand Prada expands its presence in Web3 with the upcoming launch of a new NFT Collection. It will correspond to the series of physical shirts that have been on sale since December 2019. One Shirt, One NFT According to the company’s website, the 100 Ethereum-based NFTs are a corresponding supplement to the physical...Read More
