Category Archive: Cryptocurrency, No picture
How DeFi Project AntiMatter Tanked Its Own Token Price
Key Takeaways AnitMatter, an onchain derivatives protocol, announced it was removing vesting of MATTER tokens sold to early investors Wednesday. Due to the inflated supply, the token price crashed by more than 50% in a period of 24 hours. The project has been widely criticized for the move, with some accusing the team of a […]
German Law Could Lead to $415B Crypto Investment
Key Takeaways A new German law allowing funds to invest in crypto has come into effect, opening the floodgates for up to $415 billion to flow into the space Germany has shown a willingness to work with crypto, recently allowing Coinbase to hold assets for German customers. Germany has a significant economic influence on the […]
Mercado Bitcoin Lands $200M Investment from SoftBank
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Japanese multinational SoftBank has invested $200 million in the parent company of Brazilian crypto exchange Mercado Bitcoin. The Largest Crypto Investment in Latin America SoftBank is betting big on Mercado Bitcoin. The firm’s Latin America Fund announced a Series B investment in […]
World’s First Regulated DeFi Firm Readies DEX Launch
This news was brought to you by ANKR, our preferred DeFi Partner. Swarm Markets has obtained a license from German financial regulator BaFin. Swarm Markets Prepares to Launch Swarm Markets, which claims to be the world’s first fully regulated DeFi protocol, has started onboarding capital to its launch liquidity program, the company announced Thursday. Swarm Markets […]
Ethereum Favorite Curve Finance Heads to Fantom, xDai
Curve Finance, a decentralized exchange popularly used for trading stablecoins, has launched on Fantom and xDai’s growing ecosystems. Curve’s Multi-Chain Future Curve Finance has released an identical version of its decentralized exchange on Fantom and xDai. On Fantom, three pools are available, while xDai has only one: the protocol’s DAI, USDC, and USDT pool. With […]
Katy Perry Will Launch a Line of NFTs With Theta Labs
Key Takeaways Katy Perry is launching a line of collectible crypto tokens, or NFTs. These NFTs will be produced in partnership with Theta Labs; Perry will also acquire stake in Theta as part of the deal. Celebrity NFTs have become a notable trend in recent months. Pop music artist Katy Perry has announced that she […]
World Wide Web NFT Sells for $5.4 Million at Sotheby’s
Key Takeaways A digital NFT version of Tim Berners-Lee’s source code for the World Wide Web has sold for $5.4 million. Berners-Lee created the token on Ethereum earlier this month. Sotheby’s handled the sale; it has also auctioned other NFTs and accepted cryptocurrency as payment for other items. Tim Berners-Lee’s tokenized source code for the […]
Twitter Releasing Set of Ethereum NFTs
Twitter jumps on the NFT bandwagon. Twitter Releases First NFTs Twitter is entering the NFT space. The social media website teased seven pieces it would be releasing in a series of tweets from its official account Wednesday. In the initial post announcing the drop, Twitter’s team wrote that it would be releasing “140 free NFTs […]
HSBC Joins UAE’s KYC Blockchain Platform
HSBC, a Hong Kong-based multinational bank, has become the first foreign entity to join United Arab Emirates’ Know-Your-Customer (KYC) Blockchain Platform. HSBC Joins UAE’s KYC-Program HSBC has joined UAE’s Blockchain Platform. The Dubai Economy’s media office announced the partnership in a Wednesday blog post. The KYC platform is a state-sponsored program initiated by UAE’s government […]
NYDIG Launches Bitcoin Trading for 650 U.S. Banks
Key Takeaways NYDIG is partnering with digital payment giant NCR to create a mobile app where U.S. bank customers can buy cryptocurrencies. More than 650 banks have already agreed to link to the platform as they see massive outflows to cryptocurrency exchanges. The assets will be kept in custody by digital asset manager NYDIG. Digital […]
