Latest Updates
FTX Raises $420M From 69 Investors
- The $420 million Series B-1 funding round attracted a total of 69 investors, which valued the company at $25 billion.
- The funds will help FTX make some strategic investments in the future, designed to grow its business and expand its regulatory coverage.
Latest Updates
NFT Startup Candy Digital Raises $100M
- Candy's Series A funding round was co-led by Softbank Vision Fund 2 and Insight Partners, and valued the company at $1.5 billion.
- The NFT startup has already partnered with sport brands such as Major League Baseball, MLB Players Association, Race Team Alliance, and several college athletes.
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.
France Completes 10-Month CBDC Trial
- Led by Euroclear, the CBDC trial was conducted with the help of Banque de France, BNP Paribas, Crédit Agricole CIB, HSBC, and Société Générale.
- As part of the test, almost 500 instructions in both primary and secondary markets were executed.
Scammers Steal $65,000 As YouTube Search Results Recommend Fake Apple Event Video
- The scammer impersonated Apple, taking advantage of the highly anticipated October 18 event by the company.
- No BTC was stolen, but more than 17 Ethereum were swindled out of their three owners.
ProShares BTC ETF to List on NYSE on Tuesday
- Following several years of effort, ProShares will finally be able to list its Bitcoin Strategy ETF on the NYSE under the ticker "BITO".
- Investors in traditional financial markets, who had concerns about investing into BTC, will now have exposure to the largest crypto by market cap.
USDC Launches on Hedera Hashgraph
- The stablecoin will open the door to large scale development in the area of decentralized finance (DeFi) on the network.
- USDC, the second largest stablecoin on the market, is now available on six different blockchains, including Ethereum, Algorand, Solana, Stellar, TRON, and Hedera.
SEC Likely to Approve First Bitcoin Futures ETF
- "People familiar with the matter" told Bloomberg that we could see the first futures-based BTC ETF in the U.S. starting to trade next week.
- There are currently four futures-based BTC ETF applications that are approaching their SEC decision deadlines, with experts predicting ProShares proposal was the most likely to pass.
Charting Platform TradingView Raises $298M
- The funding follows a strong growth in the user base of the platform, which experienced a 400% increase in new accounts and 237% in visitors over the last 18 months.
- TradingView will try to bolster its broker relationships in the next few years, so it can allow investors to trade directly from its platform.
- The funding follows a strong growth in the user base of the platform, which experienced a 400% increase in new accounts and 237% in visitors over the last 18 months.
- TradingView will try to bolster its broker relationships in the next few years, so it can allow investors to trade directly from its platform.
Editors' Picks
El Salvador Recognizes Bitcoin as Legal Tender, Buys 200 BTC
- El Salvador is now the first country in the world to recognize Bitcoin as legal tender, with its BTC Law coming in effect today.
- Yesterday, the country's president confirmed his government had purchased 200 BTC as part of a $150 million Bitcoin fund.
$100M DeFi Adoption Initiative Launched on Celo
- DeFi projects involved in the $100 million incentive program include AAVE, SushiSwap, Curve, 0x, PoolTogether, Chainlink, RabbitHole, and The Graph.
- The incentive program will help the mobile-focused Celo blockchain achieve its goal of bringing finance to the 6 billion smartphone users around the world.
KuCoin Recorded A 1,144% User Growth in Q2
- Over 2 million new users joined KuCoin in Q2 2021.
- Most of the growth came from mobile installs in developing parts of Latin America, Africa, and Asia.
Celsius Crosses $20 Billion in Network Assets
- Chainalysis performed the platform's quarterly audit, confirming it held $20.3 billion in assets.
- Celsius said it expects to add close to $1 billion a month in new assets.
Crypto.com Becomes Premier Sponsor of Italian Football League
- Lega Serie A will feature Crypto.com in all match broadcasts and rebrand their VAR center as the Crypto.com VAR Center.
- The league will also work with Crypto.com to launch new NFT collections and explore other commercial and marketing initiatives to grow its user base.
Guides
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 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.
