Synthetix, Kwenta launch v3 perpetuals on Arbitrum
The v3 launch marks the DeFi protocol’s first big product rollout after a governance overhaul in October.
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Venture capital’s ICO gambits left Bitcoin ecosystem underfunded – Adam Back
Venture capitalists have favoured ICOs in recent years, but Bitcoin-related startups are seeing renewed interest from investors. Initial coin offerings (ICOs) may have hampered the development of the Bitcoin ecosystem, with market research reflecting a massive slant towards non-Bitcoin investments by venture capitalists over the past five years.Blockstream CEO Adam Back highlighted the juxtaposition between…
Short-Term Crypto Losses Surged Fivefold in 1st Month of 2019: Credit Karma Tax
The amount of Credit Karma Tax filers that reported short-term crypto losses in the first month of 2019 surged more than fivefold over the same period in 2018, the firm revealed on April 3.Credit Karma Tax, a tool launched by San Francisco-based personal finance firm Credit Karma back in 2016, offers a free tax filing…
Japan Green Lights 2nd Crypto Exchange for April Launch as Data Shows Huge Interest
Japanese financial regulators approved a second cryptocurrency exchange to begin operations this week, a press release from local exchange DeCurret, the applicant, confirmed on March 25.DeCurret, which joins an offering from e-commerce giant Rakuten in launching on the domestic market, will begin trading on April 16.Together with Rakuten Wallet, previously known as Everybody’s Bitcoin, next…
Vitalik: Layer-2 scaling will make crypto payments ‘make sense’ again — KBW 2022
“It's a vision that has been, I think, forgotten a little bit and I think one of the reasons why it has been forgotten is basically because it got priced out of the market,” Vitalik Buterin said. 390 Total views 5 Total shares Ethereum co-founder Vitalik Buterin has argued that crypto payments will once again…
Altcoin season brews as a bullish trading pattern forecasts an explosive price move
Analysts cite a classic trading pattern and growth in the altcoin total market capitalization index as proof of an upcoming altcoin season.
IOSCO says DeFi is quickly evolving and ‘cloning financial markets’
IOSCO Chair Ashley Alder recognizes that “DeFi is a novel and fast-growing area of financial services.” 175 Total views 25 Total shares As decentralized finance (DeFi) space grows, regulators are giving more effort to conducting research and providing a means to better understand the emerging industry.Today, the International Organization of Securities (IOSCO) published a report…
Shopify to accept USDC payments with Solana: Report
Solana Pay has reportedly been added to Shopify's payment solutions, giving millions of merchants access to cryptocurrencies. 217 Total views 7 Total shares E-commerce giant Shopify has added Solana Pay to its pool of options for payment, allowing millions of merchants to use the platform to accept crypto transactions, kicking off with USD Coin (USDC)…
Bitcoin Price Pulls Back to $9.2K, BTC Realized Cap Hits All-Time High
Bitcoin price (BTC) pulled back to $9.2K levels on Jan. 31, or almost 1% lower over the past 24 hours, after exceeding $9,500 earlier today. “It’s over 9 thousand” BTC price hits new 2020 highThe move to $9,530 resulted in a new 3-month high for BTC/USD alongside rising volume, pointing to an overall bullish trend that…