Tag Archives: News

SSV.Network is on the verge of completing its mainnet launch. Once achieved, it will pave the way for a wider rollout of its DVT implementation. Ethereum staking infrastructure protocol SSV.Network has unveiled a major partnership with P2P.org, the non-custodial provider of institutional staking. The deal will see P2P.org integrate the DVT Staking API, bringing Distributed Validator Technology to institutions, who will benefit from a stronger and more distributed validator set. DVT Enters...

As part of the deal, Pulsar Finance’s flagship product Portfolio, will undergo integration into Terraform’s Station, a cross-chain wallet. Terra blockchain’s leading developer Terraform Labs announced the acquisition of the cross-chain portfolio management and analytics startup Pulsar Finance. This development arises as Terraform grapples with ongoing legal challenges arising from the demise of the algorithmic stablecoin TerraUSD in May of 2022. A notable legal conflict involves a lawsuit...

ADA price is correcting gains from the $0.40 zone against the US Dollar. The price is now trading below $0.380 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.378 on the 4-hours chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.378 and $0.395 resistance levels. Cardano’s price is rising above $0.340 against the US Dollar, like Bitcoin. ADA price could resume...

Ethereum price is moving higher above the $2,000 resistance against the US Dollar. ETH price is now trading above $2,000 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1,980 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,950 support zone. Ethereum price is rising above the $1,950 level against the US Dollar. ETH/USD could rise further if it clears the...

Alphabet’s decision to completely divest from Robinhood raises questions about the tech giant’s confidence in the long-term viability of the once-burgeoning fintech darling. In a recent development, Alphabet Inc (NASDAQ: GOOGL), the parent company of Google, announced the dissolution of its stake in the trading app operator, Robinhood Markets Inc (NASDAQ: HOOD). This decision follows Alphabet’s earlier reduction of its stake in the company by nearly 90%, leaving it with approximately...

Erik Voorhees, a prominent Bitcoin advocate, highlighted THORChain’s significance by noting that it processed almost 2%, equivalent to $224 million, of the overall spot Bitcoin trading volume between November 11 and 12. In a recent development, THORChain has emerged as a powerhouse in the Decentralized Finance (DeFi) ecosystem, claiming the title of the third-largest Decentralized Exchange (DEX) by trading volume. Over the last week, THORChain recorded an impressive $1.32 billion in...

SOL-PERP and AVAX-PERP markets will be launched on Coinbase International Exchange and Coinbase Advanced starting November 14. Coinbase, a leading cryptocurrency exchange, revealed its plan to introduce perpetual futures contracts for two major altcoins, Solana (SOL) and Avalanche (AVAX). The exchange will feature SOL-PERP and AVAX-PERP markets on Coinbase International Exchange and Coinbase Advanced starting November 14, pending favorable liquidity conditions. Perpetual futures, a...

The inclusion of Animoca Brands in this ecosystem solidifies Chiliz’s commitment to being the primary blockchain infrastructure for the sports and entertainment sectors. On November 13, 2023, Chiliz revealed that Animoca Brands has become a validator and key participant on the Chiliz Chain, contributing to the decentralization of the platform’s governance. The Chiliz Chain serves as a catalyst for Web3 projects, particularly those focused on enabling sports brands to engage with and...

In tandem with the IPO preparations, Bithumb has initiated efforts to improve its corporate structure. Bithumb, one of South Korea’s leading crypto exchanges, is reportedly gearing up for a groundbreaking Initial Public Offering (IPO) on the KOSDAQ, South Korea’s equivalent of the Nasdaq Composite (INDEXNASDAQ: .IXIC). Bithumb IPO: An Ambitious Move A recent report from local news outlet Edaily indicates that Bithumb is setting its sights on becoming the first digital asset company to go...

The newly introduced Midas stablecoin, set to integrate with DeFi platforms in the current quarter before a retail launch early next year in 2024. Midas, a stablecoin backed by US Treasuries, plans to join the growing trend of convergence between cryptocurrency and traditional finance. The project plans to introduce its stUSD token to decentralized finance (DeFi) platforms such as MakerDAO, Uniswap, and Aave in the upcoming weeks. The Midas stablecoin initiative aims to acquire Treasuries...