Crypto liquidations hit $1B as traders were ‘unprepared for bad news’
A crypto analyst says we are yet to see the “Santa rally” the market has been hoping for after $1 billion was liquidated in the crypto markets in just 24 hours.
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CULedger Pilots Blockchain Identity Solution With Three US Credit Unions
CULedger, a blockchain consortium and credit union service organization, has successfully completed a pilot project together with three American credit unions. Fintech Futures reported on Dec. 16 that the pilot focused on implementing CULedger’s blockchain identity platform in the call centers at Unify Financial Credit Union, Desert Financial Credit Union, and TruWest Credit Union.All three credit…
FTX debacle sees Nansen take stock of major exchange onchain holdings
Blockchain analytics firm Nansen has released an overview of major cryptocurrency exchanges’ onchain asset holdings and portfolios in the wake of FTX’s collapse. 623 Total views 6 Total shares The collapse of cryptocurrency exchange FTX has put industry peers under the microscope with calls for transparent accounts of token holdings and assets under management.Major cryptocurrency…
Bitcoin plumbs April lows as US dollar strength hits highest since May 2020
Bitcoin (BTC) neared new price lows for April on April 8's Wall Street open amid a fresh surge in the U.S. dollar.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$43,000 hangs in the balanceData from Cointelegraph Markets Pro and TradingView captured another day of gloom for BTC bulls as the largest cryptocurrency slipped back under $43,000.In a classic…
Atari founder’s new firm partners with Skale Labs for gasless blockchain gaming
According to Web3 gaming firm Moxy, the deal will save the company around $3.5 million in gas fees annually.
Privacy Altcoin Beam to Execute Second Hard Fork in June 2020
Privacy-focused altcoin, Beam (BEAM), will soon execute its second hard fork. This fork will upgrade its Proof-of-Work (PoW) algorithm and activate new network features.According to an April 22 blog post, Beam’s second fork will occur at block 777,777, shifting the network’s PoW algorithm from BeamHash II to BeamHash III.The new PoW algorithm is expected to…
Andreessen Horowitz Invests $15 Million in Stablecoin Firm MakerDAO
American venture capital fund Andreessen Horowitz has invested $15 million into blockchain startup MakerDAO (MKR), according to an announcement published September 24.MakerDAO is the firm which stands behind Ethereum-based stablecoin Dai (DAI) and its accompanying decentralized credit system. DAI is pledged to U.S. dollars but collateralized by Ethereum (ETH). DAI users can generate the stable…
The rise of oracles: Institutional investors need trusted crypto market data
In this article, I intend to discuss the importance of market data, decentralized finance (DeFi) econometrics and applied DeFi research on crypto (and digital) assets as a corollary to financial econometrics and applied research. I will also attempt to draw upon the perspective and findings from Eugene Fama’s seminal papers based on his interest in…
Goldman Sachs Walks Back From Viral, Apocalyptic ‘Investee Call’
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