IMX price rallied by 50% after the successful completion of a $200 million Series C funding round and the influx of new projects planning to launch on the layer-2 NFT solution.
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PwC report calls NFTs ‘the future of digital assets in sports’
The report asserts that digital assets can fundamentally alter how fans consume sports and interact with their favorite teams.
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Citi’s digital asset co-heads resign with plans to create crypto startup
This move follows various other banking veterans making the change from Wall Street to crypto ventures.
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Terraform Labs donates $1.1B for Luna Foundation Guard’s reserves
High demand for UST has led to a pool imbalance on Curve Finance, requiring intervention.
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Altcoin Roundup: DeFi token prices are down, but utility is on the rise
DeFi token prices leave a lot to be desired, but the sector’s real benefit is the lending and liquid staking options, not the price of useless governance tokens.
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Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine. Chainalysis Offers Crypto Industry New Sanctions-Screening Tools As the military conflict in […]Powered by WPeMatico
US and EU double down on measures against Russia potentially using crypto to evade sanctions
“The use of cryptoassets to circumvent economic sanctions is a criminal offence,” said U.K. regulators.
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Yuga Labs faces user backlash for under wraps KYC-restricted project
Since Yuga Labs partnered with Animoca brands, other plans for a blockchain game expected to release in Q2 of 2022 have been revealed.
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Bitcoin derivatives metrics reflect traders’ neutral sentiment, but anything can happen
BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and downside risk instruments.
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Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether
The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors Say Hedge Fund Devised a Method to Short Tether, Fir Tree Bets […]Powered by WPeMatico