(Any views expressed here 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.) I rounded out my northern hemispheric summer holiday by flipping the script and travelling to the southern hemisphere to ski for...Read More
The bankrupt cryptocurrency lender Celsius Network has released its first status report on creditor distributions, revealing that affected parties have received over $2.53 billion in liquid crypto and cash. According to a filing with the United States Bankruptcy Court for the Southern District of New York, the $2.53 billion in crypto and cash was distributed...Read More
Litecoin’s value has plummeted by 36% since peaking on April 1st. The crypto asset hasn’t been generating much buzz on social forums either, as per latest data. Meanwhile, a certain cohort of small LTC holders have been quietly exiting the market. However, this has ignited interest in a potential bullish reversal shortly. According to Santiment’s...Read More
The Telegram Open Network Society has one clear message: free Pavel Durov. Durov, the co-founder of Telegram, was arrested at Le Bourget Airport on August 24, sparking widespread concern. But what does this mean for the rest of us? Standing Up for Freedom Imagine waking up to find one of the champions of free speech...Read More
Maker, one of the first and largest DeFi lending protocols on Ethereum, has rebranded to “Sky” following key upgrades to its decentralized stablecoin system. That stablecoin, previously known as DAI, has also rebranded to USDS, and the MKR governance token has been changed to SKY. From MKR to SKY: What’s New? As announced over Twitter...Read More
[PRESS RELEASE – Singapore, Singapore, August 28th, 2024] The decentralized derivatives trading platform ELFi Protocol has recently launched a liquidation subsidy program. Prior to September 15th, 2024, 0:00 UTC, users who conduct contract trading on the ELFi Protocol and accumulate a trading volume of no less than 1,000 USDC equivalent will be eligible to receive...Read More
[PRESS RELEASE – Kingstown, Saint Vincent and the Grenadines, August 27th, 2024] Minutes Network Token team are pleased to announce two new initiatives that significantly upweight their Node holder rewards program. First, the share of Epoch rewards allocated to Node holders has been increased from 60% to 70%, and this additional 10% is excluded from...Read More
Bitcoin’s correlation with the U.S. equities market has been rising for more than a month, as seen in the collective plunge and rally across different asset classes during the Japanese yen crisis earlier this month and the Federal Reserve’s statements at the Jackson Hole symposium last week. According to the recent edition of the Bitfinex...Read More
[PRESS RELEASE – Road Town, British Virgin Islands, August 27th, 2024] Legion plans to become one of the first MiCA-compliant CASPs and bring access to early fundraising and token offerings to non-accredited investors. Today, Legion emerges to mark a new era of merit-based on-chain fundraising. According to the team, Initial Coin Offerings (ICOs) revolutionized how...Read More
[PRESS RELEASE – Singapore, Singapore, August 27th, 2024] RepubliK has announced the launch of Creator STOX on the STOX Market, a platform transforming social media monetization and valuation by opening avenues of direct value streams for individual content creators and influencers. The STOX Market enables individuals to directly support and be rewarded for the success...Read More
Several French government websites have been taken offline due to a denial-of-service (DDoS) attack reportedly connected to different hacker groups in retaliation for Telegram founder Pavel Durov’s arrest on the weekend. The 39-year-old exec was taken into custody under an arrest warrant alleging that his platform has been involved in money laundering, drug trafficking, and...Read More
Spot Bitcoin ETFs in the US saw an aggregate inflow of $202.6 million on Monday, Aug. 26, according to preliminary data from Farside Investors. This marks the second-largest day of inflows for the month and the eighth consecutive day in green for the investment products. Additionally, 12 of the past 14 trading days have seen...Read More
Polygon, a leading Layer 2 (L2) project on Ethereum, announced that on 4 September 2024, POL will replace MATIC as the native gas and staking token for the network’s Proof of Stake (PoS) chain. BitMEX will support the migrated POL token on Polygon and deprecate its support of MATIC and POL on Ethereum (ERC-20). Given...Read More
On Aug. 27, on-chain analytics provider Santiment reported that Bitcoin’s recent “mild” price drop was enough to cause a larger decline in total open interest on exchanges. However, OI for Ethereum and Solana has barely declined, it added. Open interest is a measure of the number or value of crypto derivatives contracts that have yet...Read More
A new listing – DOGSUSDT – the TON meme coin, is now available to trade on BitMEX, with up to 50x leverage. Trading started here at 04:00 UTC on 27 August 2024. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you...Read More
