Crypto derivatives markets are growing in popularity as traders seek strategic, short-term exposure to digital assets. Crypto derivatives platform Delta Exchange announced Wednesday that it has launched futures trading on Solana (SOL) and Cardano (ADA), giving investors a new access point to the leading altcoins. The initial rollout of SOL and ADA call and put […]
Search Results for: players
Coinbase Lend Faces Backlash With The SEC
The bitcoin exchange isn’t receiving the regulatory approval it expected for its Lend product, citing a lack of clarity from the SEC. Bitcoin exchange Coinbase’s new Lend program is facing strong opposition from the U.S. Securities and Exchange Commission (SEC), which called the product a securities offering. Coinbase Chief Legal Officer Paul Grewal published a […]
Institutional investors dominated the DeFi scene in Q2: Chainalysis report
Big-money players accounted for the majority of transactions in the decentralized finance crypto market in Q2 2021. The DeFi market appears to no longer be the domain of retail actors alone as the institutional investment footprint in the crypto market segment continues to attain more significant levels. According to blockchain intelligence firm Chainalysis, institutional investors […]
Monster Clan Assimilates Chainlink VRF on Polygon
An innovative third-person player-controlled NFT game, Monsters Clan, is assimilating Chainlink Verifiable Random Function (VRF) on the Polygon blockchain. By assimilating the pioneering decentralized network, one can be assured of a verifiable randomness source, which is tamper-proof in nature. This makes the pairing of two players or clans competing in the Monsters Clan NFT game […]
Central Bank of Brazil Director States Government Will Know ‘Everything You Have in Bitcoin’
Mauricio Moura, a current director of the Central Bank of Brazil, stated that anonymity won’t be a choice when making cryptocurrency transactions in the country. The representative stated that, sooner or later, all users would have their transactions identified by the government. These comments came at an event promoted by the Institute of Professionals for […]
Russia not ready to accept Bitcoin as legal tender, says Kremlin
The Russian government keeps insisting that payments in cryptocurrencies like Bitcoin would ruin its financial system. Amid El Salvador officially accepting Bitcoin (BTC) as legal tender today, the Russian government has reiterated its negative stance to a scenario where BTC could be accepted as an official currency. Dmitry Peskov, the official representative of Russian President […]
SOL price nears $200 after FTX’s Solana-enabled NFT marketplace goes live
The latest bout of buying has pushed SOL/USD’s quarter-to-date gains up by more than 450%. Solana (SOL) bulls have largely ignored its overvaluation risks as the blockchain asset goes after another milestone price level. The SOL/USD exchange rate almost reached $200 on Sept. 7 as investors continued to treat Solana as a long-term competitor to Ethereum, […]
GameFi: The Next Big Thing of Cryptoverse
GameFi is a hot new trend in financial ecosystems, as it enables play to earn, yet free to play games to run on top of blockchains like Enjin and TRON. These games also enable players to collect unique NFTs, which can be worn as gadgets in these games and can even be carried across separate […]
German asset manager Union Investment seeks BTC exposure for several funds
German funds and asset managers are expanding their horizons on crypto investments now that the nation has more favorable laws governing Spezialfonds. Union Investment, a $500 billion asset manager, is planning to add Bitcoin (BTC) to several investment funds as part of a targeted pilot program for its institutional clients, offering compelling evidence that crypto is […]
NFL Bans Teams From Participating In Cryptocurrency Sponsorship Deals
The NFL has reportedly banned its teams from participating in sponsorship deals with cryptocurrency trading firms. This ban includes the auction of NFTs, but excludes sponsorships from companies that may have a connection with cryptocurrency as long as this sponsorship is focused on the company’s corporate brands. While a number of leagues and sports teams […]