Opinion: The Impact Of PayPal Entering The Crypto Market
- PayPal will expose cryptocurrency access to its 346 million user base and 26 million merchants worldwide.
- The news is a stamp of mainstream approval on cryptocurrency, but doesn't come without its downsides, including asset encapsulation and centralization, the latter seen by many as the enemy of what Bitcoin stands for.
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In Other News
Voyager Digital Receives European Trading License
- Autorité des marchés financiers and Autorité de contrôle prudentiel et de résolution have agree that Voyager is "fit and proper" to operate in Europe.
- Voyager expects to launch its trading app in Europe in Q1 2022, and facilitate the trading of 60 digital assets.
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.
$400M Raised by Crypto Lender Celsius Network
- The CEO of Celsius Network said the funding round was not about the $400 million, but about the "credibility that comes with the people who wrote those cheques".
- The investment will help the crypto lender continue its product development, launch new institutional grade products, and double the size of its team.
FTX.US’ NFT Marketplace Now Supports Solana-Based Tokens
- Launched in September with limited functionality, the FTX.US NFT marketplace has now expended its support to cover Solana-based NFTs.
- In order to avoid the attention of regulators, the NFT marketplace will not list tokens that advertise or offer royalties to their holders.
Crypto Analytics Firm Elliptic Raises $60M
- Raised in a Series C funding round, the investment will help the company expand its global team of experts, and accelerate its research and development.
- The $60 million funding round was led by Evolution Equity Partners, and also saw participation from the Softbank Vision Fund 2.
El Salvador to Use BTC Profits to Build Pet Hospital
- The new veterinary hospital will be build using part of the $4 million in BTC profits El Salvador has made from the BTC trust it established at the end of August.
- The President of the country explained that no BTC will be sold to fund the investment, and that the surplus came from the way the trust was set up, and BTCs rise in price.
Bitkraft to Invest $75M in Blockchain Gaming
- In order to provide regulated investment opportunities, Bitkraft received an investment advisor registration from the U.S. SEC back in June 2021.
- The fund will use a "stage-agnostic" strategy, meaning it will invest in companies at any stage of their development.
Staking Platform Stader Completes $4M Seed Round
- Stader Labs aggregates DeFi protocols and applications into a simplified staking solution for delegators in order to maximize their returns.
- The new funds will help the platform expand its product offering, as well as add support for a variety of blockchanns, including Solana, Ethereum, Polkadot, and others.
Public.com Launches Crypto Trading
- Valued at $1.2 billion, the neobroker is the latest in a growing number of fintech firms to have launched crypto trading services this year.
- Apex Crypto will provide execution and custody services for the new product, which will be unavailable to Public.com customers in the state of New York.
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NFT Startup Candy Digital Raises $100M
- Candy's Series A funding round was co-led by Softbank Vision Fund 2 and Insight Partners, and valued the company at $1.5 billion.
- The NFT startup has already partnered with sport brands such as Major League Baseball, MLB Players Association, Race Team Alliance, and several college athletes.
FTX Raises $420M From 69 Investors
- The $420 million Series B-1 funding round attracted a total of 69 investors, which valued the company at $25 billion.
- The funds will help FTX make some strategic investments in the future, designed to grow its business and expand its regulatory coverage.
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.
France Completes 10-Month CBDC Trial
- Led by Euroclear, the CBDC trial was conducted with the help of Banque de France, BNP Paribas, Crédit Agricole CIB, HSBC, and Société Générale.
- As part of the test, almost 500 instructions in both primary and secondary markets were executed.
Advertisement
Advertisement
NFT Startup Candy Digital Raises $100M
- Candy's Series A funding round was co-led by Softbank Vision Fund 2 and Insight Partners, and valued the company at $1.5 billion.
- The NFT startup has already partnered with sport brands such as Major League Baseball, MLB Players Association, Race Team Alliance, and several college athletes.
FTX Raises $420M From 69 Investors
- The $420 million Series B-1 funding round attracted a total of 69 investors, which valued the company at $25 billion.
- The funds will help FTX make some strategic investments in the future, designed to grow its business and expand its regulatory coverage.
