Paradigm, an existing investor in Coinbase, has invested another $50 million in the exchange by purchasing more shares. Paradigm co-founder Fred Ehrsam disclosed the acquisition of shares to the U.S. Securities and Exchange Commission (SEC) on Thursday. In addition to his role as a board member at Coinbase, Ehrsam was
May 13, 2023 1 min read
MetaMask, a supplier of crypto wallets and DApps, has begun enabling Ether transactions using PayPal for customers in the United States, one of its largest markets. To facilitate Ether transactions, the business claims to be the first Web3 wallet to integrate with PayPal. #DYK MetaMask🦊 is the first web3 wallet
May 12, 2023 2 mins read
In order to recover a place among the top 10 market capitalization, Solana has flipped one of its key competitors, Polygon. When the Terra collapse broke in May, SOL was valued at $5 billion, but MATIC was only worth around $16.8 million. However, the FTX catastrophe destroyed Solana. In the
May 12, 2023 1 min read
To facilitate connections between institutional investors and crypto investment fund managers, Binance is launching a new platform. Capital Connect is a new platform that will initially be accessible only to Binance’s most privileged customers, such as asset and fund managers, brokers, hedge funds, family offices and high net worth individuals,
May 11, 2023 2 mins read
On Wednesday, Elon Musk tweeted a meme featuring the instantly familiar figure from the NFT collection with the words “There is no meme, I love you.” Many Milady NFT holders found this to be amusing. As a result, the base price of the digital collectable on the OpenSea marketplace reached
May 11, 2023 2 mins read
OKX, one of the most prominent cryptocurrency exchanges, plans to launch office in Turkey within the next few months. OKX has already begun making preparations for its forthcoming growth. By having enabled Turkish Lira (TRY) deposits and withdrawals in March of this year. When a severe earthquake struck the country
May 9, 2023 1 min read
When it comes to establishing guidelines for Hong Kong’s cryptocurrency sector, the government has been quite transparent. According to the most recent data, the Securities and Futures Commission in Hong Kong will shortly publish regulations for the cryptocurrency sector. Regulators in Hong Kong have warned cryptocurrency businesses not to count
May 9, 2023 1 min read
The European blockchain sector is preparing to make a last push to avert rules that would kill the smart contracts underlying the decentralized finance (DeFi) protocols that European authorities have been striving to introduce. Moreover, negotiations on the European Data Act, which aim to control data transferred between smart devices
May 8, 2023 2 mins read
Due to the failure to reach acquisition agreements with Binance and FTX.US, Voyager Digital plans to self-liquidate its assets and cease operations. The exchange’s unexpected insolvency and the following arrest of its CEO, Sam Bankman-Fried, caused the aborted FTX-Voyager purchase to fall through. Although the digital asset market has been
May 8, 2023 1 min read
The trading volume of Pepe (PEPE), a meme currency based on a cartoon frog, has skyrocketed recently. The spot trade volume of PEPE surpassed $2.7 billion recently, second only to USDT, BTC, ETH, and USDC, according to Wu Blockchain, who quoted statistics from CoinMarketCap. The highest trading volume, $650 million,
May 7, 2023 1 min read