Category Archive: Cryptocurrency, No picture
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 […]
Musician Receives $200,000 in Crypto Donations After Twitch Raid
Key Takeaways A young musician has received $200,000 in ETH, REN, and other tokens after a group of crypto followers raided their Twitch stream last night. The group had tried to donate to another musician on the streaming service, but targeted Mela Bee after mods censored their messages in the chat room. Jordan Fish, the […]
Six Jailed in Connection With Thodex Fraud Case
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Turkish authorities have arrested six people connected with the Turkish exchange Thodex. Thodex Associates Face Jail Time A Turkish court ruled that the suspects—who included the Thodex CEO’s siblings and senior staff members—would face jail time in a Thursday hearing. At least […]
Kraken to Integrate Parachain Auctions This May: Report
Key Takeaways The Polkadot ecosystem is heating up quickly as parachain auctions will soon launch on its canary network, Kusama. The integration would let customers contribute to the auctions directly from the exchange. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Cryptocurrency exchange Kraken is eyeing a launch for its […]
Coinbase Acquires Analytics Firm Skew, Doubles Down on Institutions
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. With this acquisition of Skew, Coinbase can continue tapping into the growing number of institutional investors entering the market. Coinbase Adds Skew to Portfolio Skew has already built out many of the services traditional money managers use, including data on futures markets, […]
