Category Archive: Cryptocurrency, No picture
Coinbase’s Q1 Call Reveals Growth, Product Roadmap
Key Takeaways Coinbase broadcast its Q1 earnings call today, featuring CFO Alesia Haas and CEO Brian Armstrong. The executives revealed Coinbase’s expected future growth, plus its plans for new features and supported assets. However, the executives spent almost no time discussing Coinbase’s IPO, which will take place next week. This Exchange News was brought to […]
dYdX Has Launched Layer 2 Perpetual Contracts
Key Takeaways dYdX has released a new version of its derivatives trading platform that offers low fees and reduced confirmation times. The new version is designed to tackle scalability, one of the greatest challenges facing decentralized finance (DeFi). This version reduces the barrier to entry by removing the onboarding process that other exchanges require. This […]
Playboy Partners With Nifty Gateway NFT Platform
This news was brought to you by ANKR, our preferred DeFi Partner. Playboy announced the partnership along with multiple artist collaborations and curations earlier today. Playboy Bunnies on the Blockchain Nifty Gateway is an NFT platform owned by the Gemini exchange, focusing on the sale of digital art. Playboy Enterprises, a media company most known […]
Stellar Blockchain Faces Outage as Some Validators Go Offline
The Stellar blockchain is currently facing a serious network outage due to an unknown bug. Bitstamp Halts Stellar XLM According to Stellar’s official update, an unknown technical glitch has caused some important validators to drop off the network. As of 13:26 UTC, Stellar Development Fund (SDF) engineers are busy investigating the technical issues that caused […]
Litecoin Targets New Yearly Highs Despite Lacking Fundamentals
Key Takeaways Following a month-long stagnation period, Litecoin seems ready to resume its uptrend. The breakout from a consolidation pattern suggests LTC could rise to $290. Speculation over the upcoming Coinbase IPO listing appears to be influencing this cryptocurrency’s price action. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Litecoin’s […]
After Solana, Tether Launches on Polkadot, Kusama
Key Takeaways Tether is launching on Polkadot and Kusama. USDT will first be available on Kusama, before going live on Polkadot. Tether is the world’s most liquid stablecoin. It’s already available on several leading blockchains, including Ethereum and Solana. This news was brought to you by Phemex, our preferred Derivatives Partner. Another two chains for […]
Sacramento Kings to Offer Bitcoin Salaries to Players, Staff
This news was brought to you by Phemex, our preferred Derivatives Partner. The NBA franchise is set to become the first major sports team to offer both players and staff the option to receive their salary in Bitcoin. Sacramento Kings Pivot to Bitcoin Sacramento Kings chairman Vivek Ranadivé announced that he would now allow both […]
Bancor Burn Update Turns Protocol Into Ultimate BNT Buyer
Key Takeaways Bancor will use 5% of all swap fees on the protocol to buy vBNT back and burn it. By burning vBNT, Bancor locks BNT in the protocol forever. This move should have beneficial effects on the price of vBNT and BNT. This news was brought to you by ANKR, our preferred DeFi Partner. […]
GoDaddy Briefly Put Bitcoin.com Up for Sale By Mistake
Key Takeaways Domain registrar GoDaddy briefly and erroneously listed Bitcoin.com for sale, with a $100 million price tag attached. Roger Ver, Bitcoin Cash leader and operator of Bitcoin.com, commented on the false listing via Reddit. It is not clear why the issue arose, but it represents one of many branding issues for the Bitcoin Cash […]
XRP User Files Lawsuit Against Nexo for $5M in Liquidations
Key Takeaways Popular lending platform Nexo has been charged with a class action lawsuit over the suspension of XRP. The lawsuit alleges that Nexo caused monetary losses of over $5 million for customers as a result of suspending XRP on the platform. Nexo says it was in adherence with regulations and its own terms and […]
