Category Archive: Cryptocurrency, No picture
Maker Foundation Transfers $450M Tokens to Community
No less than $450 million were transferred to its community-led DAO, around 10% of the circulating supply of Maker’s governance token. Maker Doubles Down on Decentralization The Maker foundation, the team behind the decentralized protocol, has returned 84,000 MKR tokens to the MakerDAO. The decentralized autonomous organization is responsible for the future of the most […]
Musician Receives $200,000 in Crypto Donations After Twitch Raid
Key Takeaways A young musician has received $200,000 in ETH, REN, and other tokens after a group of crypto followers raided their Twitch stream last night. The group had tried to donate to another musician on the streaming service, but targeted Mela Bee after mods censored their messages in the chat room. Jordan Fish, the […]
Six Jailed in Connection With Thodex Fraud Case
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Turkish authorities have arrested six people connected with the Turkish exchange Thodex. Thodex Associates Face Jail Time A Turkish court ruled that the suspects—who included the Thodex CEO’s siblings and senior staff members—would face jail time in a Thursday hearing. At least […]
Kraken to Integrate Parachain Auctions This May: Report
Key Takeaways The Polkadot ecosystem is heating up quickly as parachain auctions will soon launch on its canary network, Kusama. The integration would let customers contribute to the auctions directly from the exchange. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Cryptocurrency exchange Kraken is eyeing a launch for its […]
Coinbase Acquires Analytics Firm Skew, Doubles Down on Institutions
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. With this acquisition of Skew, Coinbase can continue tapping into the growing number of institutional investors entering the market. Coinbase Adds Skew to Portfolio Skew has already built out many of the services traditional money managers use, including data on futures markets, […]
Fidelity Jumps Into Crypto Analytics With New Product
Fidelity Investment is launching a new cryptocurrency analytics platform, Sherlock, for institutional investors. Fidelity Takes on Crypto-Native Solutions Sherlock is built to help institutional customers make informed investment decisions in cryptocurrency assets, according to marketing materials. The platform collates fundamental and technical data from various sources into a single portal, including “development ecosystems, network activity, […]
Coinbase Denies Executives Engaged in Stock Dumping
Key Takeaways Coinbase has published a response to allegations of stock dumping that began to circulate on social media on Apr. 17. Most notably, the firm says that its CEO, Brian Armstrong, sold 2% of his holdings—not 71% as some have sugested. Coinbase’s stock (COIN) has nevertheless fallen in value considerably, from $342 on Apr. […]
Facebook Didn’t Buy Bitcoin, But Crypto Whales Did
Key Takeaways Facebook did not report adding Bitcoin to its balance sheet during its quarterly earnings call this week. However, on-chain metrics show that other “whale” investors continue to accumulate BTC at every chance. Bitcoin must close decisively above the $54,400-$55,960 resistance barrier for the uptrend to resume. This news was brought to you by […]
Fantom Token Soars 40% After Major Network Upgrade
Key Takeaways Fantom has successfully completed its Go-Opera upgrade, adding one-second finality, faster node synchronization, and other improvements. The network’s FTM token rose throughout yesterday and has continued its ascent since the update completed. Fantom is a high-speed Proof-of-Stake network built for smart contracts. This news was brought to you by ANKR, our preferred DeFi […]
After Bitcoin, Institutions Finally Turning to Ethereum
Key Takeaways The open interest in CME’s Ethereum Futures has climbed steadily since it launched on Feb. 8. Along the same lines, the number of whales on the network has also shot up. The mounting buying pressure could help ETH catch up with Bitcoin’s bull run. This Exchange News was brought to you by OKCoin, […]
