Mass, Synthetix to launch mobile DeFi perps trading app

The new venture is pursuing hyperbitcoinization by combining the Lightning Network’s speed with the architecture of an open peer-to-peer platform. 978 Total views 16 Total shares Synonym Software Ltd., a company founded by stablecoin issuer Tether Holdings Limited, officially launched on Tuesday, setting in motion a highly ambitious project to bring Bitcoin (BTC) transactions mainstream…

Bitfinex and Tether lawyers are moving to dismiss their ongoing case versus the New York Attorney General (NYAG), according to court filings on May 21.Law firms representing the two companies argue that the New York Supreme Court (NYSC) does not have jurisdiction over the alleged misconduct being considered.The lawyers argue that the NYSC has neither…

The CEO of Swiss startup SEBA Crypto AG said in an interview that five “large asset managers” from both Germany and abroad have shown interest in their cryptocurrency bank, Swiss financial media outlet Cash reports Nov. 12.Back in September, the company had raised $103 million to set up a bank offering cryptocurrency-related services. At the…

First announced in July, Square's "TBD" unit is developing a "non-custodial, permissionless, and decentralized financial services" business whose "primary focus is Bitcoin." 977 Total views 5 Total shares Square CEO Jack Dorsey said that the platform’s latest Bitcoin (BTC) venture would be to develop a decentralized exchange. In a Friday tweet, Dorsey said that "TBD" —…

Harris is preparing to unveil plans about her economic policy in a mid-August speech. 

The announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June. Major cryptocurrency exchange Coinbase has announced users will be able to earn 4% interest on USD Coin through a product the company compared to an alternative to a fiat savings account.In a Tuesday…

At present, your DeFi product needs to be multichain to be competitive — this is the hard (and exciting) truth of 2021. Whether you’re building a wallet, a lending service or a DeFi game, your target audience knows that there is more to the crypto space than Ethereum. And they expect you to provide the…

Jump Trading significantly contributed to the crypto market sell-off and it could be looking to sell another $104 million worth of wstETH.

The page includes a “view OKX reserves” option that provides reserve ratios for BTC, ETH, and USDT at a glance. 535 Total views 6 Total shares Crypto exchange OKX has released a Proof of Reserves page that allows users to audit its reserves to make sure it is solvent. This comes at a time when…