Public Firm Becomes First to Launch an ICO in Singapore
An e-commerce platform that recently launched a token sale aimed to raise $50 million has become Singapore’s first public firm to hold an ICO.
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Bitcoin Surges to New Record Over $93K as Strong U.S. Demand Crushes Resistance Level
Bitcoin blasted through the $90,000 resistance level early in the U.S. trading day and then quickly pushed even higher to top $93,000. The surge was fueled by heavy demand, with the Coinbase Premium Index at its highest level since April. Blackrock's iShares Bitcoin ETF (IBIT) was the fourth-most traded product across all ETFs, with $1.2

Crypto Progressives Become Conservative With Their Own Chains
Mar 19, 2020 at 09:00 UTCUpdated Mar 19, 2020 at 09:09 UTCIllustration by Sonny RossMost burgeoning crypto enthusiasts go through a phase in life where they think to themselves: “Bitcoin is neat, but it would be so much better if it could just do x and y?” At this point, they either decide to hop…

What the Fed Reserve’s Balance Sheet Expansion Means for Bitcoin
Nov 28, 2019 at 13:20 UTCUpdated Nov 28, 2019 at 13:20 UTCWhat the Fed Reserve’s Balance Sheet Expansion Means for BitcoinThe U.S. Federal Reserve is again expanding its balance sheet and prominent experts believe that could bode well for bitcoin in the long run. The U.S. central bank's balance sheet includes a large number of…

Blockchain Bites: Coinbase’s Untraditional Investor Day and the Ethereum-EOS Arms Race in Latin America
Jul 10, 2020 at 16:33 UTCBlockchain Bites: Coinbase’s Untraditional Investor Day and the Ethereum-EOS Arms Race in Latin AmericaCoinbase will host its first investor day, New York State prosecutors won a jurisdictional dispute involving Bitfinex and a protocol arms race is unfolding in Latin America. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the…

Tezos Co-Creator Commits to Donating Millions in Future XTZ Proceeds
news The Takeaway: When the $232 million Tezos token sale took place, a Tezos Foundation was created to launch the protocol. It also committed to purchase the company that created it, Distributed Ledger Systems, founded by Arthur and Kathleen Breitman. Now, Kathleen Breitman has signed a binding commitment with Founders Pledge to give 15 percent…

EigenLayer Outflows of $2.3B Signal Restaking Sector Slide
Total value locked on EigenLayer has dropped by 13% to $15.1 billion in the past 30 days, even though ether is trading at a similar level to June. Outflows can be attributed to the fickle nature of points farming and the limited returns on restaking protocols. Ether.fi has bucked the trend, experiencing growth in the

Here Comes the Virtual Real Estate Boom
With NFTs taking off and the real real estate market buffeted by COVID-19, virtual worlds like Decentraland could be well placed to capitalize. Yorio's avatar hanging out in Decentraland.(Janine Yorio/Decentraland)Feb 16, 2021 at 5:59 p.m. UTCHere Comes the Virtual Real Estate BoomI have spent my entire professional career devising novel ways to invest in real…

World’s Largest Crypto Exchange Binance Looks to Add New Stablecoins
Binance, the world's largest cryptocurrency exchange by adjusted volume, is actively looking to list more stablecoins in addition to the three it already supports, which include the recently beleaguered tether (USDT). "We hope to be able to list a few more stablecoins on our platform," chief financial officer Wei Zhou told CoinDesk Thursday. But that…