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Smart Contract Platform Llama Raises $6M From Investors Including Polygon, Aave Founders
6.11.2023
Llama aims to make governance of blockchain protocols more effective by enabling protocols to encode roles and permissions to take on-chain actions
Roger Ver Seeks Winding Up of Matrixport in Seychelles Lawsuit
6.11.2023
The investor launched a suit last year in Seychelles against Matrixport's subsidiary Smart Vega, which runs Bit.com, for confiscating $8 million, which he says Jihan Wu is keeping because Wu blames him for the collapse of CoinFLEX
Arthur Hayes Warns of Institutional Hold on Bitcoin – Innovation or Centralization?
6.11.2023
Growing institutional custody service over bitcoin is raising alarms. Arthur Hayes, the founder of Maelstrom Fund, said that bitcoin’s core value of decentralization could be at risk. In a recent podcast with Blockworks, Hayes portrayed a future where dominant financial establishments could...
Billionaire Investor Charlie Munger Sees Bitcoin’s Rise as Disruptive Threat to Traditional Finance
6.11.2023
Berkshire Hathaway’s Vice Chairman, Charlie Munger, recently reiterated his harsh critique of Bitcoin, labeling it as a threat to traditional finance in an interview with the Wall Street Journal. Munger, the long-time business partner of Warren Buffett, didn’t mince words in expressing...
Senator Lummis Takes a Stand Against SEC’s Crypto Crackdown, Says the Commission is “Overreaching”
6.11.2023
Senator Cynthia Lummis (R-Wyo.) has voiced opposition to the Securities and Exchange Commission’s ongoing crackdown on the cryptocurrency industry. In an interview with Yahoo Finance, she expressed her concerns about the regulatory agency’s actions and vowed to block one of...
Crypto portfolio management platform MC2 Finance joins Cointelegraph Accelerator
5.11.2023
Decentralized crypto wealth management platform MC2 Finance becomes the latest participant of the Cointelegraph Accelerator program
Aave’s GHO Stablecoin Grapples With Dollar Peg Stability: Liquidity Fixes on the Horizon
4.11.2023
The decentralized finance (defi) protocol Aave’s stablecoin asset called GHO has been struggling to keep its peg to the U.S. dollar. While it is coasting along at $0.966 per unit at the time of writing, five days ago it tapped an all-time low at $0.917 per coin. Aave’s Liquidity Committee aims...
Study: Stablecoin Activity the Highest in Q3 of 2023 With Approximately 400K Daily Active Addresses
4.11.2023
By the end of Q3 2023, activity in the stablecoin category as measured by the number of daily active addresses (DAA) stood at over 400,000 — the highest in any category. In the decentralized finance (defi) category — the next highest-ranked category — the number of DAAs at...
DeFi Protocol SafeMoon Still Running Despite Securities Violations
3.11.2023
Decentralized finance (DeFi) protocol SafeMoon has addressed the recent litigation by the United States Securities and Exchange Commission (SEC), expressing its intent to seek a resolution. We are reviewing the recent news and we of course take these issues extremely seriously. As we receive more...
Multichain inside job? And SOL surges 80% in a month: Finance Redefined
3.11.2023
The exploited Multichain bridge briefly opened on Nov. 1, and a trader managed to use this opportunity to buy debugged assets at a discount, allowing them to make more than $1.5 million in profits
Celestia's TIA Airdrop Hype Wanes as Blockchain Struggles to Gain Users
3.11.2023
Celestia, the modular blockchain that claims it will scale with more users, has struggled to wrangle much of a market share in its first week, with less than 350,000 transactions being registered in four days
Voyager Token Jumps 20% as $7.3M VGX Sent to Burn Address
3.11.2023
The native token [VGX] of bankrupt crypto brokerage firm Voyager Digital surged by 19% on Friday after on-chain data revealed that a Voyager wallet sent 52 million tokens ($7.3 million) to a burn address
BitGo and Copper Combine Crypto Custody Settlement Networks
3.11.2023
The network effect of BitGo’s cold storage settlement system and Copper’s ClearLoop comprises exchanges like Bybit, OKX, Powertrade, Bitget, Gate.io, Deribit, BIT, Bitfinex, and Bitstamp
Singapore Police Issue Warning Over WhatsApp Phishing Scam
3.11.2023
Singapore's police force have issued a warning in relation to a new variant of a phishing scam that involves hackers taking over a victim's WhatsApp account and contacts
U.S. October Jobs Up 150K, Missing Forecasts for 180K; Bitcoin Remains Lower at $34.3K
3.11.2023
Interest rates have fallen sharply this week across the U.S. yield curve, in part as traders place bets the Fed is finished tightening monetary policy
Coinbase Beats Q3 Earnings Estimates While Trading Volume Falls
2.11.2023
The crypto exchange's third quarter transaction revenue rose/fell short from previous quarter
Crypto for Advisors: Opinion: Direct Crypto Ownership Is Best
2.11.2023
In this week's issue of Crypto for Advisors, learn why direct ownership of crypto may be in the best interest of the client
MicroStrategy Acquired an Additional 155 Bitcoin Since End of Q3
2.11.2023
MicroStrategy purchased the bitcoin at an average price of $27,531, according to its earnings report on Wednesday
Bitcoin Miner Marathon Tests BTC Mining With Methane Gas From Waste Landfill
2.11.2023
The 280 Kilowatt (kW) pilot project in Utah is already operational
Swiss Bank SGKB Partners with SEBA for Crypto Custody and Trading Services
2.11.2023
Switzerland’s fifth largest cantonal bank, St.Galler Kantonalbank (SGKB), has partnered with SEBA Bank to offer custody and trading services for Bitcoin and Ethereum. SGKB announced that the service is initially available to a select group of wealth-management clients at SGKB with future...