Category Archive: Cryptocurrency, No picture
Galaxy Digital to Acquire BitGo for $1.2 Billion
Key Takeaways Galaxy Digital is buying BitGo for $1.2 billion. The deal will be paid using both stocks and cash. The firm’s CEO and founder Mike Novogratz said that the acquisition is part of a plan to “institutionalize digital asset ecosystems and blockchain technology.” Galaxy Digital is engaging in “reorganization and domestication” with a view […]
O3 Swap: A Cross-Chain DEX Aggregator for Tomorrow’s DeFi
Key Takeaways O3 Swap was launched by O3 Labs, a Japanese crypto project that begin with a light wallet. O3 Swap helps abstract away many of the complexities of making cross-chain transactions. Not only does the platform aggregate Ethereum DEXes, but also those on BSC, Neo, and others. This news was brought to you by […]
Sotheby’s Will Accept Bitcoin in Next Banksy Auction
Key Takeaways Sotheby’s has announced that it will accept BTC and ETH in an upcoming auction of a Banksy artwork. Payments will be processed through Coinbase Commerce. The brokerage plans to accept crypto in future auctions as well. This news was brought to you by Phemex, our preferred Derivatives Partner. Sotheby’s will accept cryptocurrency for […]
Gemini Lists Dogecoin, Sending Price to New Highs
Key Takeaways Gemini has revealed that is listing Dogecoin for trading, and that the coin will be available beginning today, The announcement has seen a significant number of investors rush to exchanges to buy some Dogecoin. DOGE’s price has risen by more than 46% in the last few hours. This news was brought to you […]
Bitcoin and Ethereum Indices Debut on S&P Dow Jones
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. These indices will be tied to the performance of the cryptocurrency market without requiring investors to hold crypto themselves, opening the door for further institutional investment. Traditional Finance Gains More Access to Crypto The S&P Dow Jones Indices, a branch within the […]
Ethereum Sets a New All-Time High Above $3,500
Key Takeaways Ethereum’s ETH currency has crossed $3,500 for the first time. ETH has been outpacing BTC over the last few weeks. It’s up 380% year-to-date and hit a ratio of 0.06 relative to BTC. Data suggests that institutions are starting to accumulate ETH this year. This news was brought to you by ANKR, our […]
Meebits NFTs Selling for Six Figures as Larva Labs Banks $80M
Key Takeaways Larva Labs, the creators of the iconic CryptoPunks and Autoglyphs NFT collections, unveiled a new metaverse-focussed series called Meebits yesterday. Punk and Glyph owners could mint their own Meebits for free, while a public release of 9,000 NFTs sold out within a few hours. Initially priced at 2.5 ETH, the series has been […]
Fei Has Achieved Price Stability After Initial Failure
Key Takeaways The Fei Protocol team has restored the value of its stablecoin, as the coin’s market value now sits at $0.97. The team is conducting an audit so it can reinstate price stabilization mechanisms that were halted due to a vulnerability. The governance community has voted to allocate 300,000 ETH to users, and it […]
EBay Is Exploring NFTs and Possibly Crypto Payments
Key Takeaways EBay is exploring the possibility of adding non-fungible tokens (NFTs), or cryptocollectibles, to its platform. To a lesser extent, it is also considering crypto payments. E-commerce sites have become a hotspot for cryptocurrency, as Shopify and Newegg both embrace the technology. E-commerce site eBay says that it is exploring the possibility of adding […]
Maker Foundation Transfers $450M Tokens to Community
No less than $450 million were transferred to its community-led DAO, around 10% of the circulating supply of Maker’s governance token. Maker Doubles Down on Decentralization The Maker foundation, the team behind the decentralized protocol, has returned 84,000 MKR tokens to the MakerDAO. The decentralized autonomous organization is responsible for the future of the most […]
