Synthetix launches multi-collateral perps on Base amid revamp

Investors are paying a 515% premium to buy Ether through the Grayscale Ethereum Trust.It costs $90.55 to buy a share in Grayscale Investments’ Ethereum Trust (ETHE), however its Ether holdings per share are currently worth just $16.10. That means it’s five times more expensive to buy Ether via the trust than on the open market.—…

On June 18, Brazil’s National Bank for Economic and Social Development (BNDES) announced the election of Finance Director José Flavio Ferreira Ramos as its interim president. Ramos will serve as the BNDES head until the inauguration of 38-year-old Gustavo Henrique Moreira Montezano, a former economist and the current deputy secretary of privatization and disinvestment. Montezano’s appointment followed…

Ether (ETH) initiated a rally on April 25, which resulted in a 90% gain that pushed the price to $4,200. The non-stop action has been fueled by an incredible increase in decentralized finance (DeFi) applications where the net locked value surpassed $74 billion, a 51% increase in eighteen days.This positive momentum has been decimating the…

Binance suffered an outage today after announcing consecutive new all-time highs for web traffic. 4014 Total views 17 Total shares Leading crypto asset exchange Binance was forced to suspend its spot and margin trading services just a few minutes after its CEO took to Twitter to boast the platform had smoothly handled new record highs…

The metaverse continues to expand, with industry giants and upcoming players racing to seize a slice of the potentially trillion-dollar pie. Close to $2 billion was invested in blockchain-based metaverse deals in 2022, according to Cointelegraph Research’s VC database. A 2022 report by McKinsey estimated the metaverse industry to potentially generate up to $5 trillion in…

The crypto APIs will help “provide another channel for the Black community to access crypto as a new asset class.” 397 Total views 5 Total shares Visa has teamed up with a neobank to pilot a crypto program that will allow underbanked individuals to purchase, custody, and trade digital assets.In an announcement today, customers at…

Senator Tim Scott, who became the committee ranking member following the departure of Pat Toomey, reportedly plans to make a crypto regulatory framework a priority in 2023. Own this piece of history Collect this article as an NFTSouth Carolina Senator Tim Scott, the Republican ranking member on the United States Senate Banking Committee, reportedly plans…

Bitcoin (BTC) starts another week in a precarious position near $20,000 ahead of fresh macro upheaval.After admittedly sealing its best week's gains since March, the largest cryptocurrency is struggling to hold onto its recently-reclaimed levels.Major resistance zones remain overhead, and with inflation data due for release later in the week, the coming days could prove…