CRO Spikes 13% Following a Partnership Between Amazon and Cronos
Amazon Web Services (AWS) – a cloud computing platform provided by the retail giant – collaborated with the Web3 startup that focuses on DeFi and blockchain games – Cronos Labs. CRO – the native token of the ecosystem – climbed by 13% shortly after the announcement. A Breath of Fresh Air for CRO AWS disclosed…
$100 Million in Liquidations as Bitcoin Price Explodes to $29K
Following the most recent decline, Bitcoin bulls have finally resurfaced, pushing the price all the way up to the $29K mark. This has brought positivity to the entire market, but has also caused a stir in terms of liquidated leveraged positions. The past 24 hours saw around $100 million worth of leveraged positions being liquidated,…
As An Expression Of Pure Mathematics, Bitcoin Has Changed The Nature Of Money
A unique application of philosophically-derived mathematics, Bitcoin is a practical, simple and holistic solution to the problems with money. This is an opinion editorial by Hongumart, a frontline healthcare worker.Bitcoin is often praised for its innovative design, its resistance to censorship and corruption and its potential to revolutionize the global financial system. But beyond these…
Arbitrum Airdrops $120M to Projects; Some Dump, Some Look to Bolster Themselves
For some, like Vesta Finance, the airdrop provided a multimillion-dollar stimulus: The project was eligible for 2.7 million arb tokens, worth just under $6 million, despite holding only $3 million in its treasury. This can allow the project to, over time, sell the tokens to bolster its own development or even provide token incentives to…
First Mover Americas: Bitcoin Regains $29K
Joseph Seibert, who was head of digital assets at Signature Bank, and four members of his Signet team have joined Fortress Trust, a Nevada-based chartered trust company that specializes in cryptocurrency and Web3. Signature Bank, which was a crypto-friendly institution, was shut down in March after depositors withdrew large sums of money following the collapse…
Galaxy Digital to Develop ETPs Alongside Asset Manager DWS
The ETPs will give European investors cost-effective means of accessing digital asset investment through traditional brokerage accounts. Frankfurt-based DWS, which has 821 billion euros ($907 billion) in assets under management, will be Galaxy's "exclusive ally" for crypto ETPs in Europe, the announcement said.
Coinbase Prime, Talos Team Up to Meet Rising Institutional Crypto Trading Demand
“We’ve seen consistently growing demand, despite recent market conditions, for high-performance digital asset trading platforms as institutional investors continue to build for long-term participation in this emerging asset class," Anton Katz, co-founder of Talos, told CoinDesk in an interview.
TS Imagine to Bolster Crypto Trading Offering Through Deutsche Boerse Unit
"As more sophisticated investors and their teams continue to seek exposure to cryptocurrencies, we are proud to offer a deep, liquid connection network to this exciting and emerging asset class," TS Imagine's head of digital assets Alexandre Carteau said in the statement. "Adding Crypto Finance as a regulated crypto destination for our clients demonstrates our…
DeFi Protocol iZUMi Finance Raises $22M
The fundraise was more complicated than a typical “cash in, equity out” arrangement. The company issued an iZUMi zk-Fund through strategic partner Solv Protocol that is a semi-fungible token (SFT). Investors who purchase the fund receive an SFT in their wallet to represent their share, making them a limited partner of the fund. Upon maturity,…