Synthetix betting on new ‘multi-collateral’ perps ahead of Arbitrum rollout
Synthetix faces fierce competition on the DeFi-oriented layer 2.
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Crypto in Canada: Where are we today, and where are we heading?
Digital currencies are quickly becoming more mainstream within the Canadian financial landscape. Alongside this increased adoption, Canada has been relatively successful at creating a stable regulatory environment. In 2014, Canada established itself as a leader in the global digital asset space when the Canadian Parliament became the first government in the world to pass a…
Chainalysis: Two Probably Still Active Groups Account for $1 Billion in Crypto Hacks
A report outlined by blockchain analytics company Chainalysis has revealed that two hacker groups have reportedly stolen $1 billion in cryptocurrency, the Wall Street Journal (WSJ) reports on Jan. 28.According to the new report shared with the Wall Street Journal, the two entities — which Chainalysis calls Alpha and Beta — have received the majority…
Here’s how to quickly spot a deepfake crypto scam — cybersecurity execs
Crypto investors have been urged to keep their eyes peeled for "deepfake" crypto scams to come, with the digital-doppelganger technology continuing to advance, making it harder for viewers to separate fact from fiction. David Schwed, the COO of blockchain security firm Halborn told Cointelegraph that the crypto industry is more “susceptible” to deepfakes than ever because…
Extreme leverage drove $500 million worth of BTC liquidations in one hour
The latest Bitcoin correction triggered a record $500 million worth of liquidations in 60 minutes on major exchanges. 1162 Total views 10 Total shares The Bitcoin markets emphatically rejected the $60,000 price range on March 15, with excessive leverage driving a record $500 million worth of long liquidations over just 60 minutes.Glassnode’s founders, Jan &…
Galaxy Digital swings to profit after $1B net loss in 2022
The Mike Novogratz-led digital asset firm recorded a pre-tax income of $150 million during most of Q1 2023. 174 Total views 1 Total shares Own this piece of history Collect this article as an NFTOn March 28, Canadian investment firm Galaxy Digital, operated by blockchain personality Mike Novogratz, disclosed that it had achieved a preliminary…
Ripple Seems to Be Developing a Blockchain-Based Working Capital Loans Product
A recent job listing at blockchain-based payments firm Ripple indicates that it is working on a working capital loan product. The blockchain-based payment network Ripple recently added a job opening on its official website for a “Director of Product Management, Loans.”The description indicates that Ripple is working on a new loan product to help its…
France: Gov’t Report Recommends $570 Million Blockchain Investment
French political deputies want to spend €500 million (about $569 million) on state-level blockchain deployments over the next three years, local daily news outlet Les Echos reported Dec. 12.Citing a report published Wednesday, the publication said both blockchain and cryptocurrency interaction was high on the agenda of two members of parliament (MP), who are pushing…
Walmart seeks crypto product lead to drive digital currency strategy
Walmart’s future digital currency and crypto product lead would be based in the company’s home office in Bentonville, Arkansas. 517 Total views 2 Total shares North American retail giant Walmart is looking for an experienced crypto expert who can develop and drive an ambitious digital currency strategy and product roadmap. In the listing for the role,…