Category Archive: Cryptocurrency, No picture
eToro to limit US crypto trading after $1.5M SEC settlement
Key Takeaways eToro will continue allowing US trades of Bitcoin, Bitcoin Cash, and Ethereum following the SEC settlement. The SEC’s recent actions include settlements and lawsuits with major crypto exchanges like Binance and Coinbase. Share this article The SEC has reached a settlement with trading platform eToro, requiring the company to restrict crypto trading for […]
Chainlink Data Feeds go live on Soneium’s Minato testnet
Key Takeaways Soneium joins Chainlink Scale program, integrating Chainlink’s data feeds on its Minato testnet. Chainlink CCIP will serve as the canonical cross-chain infrastructure for Soneium. Share this article Decentralized oracle network Chainlink announced today that Soneium, the next-generation Ethereum layer 2 blockchain developed by Sony Block Solutions Labs, has joined the Chainlink Scale program, […]
Grayscale rolls out XRP trust in the US
Key Takeaways Grayscale’s XRP trust targets accredited investors, which is different from an ETF. The company has been instrumental in bringing crypto ETFs to Wall Street. Share this article Grayscale, the world’s leading crypto asset manager, is launching a closed-end XRP trust in the US, aiming to offer accredited investors direct exposure to Ripple’s XRP […]
Coinbase debuts Wrapped Bitcoin on Ethereum and Base
Key Takeaways Coinbase’s cbBTC enables millions of customers to access DeFi apps using their Bitcoin holdings. cbBTC is backed 1:1 by Bitcoin in Coinbase custody, fostering trust and liquidity in the DeFi ecosystem. Share this article Coinbase has launched a new Wrapped Bitcoin dubbed Coinbase Wrapped BTC (cbBTC), an ERC20 token backed 1:1 by Bitcoin […]
OpenAI could reach $150 billion valuation with Apple, Nvidia backing
Key Takeaways OpenAI’s valuation could soar to $150 billion with new funding. The AI startup is also discussing a $5 billion revolving credit facility with banks. Share this article OpenAI is seeking to raise $6.5 billion in a new funding round that could boost the company’s valuation to $150 billion, as reported by Bloomberg on […]
Pendle expands yield opportunities for Bitcoin holders with new BTC pools
Key Takeaways Pendle has introduced BTC pools to provide enhanced yield strategies for Bitcoin holders. The platform’s integration with Corn’s LBTC and other BTC variants signifies its adaptability in the DeFi market. Share this article Pendle, known for its success in ETH-centric DeFi narratives, is expanding into Bitcoin yields by introducing new BTC pools, providing […]
CUDOS may join Fetch.ai, SingularityNET, and Ocean Protocol as member of ASI Alliance
Key Takeaways CUDOS’s integration into the ASI Alliance could decentralize AI infrastructure and enhance efficiency. The merger is contingent on community approval, with detailed terms and conversion ratios set. Share this article The Artificial Superintelligence (ASI) Alliance, a collaborative initiative established by Fetch.ai, SingularityNET, and Ocean Protocol, may soon welcome CUDOS, a decentralized cloud computing […]
Ex-Alameda CEO Caroline Ellison pushes for no prison sentence in FTX role
Key Takeaways Caroline Ellison requests no prison time, citing cooperation and testimony in FTX case. Ellison revealed Bankman-Fried’s instructions for misleading investors and risky investments. Share this article Caroline Ellison, former CEO of Alameda Research, is requesting to avoid prison time for her involvement in the FTX collapse.As reported by Bloomberg, her lawyers filed a […]
Aptos navigates token unlock amid layer-1 ecosystem growth
Key Takeaways Aptos’ token price remained stable at $6.10 after releasing 11.31 million tokens. Aptos’ total market cap continues strong at $2.97 billion post-unlock. Share this article Aptos (APT) recently underwent a significant token unlock event, releasing 11.31 million APT tokens into circulation on September 11, 2024. This unlock, representing 2.32% of the total supply […]
Bitcoin volatile as August CPI report looms
Key Takeaways Bitcoin’s price increased by 2% before stabilizing ahead of the CPI data release. Market anticipates a rate cut at the FOMC meeting, influenced by CPI outcomes. Share this article The price of Bitcoin surged around 2% to $57,900 on Tuesday but the rally hit a pause ahead of August Consumer Price Index (CPI) […]
