Q2 investment memo showed a 34% decrease in transaction activity. Besides Web3 infrastructure, the company spent aggressively on blockchain gaming. According to Coinbase Ventures’ Q2 report, overall deal activity fell in tandem with the prevailing gloomy tone in the market. However, the firm’s investment thesis on infrastructure projects that exhibit
There are 410,903 validators, who deposited ether into the contract. ETH’s value has risen by 36.8% versus the US dollar in the last 30 days. The delayed difficulty bomb and the news that The Merge will be postponed until at least September had previously been reported. To put it simply,
Terraform Labs gained $94 M in the year 2019. Investigation happening over DoKwon regarding the TerraUSD collapse. A raid on the Seoul residence of TerraUSD co-founder Daniel Shin, according to a Bloomberg story quoting local media, has extended an investigation into alleged unlawful conduct around the algorithmic stablecoin TerraUSD (UST)
For hundreds of years, economists have been exploring people’s behavior. How we make decisions, how we act individually and in groups, and how we exchange value. They have examined institutions that smooth the way for our trade like legal systems, corporations, marketplaces. A new technological institution has emerged that is
The Hybrid Exchange platform BXH Foolish Child officially announced that the global station of the BXH exchange (CeFi) would enter the trial operation stage on July 7, 2022. The whitelisted Free Mint NFT will be opened soon, and whitelisted users will enjoy the VIP privileges of the exchange. The operation
Banxa will allegedly reduce its workforce from 230 to 160 personnel. European Managing Director Jan Lorenc plans to depart the business in European market. According to Banxa, a crypto payments service provider, 30 percent of its workforce will be let off as a cost-cutting measure during the current bear market.
According to McKinsey & Company Metaverse will create $5 trillion by 2030. A metaverse standards forum was launched by Meta, Microsoft, and 31 additional firms. In a recent interview Mark Zuckerberg, the CEO of Meta Platforms, formerly Facebook, explained the metaverse with Jim Cramer. The co-founder of Meta (Facebook) stated
Coinbase exchange launches the first crypto derivatives product that Nano Bitcoin features (BIT) on June 27. The worldwide volume of the crypto derivatives market is $3T. On Thursday, Coinbase American-based crypto exchange platform announced that it will allow users to send and receive cryptocurrency on a multiple-networks, starting with Polygon
Victoria, Seychelles, 22nd June, 2022, Chainwire Banxa, the leading global on-and-off ramp solution for Web3, is pleased to announce a new partnership with AAX, the institutional-grade cryptocurrency exchange. Customers can now purchase crypto with fiat and vice versa with AAX using Banxa. Being the first crypto exchange to switch
The Euro Coin, or EUROC, will be accessible for trade on June 30. The euro-pegged stablecoins first custodian is Silvergate Bank. Circle Internet Financial (Circle), the company behind USD Coin (USDC), has announced the debut of a fully-reserved stablecoin linked to the euro, an indication to the market that despite
