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Blockchain

Paradigm Criticizes Blast’s Launch Strategy and Marketing Tactics

Paradigm, a leading crypto venture capital firm, openly criticized the marketing and execution strategy of Blast, a startup in which the former is a seed investor. Dan Robinson, Paradigm’s Head of Research, voiced his concerns over Blast’s approach, stating it sets a troubling precedent for other projects in the blockchain space. Dan Robinson’s Critique of Blast In a statement released on X, Robinson expressed Paradigm’s disagreement with Blast’s decision to launch a bridge...

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Sygnum launches first institutional Crypto Multisector Index

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Sygnum today announces a major addition to its institutional crypto sector indices product portfolio – the Sygnum Crypto Multisector Index Linked Certificate (ILC). Exploring crypto investments beyond Layer 1 The Sygnum Crypto Multisector Index Linked Certificate is designed to give professional and institutional investors broad and intelligent exposure to the...

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New Binance CEO Promises Greater Transparency

The new Binance CEO has noted that Binance will begin operating a conventional corporate structure under his leadership. New Binance CEO Richard Teng has promised that the firm will maintain a greater commitment to transparency moving forward. Teng made this pledge in his first blog post to the company users. Mr Teng took over as CEO after Changpeng Zhao (CZ) pled guilty to charges of money laundering and sanctions violations. CZ was asked to step down from the company as part of a $4...

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SEC Posts Memorandum Exploring BlackRock and Grayscale ETF Proposals

The SEC website showed one memorandum with details of a discussion with BlackRock, and another one on a discussion with Grayscale. The US Securities and Exchange Commission (SEC) on Sunday revealed on its website one memorandum detailing discussions with financial giant BlackRock (NYSE: BLK), and another with crypto asset manager Grayscale Investments. These memos involved proposed rule changes concerning the listing and trading of spot Bitcoin exchange-traded funds (ETFs) by both...

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eToro Receives Approval to Operate in UAE

eToro’s foray into the UAE comes amidst a period of global expansion for the platform. The retail and social trading giant eToro recently announced that it has received a license from the Abu Dhabi Global Market (ADGM) to operate as a broker in securities, derivatives, and crypto assets in the United Arab Emirates (UAE). eToro Bags Significant License Yoni Assia, the Founder and CEO of eToro, expressed his enthusiasm, stating: “It is a key milestone in our continued global expansion....

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Ripple: Digitale Währung der Zukunft?

Die Frage, ob Ripple die Zukunft der Finanzwelt gehört, ist komplex und hängt von verschiedenen Faktoren ab. Ripple, ein Unternehmen, das auf Blockchain-Technologie basiert, hat sich zum Ziel gesetzt, das globale Finanzsystem zu revolutionieren. Hier sind einige Schlüsselpunkte, die bei der Betrachtung dieser Frage relevant sind: Technologie und Effizienz: Ripple verwendet das XRP-Ledger, eine Blockchain-Technologie, die schnelle und kostengünstige...

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Binance Futures Unveils Its Grand Trading Tournament with $2 Million USDT in Prize

Alongside the traditional trading competition, Binance futures participants can engage in a Copy Trading Competition and a Trading Bots Competition. On Monday, September 27, Binance Futures, the leading crypto derivatives exchange globally, has unveiled the highly anticipated Binance Futures Grand Trading Tournament. Boasting the largest prize pool in the tournament’s history, participants have the chance to compete for up to $2 million in USDT. In an exciting development, this edition of...

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KyberSwap Recovers $5.7M from $47M Hack, Gives Hackers 10% Bounty

KyberSwap has stated that it will continue to cooperate with law enforcement and cybersecurity experts to recover user funds and track down the perpetrators of the attack. The KyberSwap team has recovered approximately $5.7 million after last week’s $47 million hack on KyberSwap liquidity pools on Polygon and Avalanche. The company announced that it has negotiated a return of 90% of the user funds, with the remaining 10% serving as a bounty for the hackers. “The KyberSwap team has been in...

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Ethereum Co-Founder Outlines Roadmap for Improving ETH Network’s Staking and Upgrades

Buterin also touched on the roadmap for Ethereum’s technical upgrades, referring to an imminent transition called ‘Danksharding’ that expands data availability and enables more transactions per block. Speaking recently at the Turkey Blockchain Summit, Ethereum co-creator Vitalik Buterin discussed some of the platform’s plans for enhancing decentralization around staking while providing updates on upcoming network changes aimed at boosting usage capacity. Recognizing the growing...

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USTC Sees Over 285% Gains in 24 Hours, Here’s Why Stablecoin Is Surging

The recent price surges seen in both the USTC and LUNC, once again highlight the undying resolve and commitment of the Terra Classic community to bring value to both assets. Algorithmic stablecoin TerraClassicUSD (USTC) has received a massive boost in the last 24 hours, posting over 283% gains within the period. As of publication, CoinMarketCap data showed the USTC price standing at $0.6279, as it continues to make an impressive effort toward reclaiming its peg to the US dollar. Recall...

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