Cross-chain DeFi provider Cryptex Finance today will launch its JPEGz token, an index token based on the market capitalization of some of the hottest NFT collections, the company said. The index...
Tag: Crypto Ecosystems
Crypto markets tread water ahead of Fed speech
Cryptocurrency prices were little change alongside other risk assets ahead of Federal Reserve Chair Jerome Powell’s speech this afternoon at the Economic Club of Washington. Bitcoin was tr...
Lido presents plan for Version 2, adding staking withdrawals and more
Lido Finance finished the design for the second version of its protocol, which will bring in support for Ethereum staking withdrawals post-Shanghai and rework the Staking Router in a way that should b...
BNB Chain looking to grow, remain competitive in 2023: Messari
BNB Chain is aiming to be competitive in 2023, following a tumultuous year for crypto markets, Messari said. The blockchain network will focus on growth strategies and new tech developments, in...
A16z votes against proposal to deploy latest Uniswap iteration on BNB Chain
A proposal to deploy the latest version of decentralized exchange Uniswap on the BNB Chain passed an early temperature check, and a full governance vote on the Uniswap DAO is bringing the heavy hitter...
Protocol Labs trims 21% of staff in latest round of crypto job cuts
Protocol Labs is the latest digital asset company to lay off staff, cutting 21% of its workforce to lower costs amid a challenging environment. “As you know, this has been an extremely cha...
Crypto market continues to rise, while Silvergate shares seesaw after probe report
Bitcoin settled around $23,570 at 5:20 p.m. EST after climbing as high as $24,100 earlier in the day, according to TradingView data. It’s up about 0.4% over the past day following the Federal Re...
Bitcoin mining infrastructure startup Giga Energy raising $10 million in Series A
Giga Energy, a bitcoin mining infrastructure startup focused on utilizing wasted natural gas as a power source, is raising $10 million in Series A funding. The funding will help the Texas-based ...
Federal Reserve raises interest rates by 25 basis points, as expected
The U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 4.5-4.75 percent, bringing the interest rate to a 15-year high. Wednesday’s interest rate decisi...
DeFi protocol Archimedes raises $4.9 million in seed funding
Archimedes, a decentralized lending and borrowing protocol focused on leverage, raised $4.9 million in a seed funding round. Hack VC led the round, with Uncorrelated Ventures, Truffle Ventures, ...
Market trades flat ahead of Fed’s interest rate decision
Crypto prices remained mostly flat after the market opened on Wednesday, as traders await the Federal Reserve’s interest rate decision and comments from the subsequent press conference this afternoon....
Here’s how game theory can help traders understand crypto
Episode 5 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Jordi Alexander, Founder & CIO of Selini Capital. Listen below, and subscribe to The Scoop ...
Uniswap temperature check spurs feverish backroom maneuvering among crypto VC heavyweights
A community “temperature check” vote to see which cross-chain bridge would be utilized for decentralized exchange Uniswap’s third iteration swung decidedly in favor of Wormhole. But ...
CME’s crypto derivatives reach new highs as traders seek safe port in storm
Derivatives trading giant CME Group has clocked a record high in volume and open interest for bitcoin options as traders flock to the venue in the wake of the FTX meltdown. Bitcoin options volum...
Coinbase loses Bison Trail co-founders: Sources
The co-founders of Bison Trails left Coinbase today, according to three people familiar with the situation. Joe Lallouz and Aaron Henshaw created Bison Trails to run infrastructure on multiple b...
Crypto prices flat, while Dogecoin rallies
Crypto prices remained mostly flat after the market opened on Tuesday, with Dogecoin rising significantly by 8.1%, outperforming the top 10 coins. Bitcoin fell 0.3% to $23,117 around 9:50 a.m. E...
LayerZero CEO denies accusations of critical trusted third-party vulnerabilities
LayerZero CEO Bryan Pellegrino denied accusations that LayerZero — in connection with its Stargate bridge — has two critical trusted third-party vulnerabilities. “It’s 100% factually incor...
Twitter preps for payments with crypto option as Musk eyes super app, FT says
Twitter is working to line up the necessary regulatory approvals needed to integrate payments into the platform, including future crypto capabilities, the Financial Times reported. The social m...
Arbitrum-based DEX Vest comes out of stealth with seed round from Jane Street, others
Vest Exchange came out of stealth and revealed plans to launch a decentralized perpetual futures exchange on the Arbitrum network. The exchange has closed a seed round for an undisclosed amount ...
Secret Labs and Secret Foundation battle it out openly
Guy Zyskind, founder and CEO of Secret Labs, raised a number of questions around the past operations of the Secret Foundation and its founder Tor Bair. Both entities support the Secret Network, a priv...
Ether below $1,600, Silvergate down on dividend deferral, Coinbase pops 10%
Crypto prices remain relatively steady, with most of the major coins flat or marginally higher. Silvergate sank after suspending a preferred dividend. Bitcoin was trading at $23,000 by 11:50 a....
Floki Inu price soars 14% following DAO proposal to burn $55 million tokens
Dog-themed meme coin floki inu soared in price following a community proposal that would burn $55 million worth of its tokens. Floki Inu was trading up 14% to $0.000012 at 6:06 a.m. EST, accordi...
Bitcoin’s back in the green, Aptos reaches all-time high as major markets end little changed
Bitcoin jumped above $23,200 as Aptos’s APT soared 46% while traditional markets were muted. The largest cryptocurrency was up about 1.6% over the past day at 4:35 p.m. EST after trading l...
DYdX pushes back $156 million of token unlocks for investors to December from February
Decentralized exchange dYdX delayed its token unlocks for investors to Dec. 1 from Feb. 3, according to a note sent out to investors obtained by The Block. The exchange was set to release 150 mi...
Vitalik Buterin closes seven-month short trade on RAI token, netting $92,000
Ethereum co-founder Vitalik Buterin closed a seven-month short position on the non-pegged purported stablecoin RAI, netting a cool $92,000, according to on-chain records. Buterin took the trade ...