21.co, parent company of crypto investment firm 21Shares, has raised $25 million in a funding round led by London-based hedge fund Marshall Wace. Other investors in the round include Collab+Currency, Quiet Ventures, ETFS Capital, and Valor Equity Partners. The raise puts the company’s valuation at $2 billion, with 21.co now claiming to be “Switzerland’s largest crypto unicorn.” 21Shares today announced…
According to a new Twitter post, Jeremy Allaire, co-founder and CEO of USD Coin (USDC) stablecoin issuer Circle, said that the recent decision by Binance to merge stablecoin dollar books is “a good thing” for USDC. “This move would lead to a gradual net share shift from USDT to BUSD and USDC,” said Allaire. The day before, Binance announced it…
Ethereum classic was a notable mover in today’s session, as the token rose by nearly 30% on Tuesday. The surge comes as it was confirmed that the Ethereum merge event will take place next week, between September 13-15. Another big mover was avalanche, which rose by over 8% earlier today. Ethereum Classic (ETC) Ethereum classic (ETC) climbed above the $40…
On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss the Ethereum merge and how it might impact the crypto market To kick things off, we broke down the latest news in the markets this week Surge or purge? Why the Merge may not save Ether price from ‘Septembear’. Options data, macroeconomic catalysts and technical signals suggest a decline in…
Nigeria seeks to create a special economic zone for bitcoin and cryptocurrencies. NEPZA is in discussion with Binance and Talent City to establish a partnership. The economic zone will reportedly mirror the Dubai Virtual Free Zone. Nigeria is seeking to create the first economic free zone for bitcoin and cryptocurrency in West Africa through the Nigeria Export Processing Zones Authority…
Following Kraken’s listings of Ethereum Naming Service (ENS) on February 23, 2022, and Harvest Finance (FARM) on June 15, 2022 for most countries, Kraken is excited to announce the availability of these tokens for residents of the United States and Canada! Funding and Trading Funding and trading are live. You can add these tokens to your Kraken account by navigating…
21.co, the new parent firm of exchange-traded products (ETP) provider 21Shares, has become “Switzerland’s largest crypto unicorn,“ the firm announced on Tuesday. It raised $25 million in a funding round led by London-based hedge fund Marshall Wace. The new funding brings the firm’s valuation to $2 billion. 21.co is designed to unite 21Shares with third-party token provider Amun and other…
(Special thanks to Antoine Riard and Gleb Naumenko, whose recent research is the basis of this article.) Channel jamming is one of the outstanding problems of the Lightning Network in terms of things that could disrupt the success of payments routed across it. It is a widely known problem among developers that has been understood since before the network itself…
Tl;dr: A common challenge with distributed systems is how to ensure that state remains synchronized across systems. At Coinbase, this is an important problem for us as many transactions flow through our microservices every day and we need to ensure that these systems agree on a given transaction. In this blog post, we’ll deep-dive into Overseer, the system Coinbase created…
Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97 per unit range. The dollar-pegged asset is associated with the Waves blockchain protocol, and recently the Neutrino Protocol decided to add a token called SURF to USDN’s reserve basket in…
