Aave Rebrands to Avara, Announces Latest Acquisition in Web3

Aave has announced its rebranding to Avara and the acquisition of Los Feliz Engineering, a Los Angeles-based web3 startup.

Aave Rebrands to Avara, Announces Latest Acquisition in Web3

Los Feliz Engineering, the acquired startup, is recognized for its development of the self-custody Ethereum wallet Family and the developer library ConnectKit. This acquisition brings Family and...

10 months ago

Turkey mulls addressing licensing and taxation in new crypto rule

Bora Erdamar from BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse.

Turkey mulls addressing licensing and taxation in new crypto rule

Turkey is reportedly considering regulations for its crypto market, focusing on licensing and taxation. The aim is to remove the country from the “gray list” of an international fina...

10 months ago

South Korea's Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.

South Korea's Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

South Korean pension fund, National Pension Service (NPS), bought nearly $20 million worth of Coinbase (COIN) shares in the third quarter, local outlet News1 reported, citing the NPS&r...

10 months ago

SEC Delays Decision on HashDex Bitcoin Spot ETF Application, Grayscale Ether Futures Filing

Franklin Templeton also has an outstanding bitcoin ETF application with a Nov. 17 decision deadline.

SEC Delays Decision on HashDex Bitcoin Spot ETF Application, Grayscale Ether Futures Filing

The U.S. Securities and Exchange Commission (SEC) is delaying a decision on an application by Hashdex to convert its existing bitcoin futures exchange-traded fund (ETF) into a spot veh...

10 months ago

Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator

Blockchain infrastructure firm Paxos has obtained a preliminary license from the Monetary Authority of Singapore (MAS) for its new entity.

Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator

With the in-principal approval, Paxos Digital Singapore, the new entity, will offer digital payment token services to Singaporeans. Further, Paxos announced plans to launch a...

10 months ago

OMG Token Surges 16% as Vitalik Buterin Hails the 'Return of Plasma'

Buterin wrote that he believes Plasma, an Ethereum scaling technology that has been ousted by rollups, has the potential to reduce transaction fees.

OMG Token Surges 16% as Vitalik Buterin Hails the 'Return of Plasma'

OMG, the native token of the OMG Network, climbed to a six-month high after Ethereum creator Vitalik Buterin published a blog post on how Plasma, the technology behind the OMG Network, has the p...

10 months ago

Hongji Feng @hongji-feng 15 November 2023 02:51 EST . 1 min read      US SEC to Decide on Two Spot Bitcoin ETFs by Nov. 17

The U.S. Securities and Exchange Commission is scheduled to announce its decisions on two Bitcoin exchange-traded funds (ETFs) by Nov.17, according to Bloomberg Intelligence.

Hongji Feng @hongji-feng 15 November 2023 02:51 EST . 1 min read US SEC to Decide on Two Spot Bitcoin ETFs by Nov. 17

The two ETFs, Hashdex Bitcoin ETF (DEFI) and Franklin Bitcoin ETF, both have a first decision deadline on Nov. 17, 2023, and a second decision deadline on Jan. 1, 2024. As the dates listed repre...

10 months ago

Blockchain.com Closes $110M Raise: Bloomberg

The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.

Blockchain.com Closes $110M Raise: Bloomberg

Crypto exchange and wallet provider Blockchain.com has closed a $110 million raise, valuing the company at less than half of its previous $14 billion, according to a Bloomberg rep...

10 months ago

Crypto Giant OKX Goes Live With Off-Exchange Derivatives Trading

Asset manager CoinShares, along with crypto custody joint venture Komainu, are aiming for TradFi standards in derivatives settlement with much-reduced counterparty risk.

Crypto Giant OKX Goes Live With Off-Exchange Derivatives Trading

OKX, the second largest cryptocurrency trading platform, is providing derivatives trading without the counterparty risk associated with assets being held on the exchange, enriching an existing p...

10 months ago

XRP Futures Traders Nurse $7M Loss as BlackRock ETF Rumor Causes Wild Price Swings

XRP prices jumped to 73 cents from 65 cents in 25 minutes after a tweet suggested financial behemoth BlackRock had filed for an XRP ETF in the U.S.

XRP Futures Traders Nurse $7M Loss as BlackRock ETF Rumor Causes Wild Price Swings

Traders invested in XRP futures lost some $7.26 million in the past 24 hours as prices moved wildly following rumors of a BlackRock (BLK) exchange-traded fund (ETF) filing. The liquida...

10 months ago

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