The leaders in the derivatives business voiced their opposition to the plan. Behnam argued that a “non-intermediated future” would be a “significant deal.” The plan to eliminate intermediaries in U.S. crypto derivatives by FTX has shaken up established financial institutions, but the head of the Commodity Futures Trading Commission (CFTC)
October 17, 2022 2 mins read
The company distinguishes itself by catering to long-term investors. Stash raised the whole $52.6 million from twelve investors, meeting its goal for the offering. According to a recent filing with the U.S. Securities and Exchange Commission (SEC) on Friday, popular investing app Stash Financial Inc. has raised $52.6 million in
October 17, 2022 1 min read
The first NFT art collection by Academy Award-winning actor Anthony Hopkins, named “The Eternal Collection,” sold out on NFT marketplace OpenSea in under seven minutes. The collection is a series of over a thousand original artworks commemorating the actor’s decades-long Hollywood career, with visual references to his roles in films
October 15, 2022 1 min read
The assailants artificially inflated the value of their collateral and then borrowed heavily. According to the terms of the arrangement, the hacker must return $67 million in tokens. Recently, a thief made off with $100 million in cryptocurrency using an exploit in the Mango Markets platform. Mango DAO has given
October 15, 2022 1 min read
Metaplanet’s investment is not Tallinn’s first step into cryptocurrencies. Tallinn acknowledged owning majority of his fortune in Bitcoin. Fabric Systems, a cryptography hardware technology firm, has completed a seed round raising $13 million from investors. In order to develop low-power Bitcoin mining gear. The funding came from 8090 Partners, a
October 14, 2022 2 mins read
These remarks were made by Justin Sun on Thursday, October 13. The price of HT tokens rose about 100% in a week’s time after Sun became an adviser. In his most recent confession, Tron’s founder Justin Sun revealed that he has tens of millions of Huobi Tokens. Interestingly, he stated
October 14, 2022 1 min read
Binance had announced the freeze of deposits and withdrawals during the upgrade. Binance stated that the BNB Smart Chain will resume normal operations. The BNB Smart Chain was hacked for almost $100 million five days ago, prompting a temporary halt in transactions until the problem is resolved. The hacker at
October 13, 2022 1 min read
For validating Ethereum transactions, Prysm is used by 41.5% of all node validators. Arbitrum is now the most popular rollup solution on Ethereum. On Wednesday, Offchain Labs, developer of Arbitrum announced that it has acquired Prysmatic Labs. The latter is one of the major software development teams responsible for maintaining,
October 13, 2022 1 min read
Aave will be among the first projects to launch on the zkEVM testnet. The zkEVM is fully compatible with the EVM, so developers may switch over. Recently, Polygon, a decentralized Ethereum scaling platform, launched Polygon zkEVM Public Testnet. It is a “Ethereum-equivalent” ecosystem that is compatible with smart contracts, developer
October 11, 2022 1 min read
Individuals in Portugal have been excluded from paying capital gains tax on cryptocurrency profits for some time, but Finance Minister Fernando Medina has recently said that this exemption must end. According to a proposed budget for 2023 that was presented to Portugal’s parliament on Monday, Medina is proposing a 28%
October 11, 2022 2 mins read