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dYdX moves to Cosmos-based blockchain for v4 to optimize decentralization and trading flow

On Thursday, crypto derivatives platform dYdX, which is currently built on Ethereum layer 2, announced that it would be moving to a standalone blockchain based on the Cosmos SDK and Tendermint proof-of-stake consensus for its v4 update. The firm cites the Cosmos blockchain's decentralization and performance as reasons for being

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DeFi Moves Into Real Estate With Tower Fund and Teller Protocol Partnership

Historically, real estate debt funds, which help connect borrowers with short-term capital for commercial real estate projects such as multifamily buildings, shopping centers, construction loans, etc., have been the preserve of large, specialized investors, and not available to the large and nascent capital pool found in DeFi. Source

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Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’ – Bitcoin News

During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous year-to-date high on May 13. Cumberland Says ‘On

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Crypto prices continue to tank, lawsuit takes aim at Binance.US, and Celsius moves $320M worth of digital assets: Hodler’s Digest, June 12-18

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week  Binance ends support for anonymous Litecoin transactionsBinance

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Ethereum sell-off fears rise as crypto hedge fund moves $60M ETH to an exchange

Ethereum's native token Ether (ETH) rose by more than 5% to reach its intraday high above $1,930 on May 30. Nonetheless, the ETH/USD pair risks facing another sell-off round due to concerns about a massive ETH inflow into an exchange.58.7K Ether transferred to FTX in MayOn May 30, the Ether

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