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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Solana’s record $318B transfer volume ‘bot driven’ — Will SOL price suffer?
Solana activity hits record highs on multiple metrics, but data reveals its performance could be inorganic.
Gemini says no funds at Signature Bank backing GUSD
The company stated that it previously had a relationship with Signature but said it no longer has funds there. 108 Total views 2 Total shares Own this piece of history Collect this article as an NFTCrypto exchange Gemini had no funds at Signature Bank, and its Gemini US Dollar (GUSD) stablecoin was not backed by…
Singapore flags digital payment tokens as high-risk in AML landscape
Singapore said DPT service providers, also known as virtual assets service providers, stand out as a high-risk category within the financial sector.
Ripple donates $10M to Mercy Corps during annual Swell conference
Ripple continues its effort to bring financial inclusion to struggling markets. 1381 Total views 3 Total shares Ripple announced a contribution of $10 million to Mercy Corps to help it use digital assets in its work on financial inclusion in emerging markets during the annual Swell conference.Mercy Corps is a non-governmental, humanitarian aid organization that…
Binance CEO: It’ll Be Hard for Nations to Outrun China on Blockchain
Changpeng Zhao, founder and CEO of crypto exchange Binance, says the Chinese President’s endorsement of blockchain will inevitably drive mass adoption of crypto.In an interview with Bloomberg Markets: Asia on Nov. 15, Zhao — better known by his industry moniker “CZ” — gave his perspective on the likely global impact of the recent intervention by…
Coinbase and Kraken experience limited services amid markets turbulence
They are reportedly facing latency issues due to the high level of new user sign-ups and transfers to the platform. 856 Total views 5 Total shares Both Coinbase’s and Kraken’s platforms were down or experiencing intermittent latency issues on Nov. 8 amid market turbulence, according to users’ complaints on Twitter. The news followed the day’s…
Bitcoin is pinned below $20K as the macro climate stifles hope for a sustainable BTC bull run
Bitcoin (BTC) crashed below $19,000 on Sept. 6, driving the price to its lowest level in 80 days. The movement not only completely erased the entirety of the 32% gains accrued from July until Aug. 15, it also wiped out $246 million worth of leverage long (buy) futures contracts.Bitcoin price is down for the year…
‘Privacy-preserving computing is the future,’ says Secret Network’s Guy Zyskind after Quentin Tarantino NFT drop
On Nov. 2, award-winning writer and director Quentin Tarantino announced he would auction off seven uncut scenes from Pulp Fiction as nonfungible tokens, or NFTs, built on the Secret Network (SCRT). The digitized assets will include the first uncut scripts of the movie, as well as secrets about the film and its creators.While the NFTs…