A copy of Multicoin Capital’s yearly investor letter revealed a 91.4% loss for the hedge fund in 2022. The fall was blamed in the letter on the tumultuous year for cryptocurrencies and the direct and indirect effects of the FTX crypto exchange’s closure. The letter stated: “While the fund successfully
March 5, 2023 2 mins read
Earlier today, PancakeSwap, a multichain Dex platform, announced the release of its third version, dubbed PancakeSwap v3. The application launch on Binance Smart Chain (BSC) is scheduled for the first week of April. Accessible via a streamlined interface, the updated software will provide users with a number of useful new
March 5, 2023 1 min read
One River Digital Asset Management is a top institutional digital asset manager and SEC-registered investment advisor, and it was recently bought by Coinbase Global Inc., the biggest cryptocurrency exchange in the United States. As a result of the purchase, One River will serve as Coinbase Asset Management’s flagship operation, advising
March 3, 2023 1 min read
The renowned “coin mixer” Tornado Cash was prohibited in the United States last year. But, the Ethereum community has been hard at work on a solution, Privacy Pools, that they think would deter the federal government from interfering. In August, the U.S. Treasury Department placed restrictions on Tornado Cash because
March 3, 2023 1 min read
The first NFT platform on the new layer 1 oracle network, Sparkles, which handles over 90% of NFT sales on Songbird, has debuted on Flare. The only NFT marketplace in the blockchain industry to reach this rank is Sparkles. With their next DOTM collection, Sparkles will also address the problem
March 3, 2023 2 mins read
During the seventh round of the LUNC burn mechanism, the biggest cryptocurrency exchange in the world, Binance, burnt a substantial number of LUNC tokens. At long last, the Terra Luna Classic community may once again enjoy Binance LUNC burns. The burn transaction shows that 8.85 billion Terra Luna Classic (LUNC)
March 2, 2023 1 min read
The decentralized exchange Pawswap’s native token, PAW, has received a lot of attention after it was listed on five major exchanges in less than five days. These listings come just before Shibarium’s impending release. Dezaxe, a Shiba Inu influencer and Pawswap ambassador from Canada, brought notice to the outstanding accomplishment.
March 1, 2023 2 mins read
A portion of BitBNS’s money was compromised on February 1, 2022, although the exchange’s founder, Gaurav Dahake, indicated on March 1 that this wasn’t an unusual occurrence. This comes after the cryptocurrency exchange allegedly hid a $7.5 million hack under the pretext of system maintenance, as tweeted by independent crypto
March 1, 2023 1 min read
Trust Wallet, the top provider of multi-chain and self-custodial wallets, has made Ledger hardware compatibility available for the Trust Wallet Browser Extension. Users of the Trust Wallet Browser Extension may now gain from an additional layer of protection for their digital assets thanks to hardware solutions. With this new integration,
February 28, 2023 2 mins read
Vitalik Buterin, Ethereum’s co-founder, has discussed his personal use of cryptocurrency in small purchases. In addition, Buterin offered several recommendations for expanding the use of cryptocurrencies in everyday transactions. Vitalik Buterin, in a recent blog post, reflected on his attempts to buy a cup of tea in 2013 and subsequently
February 28, 2023 1 min read
