BlackRock has made $369,137 from its investment into Bitcoin futures, according to SEC’s filing. Despite crypto volatility, the investment firm is on a trajectory to more from its Bitcoin futures investments. (Read More)
U.S. Payment Network Affirm Promotes Crypto Trading Services via Debit Card
American payment company Affirm announced that it plans to launch a debit card that will add cryptocurrency buying and selling functions, allowing users with affirm’s savings accounts to buy and sell cryptocurrencies freely. (Read More)
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ACE Exchange’s First LGBT-Themed NFT Collectable Hits Markets
Following the launch of ACE Exchange’s LGBT-themed non-fungible token (NFT), which features the popular Taiwanese couple CACA&BELLA, the token has attracted a flurry of interest. NFTs (Non-fungible Tokens) are leading the crypto craze and attracting more mainstream attention. The market valuations have increased, and some of the largest auction houses are dealing in NFTs. This […]
XBE Finance builds on Curve and Convex to grow $175bn Defi market
Borderless. Fair. Transparent. Decentralized Finance is making a strong case as an alternative global financial system. Growing in deposits over $175bn and new technologies such as layer two support – we are witnessing explosive growth in industry innovation. The decentralized technology it is based on attracts the best and brightest minds from around the world […]
Dollar Strength Remains High as Traders Wait for Tapering
On Wednesday, the dollar was trading at its highest levels, driven higher by the U.S. rates and aided by market concerns about the Federal Reserve would begin to remove the support as global economic headwinds mount. The Japanese yen is a currency that is sensitive to the U.S. yields because higher rates might attract capital […]
Cardano to Invest $100 Million to Fund Decentralized Finance Projects
Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin two subsidiaries for this task, with one being fully dedicated to incentivizing the creation of Africa-based startups that use the Cardano blockchain in the development […]
SEC filings show Morgan Stanley has doubled its Bitcoin (BTC) position
After its previous hostility towards Bitcoin and other crypto assets, Morgan Stanley, a leading investment bank, has increased its exposure to the leading digital assets per its recent filings with the Securities and and Exchange Commission (SEC) on September 27. Morgan Stanley Europe Opportunity Fund purchases more GBTC shares According to the filing, the multinational […]
CFTC Slams Kraken with $1.25M for Illegal Market Operations
The CFTC says Kraken has been fined and is required to pay the sum of $1.25 million for illegally offering margined retail commodity transactions in digital assets (Read More)
Nervos Collaborates with SunDaeSwap for Cross-Chain Fungibility
SundaeSwap Labs has partnered with Nervos Network for increasing liquidity on Cardano. SundaeSwap is the leading decentralized exchange protocol on the Cardano blockchain network. One of the essential parts of this strategic collaboration will comprise the Nervos Force Bridge, which will be launched soon. Consequently, Nervos will be able to lend its bridge to SundaeSwap […]