Monthly Archives: April 2023

As the platform ramps up, the focus would next move to tokenizing assets that are traditionally hard to finance, like money market funds, and using them for collateral purposes, said Lobban. Further down the road, Lobban expects to be doing blockchain-based issuances of an even wider range of assets, including tokenization of private funds.

The former chief technology officer and chief information security officer from Andreessen Horowitz, or a16z, a venture-capital firm that has invested heavily in crypto, are starting an institution-focused cryptocurrency custody firm, according to a person familiar with the plans. Riyaz Faizullabhoy, the former CTO, and Nassim Eddequiouaq, the former chief information security officer, have the…

The “version 2.5” tokenomics proposal would move CAKE toward a “deflationary model” by slashing the token rewards paid to traders and stakers by over 68%. The so-called CAKE “emissions” on Syrup Pool, PancakeSwap’s main liquidity pool on BNB Smart Chain, would drop by 94% under the proposal.

This caught the attention of crypto traders as a number of high-profile airdrops in the past 12 months yielded significant returns for a minimal amount of effort. Optimism (OP), Aptos (APT), Arbitrum (ARB) and Blur (BLUR) all issued lucrative airdrops that rewarded early adopters.

"The market eyes growth at 2% – shouldn't move markets too intently given the backward nature of the data point – would need to be a big beat/miss to the move rates expectations and the USD, gold, Nasdaq," Chris Weston, head of research at Pepperstone, said in a tweet.