Synthetix betting on new ‘multi-collateral’ perps ahead of Arbitrum rollout

The SEC’s recent inquiry into the Tim Draper-backed DeFi Money Market platform is the most recent example in a concerning trend of increasing action by regulators against unregistered securities.As a result of regulatory inquiries, DMM is ceasing operations. mTokens can be redeemed with interest accrued to-date through the following link: https://t.co/mWB1WacKaH— DMM DAO (@DMMDAO) February…

Aside from ditching USDC for its native token, Worldcoin announced some changes to the terms of its WLD loans to market makers. 660 Total views 4 Total shares Worldcoin is set to begin paying its Orb Operators — those rewarded for scanning people's eyes — with its native Worldcoin (WLD) token, phasing out USD Coin (USDC)

The cryptocurrency industry was initially headlined as anonymous digital cash. While experts were keen to point out that this was not exactly the case, Bitcoin (BTC) found initial popularity in darknet markets such as Silk Road, where merchants sold illegal goods ranging from light drugs to, allegedly, hitman services. Founded in 2011, Silk Road thrived…

Many outside the crypto industry first heard of nonfungible tokens only within the last year or so, with most mainstream coverage focused on the digital artwork market. Those not in the know may well have thought NFTs would amount to nothing more than digital collectibles. However, industry pioneers grasped the full potential of NFTs, and…

Blockchain platform TBCASoft, technology behemoth IBM and telecommunications conglomerate SoftBank announced on Oct. 22 a collaboration to adopt a cross-carrier telecommunications blockchain payment solution.New cross-carrier systemPer the release, the partnership aims to allow carriers to use blockchain through the Carrier Blockchain Study Group (CBSG) Consortium — founded by TBCASoft and SoftBank. TBCASoft reportedly already created…

Though the exchange’s holding company is registered in the Cayman Islands, Binance currently has no formal headquarters anywhere in the world. 1491 Total views 36 Total shares Even with no physical headquarters and seemingly few regulations affecting its business practices, Binance could reportedly be worth three times as much as Coinbase if it were to…

Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its Chief Financial Officer (CFO), according to a press release published on May 7.Having more than 15 years experience in private equity and public markets, Braganza joined BitPay to “help support the business through its next phase as the company…

A classic volatility surprise excites rather than concerns traders, but altcoins lose out heavily. 2241 Total views 9 Total shares Bitcoin (BTC) kept traders on their toes on Tuesday as a sudden price dip sparked a retest of $50,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC still “fine” at $49,000Data from Cointelegraph Markets Pro and TradingView followed…

China plans to implement blockchain as part of an overhaul of its charity tracking system, the country’s Ministry of Civil Affairs (MCA) revealed in its action plan Monday, September 10.As part of the latest initiative involving the use of blockchain tech at a state level, the MCA’s four-year plan through 2022 pledges to “explore the…