In October, the SEC approved a Bitcoin futures ETF. It is now possible to buy and sell 1/100th of a Bitcoin at a time. Coinbase, the biggest U.S. exchange by volume, will provide crypto futures to retail investors on its new Derivatives Exchange platform beginning Monday. $3 Trillion Crypto Derivatives
June 26, 2022 2 mins read
The Shibarium private TestNet has been running for a few weeks already. Ethereum and Shibarium will be able to send and receive assets using the ‘wallet.’ A public beta test network will go live in the third quarter, according to Unification, the firm developing Shiba Inu Shibarium layer-2. The public
June 25, 2022 2 mins read
Hoskinson outlined the regulatory framework he envisioned for the sector. According to Hoskinson, no other financial asset is as open and accessible as crypto. Cardano’s Charles Hoskinson has made it to the U.S. Congress through crypto. The crypto-verse was abuzz recently with news that Cardano developer Charles Hoskinson has been
June 24, 2022 2 mins read
Today, Ben Zhou, CEO of Bybit, one of the world’s fastest-growing crypto exchanges, made a soft proposal on BitDAO’s official Discourse forum for establishing BitDAO’s Layer 1 (L1) infrastructure via a variety of Web 3 sectors. Using BitDAO’s native token $BIT, the proposal aims to create a new L1 blockchain
June 24, 2022 1 min read
Any failure by 3AC to do the repayment prescribed would constitute an event of default. There has been a revolving line of credit set up for Voyager by Alameda Research. Three Arrows Capital (3AC), a troubled crypto investment business, faces a “notice of default” from Voyager Digital if it fails
June 22, 2022 1 min read
It is the next phase in the journey of both organizations to guide their staff and customers. The initiative aims to aid the increasing convergence of the physical and digital worlds. With today’s inauguration of the first KPMG metaverse collaboration hub, KPMG in the United States and KPMG in Canada
June 22, 2022 2 mins read
The board of directors recommends that all shareholders vote in favor of the agreement. Elon’s offer of $54.20 is a significant premium above the current market price. The Securities and Exchange Commission (SEC) has received a proxy statement from Twitter, requesting that shareholders approve Elon Musk’s $44 billion bid. Shareholders
June 21, 2022 2 mins read
BlockFi receives a $250 million umbrella loan as per CEO Prince. BlockFi revealed early last week that it was cutting 20% of its personnel. BlockFi and FTX have teamed together to provide a new credit line. Cryptocurrency exchange FTX has granted BlockFi a $250 million credit facility, according to CEO
June 21, 2022 2 mins read
LBank Exchange, a global digital asset trading platform, will list My Liquidity Partner (MLP) on June 23, 2022. For all users of LBank Exchange, the MLP/USDT trading pair will be officially available for trading at 22:00 (UTC+8) on June 23, 2022. Utilizing liquidity partners’ crypto within the liquidity pools, My
June 21, 2022 4 mins read
CoinMENA has already received two digital asset licenses. License would allow CoinMENA to make its services available to institutional investors. Dubai’s Virtual Assets Regulatory Authority (VARA) has granted a provisional virtual asset license to CoinMENA, a Bahrain-based digital asset exchange. The interim authorization enables CoinMENA to continue operating in Dubai
June 20, 2022 2 mins read