XRP futures open interest drops 37% — Are altcoin traders jumping ship?

Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum's team and its community. 102 Total views 2 Total shares Ethereum layer-2 blockchain Arbitrum will distribute ETH (ETH) tokens worth nearly $6.2 million to its decentralized autonomous organization (DAO), the project announced May 9 on Twitter.…

Sarah Levy referred to the company considering "a long-term buy and hold the asset as a smaller portion of a portfolio, rather than as sort of a trading opportunity short term.” 293 Total views 4 Total shares Betterment, a U.S.-based financial advisory company with roughly $30 billion under management, is mulling offering crypto investment opportunities…

1. What is a wrapped token? A wrapped token is an asset hosted on the Ethereum blockchain with a price that is the same as another underlying asset, even if it’s not on the same blockchain or on a blockchain at all. A wrapped token is an ERC-20 token with a value identical to another…

The man is known for his predictions, but is he right about this one? Ryan Selkis, founder of crypto data site Messari, predicted an upcoming demise for the decentralized finance, or DeFi, space — similar to what happened with initial coin offerings, or ICOs. "The DeFi bubble will pop sooner than people expect," Selkis tweeted on…

The conventional wisdom of the cryptoverse is that there is a boom-and-bust cycle to the blockchain and cryptocurrency industry. This cycle is led by the “King of Cryptos,” Bitcoin. Bitcoin (BTC) is programmatically set to have a halving cycle roughly every four years, which cuts the supply of new coins awarded to miners in half. The

Valora said it will use the funds for product development and create educational content "to get more people comfortable using cryptocurrencies." 440 Total views 12 Total shares Celo-powered crypto wallet Valora has closed on a $20 million funding round, as the company announced it will become a standalone entity.In a Tuesday announcement, Valora said Andreessen…

A security vulnerability potentially affecting hundreds of smart contracts that were pre-built using a commonly used open-source library has been reported by Web3 firm Thirdweb. 237 Total views 1 Total shares Smart contract development firm Thirdweb reported a security vulnerability that potentially “impacts a variety of smart contracts across the Web3 ecosystem.”On Dec. 4, Thirdweb

Major telecoms provider Zain has joined the governing council for distributed ledger platform Hedera Hashgraph. 2361 Total views 40 Total shares Zain Group — a leading telecoms provider in the Middle East and North Africa (MENA) region — has joined the governing council for enterprise-grade distributed ledger platform Hedera Hashgraph.Zain provides mobile voice and data…

The crypto markets are going through a phase of uncertainty with several cryptocurrencies failing to show a firm trend. This is because the markets lack a catalyst that can either pull prices higher or plunge them lower. However, a developing catalyst could be the launch of the China-backed central bank digital currency (CBDC). Jack Lee, a…