Category Archive: Cryptocurrency, No picture
Balancer and Gnosis Are Launching a New Ethereum Exchange
Key Takeaways Balancer and Gnosis are launching an Ethereum-based DEX called the Balancer-Gnosis-Protocol. Through combining Balancer V2’s Vault system with Gnosis’ price-finding mechanism, the new DEX aims to protect traders from MEV. It will launch in several stages, with a full integration slated for mid-June. This news was brought to you by ANKR, our preferred […]
BSC Protocol Uranium Finance Hacked for $50 Million
This news was brought to you by ANKR, our preferred DeFi Partner. Yet another DeFi project on the Binance Smart Chain has fallen to hackers. This time, Uranium Finance was drained of more than $50 million. Uranium Finance Joins List of Hacked Projects The attackers exploited a bug in Uranium Finance’s smart contract to swap […]
Aave Liquidity Mining Program Is Ready to Launch
Key Takeaways Aave’s liquidity mining program will distribute close to $1 million daily, split equally between lenders and borrowers. Most of these rewards will go to stablecoin pools to increase the liquidity of DeFi stablecoins. The platform has already attracted more than $1 billion in liquidity. This news was brought to you by ANKR, our […]
Ellen DeGeneres Sells NFT, Talks About Dogecoin
Key Takeaways Ellen DeGeneres auctioned a piece of digital art, titled “Woman With a Stick Cat,” for $14,555 today. Proceeds from the auction and other related sales went to the disaster relief charity World Central Kitchen. Meanwhile, Shark Tank host Mark Cuban appeared on Ellen’s talk show to discuss cryptocurrencies, NFTs, and Dogecoin. Comedian and […]
TIME Calls Coinbase and DCG Influential Companies
Key Takeaways TIME’s 100 Most Influential Companies list includes two crypto firms: Coinbase and Digital Currency Group (DCG). It chose those two companies due to the “extraordinary impact” that each has made in the business world. TIME has previously taken interest in cryptocurrencies and NFTs. TIME Magazine has listed Coinbase and Digital Currency Group (DCG) […]
European Investment Bank to Issue Digital Bonds on Ethereum: Report
This news was brought to you by ANKR, our preferred DeFi Partner. Yet more signs of mainstream adoption for crypto. This time, Ethereum is reportedly taking the spotlight courtesy of the European Investment Bank. EIB Reportedly Leveraging Blockchain The European Investment Bank will use blockchain technology to issue two-year digital bonds, Bloomberg has reported. In […]
Ripple’s Defense “Legally Insufficient,” Says SEC
Key Takeaways On Apr. 22, the SEC said that the court should dismiss Ripple’s fair notice defense as it is “legally insufficient.” The SEC said it was merely doing its job as conferred by the U.S. Congress, and Ripple should not impede the process. In a separate document, the SEC criticized Ripple’s attempt to stop […]
Tesla “Tests Liquidity,” Sells $272M Bitcoin
Key Takeaways Tesla’s sale suggests that Bitcoin can act as a liquid solution to generate income from cash reserves. Tesla’s CFO added: “Bitcoin is a good decision to store cash not used in daily operations”. Their easy exit has shown other large companies that Bitcoin can be a valid investment – even for the biggest […]
Binance to Launch NFT Marketplace this June
Key Takeaways Binance is unveiling an NFT marketplace this June. The platform will host a market for premium auctions and exhibitions, and a regular day trading market. It will initially support Binance Smart Chain and Ethereum. It looks like Binance wants in on the NFT hype. Binance Eyes NFT Market Binance is about to open […]
Eminem Joins The Weeknd, Grimes, Raising $1.78M From First NFT Collection
Key Takeaways Eminem released his first set of NFTs through Nifty Gateway on Sunday. The collection raised just short of $1.8 million. The collection featured digital action figures, characters from iconic Eminem videos, Mathers’ original instrumental beats, and rare physical items. The NFT space has attracted many musicians this year, but Eminem is arguably the […]
