Binance-backed Magic Square IDO platform to democratize retail investor access
IDO launchpads are becoming a popular way to raise funds for projects, with some IDOs reaching nearly half a billion dollars.
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Coinbase Pro Announces Support for Compound’s DeFi Token COMP
United States cryptocurrency exchange announced the listing of COMP, the token powering the decentralized lending protocol Compound. United States cryptocurrency exchange announced the listing of COMP, the token powering the decentralized lending protocol Compound.According to a June 18 announcement, COMP trading will start on June 23 at 9 AM Pacific Time if the liquidity requirements…
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Reserve Bank of India preparing to trial a CBDC with public sector banks and fintechs
The trial may lead up to the introduction of a CBDC in India before the end of this fiscal year, most likely in three steps; U.S.-based FIS had reportedly participated. 2621 Total views 41 Total shares The Reserve Bank of India (RBI) is in talks with fintech companies and state-controlled banks about a trial run…
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Telos’ ‘T-Bond’ NFTs aim to breathe liquidity life into projects young and old
Telos hopes the new fundraising tool will give a jolt to their platform, as well as others 2222 Total views 8 Total shares On Wednesday the Telos blockchain announced the launch of a new tool designed to help low-liquidity projects fundraise: a NFT product known as a “T-Bond.” In an interview with Cointelegraph, Douglas Horn —…
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Judge orders probe to investigate whether Celsius was a Ponzi
The Federal judge overseeing the Celsius case has asked for an investigation to look into whether the firm acted like a Ponzi scheme and has asked for additional details before approving a $3 million bonus scheme. 74 Total views 1 Total shares The judge overseeing the Celsius bankruptcy case has ordered the examiner and the…
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Denmark’s largest bank cautious on crypto, but won’t interfere
Danske Bank isn't completely sold on cryptocurrency but said it won't stop its customers from using its services in connection with crypto platforms. 150 Total views 3 Total shares Danske Bank, the largest bank in Denmark, laid out its official position on cryptocurrencies on June 17, when it published a four-point notice describing reasons to…
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US House financial committee tells SEC they don’t like custody proposal
The letter criticizes the proposed rule for its impact on the banking industry, particularly in ways that would be disadvantageous to the digital asset industry. 84 Total views 1 Total shares The chair of the United States House of Representatives Financial Services Committee and six subcommittee chairs have sent a letter to U.S. Securities and…
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Digital collectibles market sees 45% decline in Q2
CryptoSlam data shows a significant volume drop for NFTs from Q1 to Q2, with digital collectibles set to hit the lowest monthly transactions since March 2021.
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Blockchain Explorer to Educate Users With a Bitcoin Transaction Privacy Score
Multi-blockchain explorer Blockchair has added a privacy score for each Bitcoin transaction with the goal of educating users on how to not reveal themselves. 1185 Total views 16 Total shares Multi-platform blockchain explorer Blockchair has added a “privacy-o-meter” for every Bitcoin (BTC) transaction that identifies which part is the change.This is the key to tracing…