Wintermute in $300M funding talks, Tencent interested: Report

The Winklevoss twins’ Gemini platform is being added as a constituent exchange for the Chicago Mercantile Exchange (CME Group)’s cryptocurrency reference rates.As revealed in an official tweet from CME Group on Aug. 8, Gemini will be included in four major crypto pricing indices as of Aug. 30.CME Group Bitcoin, Ether IndicesAs reported, CME Group launched…

A group of 12 Chinese media organizations conformed by television stations, local newspapers, radio stations, and web media allied to create a “blockchain-powered news department” on May 21.According to the report published by China Email, the group is made up of media companies from all over the country. They use solutions based on 4.0 and…

Bitcoin futures CME gaps have been filled by price every time over the past quarter, and over the weekend, another gap was formed between near $54,000. 

United States crypto-focused law firm Silver Miller has filed a lawsuit against a purported crypto hedge fund manager who was allegedly operating a fraudulent Ponzi scheme. The court documents were published to the Silver Miller website Dec. 26.The case — which has been filed at the Court of the Southern District of New York on…

Today’s Ether (ETH) 10% dump caused its annualized futures basis to adjust after flirting with extremely optimistic territory. The basis indicator compares futures contracts price to the current level at regular spot exchanges.Healthy markets usually display a 5% to 15% annualized basis, in a situation known as contango. On the other hand, a negative basis…

A New York federal court has ordered cryptocurrency hedge fund Gelfman Blueprint, Inc. (GBI) and its CEO Nicholas Gelfman to pay over $2.5 million for operating a fraudulent Ponzi scheme, according to an official announcement published Oct. 18.GBI is a New York-based corporation and denominated Bitcoin (BTC) hedge fund incorporated in 2014. As stated on…

Prominent online art portfolio platform ArtStation has caved in to pressure from artists and environmentally-conscious users hours after announcing a series of non-fungible token, or NFT, drops from several notable artists.On Mar. 9, the platform announced the program was scheduled to begin today and featured works from artists including Halo Infinite art director Nicolas “Sparth”…

The top two NFT marketplaces, OpenSea and Rarible, differ considerably in daily transaction volume. 2718 Total views 12 Total shares Covalent’s latest findings in Cointelegraph Consulting’s biweekly newsletter indicate that the nonfungible token, or NFT, market has whales of its own.The largest user on OpenSea makes up $192 million in reserve capital, while the other…