Latest Updates

Gemini and Bancolombia to Enable Crypto Trading in Colombia

  • Starting 14 December, Bancolombia clients will be able to trade four crypto assets, namely BTC, ETH, LTC, and BCH.
  • The partnership is part of a year-long pilot program run by Colombia’s financial regulator SFC to test banking services for crypto platforms.
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  • Starting 14 December, Bancolombia clients will be able to trade four crypto assets, namely BTC, ETH, LTC, and BCH.
  • The partnership is part of a year-long pilot program run by Colombia’s financial regulator SFC to test banking services for crypto platforms.

Latest Updates

Crypto Trading App Stacked Raises $35M in Series A

  • The company plans to double its 40-person team in 2022, as well as continue scaling its crypto portfolios and automated lending products.
  • Stacked plans to grow its popularity, and reach $1 billion in assets under management, by going fully mobile in the next six months.

Binance & Animoca Brands Launch $200M GameFi Fund

  • The newly established fund will focus on early-stage GameFi projects that are building on the Binance Smart Chain network.
  • Both companies will contribute up to $100 million to the program, with Binance investing through its $1 Billion Growth Fund.
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Blockchain.com to Launch NFT Marketplace

  • The cryptocurrency exchange has already opened a waiting list for the new platform, which will allow users to buy, sell, and store NFTs.
  • In order to make the process of buying NFTs more straightforward and user friendly, Blockchain.com will add NFT functionality to its crypto wallet.

Mercado Pago to Launch Crypto Services in Brazil Through Paxos

  • The new feature, expected to launch by the end of December, will give Brazilian Mercado Pago users access to Bitcoin, Ethereum, and the Pax Dollar.
  • Once the feature is launched, Brazilian users will be able to directly buy crypto using their existing account balance.

  • The new feature, expected to launch by the end of December, will give Brazilian Mercado Pago users access to Bitcoin, Ethereum, and the Pax Dollar.
  • Once the feature is launched, Brazilian users will be able to directly buy crypto using their existing account balance.
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1inch Network Raises $175M in Series B Round

  • The new funds will be used to onboard institutional clients, build new protocols, and expand the utility of its native 1INCH token.
  • While the initial target for the Series B was $70 million, the huge demand from some of crypto's largest venture funds forced 1inch to increase it to $175 million.

Crypto.com to Acquire Two U.S. Exchanges

  • The popular crypto exchange has offered IG Group $216 million for its stakes in U.S.-based Nadex and Small Exchange.
  • The acquisition, expected to be complete in the first half of 2022, will enable Crypto.com to offer its U.S. customers access to derivatives and futures products.

Coinbase to Acquire Cryptographic Security Expert Unbound Security

  • Unbound Security is an expert in secure multi-party computation, which combines the security of cold storage with the "frictionless convenience" of a hot wallet.
  • The crypto exchange also plans to establish its presence in Israel, and create a new "tech center of excellence" in the country.
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Bancor Reveals New V3 Features

  • Bancor 3 will offer users new pools, an upgraded impermanent loss protection mechanism, auto-compounding for staking rewards, and more.
  • The upgrade is set to roll out in three phases, dubbed "Dawn, Sunrise, and Daylight", targeting deployment for early 2022.

Galaxy Digital to Raise $500M Through Convertible Debt

  • The company will issue exchangeable senior notes, with the debt bearing a 3% interest rate, which will reach maturity in 2026.
  • The deal, expected to close this December, also allows the bond holders to exchange the debt for company stock.

3 Bancor Pools Begging For Your BNT

  • The APW-BNT, ARCONA-BNT, and FARM-BNT pools offer the best BNT rates on Bancor for the past week.
  • The top pool, APW-BNT, had a 238% average DAPR for the past 7 days, by far the best rate for BNT hodlers at the moment.

Editors' Picks

MoonPay Valued at $3.4B Following $555M Series A

  • The crypto payments infrastructure provider will use the funding to accelerate its international expansion, hire new talent, and add more payment methods.
  • Founded less than 3 years ago, the company has already processed more than $2 billion in transactions, and has build a user base of over 7 million.
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Binance Integrates With Arbitrum One

  • While it has completed its integration with Arbitrum One, Binance has only opened ETH deposits to layer 2, with withdrawals being expected on a later date.
  • Arbitrum One is a layer 2 optimistic rollup protocol that enables lower costs and faster transactions than the Ethereum mainnet.

