Layer 2 scaling protocol Optimism could launch a token soon The conversation around a possible token is fueled by a recent Coinbase website update The exchange added a price page for the token. Optimism also recently published an official blog post with vague references to a “new chapter” Ethereum layer 2 scaling project Optimism might …
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Coinbase launches its own marketplace for collectors and creators to trade NFTs For now, the platform remains in beta mode and only supports digital collectibles on the Ethereum blockchain Trades can be made using Ether Some users who joined the waiting list will receive early access Coinbase expects to add fiat payments in the coming …
Binance.US has received a Money Transmitter License in Puerto Rico. This is the fourth jurisdiction where it has this license, the others being West Virginia, Connecticut, and Wyoming. Binance.US recently also raised $200 million in a seed funding round, putting its valuation at $200 billion. Binance.US announced on April 20 that it had received a …
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Ethereum-based DeFi solution MakerDAO will reduce transaction costs by onboarding a layer 2 sidechain The protocol is known as StarkNet and integration will happen in four phases. April 28 has been scheduled for phase one deployment The update will also optimize transaction speeds for MakerDAO’s stablecoin – DAI It’s another step in the project’s multichain …
Sam Bankman Fried has new ideas that can help fix “broken” social media models. The FTX founder believes blockchain technology can be extremely beneficial in improving interoperability between multiple platforms. In a candid interview with Bloomberg, Sam Bankman-Fried revealed his intention to fix broken social media models to improve their interoperability and internal infrastructure. The …
Stock and crypto trading platform Robinhood bought UK-based digital assets firm Ziglu The financial terms involved in the acquisition remain unknown as of press time Robinhood’s plans to leverage Ziglu’s presence in its European expansion The American outfit also recently listed four cryptocurrencies including Shiba Inu and Solana. US-based cryptocurrency exchange and equities trading app …
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Quick take: A spreadsheet has been shared on Twitter allegedly showing how much Twitter influencers get paid to shill crypto projects Twitter influencers with higher followers are paid more to shill a tweet and retweet Shilling of crypto projects has been around for several years Celebrities have also been caught up in the practice of …
Summary: A Bitcoin ETF will be listed on Australia’s CBOE equities trading platform of ASX next week The listing of the Bitcoin ETF will test retail demand in the country There is some speculation that $1 billion will flow into the Bitcoin investment product Trading of the first Bitcoin ETF in the Land Down Under …
The Sandbox announced plans organized a funding round Sources say the metaverse outfit plans to raise a bumper $400 million Both new and existing investors are expected to participate in the upcoming capital raise Sandbox hopes to bag a $4 billion market valuation after the raise According to a report released by Bloomberg on Tuesday …
Local media reports that WazirX’s co-founders are moving to Dubai. Some team members continue to work remotely in Mumbai and Bengaluru. India’s heavy tax laws have been cited as the reason for the move. WazirX, India’s largest crypto exchange, will relocate to Dubai as a direct result of the heavy taxation on the crypto market. …
LUNA prices spiked more than 17% between Monday and Tuesday The massive pump occurred shortly after UST replaced BUSD as the world’s third-largest stable coin token LUNA’s market cap also jumped up significantly and now sits above the $30 billion mark Terra’s governance cryptocurrency token LUNA pumped over 17% in the 24 hours between Monday …
Leading crypto financial service provider Blockchain.com is mulling an IPO listing later this year, according to Bloomberg The Miami-based crypto company is currently valued at $14 billion. Leading cryptocurrency exchange and wallet service provider Blockchain.com is contemplating a public listing this year, according to a recent Bloomberg report. Blockchain.Com Mulls Over Public Listing As per …
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Cybercriminals allegedly tried to hack Crypto exchange Currency.com sometime last week The attacks were launched after the platform suspended its services in Russia Hackers tried to deploy a distributed denial of service (DDoS) attack The platform’s robust security protocols supposedly repelled the attempt Currency.com says no breach occurred and servers remain active Unidentified hackers tried …
Quick take: The Ethereum Foundation has released its 2022 annual report As of March 31st, 2022, the Ethereum Foundation holds approximately $1.6 billion in its treasury $1.3 Billion is in crypto and $300 million in non-crypto investments and assets 99.1% of its crypto holdings are in ETH, representing 0.297% of the total supply and 80.5% …
Summary: Elon Musk has stated that the salaries of Twitter board members ‘will be $0’ if his takeover bid succeeds Elon was responding to a Tweet suggesting that the Twitter Board members earn between $250k to $300k a year for a ‘part-time job’ The Twitter board, excluding Jack Dorsey, collectively owns 0.12% of the company, …
