December 8, 2021 – Toronto, Canada New Order, a community-driven venture DAO incubator for decentralized financial (DeFi) projects, announced the public sale of its governance token NEWO via a Dutch auction on MISO. New Order is putting 24 million NEWO tokens out of its total 800 million supply (3%) up for sale through the Dutch …
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Bitcoin (BTC) bulls are still licking their wounds from the bloody Dec. 4 correction, which saw the price collapse from $57,000 all the way to $42,000. This 26.5% downside move caused $850 million in long BTC futures contracts to be liquidated, but more importantly, it shifted the “Fear and Greed index” to its lowest level …
Stablecoins, or crypto assets which peg their value to less volatile fiat money, are useful tools for a variety of reasons. They can be used to cash out crypto investments, send or receive stable money abroad, and to pay for everyday consumer transactions without fear of fluctuation. A recent estimate from the Bank for International …
Bitfury CEO and former Acting Comptroller of the Currency Brian Brooks has hinted the regulatory environment in the United States could drive many crypto firms outside the country, and has already stymied companies attempting to offer a variety of financial products. Speaking at a Wednesday hearing on Digital Assets and the Future of Finance with …
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Blaine Luetkemeyer, a House representative from Missouri, revisited the issue of major companies exerting control over vast swaths of the internet, something he expressed concerns about encroaching in the crypto space. Speaking at a Wednesday hearing on digital assets with The House Committee on Financial Services, Luetkemeyer addressed Bitfury CEO and former acting Comptroller of …
December 8, 2021 – Road Town, British Virgin Islands OpenOcean, world’s leading DeFi and CeFi full aggregation protocol, is delighted to announce the successful aggregation of Arbitrum as well as its leading decentralized exchanges – UniSwap v3, Balancer v2, SushiSwap, Curve, DODO, Synapse and Swapr. It will enable OpenOcean users to trade with maximum returns on …
Widely followed crypto strategist and trader Michaël van de Poppe is outlining what’s next for Bitcoin (BTC), Chainlink (LINK) and the low-cap altcoin Verasity (VRA). Van de Poppe tells his 523,000 Twitter followers that he sees Bitcoin climbing as high as $53,000 before igniting another pullback to around $46,000. “Bitcoin held the level at $47,800 …
December 8, 2021 – Panama City, Panama Forward Protocol has raised $1.25 million across two series of funding rounds, attracting investment from leading blockchain projects and venture capital groups such as Bitcoin.com, CVVC, AU21, X21 and GDA Capital. Additional capital came from MEXC, Stakez Capital, Magnus Capital, MarketAcross, Basics Capital, CRT Capital, Polygon Studios, Master …
A popular crypto analyst believes Ethereum (ETH), Bitcoin (BTC) and one altcoin are about to blast off and leave the recent market-wide slump in the dust. The pseudonymous crypto strategist and trader Kaleo tells his 454,000 Twitter followers that ETH’s time to shine has arrived as the “king” of the layer-1 blockchain protocols. The analyst …
On Wednesday, the Banque de France (BdF), the BIS Innovation Hub (BISIH) and the Swiss National Bank (SNB) announced the success of a pilot run of a wholesale central bank digital currency (wCBDC), titled Project Jura. The project, which aimed to investigate cross‑border settlement with euro and Swiss franc wCBDCs, was launched on a third‑party …
Hong Kong venture capital firm Chiron Partners has launched a new ecosystem fund dedicated to Terra (LUNA), opening the door to new innovations for the layer-one decentralized finance, or DeFi, protocol. The Chiron Terra Fund I, also referred to as CTI, will deploy $50 million in capital to support innovative projects building on top of …
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Bitcoin (BTC) recovered from a dip below $50,000 on Dec. 8 as Wall St. trading opened on a fresh bullish note. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin market ditches “extreme fear” Data from Cointelegraph Markets Pro and TradingView captured a classic rally for BTC/USD on hourly timeframes, gaining $2,000 in a single one-hour candle. The …
The House Committee on Financial Services heard from several CEOs of major crypto firms in the United States, some of whom seemed to present a united front in urging lawmakers to provide a clear regulatory framework for crypto. Speaking at a Wednesday hearing titled “Digital Assets and the Future of Finance: Understanding the Challenges and …
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. Sometimes a project’s name tells you all you need to know about it, no matter how niche. Take Kryptomon, …
Continue reading “What Facebook’s rebranding tells us about Big Tech’s ‘Game of Platforms’”
The Bank for International Settlements (BIS) is saying that decentralized finance (DeFi) is a cause of concern to the financial system. The international financial organization supporting central banks globally to achieve monetary and financial stability says that DeFi inadequately protects investors and is susceptible to money laundering. According to the Bank for International Settlements, DeFi …