ProShares BTC ETF to List on NYSE on Tuesday
- Following several years of effort, ProShares will finally be able to list its Bitcoin Strategy ETF on the NYSE under the ticker "BITO".
- Investors in traditional financial markets, who had concerns about investing into BTC, will now have exposure to the largest crypto by market cap.
SEC Likely to Approve First Bitcoin Futures ETF
- "People familiar with the matter" told Bloomberg that we could see the first futures-based BTC ETF in the U.S. starting to trade next week.
- There are currently four futures-based BTC ETF applications that are approaching their SEC decision deadlines, with experts predicting ProShares proposal was the most likely to pass.
Charting Platform TradingView Raises $298M
- The funding follows a strong growth in the user base of the platform, which experienced a 400% increase in new accounts and 237% in visitors over the last 18 months.
- TradingView will try to bolster its broker relationships in the next few years, so it can allow investors to trade directly from its platform.
Advertisement
France Completes 10-Month CBDC Trial
- Led by Euroclear, the CBDC trial was conducted with the help of Banque de France, BNP Paribas, Crédit Agricole CIB, HSBC, and Société Générale.
- As part of the test, almost 500 instructions in both primary and secondary markets were executed.
U.K. Regulator to Spend £11M on Marketing Campaign Warning of Crypto Risks
- The head of the FCA, Nikhil Rathi, made the announcement during a speech at the "Our Role and Business Plan" webinar on Thursday.
- Rathi said the digital marketing campaign was necessary, as crypto investors are more likely to be young people drawn to social media.
Italian Financial Regulator Says Binance is Unauthorized to Offer Investment Services
- Italy's CONSOB has become the latest in a series of financial regulators to warn investors that Binance unauthorized to operate in their jurisdictions.
- Earlier this month, Barclays warned it will be blocking payments to Binance, citing a notice published by the FCA in June.
American CryptoFed DAO Becomes First Recognized DAO in the U.S.
- Earlier this year, Wyoming recognized DAOs as a distinct form of LLCs.
- The law made the American CryptoFed DAO the first legally recognized DAO in the U.S.
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Read More
CRYPTOCURRENCY
USDC Launches on Hedera Hashgraph
- The stablecoin will open the door to large scale development in the area of decentralized finance (DeFi) on the network.
- USDC, the second largest stablecoin on the market, is now available on six different blockchains, including Ethereum, Algorand, Solana, Stellar, TRON, and Hedera.
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.
Staking Platform Stader Completes $4M Seed Round
- Stader Labs aggregates DeFi protocols and applications into a simplified staking solution for delegators in order to maximize their returns.
- The new funds will help the platform expand its product offering, as well as add support for a variety of blockchanns, including Solana, Ethereum, Polkadot, and others.
FTX Raises $420M From 69 Investors
- The $420 million Series B-1 funding round attracted a total of 69 investors, which valued the company at $25 billion.
- The funds will help FTX make some strategic investments in the future, designed to grow its business and expand its regulatory coverage.
ProShares BTC ETF to List on NYSE on Tuesday
- Following several years of effort, ProShares will finally be able to list its Bitcoin Strategy ETF on the NYSE under the ticker "BITO".
- Investors in traditional financial markets, who had concerns about investing into BTC, will now have exposure to the largest crypto by market cap.
FTX.US’ NFT Marketplace Now Supports Solana-Based Tokens
- Launched in September with limited functionality, the FTX.US NFT marketplace has now expended its support to cover Solana-based NFTs.
- In order to avoid the attention of regulators, the NFT marketplace will not list tokens that advertise or offer royalties to their holders.
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.
USDC Launches on Hedera Hashgraph
- The stablecoin will open the door to large scale development in the area of decentralized finance (DeFi) on the network.
- USDC, the second largest stablecoin on the market, is now available on six different blockchains, including Ethereum, Algorand, Solana, Stellar, TRON, and Hedera.
MoneyGram Partners With Stellar for USDC Settlements
- The partnership will see MoneyGram connect its network to the Stellar blockchain, allowing connected wallets to access its global retail platform.
