Coinbase Pro Plans To Launch Japanese Yen-Pegged Stablecoin

Coinbase Pro is announcing plans to launch a stablecoin pegged to the Japanese yen, reportedly the first of its kind. GYEN (GYEN) bills itself as the “first regulated digital [Japanese yen].” The project says it is 100% fiat-backed. Coinbase first issued a press release earlier this week announcing Coinbase Pro’s plans to launch GYEN order …

Bitcoin derivatives markets ‘healthier’ than in Q1, says research after fresh leverage shakeout

Bitcoin (BTC) shook out leveraged traders in classic style this week, but new data suggests that the market is broadly healthier than earlier in the year. Highlighting findings from its latest weekly newsletter, data analysis firm Arcane Research showed how aligned futures markets have become in Q4 2021. “Healthier” market keeps bullish bias sustainable With …

Sotheby’s will take ETH bids in real time for Banksy auction

Prestigious auction house Sotheby’s has announced it will accept Ethereum (ETH) bids in real time for its Nov. 18 auction that includes works by famed street artist Banksy. Sotheby’s claims this will be the first time an auction house has accepted crypto in real time as a standard currency for payment in an auction on …

‘Willing to break the mold’: Bored Apes form Gorillaz-style band for Universal

A virtual band made up of four expensive cartoon apes from the Bored Apes Yacht Club NFT collection is hoping to become the next big hit in the music industry. The primate band called KINGSHIP will put out music, perform in the metaverse and release plenty of NFT collectibles. It takes inspiration from Gorillaz, Damon …

Discord drops Ethereum and NFT integration plans after backlash

Popular community messaging app Discord has been forced to walk back its integration plans with Ethereum (ETH)-based NFTs following strong backlash from a significant number of its user base. The pushback started on Nov. 9 after Discord’s founder and CEO Jason Citron tweeted “probably nothing” accompanied by a screenshot of the app’s user settings page …

OMG price crashes by one third after BOBA airdrop snapshot

The price of OMG Network (OMG) has plunged 33% from a daily high of $19.35 down to around $13 immediately after completion of the snapshot for an airdrop from the Boba Network. The snapshot of all wallets holding OMG tokens on the Ethereum network and the layer-two Boba Network took place at 12am UTC on …

Introducing Decasonic Labs, an Innovation Generator for Technical Entrepreneurs To Bring World-Changing Blockchain and Web 3.0 Ideas to Market

November 11, 2021 – Chicago Led by veteran Google and DoubleClick engineering leader Allister Lam, Decasonic’s innovation arm drives rapid technical and product development for pre-seed concepts and beyond. Decasonic, the venture and digital assets fund building blockchain innovation, today announces Decasonic Labs, an innovation generator that collaborates with high-potential technical developers to bring their …

Solana Labs co-founder: We don’t want to kill ‘beautiful’ Ethereum

While many pundits have labeled Solana (SOL) as an “Ethereum killer” due to its lower fees and faster transaction times, Solana Labs co-founder Raj Gokal said the project has no desire to kill the cryptocurrency — and wouldn’t be able to if it did. Gokal made the comments in response to a Nov.10 Twitter post …

Advancing economic freedom for our veterans and service members

By Philip Martin, Chief Security Officer This Veterans Day, we’re committing to investing in our extraordinary veterans and service members. Our mission is to increase economic freedom in the world, and our work has always been driven by the fact that we believe we can help to build a more fair and equitable financial system for …

What Went On In The Secret Meetings Between Cardano Developer IOHK And Zanzibar Officials?

The Cardano Africa tour had been in full gear for a couple of weeks now, ending when Hoskinson had returned back to the States. Founder Charles Hoskinson had announced the tour after the successful launch of smart contracts capability on the blockchain and last month, the tour had kicked off. Hoskinson and the Cardano Foundation …

Is The Dollar Index Making New 2021 Highs Dangerous For Bitcoin?

The recent nerves in the stock market and macro world has caused the dollar to surges to a new 2021 high, just as Bitcoin continues to set new records.  But is the greenback’s awakening a dangerous situation for cryptocurrencies, or is something else afoot? BTC Barely Reacts As DXY Taps New 2021 High Bitcoin price …

SpaceX Dogecoin-Funded DOGE-1 Mission Set To Launch In Q1 2022

Elon Musk’s Dogecoin-funded mission is now set to launch in the first quarter of 2022. The launch had been announced in May of this year when the billionaire had tweeted about it. The mission is fully paid for in Doge and will not only be the first crypto in space, but it will also be …

Blockchain is Changing How Celebrities Interact with their Fans

The current social media landscape is based on a time-tested format that only allows fans to interact one way with celebrities. For instance, they can view photos of their favorite celebs, read their opinions, see their videos, and more. However, this one-way interaction is never reciprocated since celebs have no way of responding effectively to …

Terra Begins LUNA Burning, Why It Could Target $140

Terra (LUNA) has surged during the past week after a period of consolidation as the network has begun burning the supply of its native token. As of press time, LUNA trades at $51,16 with a 5% loss in the daily chart. LUNA with signs of recovery in the 4-hour chart. Source: LUNAUSDT Tradingview Related Reading …

Ken Griffin says Bitcoin will be replaced by Ethereum-based currency

Billionaire CEO of American hedge fund Citadel Kenneth Griffin thinks a currency on the Ethereum (ETH) network will replace Bitcoin (BTC) as crypto’s top dog. Citadel manages over $40 billion of capital — a quarter of the trading volume in the US stock market. During this Wednesday’s Nov. 10 DealBook summit hosted by The New …

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