Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Augur Deploys V2 Upgrade, Integrates Features From DeFi
Decentralized prediction market platform Augur has completed its v2 upgrade, introducing a host of DeFi features onto the platform. Decentralized predictive betting market platform Augur (REP) has announced the successful deployment of its v2 upgrade.The upgrade is intended to address bugs and vulnerabilities identified with the existing platform and its rules surrounding betting markets, to…
Steven Kokinos shifts to Algorand advisory role as company appoints interim CEO
Former Algorand CEO Steven Kokinos said he will stay on as a senior advisor and be involved in “key projects” related to scaling adoption until 2023. 448 Total views 22 Total shares Blockchain protocol Algorand’s chief executive officer Steven Kokinos has announced he will be leaving his position to focus on projects related to scaling…
Wintermute claims NEAR backed out of $11M stablecoin redemption deal
Wintermute founder and CEO Evgeny Gaevoy says the NEAR Foundation reneged on an offer to convert $11 million worth of its stablecoin. 184 Total views 1 Total shares The NEAR Foundation and Aurora allegedly reneged on an offer to convert $11 million worth of USN stablecoins, Wintermute founder and CEO Evgeny Gaevoy has claimed.In a
Crypto lending rates are low and DeFi is not competition says Nexo co-founder
It's all about location and perception. Much has been said about attractive interest rates offered by popular crypto lending platforms like BlockFi, Celsius Network and Nexo. However, there are two sides to every coin. Paying out high interest rates requires charging even higher rates to the borrowers. Yet, Nexo co-founder Antoni Trenchev disagrees that crypto lending…
Indian crypto exchanges CoinSwitch, CoinDCX cut staff amid market slump
Indian crypto exchanges CoinSwitch and CoinDCX have been struggling to maintain headcount amid bear market and TDS. 397 Total views 2 Total shares The CoinSwitch crypto exchange is the latest crypto trading platform in India that cut its workforce amid the prolonged cryptocurrency winter, the local news agency Moneycontrol reported on Aug. 28.The crypto exchange…
Morgan Stanley adds Bitcoin exposure to 12 investment funds
Bitcoin exposure has been added to the end of “Other Securities and Investment Strategies” sections for a dozen investment funds. 1241 Total views 15 Total shares United States investment bank Morgan Stanley has updated the prospectus of several institutional funds to reflect potential exposure to Bitcoin (BTC) through Grayscale and cash-settled futures, highlighting once again…
Disgruntled Investor Appeals to U.S. SEC Guidelines in Class Action Suit Against Ripple
XRP investor Bradley Sostack has amended a class action suit against Ripple, in which he alleges that the company misled investors and proceeded to sell XRP as an unregistered security, in violation of federal law.Sostack submitted his latest filing on Aug. 5 to a United States district court in California. According to a report by…
Options traders target $80K by May, Skew suggests just 6% chance they’re right
Options traders are betting big that BTC will be above $80,000 on April 30, but analytics provider Skew thinks there is a 94% chance their positions will be worthless. 2199 Total views 13 Total shares With Coinbase’s highly anticipated direct listing IPO expected to take place next month, options traders appear to be betting that…