Crypto Biz: Crypto fever hits wealth managers
This week’s Crypto Biz explores the launch of new crypto ETFs, CleanSpark’s acquisition of new mining sites, another round of conflict between Bitfarms and Riot, and more.
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Aave, Sky float partnership to bridge DeFi, TradFi
The plan would create markets for DAI-replacement USDS on Aave.
Bitcoin leverage ratio reaches new highs
In a dramatic week for Bitcoin price action, traders are keen to capitalize, hitting a new all-time high for the leverage ratio. 1419 Total views 5 Total shares The estimated leverage ratio for Bitcoin (BTC) hit a new all-time high last night according to CryptoQuant. Further metrics point to growing leveraged interest, but liquidations have…
Hong Kong flags 7 unregulated crypto exchanges for noncompliance
The Hong Kong Securities and Futures Commission added seven crypto trading platforms to its alert list for operating without licenses, raising concerns over investor safety.
Compound’s New Token Tops DeFi Rankings on First Day
A single day of trade has seen Compound’s COMP emerge as the largest DeFi token by market capitalization. 624 Total views 21 Total shares After a single day of trading, Compound’s COMP token has emerged as the largest decentralized finance (DeFi) token by market capitalization.COMP overtook MakerDAO’s MKR token by market cap as it rallied…
Memecoin mania: Social relevance, speculation drives PEPE surge
Memecoins are back in the headlines as PEPE booms, taking the market capitalization of speculative tokens over $20 billion. 110 Total views 2 Total shares Own this piece of history Collect this article as an NFTMemecoins have been part and parcel of the cryptocurrency space since the inception of Dogecoin back in 2013, with fortunes made…
What to Expect From the Telegram Open Network: A Developer’s Perspective
Recently, new materials surfaced about the lite client for the Telegram Open Network (TON) blockchain, powered by encrypted instant messaging service Telegram. Based on the content of these documents, it is possible to make a lot of assumptions about its future, especially in regard to comparing TON with competitors — such as the Cosmos network,…
California State Legislature Passes Bill to Establish Blockchain Working Group
California’s AB 2658, a bill that calls for the establishment of a working group on blockchain technology, has passed both houses of the state legislature and will now head to the governor for approval, according to public documents. The bill would would define blockchain as “a mathematically secured, chronological, and decentralized ledger or database,” and…
What is OpenSea and how to use it?
The rise of nonfungible token (NFT) marketplaces has ushered in a new era, fundamentally reshaping the way we perceive and interact with digital assets. They provide a new medium for artists to showcase their creations and establish a direct and meaningful connection with their audience. OpenSea has taken center stage in this revolution.What is OpenSea?OpenSea