Three Arrows Capital seeks to increase claim against FTX to $1.5B

As 2021 draws to a close, the premier lineup in the DeFi landscape largely consists of synthetic asset platforms (SAPs). An SAP is any platform that enables users to mint synthetics, which are derivatives whose values are pegged to existing assets in real time. As long as oracles can supply a reliable price feed, synthetics…

Bank of Japan (BOJ) Governor Haruhiko Kuroda said that there is no public demand for a central bank digital currency (CBDC) in the country.During his speech at the symposium for the 35th anniversary of the Center for Financial Industry Information Systems on Dec. 4, Kuroda addressed the challenges posed by private global stablecoins and CBDCs.…

Matt Hougan, Global Head of Research at Bitwise Asset Management and president at ETF.com, expressed his idea that most cryptocurrencies will die in an interview with Bloomberg published on Feb. 5.During the interview, Hougan declared that he thinks that “there are 2,000 cryptocurrencies out there, 95 percent of them are useless and will die a…

The outcome will give a good indication of where AAVE token holders stand ahead of the upcoming ETH hard fork. 95 Total views 3 Total shares Aave token holders have been asked to take part in an Aave Request for Comment (ARC) that would require them to "commit" to Ethereum’s proof-of-stake (PoS) consensus.The ARC, proposed…

Attorney Kevin Thompson thinks that the event will make regulators frustrated, leading to the creation of reporting requirements for Shopify. 1233 Total views 32 Total shares Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal…

The news follows Bitwise withdrawing its SEC application for a Bitcoin Exchange-Traded Fund earlier this year. U.S. retail investors will be able to get exposure to Bitwise's new crypto index fund — albeit indirectly.According to a Dec. 9 statement from Bitwise Asset Management, shares of its crypto index fund will begin public quotation on over-the-counter,…

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin rallies 13% to break through $11,000After weeks of stagnation, Bitcoin finally…

Prominent DeFi community members faced a backlash after attempting to engineer a token scheme inspired by the success of MEME. Notable figures in the decentralized finance (DeFi) community found themselves in hot water after joining a group to cook up a MEME-inspired token with the apparent intention of dumping on unsuspecting investors. Group members claim…

The Vasil hard fork was originally scheduled to go live in June, but teams behind the Cardano blockchain development have prioritized a smooth network transition. 476 Total views 3 Total shares After failing to go live last month, the Cardano Vasil hard fork is delayed again as teams behind the Cardano blockchain development target a smooth…