Arbitrum’s ARB Token Trades at $3.99 as 625,143 Wallets Receive Airdrop

Mojito, a suite for creating non-fungible token (NFT) marketplaces, has received $20 million in funding from Sotheby’s and Future Perfect Ventures, giving the firm a valuation of $100 million.The funding round was led by Future Perfect Ventures. Other participating investors included Connect Ventures, an investment firm formed by Creative Artists Agency and venture capital firm…

Feb 21, 2020 at 13:30 UTCETHDenver 2020. Credit: Will Foxley for CoinDeskEthereum developers are leveraging blockchain’s censorship-resistant nature to launch the next iteration of the internet, Web 3.0.Last weekend at ETHDenver – one of the conference circuit’s top gatherings of ethereum coders – decentralized internet alternatives were on display, including Ethereum Name Service (ENS), Unstoppable…

(Ulet Ifansasti/Getty Images)Crypto Long & Short: Bitcoin Gets Ready for a New Type of HedgeOf all of the many clever things Mark Twain is alleged to have said, one of my favorites, especially these days, is: “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just…

Roughly 70% of Salvadorans don’t have a bank account. The average Salvadoran earns about $400 per month, so the cost of onboarding and maintaining accounts far outstrips whatever meager revenue they could ever generate for banks.This means the majority of Salvadorans are unable to save, invest or access credit. Local businesses – including those that…

Sep 17, 2020 at 08:01 UTCUpdated Sep 17, 2020 at 08:02 UTCGibraltar Updates Distributed Ledger Guidance to Match FATF Crypto RulesThe Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers, the regulator announced Thursday. The amended guidance now includes clarity on token issuances and recommendations for risk management. …

Smart contracts of the upcoming POL token went live on the Ethereum mainnet as the Polygon blockchain gears for a shift towards its ‘2.0’ plan, developers shared in a release to CoinDesk on Wednesday.A group of Polygon founders and researchers previously proposed a token upgrade that would replace the network’s MATIC token with POL in

news Genesis Global Trading’s crypto-related lending business remains on a growth tear – especially its loans of U.S. dollars and blockchain substitutes. According to statistics published by the over-the-counter trading firm Tuesday, Genesis’ “cash” lending doubled in the second quarter from the previous quarter to about $186 million. These loans, denominated in fiat or the…

Nov 20, 2020 at 5:35 p.m. UTCBitcoin "whales" have been known to make waves in the market. (National Gallery of Art, modified by CoinDesk)First Mover: Bitcoin ‘Rich List’ Grows as Whales HODL and Price Retakes $18KBitcoin reached fresh 35-month highs above $18,400 during the European trading hours.  The cryptocurrency has failed to keep gains above…

Mar 25, 2020 at 14:43 UTCUpdated Mar 25, 2020 at 16:10 UTCJustin Sun speaks at Consensus 2019, photo via CoinDesk archivesFired Employees’ Harassment Suit Against Tron Will Move to Private ArbitrationA court has moved two fired Tron Foundation employees’ claims of wrongful termination and workplace harassment to arbitration.On March 12, the San Francisco Superior Court…