The fundraising round of Synthetix is the first time when the project directly governed by a DAO raises funds. Investing in Synthetix, Coinbase Ventures, Paradigm, and IOSG are bringing something valuable to the project.
Ripple founding member Jed McCaleb continues with his aggressive XRP dumping and has reportedly made more than half-a-billion dollars in gains by selling XRP over the last 8 months.
The final phase of the TrueFi launch should initiate the beginning of a highly functional, cross-chain uncollateralized lending platform, equally able to serve institutions, retain users, and lend to other protocols.
Leading cryptocurrency exchanges are rushing to add support for assets based on the Algorand blockchain. The recent additions will allow users to deposit and withdraw assets such as Tether (USDT) and USDC using the Algorand protocol. Users will also be able to trade those assets for other cryptocurrencies in a seamless manner.
Cryptocurrency can transform the way we exchange goods and services, but establishing a baseline sense of stability is a prerequisite to the expansion of this technology.
Crypto traders and investors as well as companies are expected to be given a three to six month transition period to liquidate their digital holdings after the new law is made officially.
With PayPal being a CBDC distributor, more customers would be interested in its products, especially those related to crypto.
Unlike most DeFi projects that solely focus on Ethereum, Kava provides a decentralized finance solution for different assets.
The GoodFi crypto DeFi alliance is a non-profit initiative launched with the goal of getting 100 million people putting at least $1 billion in DeFi by 2025.
Uber’s comment on considering crypto payments came after electric vehicle company Tesla announced its Bitcoin investment.
CEO Dan Schulman noted that the volume of crypto transactions on PayPal exceeded expectations.
To start with, BNY Mellon will offer custodian services to its clients, then move forward to what its clients demand most.
Like Microsoft, Jigstack is looking to provide appealing and user-centric services, albeit in a decentralized manner.
The Airdrop of BTCU implies crediting newly issued coins in a 1:1 ratio to the wallets of BTC users at the moment of the fork, and the team will send the coins to those wallets which platforms say they support the BTCU fork.
Mogul has also made the process of revenue accounting and profits distribution regularly to the appropriate parties more easy and effective with the appointment of a Collection Account Manager (CAM).