OMG Network

(Alex Kravtsov/Shutterstock, modified by CoinDesk)NBA’s Spencer Dinwiddie, Andre Iguodala and More Join Dapper Labs $12M Funding RoundDapper Labs has closed a $12 million funding round led by National Basketball Association (NBA) stars Spencer Dinwiddie, Andre Iguodala, JaVale McGee, Aaron Gordon and Garrett Temple, according to a press release shared with CoinDesk. The funds will be…

Jan 16, 2020 at 20:10 UTCUpdated Jan 16, 2020 at 20:18 UTCWhy ‘Crypto Dad’ Is Building the Digital Dollar FoundationAs Libra continues to spur discussions among regulators around the world, and China’s digital yuan comes ever closer to fruition, the U.S. Federal Reserve seems disinclined to look seriously at a digital dollar. Ex-CFTC Chair Chris…

Ethereum's layer-2 teams are butting heads once again. This time, major figures in the space are condemning Matter Labs, the creator of zkSync, over its decision to trademark the acronym "ZK," which is shorthand for "zero-knowledge” cryptography, the core technology underlying zkSync and a plethora of other blockchain projects. Matter Labs claimed it made the

Maple Finance raised $5 million from investors led by BlockTower Capital and Tioga Capital.The protocol also expanded its cash management offering to Solana after halting using the network following the FTX collapse.Blockchain-based credit marketplace Maple Finance has turned its attention to Asia and will expand into the region with a $5 million investment round, the…

Three prominent venture capitalist firms bought tokens directly from the DAO's treasury.Members of the Synthetix team(Synthetix)Feb 14, 2021 at 3:24 p.m. UTCCoinbase Ventures, Paradigm Invest $12M in Synthetix DeFi PlatformDecentralized trading platform Synthetix has raised $12 million from venture capital firms Coinbase Ventures, Paradigm and IOSG. The raise looks to be a rare occurrence of…

For all the noise surrounding cryptocurrency markets, crypto has always offered something fundamental to human progress: an open, democratic financial system. Despite all the meme coins and joke products, there are still many testing the power of crypto to provide the easy access to resources to the world’s 1.4 billion unbanked people.Gane, a freemium mobile…

The brief rally in the cryptocurrency markets following Friday's U.S. jobs report quickly reversed in volatile action. Bitcoin (BTC) jumped to $57,000 earlier today following the key report, only to the erase its gains and tumble below $55,000. The largest crypto was down nearly 4% over the past 24 hours. The selloff was broad-based, with

Relative richness of ether's short-term options-induced implied volatility suggests a pick up in hedging activity. The U.S.-listed ether ETFs are expected to begin trading next week. The impending debut of U.S.-based exchange-traded funds (ETF) tied to ether's (ETH) spot price has investors scrambling to the options market to hedge or protect existing market positions from

This is a developing story and will be updated frequently.NEW YORK -- Caroline Ellison, former CEO of Alameda Research, testified that she committed fraud at the direction of her ex-boyfriend and former colleague, FTX exchange founder Sam Bankman-Fried.Ellison, 28, is the government’s highly anticipated star witness in the six-week trial of Bankman-Fried. She was the