- The financial service company will also work with Circle to enable "near-instant backend settlement" using the USDC stablecoin.
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.
MoneyGram Partners With Stellar for USDC Settlements
- The partnership will see MoneyGram connect its network to the Stellar blockchain, allowing connected wallets to access its global retail platform.
- The financial service company will also work with Circle to enable "near-instant backend settlement" using the USDC stablecoin.
MetaMask Partners With Custodians BitGo, Qredo, Cactus
- The institutional offering of MetaMask, which partnered with the three custodians, will offer the same functionalities as the standard wallet.
- Launched back in December, MetaMask Institutional aims to provide institutional investors with access to the DeFi market.
Scammers Steal $65,000 As YouTube Search Results Recommend Fake Apple Event Video
- The scammer impersonated Apple, taking advantage of the highly anticipated October 18 event by the company.
- No BTC was stolen, but more than 17 Ethereum were swindled out of their three owners.
ProShares BTC ETF to List on NYSE on Tuesday
- Following several years of effort, ProShares will finally be able to list its Bitcoin Strategy ETF on the NYSE under the ticker "BITO".
- Investors in traditional financial markets, who had concerns about investing into BTC, will now have exposure to the largest crypto by market cap.
SEC Likely to Approve First Bitcoin Futures ETF
- "People familiar with the matter" told Bloomberg that we could see the first futures-based BTC ETF in the U.S. starting to trade next week.
- There are currently four futures-based BTC ETF applications that are approaching their SEC decision deadlines, with experts predicting ProShares proposal was the most likely to pass.
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.
FTX.US’ NFT Marketplace Now Supports Solana-Based Tokens
- Launched in September with limited functionality, the FTX.US NFT marketplace has now expended its support to cover Solana-based NFTs.
- In order to avoid the attention of regulators, the NFT marketplace will not list tokens that advertise or offer royalties to their holders.
tZERO Enables Users to Fund Brokerage Accounts With BTC and ETH
- tZERO Markets customers will be able to sell their BTC and ETH through third-party custodial accounts and use the proceeds to fund their brokerage accounts.
- The feature will become available on 5 October for all users.
NFT Startup Candy Digital Raises $100M
- Candy's Series A funding round was co-led by Softbank Vision Fund 2 and Insight Partners, and valued the company at $1.5 billion.
- The NFT startup has already partnered with sport brands such as Major League Baseball, MLB Players Association, Race Team Alliance, and several college athletes.
FTX.US’ NFT Marketplace Now Supports Solana-Based Tokens
- Launched in September with limited functionality, the FTX.US NFT marketplace has now expended its support to cover Solana-based NFTs.
- In order to avoid the attention of regulators, the NFT marketplace will not list tokens that advertise or offer royalties to their holders.
Dapper Labs Partners With NFL on New NFT Deal
- The deal will span the entire NFL, with all of its 32 clubs and players.
- Fans will be able to buy, sell, and own digital video highlight NFTs of the best plays of the seasons through a dedicated marketplace.
Staking Platform Stader Completes $4M Seed Round
- Stader Labs aggregates DeFi protocols and applications into a simplified staking solution for delegators in order to maximize their returns.
- The new funds will help the platform expand its product offering, as well as add support for a variety of blockchanns, including Solana, Ethereum, Polkadot, and others.
Independent Reserve and DBS Acquire MAS’ License
- By acquiring the Monetary Authority of Singapore's Major Payment Institution license, both companies can now offer digital payment token services in the country.
- Both Independent Reserve and DBS Vickers were granted an in-principal approval by the MAS back in August.
Dharma Integrates 1inch Network to Power Swaps
- The 1inch API has been fully integrated into the Dharma wallet.
- The integration will increase the number of tokens the wallet supports by several thousand.
Coincheck to Hold Japan’s First IEO
- NFT platform Hashpalette will become the first company to hold an IEO on Coincheck sometime this summer.
- The IEO will not only help Hashpalette gather funds for its blockchain, but also improve Coincheck's cryptocurrency business.