PancakeSwap's CAKE Rallies 28% on Binance Announcement
The decentralized exchange has launched a “mini-program” on the Binance app. Source
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Overeality Announces Partnership & Exclusive NFTs with Football Star Vini Jr
NFTs have seen a steady increase over the last few years, seeing trading volumes in quarter three of 2021 reach nearly $11 Billion. This year has seen just as much success for this new investment class, with an estimated 250,000 people trading NFTs each month on OpenSea. As the progression of
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Coinbase Adds Solana Tokens to Self-Custody Wallet in Non-EVM First
But don’t try out Solana-based DeFi just yet. Coinbase Wallet can’t yet plug into Solana dapps. Original Source
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Ethereum Spikes Above $2,700 After Fed Announcement, What Now?
Ethereum has moved above $2,700 following the Fed announcement yesterday. The highly anticipated meeting had been concluded, coming out that the Fed had increased interest rates by 0.25%. Ethereum has responded positively to the news and had rallied out of the slump it had been in since the last dip.
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How blockchain intelligence can prevent Russia from evading sanctions
As pointed out by Caroline Malcolm, head of international policy at Chainalysis, the transparent nature of blockchain technology makes it relatively easy for crypto intelligence companies to track funds related to sanctioned entities. “We're in quite a unique position because of the transparency and the permanency and the immutability of
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ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program – Mining Bitcoin News
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Securities and Exchange Commission (SEC) filing that the move was due to issues with “recent international frictions” and “domestic
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New Hampshire hopes its express approval of crypto-friendly law will attract new business
The New Hampshire House of Representatives passed a bill on Tuesday to adopt the new version of Chapter 12 of the Universal Commercial Code, or UCC, which will govern transfers of digital assets. The chapter is still in draft form, but if HB1503 is signed into law, New Hampshire will
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Coinbase’s NFT Segment Could Add More Than $1B to Annual Revenue, Needham Says
In Todaro’s base case scenario, Coinbase’s NFT platform would have similar fees to competitors at 2.5%, volume of $1.5 billion, and post annual revenue of $450 million. In an aggressive bullish scenario, Coinbase might push fees to 3%, see volume of $3.5 billion, and add as much as $1.26 billion
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Mina Foundation Raises $92M to Accelerate Adoption of Zero-Knowledge Proofs
The terms of the $92 million token sale were not disclosed but FTX Ventures and Three Arrows Capital led the effort. Original Source
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Katie Haun’s New Fund Joins $10M Round for Polkadot Lending Protocol Moonwell
Over time, Lunar Labs says it plans to decentralize Moonwell product development via the Moonwell DAO, whose WELL governance token will be distributed to Lunar Labs investors, Moonwell users and other Moonwell community members. WELL won’t come with voting rights when Artemis launches, but holders will be able to stake
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