A digital Euro CBDC will be “designed for making payments, not for investment,” explained Ulrich Bindseil, Jürgen Schaaf, and Executive Board member Piero Cipollone in a blog post on Feb. 19. They added that many banks worry their customers might withdraw deposits to hold digital Euros instead. “These fears are misplaced,” they stated. The ECB...Read More
In a recent development that’s making headlines, a complete set of 10 Autoglyphs has been acquired for 5,000 ETH, equivalent to approximately $14.6 million. This sale marks the highest NFT sale in the past two years and stands as the fifth-largest purchase on-chain, setting a new benchmark for the value of blockchain-based artworks. The Collection...Read More
[PRESS RELEASE – Singapore, Singapore, February 20th, 2024] ZeroLend, one of the fastest-growing DeFi protocols in 2024 is set to launch its native governance token ZERO in Q1 2024. Securing 3 million USD at a 25 million valuation, ZeroLend announces the successful closure of its Seed Round, with the Private Round rapidly filling up. Currently...Read More
[PRESS RELEASE – San Francisco, US/California, February 20th, 2024] The leading modular layer 2 blockchain for real-world assets (RWAs), Plume Network, has announced its official ecosystem map of RWA and infrastructure projects, setting the stage for unprecedented modular RWA adoption in web3. This deep array of technical, infrastructure, and compliance providers integrates seamlessly into Plume’s...Read More
[PRESS RELEASE – Palo Alto, United States of America, February 20th, 2024] The joint organizers behind the first annual global Sui conference, Sui Basecamp, today announced the initial wave of confirmed speakers for the Parisian event taking place on April 10 and 11, 2024. Sui Basecamp is a celebration of the developers and entrepreneurs building...Read More
An early investment in Worldcoin by the defunct crypto hedge fund Three Arrows Capital, otherwise known as 3AC, may prove profitable for creditors as the former’s token WLD recently reached a new all-time high (ATH), soaring nearly 200% in the last seven days. 3AC’s crypto portfolio currently holds 75 million WLD coins, making the company...Read More
Spot Bitcoin exchange-traded funds (ETFs) have seen steady inflows in the past week, surpassing any other exchange-traded products (ETPs) among the 3,400 trading in the United States. Analysts at crypto exchange Bitfinex revealed in the new Bitfinex Alpha report that the ETFs recorded net positive inflows exceeding $2.2 billion for the second consecutive week between...Read More
With spot Bitcoin ETFs being all the rage, South Korea’s opposing party has a new trick in hand to garner support from the masses ahead of the general election on April 10. According to reports from local news media on Tuesday, the Democratic Party of South Korea is advocating for allowing local citizens to invest...Read More
[PRESS RELEASE – Paris, France, February 20th, 2024] We’re thrilled to announce the return of the highly anticipated Startup Competition at Paris Blockchain Week. With a staggering array of prizes totaling over $10 million, encompassing funding, grants, credits, accelerations, listing, and more, this competition has become a cornerstone event within the blockchain startup ecosystem. Partners...Read More
Web3 infrastructure development firm COTI announced the successful demonstration of garbled circuits on the blockchain ahead of its privacy-centric Ethereum-based layer-2 network COTI V2 launch in April. According to a press release sent to CryptoPotato, COTI deployed the Garbled Circuits in collaboration with its partner Soda Labs, creating a mechanism that performs the computations using...Read More
[PRESS RELEASE – Saint Vincent, the Grenadines, February 20th, 2024] ApeX Protocol, one of the leading permissionless and non-custodial derivatives decentralized exchanges (DEX), proudly announces its latest integration with Alertatron, an automated algorithmic trading platform for digital asset markets. The collaboration enables traders on ApeX to access a wide range of advanced trading tools, catering...Read More
Bitcoin climbed above $52,000 last week, a level not seen since December 2021, catapulting the collective crypto market cap to an astonishing $2 trillion. Several altcoins have reacted positively to this uptrend, closely following the trail of the leading crypto asset. A prominent metric indicates a higher-than-average risk associated with purchasing or initiating new positions...Read More
The crypto markets appear to be trading within equilibrium as the Bitcoin price remains stuck within a range. While bulls are not able to reclaim the levels above $52,000, bears also do not appear to be capable enough to drag the levels below $51,000. However, Star Crypto is about to end this indecisive phase soon,...Read More
STRKUSDT, our second listing featuring STRK – an L2 Validity-Rollup on Ethereum, will be available to trade on BitMEX, with up to 10x leverage later this week. You can already trade STRKUSDTG24 – our Starknet pre-IEO futures contract margined in Tether here. For a deeper look at our new Starknet listing, read on.If you haven’t...Read More
Renowned crypto analyst Michaël van de Poppe has made a bullish prediction for Ethereum, suggesting that it could soar to $4,500. Van de Poppe believes Ethereum is soaking up Bitcoin’s upward momentum as investment capital shifts to ETH. According to the analyst, this is a “massive period to be rotating from Bitcoin towards Ethereum.” #Ethereum...Read More
ETH has been one of the best-performing assets lately, witnessing a remarkable surge above $2,900 as it reached its highest point in almost two years. Currently, Ethereum futures traders appear to be increasingly confident about the leading altcoin’s trajectory. This was evident by the significant surge in open interest which reached its peak to levels...Read More
[PRESS RELEASE – Kingstown, St Vincent and the Grenadines, February 19th, 2024] Minutes Network, the world’s only blockchain-based, distributed, and decentralized voice carrier, has declared its plan to onboard over 1.2 billion users over the next two years. The key to this expansion plan is the proprietary Rapid Growth Library (MRGL) which enables rapid user...Read More
Amidst a meaningful market recovery, digital asset investment products welcomed a record weekly inflows of $2.45 billion. This pushed year-to-date inflows to now at an impressive $5.2 billion. These numbers, combined with recent favorable price trends, have pushed the total assets under management (AuM) to $67 billion, the highest level since December 2021. Solana Faces...Read More
