Synthetix takes on counterparty risks with Infinex derivatives exchange

The upcoming exchange will cater to novice and experienced traders by offering features similar to centralized exchanges.

Synthetix takes on counterparty risks with Infinex derivatives exchange

Decentralized finance protocol Synthetix is preparing to expand its range of affiliated products. Synthetix founder Kain Warwick revealed intentions to introduce a new deriva...

1 year ago

Celo blockchain proposes return to Ethereum ecosystem, transition to L2

According to cLabs, the Celo transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain.

Celo blockchain proposes return to Ethereum ecosystem, transition to L2

CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 block...

1 year ago

US ‘dominates’ crypto startup funding in Q2: Report

United States-based crypto startups attracted 45% of all venture capital funding invested in the crypto industry, followed by the United Kingdom (7.7%) and Singapore (5.7%).

US ‘dominates’ crypto startup funding in Q2: Report

Despite facing regulatory scrutiny in the United States, crypto firms continue to innovate, with nearly half of all capital investments flowing toward U.S. crypto businesses, according to a rece...

1 year ago

Ripple decision is ‘troublesome on multiple fronts,’ says former SEC official

John Reed Stark, a former attorney in the Securities and Exchange Commission’s Enforcement Division, says the ruling in favor of Ripple Labs “resides on shaky ground.”

Ripple decision is ‘troublesome on multiple fronts,’ says former SEC official

Former Securities and Exchange Commission official John Reed Stark spoke out against the recent ruling on Ripple Lab’s case, calling the decision “troublesome on multiple f...

1 year ago

Stablecoin Market Cap Shrink Could Be a Sign That Crypto in Recovery Phase

The total stablecoin market cap has been steadily declining as one dominant market player emerges

Stablecoin Market Cap Shrink Could Be a Sign That Crypto in Recovery Phase

Stablecoin supplies have been in decline on aggregate since April 2022. The shrinking market for stablecoins could be a lagging indicator of market recovery, according to analysts.

1 year ago

Brazil’s blockchain based football academy Blockchain Sports to offset CO2 emissions with Carbify

The time to save our planet is now, says CEO Yevgenij Yurstev, as he outlines a greener strategy.

Brazil’s blockchain based football academy Blockchain Sports to offset CO2 emissions with Carbify

As the sports industry continues to address its role in the climate crisis, Brazil’s first blockchain based football academy called Blockchain Sports is set to become an entirely carbon ne...

1 year ago

XRP Overtakes BNB to Become 4th Largest Cryptocurrency; Funding Rates Surge

XRP's market capitalisation surged by more than 60% to $41.44 billion in the past 24 hours.

XRP Overtakes BNB to Become 4th Largest Cryptocurrency; Funding Rates Surge

Payments-focused cryptocurrency XRP has surpassed BNB token to become the world's four-largest digital asset by market cap. As of writing, XRP boasted a market cap of $41...

1 year ago

Alex Mashinsky Released on $40 Million Bond, Denies Fraud Accusations (Report)

Despite being pressed from all sides, Mashinsky managed to evade his stay in a correctional facility (at least for now).

Alex Mashinsky Released on $40 Million Bond, Denies Fraud Accusations (Report)

The co-founder and former CEO of Celsius Network – Alex Mashinsky – has reportedly pleaded not guilty to the allegations that he and his entity defrauded customers over the years and...

1 year ago

Bitcoin ETF is the needed ‘seal of approval’ for BTC — Mike Novogratz

The Galaxy Digital founder believes approval of a spot Bitcoin ETF would essentially be a United States regulator and government nod for Bitcoin.

Bitcoin ETF is the needed ‘seal of approval’ for BTC — Mike Novogratz

The approval of a spot Bitcoin BTC $31,216 exchange-traded fund (ETF) would equate to a “seal of approval” for Bitcoin from the United States government and its securi...

1 year ago

PwC hedge fund survey finds crypto remains viable despite recent market turmoil

The portion of traditional hedge funds investing in crypto fell, but many of those still in the market plan to increase crypto investing this year.

PwC hedge fund survey finds crypto remains viable despite recent market turmoil

PwC released its fifth annual global crypto hedge fund report on July 12 based on surveys of crypto-native and traditional hedge funds conducted in the first quarter of 2023. Against the backdro...

1 year ago

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