Category Archive: Cryptocurrency, No picture
IDEX Announces Move to Target MEV on Ethereum
Key Takeaways IDEX is introducing “hybrid liquidity” pools with hopes of tackling slippage and front-running in DeFi. IDEX Hybrid Liquidity will combine an order book and trading engine with liquidity pools. As DeFi has grown, many traders have suffered from value extraction known as Miner Extractable Value (MEV). This news was brought to you by […]
FTX Exchange Launches Lumber Futures Market
Key Takeaways Following a surge in demand for lumber, FTX has launched a lumber futures market. FTX is known for its nimble approach to the market. It offers a wide variety of futures and prediction markets unavailable on other crypto exchanges. FTX is one of the fastest-growing crypto exchanges, processing almost $19 billion of volume […]
Grayscale Forms Partnership With New York Giants
Key Takeaways Grayscale has partnered with the NFL team the New York Giants. The asset manager will sponsor Giants events; it will also offer cryptocurrency seminars to the team. There are other opportunities for crypto adoption within the NFL. This news was brought to you by Phemex, our preferred Derivatives Partner. Crypto asset manager Grayscale […]
Is KFC Canada Really Accepting Dogecoin Payments?
Key Takeaways Earlier today, KFC Canada claimed via its Twitter account that it is accepting Dogecoin as a means of payment. However, the company’s website does not show any cryptocurrency payment options. It is possible that the statement was a tongue-in-cheek joke made in light of the recent Dogecoin craze. This news was brought to […]
Bitcoin Is Coming to a US Bank Near You, Says NYDIG
Key Takeaways Hundreds of banks are looking to offer cryptocurrency trading and custody to their clients. This should become available in the coming months due to a partnership with crypto custody firm NYDIG. Newer players such as Square, Robinhood, Paypal, or Coinbase currently dominate retail-facing cryptocurrency services. Banks can either provide crypto services to their […]
Oracle Tokens Chainlink, Band Protocol Surge to New Highs
Key Takeaways Chainlink made a new all-time high of $51.30, sending most short-term holders into the green. On the other hand, Band Protocol whales have gone into a buying spree, suggesting BAND will soon catch up. These cryptocurrencies sit on top of massive demand barriers that could slow down any potential sell-offs. This Exchange News […]
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 […]
