Cross-Chain Bridge Stargate’s Volume Soars as Airdrop Hunters Set Sights on LayerZero Token

Now that the U.S. Securities and Exchange Commission (SEC) has failed to appeal its August court loss over Grayscale’s application to convert its Bitcoin Trust (GBTC) into a spot exchange traded fund (ETF), both Grayscale and the crypto industry are mulling next steps.“The Grayscale team remains operationally ready to convert GBTC to an ETF upon

news The Takeaway: Block.One’s yearlong initial coin offering (ICO) for the EOS blockchain raised a record-breaking $4.1 billion in 2018. LiquidApps created a second-layer protocol for EOS to offload computing expenses for dapps, which became very expensive just a few months after EOS launched. In a similarly yearlong ICO, LiquidApps is currently selling DAPP tokens to be used…

Oct 29, 2020 at 20:38 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Hits $13.6K; 500K ETH Options Pile Up for DecemberBitcoin’s price is turning bullish as ether options traders accumulate half a million of ETH options for December expiration.Bitcoin trading around $13,519 as of 20:00 UTC (4 p.m. ET). Gaining 2.6% over the previous 24…

news Algorand raised over $60 million in a token sale of its native Argos token on Coinlist. Argos’ closing price settled at $2.40 per token, after starting the day below $.75, according to CoinCodex. The Foundation previously said it will auction off 600 million Algos per year, meaning that this most recent auction of 25…

news Crypto mining equipment maker Ebang has refiled its draft IPO prospectus with the Hong Kong Stock Exchange (HKEX), stating it has seen “significant decreases” in revenue and gross profit in Q3 2018. According to the HKEX filing database, Ebang submitted the new draft application on Dec. 20 with disclosures of its financial information up…

Upon returning from Token2049 in Singapore, my perceptions have been profoundly reshaped. What truly astounded me was the depth and dynamism of the Asia-Pacific (APAC) region in the Web3 realm.While the United States and Europe often dominate the global crypto conversation, I'd always sensed that APAC held more than met the eye. Still, experiencing its

news The price of bitcoin’s recent rise above $12,000 was stopped short a few hours into its rally, with prices sliding by more than $1,000 over the course of the U.S. trading session that followed. Beginning 10:15 UTC and lasting until 22:15 UTC, BTC witnessed a large pullback, followed by a small bounce near $11,200,…

Chinese oil and gas company PetroChina (0857) has completed the first international crude oil trade using the country's central bank digital currency (CBDC), the e-CNY, China Daily reported on Saturday.PetroChina bought 1 million barrels of crude oil settled in e-CNY, or digital yuan, at the Shanghai Petroleum and Natural Gas Exchange (SHPGX) on Oct. 18

New York-based startup Arbol has unveiled a parametric insurance platform powered by artificial intelligence (AI) and blockchain, developed in collaboration with the RiskStream Collaborative, which claims to be the biggest enterprise-level blockchain consortium of the insurance industry, Arbol told CoinDesk.Parametric insurance schemes offer compensation for weather-related events such as storms and floods. The market is…