Crypto.com Buys LA’s Staples Center Naming Rights

  • "Sources familiar with the terms" claimed the 20 year-long deal was struck at the tune of $700 million.
  • The new logo and branding of the arena will be officially revealed on 25 December, when the Los Angeles Lakers play against the Brooklyn Nets.

Facebook Launches Novi Pilot Program, Receives Pushback From Senators

  • The Novi digital wallet will use Paxos' stablecoin USDP for its services, and will also tap Coinbase for its custodial services.
  • The pilot program was launched in the U,S, and Guatemala, where a limited number of people will be able to download Novi from the Apple App and Google Play Store.

SEBA Bank Enables Users to Earn Yields on Crypto

  • The new SEBA Earn product will enable customers to earn yields from proof-of-stake protocols such as Polkadot, Tezos and Cardano.
  • Institutions will also have access to DeFi programs, in addition to centralized lending and borrowing of BTC and ETH.

Guides

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Impermanent Loss Explained With Examples & Math

  • Learn what impermanent loss is, how it manifests, and how to calculate it.
  • We use several examples and formulae for both standard and complex AMM-based pools to examine, explain, and plot impermanent loss.

How to Leverage Yield Farming on Alpha Homora – The Simple Guide

  • Learn how Alpha Homora works, how to open a leveraged position and earn more with the same amount of assets, and how to manage your positions.
  • We also explain how to choose a pool to leverage, the rules of leveraging on the platform, and how to calculate possible scenarios.

How to Farm QUICK on QuickSwap – The Simple Guide

  • This article will teach you how to take advantage of one of the most lucrative liquidity mining programs on the market right now, while saving money on transaction fees.
  • We will take you through the strange but fascinating world of multiple network bridges and AMM quirks so you can have a seamless experience using the Layer-2 based exchange.

How to Optimise APY For Liquidity Mining Rewards

  • Users tend to blindly trust the APY calculations of the liquidity mining programs, despite the fact that they are typically flawed.
  • Knowing how compound interest works, how often to sell given your stake, and how to hunt for low gas fees are all invaluable skills we will look at.

How to Buy Cryptocurrency – The Simple Guide

  • Learn how to buy cryptocurrency on four of the most prestigious crypto trading platforms in the world.
  • To make an informed decision, you need to research what each platform offers, i.e., supported assets and countries, fees, and payment methods.

Opinion

The New COVID Variant and Market Reactions – What Does it Mean for Bitcoin

  • A typical store of value would outperform riskier assets during moments of recession fears. Bitcoin has historically done the opposite.
  • Given the performance of cryptocurrencies during fearful markets, their place in a portfolio is the one for high-risk, high-reward assets.

The Rise of Bancor

  • The exchange was the first to prove the feasibility of AMM, but has since struggled to compete with other DeFi platforms.
  • However, through the introduction of several smart features and innovations, notably single-sided exposure, Bancor is surging among the DeFi ranks.

The Blockchain-Enabled Elections Of The Future

  • We now have the technology to immutably store and process data in a trustless environment, yet we still resort to paper ballots as the fundamental ingredient for elections.
  • In a blockchain-enabled future, voting will be as simple as withdrawing money from an ATM, and processing election results will be finished in minutes.

Opinion: How Will Crypto Markets React To The Second Wave Of COVID-19?

  • As several countries have already entered the second period of lockdown, many parts of the world are bracing for a long winter of isolation.
  • How will this affect crypto markets this time around, and how will it differ from the first lockdown?

Opinion: Why The $100,000 Harvest Finance Bounty Is Absurd

  • Only if we put ourselves in the shoes of the attacker can we find a possible angle of negotiation in a bid to recover more from the 13 million USDC and 11 million USDT that were profited from the arbitrage scheme.
  • Although the Harvest Finance team has acted responsibly in the face of an unprecedented-to-the-project crisis, their bounty reward initiative is naive.

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