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Aave, Compound, Uniswap and Sushi all quickly established themselves as blue chips in the space and in turn gained billions of dollars in total value locked (TVL) and market capitalization. Value quickly accrued to the platforms’ governance tokens, and the assets soared against both the dollar and ether. Original Source
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“Solana’s recent turbulence in the form of a 17-hour outage, which meant that users were unable to process transactions, together with an eye-catching error by Pyth data network which is run by some of Wall Street’s biggest players, is certainly not to be taken lightly by the core dev team,”
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Also, there is a notable build-up of call options open interest between $46,000 to $50,000. “The larger expiries were at $46,000, $48,000 and $50,000, creating time decay concerns late last week with spot stagnating in the $47,000 to $49,000,” range, Adam Farthing, chief risk officer at B2C2 Japan, said. “Down
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“The integration of payment methods like Apple Pay and Google Pay is key to making our platform more accessible to everyone,” said Miller. “This simplifies the purchasing process and brings the payment methods that people are used to using in their everyday life to the crypto experience.” Source
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A regional court in Cape Town oversaw charges against Spagni that included fraud but did not hear his testimony as he failed to appear in court, despite previously pleading not guilty. It was alleged Spagni had stolen roughly $100,000 from his former employer, Cape Cookies. Original Source
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But the trend is also working the other way, as more crypto firms are going mainstream. Some are adding traditional financial services products, such as FX or options trading, to their product suites. Others are applying to be regulated by the traditional market regulators. A third way this trend is
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Bakkt Holdings and VPC Impact Acquisition Holdings (VIH) have received approval from the U.S. Securities and Exchange Commission to complete their merger and push forward with plans to operate as a single publicly traded entity, the companies said in an announcement Friday. Source
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FUD stands for “Fear, Uncertainty and Doubt,” and it seems mostly used, to be frank, by people who would rather not reckon with uncomfortable questions, or even uncomfortable facts. A simple report of indisputable negative news, such as an U.S. Securities and Exchange Commission lawsuit against an alleged fraud, or
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SoftBank Vision Fund 2 led the Series B, which also included Matrix Capital Management, Sapphire Ventures and Morgan Creek Digital. Seed investors Boldstart Ventures, Goldman Sachs, Greenspring Associates, Kenetic, Kraken Ventures, Borderless Capital and others upped their investments in this latest round. Original Source
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