Binance, the world’s leading crypto exchange by trading volume, appears to have spun off its venture capital and incubation arm, Binance Labs, as indicated on the latter’s website. This move occurred earlier this year, marking a significant development during CEO Richard Teng’s four-month tenure. Binance Labs Distances From Binance Binance Labs’s website now clearly states...Read More
The encrypted Ethereum layer 2 network, TEN (aka The Encrypted Network), has announced the completion of a $9 million funding round led by the banking consortium R3. TEN is a layer 2 rollup platform targeting encryption, MEV prevention, scalability, and gas efficiency. It’s said to offer “a balance between Optimistic-based L2s and ZK-Rollups.” Using encryption,...Read More
Paul Grewal, the Chief Legal Officer at Coinbase, has come forward to criticize a letter written by two U.S. senators urging the Securities and Exchange Commission (SEC) to impose stricter regulations on Bitcoin exchange-traded funds and refrain from approving any further cryptocurrency ETF applications. In a March 15 X thread, he challenges the assertions of...Read More
Amidst a slight downturn in the market over the last 24 hours, Furrever Token (FURR) emerges as a beacon of opportunity, having successfully concluded its first presale stage in record time. Despite the temporary setback in the broader crypto landscape, FURR’s achievement underscores its resilience and growing investor confidence. Alongside Solana (SOL) and Shiba Inu...Read More
Crypto industry veterans and investors are debating whether Bitcoin (BTC) or MicroStrategy (MSTR) is a better buy following several weeks of stellar performance for both assets. Since the start of the year, Bitcoin has rallied 54% on the back of massive demand for newly launched Bitcoin ETFs, whose shares have appreciated at the same rate...Read More
Renowned American author and businessman Robert Kiyosaki has once again expressed his support for Bitcoin (BTC), praising its superiority over traditional assets like gold, silver, and oil. In a recent tweet, Kiyosaki elaborated on why he believes Bitcoin stands out among these assets. Bitcoin’s Fixed Supply Advantage Acknowledging his ownership of gold and silver mines...Read More
American investment management firm VanEck thinks spot Ethereum exchange-traded funds (ETFs) could become bigger than similar Bitcoin products after the United States Securities and Exchange Commission (SEC) eventually approves them in the coming months. In a recent interview, Pranav Kanade, portfolio manager of VanEck, one of the issuers of the spot Bitcoin ETFs launched in...Read More
[PRESS RELEASE – Zug, Switzerland, March 15th, 2024] Aleph Zero, a leading privacy-enhancing Layer 1 blockchain, is partnering with Techstars, the most active pre-seed investor in the world, as an Innovation Member for the Techstars Web3 Accelerator’s class of 2024. Techstars Web3 Accelerator works with entrepreneurs building web3 and enabling the next wave of growth...Read More
Lookonchain has illustrated on X the investment of 50 SOL by a user in the presale of the meme token BOOK OF MEME (BOME), resulting in a return of 767 SOL, equivalent to around $123,000. The post highlights the success of a trader known as Shatter.sol, who capitalized on the explosive growth of the BOME...Read More
[PRESS RELEASE – Road Town, BVI, March 15th, 2024] Quantitative hedge fund offers diverse range of SIPs catering to various investor preferences NAV, a leading quantitative hedge fund, is making waves in the DeFi space with its extensive suite of Structured Investment Products (SIPs). These cutting-edge investment vehicles are designed to cater to a wide...Read More
[PRESS RELEASE – London, United Kingdom, March 15th, 2024] With over $11.5 million already raised in under 30 days, Bitcoin Dogs’ buying is now entering its final 24 hours of its presale. News of the first ICO on the Bitcoin Blockchain have been circulating online, resulting in extensive coverage in the media, and with both...Read More
[PRESS RELEASE – Hong Kong, China, March 15th, 2024] Web3 Harbour, a nonprofit industry association for the advancement of a decentralized internet and economy, and Invest Hong Kong (InvestHK), the government department responsible for foreign direct investments into Hong Kong, today announced Blocktober #24, a first of its kind strategic public-private collaboration that will bring three...Read More
The volume of daily large transactions on decentralized, open-source Proof-of-Stake blockchain Avalanche has surged to its highest since December 2023, as the network’s native token, AVAX, reached levels not seen since May 2022. According to a tweet from crypto market intelligence platform IntoTheBlock, Avalanche’s daily large transaction volume hit $329 million on Monday, March 11,...Read More
One of the simplest and most profitable crypto arbitrage strategies is to earn the basis between spot and futures contracts – also known as basis trading. This article provides step-by-step instructions on how to basis trade with crypto futures and spot, using Bitcoin and BitMEX futures contracts. Back to Basics Before diving into the basics...Read More
