Maker, now Sky’s, new stablecoin lashed over ‘freeze function’
The new USDS stablecoin from Maker, now Sky, has a freeze function which the project’s founder claims won’t be part of the token at launch.
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MetaMask wants institutions to wade into DeFi with new enterprise version
Metamask is seeking to grow the $14 billion DeFi ecosystem by attracting institutional investors with a new wallet that could “run a professional DeFi trading desk.” 725 Total views 2 Total shares Ethereum wallet MetaMask is seeking to attract institutional investors into the decentralized finance sector with the soon-to-be-launched institutional-grade version.The popular wallet, with more…
Crypto Markets See Few Gains as Most of Top Coins Are Slumping
Sunday, August 26: after a short recovery yesterday, crypto markets have again declined somewhat, with only three out of the top 10 cryptocurrencies by market cap seeing green today. Market visualization from Coin360 Bitcoin (BTC) is one of the fortunate ones, up less than one percent on the day, trading at $6,740 as of press…
Leaked bids: Binance, Galaxy Digital among secret bidders for Celsius assets
At least five firms placed bids on Celsius Network’s crypto assets, including Binance, Bank To The Future and Galaxy Digital, according to leaked information shared by crypto blogger Tiffany Fong. Fong, a follower of Celsius developments who shot to fame after several exclusive interviews with Sam Bankman-Fried following its collapse, has leaked information from documents she…
Framework Ventures allocates half of $400M fund to Web3 gaming
Like DeFi in 2020, gaming is considered by many to be the next major growth play for the blockchain industry in 2022. 65 Total views 1 Total shares Crypto-focused venture firm Framework Ventures has raised $400 million in new funding to invest in early-stage companies across the Web3, blockchain gaming and decentralized finance (DeFi) industries. The…
China’s 2nd-Largest Courier Using Blockchain to Deliver Key Supplies Amid Pandemic
SF Express, the second-largest courier services provider in China, is exploring the use of blockchain to transport critical supplies during the COVID-19 pandemic.On March 30, the Global Times — an English-language newspaper within the CPC-owned People’s Daily Group — reported that the Shenzhen-based firm is finding the technology to be beneficial for tracking the provenance…
Price Analysis Mar 4: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK
Grayscale Investments managing director Michael Sonnenschein said that “Bitcoin itself has solidified its role as a store of value or as a digital gold.” In his conversations with institutional investors, Sonnenschein explained that he has seen a big change in the way they view Bitcoin. According to him, now, several institutional investors are looking to…