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The Bank for International Settlements, the central banks’ bank, announced the launch of Project Agorá, a joint private-public initiative seeking to examine the potential benefits of tokenization for improving cross-border settlements. Agorá includes the participation of seven central banks and private institutions to be convened by the Institute of International Finance (IIF). BIS to Explore … Read more
Following Genesis Global Capital’s receipt of authorization to divest its Grayscale fund holdings, reports disclose that Genesis executed the sale last week. The proceeds were then used to procure 32,041 bitcoin, aimed at reimbursing its clientele. Genesis Liquidates Grayscale GBTC Holdings According to Bloomberg Law, court filings dated April 2 reveal that Genesis liquidated approximately … Read more
Over the past week, sales volume for non-fungible tokens (NFTs) experienced another week-on-week decrease, marking a 13.72% reduction. This downturn marks the fourth consecutive week of declining NFT sales, a stark contrast to the record-breaking achievements witnessed throughout other sectors in March. During this period, the splendor of trading volumes did not extend to digital … Read more
Cobra, the pseudonymous owner and operator of Bitcoin.org, has predicted the next divide that will plague the Bitcoin ecosystem in the coming times. Cobra explained in social media that this conflict will face ossificationists (people that want Bitcoin to stay as it is), and improvers, who want Bitcoin to improve its focus and functionality. Cobra … Read more
In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion by offloading a considerable amount of solana (SOL), including tokens that were not immediately available due to a vesting schedule. Insiders Say FTX Sold Millions of Locked Solana Tokens at a Deep Discount The bankrupt entity formerly … Read more
OKX, a leading centralized trading platform, has announced the listing of the Zeus Network token ZEUS, marking the inaugural project of the Jupiter LFG Launchpad. This move opens up the ZEUS/USDT trading pair, providing traders with an opportunity to engage with this exciting new token. The Zeus Network is a groundbreaking permissionless layer that seamlessly … Read more
Pendle, the cryptocurrency facilitating future yield tokenization and trading, has captured significant attention in the market as its price surged by 9% at press time. This uptick in price reflects the growing interest and confidence in Pendle’s potential within the cryptocurrency space. Data from DefiLlama reveals an impressive trajectory for Pendle’s Total Value Locked (TVL), … Read more
The team behind the Ethereum non-fungible token (NFT) collectible series Doodles revealed on Thursday its intention to debut an animated movie accompanied by music in the summer of 2024. The project shared that the film will showcase a soundtrack inclusive of three videos and voiceovers from Pharrell Williams, Dwayne ‘Lil Wayne’ Carter, and Coi Leray. … Read more
The native token of the dydx chain, $DYDX, has encountered a notable bearish trend over the past month, with losses amounting to 19% in the last 30 days and a further 11% decline over the past week. Recent reports shed light on significant whale activity surrounding $DYDX, particularly involving the renowned Amber Group. An eye-catching … Read more
Today, XRP, the digital asset closely associated with Ripple Labs, has captured the attention of investors amidst a broader downturn in the cryptocurrency market. The price of XRP experienced a notable decline, reaching $0.56, marking its lowest point in the past two weeks. Data from Santiment feed reveals that XRP holders collectively incurred losses totaling … Read more