Institutional crypto products eye record AUM as investors pile into Bitcoin
Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week. Go to Source Powered by WPeMatico
Month: October 2021
Top engineers working on Facebook’s wallet jump ship to A16z’s crypto fund
The engineers will provide technical advice to Andreessen Horowitz’s portfolio companies. Go to Source Powered by WPeMatico
Long-term Bitcoin bulls hodl strong despite five-month price high
Bitcoin wallets that haven’t seen outflows for more five months and are currently sitting on $754 billion worth of the asset. Go to Source Powered by WPeMatico
FTX.US expands NFT marketplace to support Solana tokens
After launching its NFT marketplace last month, FTX.US has expanded support to the Solana Blockchain and plans to integrate Ethereum tokens soon too. Go to Source Powered by WPeMatico
Wormhole Adds Binance Smart Chain Support to Network Bridge
During the first week of September, the Wormhole Network’s ethereum ↔ solana bridge was introduced to the Solana community and the following week, developers released a bi-directional connection for blockchain non-fungible token (NFT) collectibles. On Monday, the Wormhole dev team revealed it has added Binance Smart Chain support to the token and NFT bridge platform. … Read more
JPMorgan Boss Jamie Dimon Says Bitcoin Is Worthless, Questions BTC’s Limited Supply
The CEO of global investment bank JPMorgan, Jamie Dimon, says bitcoin is “worthless,” questioning whether the supply of bitcoin is actually limited. He also noted that blockchain and stablecoins can be real, emphasizing that governments are going to regulate the industry. Bitcoin Is Worthless and Supply May Not Be Capped, JPMorgan CEO Jamie Dimon Suggested … Read more
Texas Democratic Party aims to use NFT sales for fundraising efforts
“We can’t wait to continue turning powerful, exclusive, behind-the-scenes moments into digital assets that help fuel progressive objectives,” said Front Row co-founder Parker Butterworth. Go to Source Powered by WPeMatico
Bank of England: Crypto Assets Pose ‘Limited’ Risks to Stability of UK Financial System
The Bank of England says that crypto assets pose “limited” direct risks to the stability of the country’s financial system. “Cryptoasset and associated markets and services continue to grow and to develop rapidly. Such assets are becoming increasingly integrated into the financial system,” the U.K.’s central bank described. Crypto Poses Limited Risks to UK’s Financial … Read more
FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way
On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future. FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in the Near Future West Realm Shires Services Inc., … Read more
rhoToken Successfully Launched on Flurry Finance DApp
Flurry Finance is announcing an exciting development in the world of DeFi, as the successful launch of the rhoToken marks a next level evolution in yield aggregation! Users are now able to freely earn, trade, and spend deposit tokens while farming without restrictions or lockup periods. The future of yield farming has arrived! The Debut … Read more