The emergent NFT marketplace Blur may have raised an open battle against the once-market leader, but the latter appears to be making a comeback, albeit slowly. According to Dune Analytics data compiled by sealaunch.xyz, the percentage of unique users on OpenSea saw an uptick since taking a plunge in mid-February. Simultaneously, it was found that...Read More
Coinbase acquired One River Digital Asset Management (an investment manager that provides institutional clients with exposure to cryptocurrencies) without disclosing the terms and the sum of the agreement. The deal comes a few weeks after the two entities rolled out a separately managed account (SMA) platform for wealth management firms. Greg Tusar – Coinbase’s head...Read More
Investing in cryptocurrency can be a life-changing investment decision if you invest in the right digital assets. Some crypto assets are depreciating alarmingly while some are performing well in the industry. Collateral Network (COLT), Astar (ASTR), and SafePal (SFP) are some of the crypto assets worthy of investors’ consideration, thanks to their recent appreciation. Collateral...Read More
In a post-FTX world, it’s really hard being a crypto executive. Not only are your bags empty and revenues down, but you also have United States financial regulators breathing down your neck with subpoenas one day, and lawsuits the next. It’s understandable, then, why industry leaders like Brian Armstrong may wish to present themselves to...Read More
The Colorado-based bitcoin miner – Riot Blockchain – reported a total revenue of nearly $260 million for 2022, a 22% increase compared to 2021. It mined 5,554 BTC and boosted its hash rate capacity to an all-time high of 9.7 EH/s. The positive results come in spite of the devastating bear market that reigned during...Read More
The London-based fintech company that allows cryptocurrency trading – Revolut – saw a 33% spike in its revenue in 2022, said the firm’s CFO. Its positive results come in spite of the crypto market decline last year and the overall unfavorable macroeconomic conditions. A ‘Strong Momentum’ Mikko Salovaara – Revolut’s CFO – revealed to Reuters that...Read More
TMS Network (TMSN) is a trading platform that solves existing trading issues, like excessive centralization, slow transaction times, low return on investment, high fees, and less transparency. Due to such revolutionary and real-world utility, TMS Network’s (TMSN) presale has achieved many milestones. It has raised a whopping $500k in just two weeks of its launch....Read More
Chapter 16 of the book Reckless: The Story Of Cryptocurrency Interest Rates is published below. The full book is available on Amazon. The book was written before the bankruptcy of FTX and therefore does not include coverage of this event. However, the book does provide useful commentary in the run up to the failure of FTX, which provides...Read More
