Cryptocurrency Analysis and News Portal
As part of its efforts to drive Web 3.0 adoption, Robinhood also announced some other new features. Robinhood has announced a new feature that permits users of its crypto wallet to access their funds from other decentralized finance (DeFi) apps and protocols. According to the update, users no longer have to open
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sponsored Victoria, Seychelles, April 24, 2023 – Bitget, the largest crypto copy trading platform, announced that its native platform token BGB will be listed on Bitfinex, driving liquidity and accessibility while increasing its value and utility. The supported trading pair is BGB/USDT, and the trading service will be opened at
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On April 3, 2023, the Dfinity Foundation, a development team behind the Internet Computer (ICP) network, announced the launch of a native ICP token called “chain-key bitcoin” or “ckBTC.” The bitcoin derivative is backed 1:1 with the leading cryptocurrency asset. On Monday, Dfinity detailed that the technology “builds on the
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Alchemy’s new raise of $10 million was single-handedly funded by market maker DWF Labs. Singapore-based payments provider Alchemy Pay has taken its expansion efforts a bit further. Alchemy Pay raised $10 million in investment funding to reach a valuation of $400 million, according to a press release. Alchemy Pay Keen on Expanding
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Shimmer, an incentivized staging network, started operation in September. It is the first EVM-enabled launch on IOTA and is intended to increase the network's overall utility for developers and traders. The public testing period is a key step ahead of the ShimmerEVM introduction on the mainnet, or real-world blockchain. Source
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A week ago, the Ethereum layer two scaling solution Arbitrum announced the launch of its native token called ARB, and since then IOU markets have launched giving some indication of how much the token may be worth. ARB claiming begins March 23 and when people get their coins on exchanges,
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The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and coins will be airdropped to the Arbitrum DAO treasury, Offchain Labs (the company
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The token was trading at $0.25 ahead of the launch of Ribbon’s on-chain options exchange, Aevo. Source
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Pressure continues to mount on stablecoins given the current situation that has seen three major crypto-backing banks collapse in the past few days. In the wake of the recent failure of at least, three notable US-based financial institutions, Binance has started converting the remainder of its $1 billion industry recovery funds
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The failure of three major crypto-backing banks, Silicon Valley Bank (SVB), Silvergate Bank and Signature Bank caused the stablecoin (USDC) to fall to as low as $0.87 from its $1 benchmark. Amid the concern mounting around stablecoins, Binance CEO and co-founder Changpeng (CZ) Zhao tweeted on March 13 that with the
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