CEO Brian Armstrong insists the move to the public market has been very beneficial. Coinbase was able to secure $3 million of debt in a single week last year. Stock of cryptocurrency exchange Coinbase is down 84% from its all-time high of $381 on the company’s listing day in April
September 26, 2022 1 min read
It was announced today that the DFI token, issued by DeFiChain, would be listed on Gate.io, one of the world’s biggest cryptocurrency exchanges. DeFiChain is the premier blockchain on the Bitcoin network devoted to providing decentralized financial apps and services to everyone. DeFiChain has taken a huge step toward achieving
September 26, 2022 2 mins read
DFA receipts may be exchanged as securities as per the proposal. Those who aren’t ready to engage with distributed ledgers can benefit from this. In order to allow depositories to issue receipts for digital financial assets (DFAs). Russia’s primary equity and derivatives market has proposed new laws. Under the lack
September 25, 2022 2 mins read
Jesse Powell stepped down and was replaced by COO Dave Ripley. Kraken does not need to file with the U.S. SEC as per Ripley. To the SEC’s dismay, Kraken’s new CEO has put forward the exchange’s stand. Kraken stated on September 21 that current CEO Jesse Powell will be stepping
September 25, 2022 2 mins read
In an unprecedented move, the CFTC also sued a related DAO. The Ooki DAO is accused by the CFTC of violating the regulations. Authorities are still cracking down on crypto. On Thursday, the CFTC announced settled charges against the creators of bZeroX, the business behind the bZx protocol. Tom Bean
September 24, 2022 1 min read
It was revealed that 5% of profits from the new Shiba Eternity game will be burned. The official release date for Shiba Eternity has been set on October 1. The Shiba Inu project and its native cryptocurrency have received a lot of attention as of late. Shytoshi Kusama, the lead
September 24, 2022 2 mins read
Algorand has gained more than 20% in the previous week. The Algorand blockchain now has State Proofs. Due to negative macroeconomic circumstances, the crypto market is plummeting. The price of bitcoin has dropped below $20,000, and is now trading at $18.7K. Almost the last seven days, Ethereum’s value has dropped
September 22, 2022 2 mins read
Arquant Capital SAS has already launched its new banking service. The bank will market the service under the moniker “Finance Innovation.” According to a statement released on Wednesday, French Bank Societe Generale, the third largest French bank by market cap is entering the cryptocurrency fund industry in response to rising
September 22, 2022 1 min read
First disclosed in June when the company announced a $130 million round. Lu claims that adopting multi-chain was always part of the strategy for Magic Eden. Today, Magic Eden, the most popular Solana NFT store, extended its reach to the Ethereum network by adding support for many prominent collections. These
September 21, 2022 1 min read
Arbitrum will join Ethereum, Solana, Polygon, and Klaytn as the fifth network. Periodic declines have hit other markets including LooksRare and Rarible. OpenSea, a prominent NFT marketplace, has said it would include Arbitrum, a layer-2 Ethereum scaling solution. After tomorrow’s successful deployment, Arbitrum will join Ethereum, Solana, Polygon, and Klaytn
September 21, 2022 2 mins read
