Animoca CEO Robby Yung talks about his firm’s impressive investment portfolio and how he got into the Web3 industry. Source: https://cointelegraph.com/magazine/robby-yung-animoca-web3-investments-ton-mocaverse/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million in reductions. Grayscale’s GBTC and ETHE Lead Withdrawals Both bitcoin and ethereum ETFs saw money flowing out on Wednesday, with nearly identical divestments. According to […] Source: https://news.bitcoin.com/bitcoin-and-ethereum-etfs-record-74-million-in-outflows-grayscale-funds-lead-losses/
Binance-backed Bitcoin DeFi protocol Zest launches yield-bearing BTCz token
The Bitcoin halving has catalyzed a wave of interest in creating DeFi capabilities for Bitcoin, the world’s first blockchain network. Source: https://cointelegraph.com/news/binance-labs-zest-protocol-btcz-token-bitcoin-defi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Liquid Staking Comes to Zest Protocol on Stacks With BTCz
With staking becoming a reality for Bitcoin’s own layer-1, you’ll just as soon be able to trade liquid staking tokens on Bitcoin layer-2 networks. Zest Protocol, a Bitcoin decentralized finance (DeFi) service available on Stacks, announced the launch of BTCz on Thursday—a BTC equivalent that will earn yield for holders through the fast-rising Babylon staking system. “The BTC yield comes…
How Bybit’s liquid staking token boosts Solana ecosystem
Bybit launches bbSOL, a liquid staking token on Solana, enabling users to earn staking rewards while maintaining liquidity and maximizing returns. Source: https://cointelegraph.com/news/bybit-liquid-staking-token-boosts-solana-ecosystem?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency
Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to prioritize transparency and compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation. The platform will initially operate as a crypto-only exchange, with plans to […] Source: https://news.bitcoin.com/former-mt-gox-ceo-mark-karpeles-to-launch-new-crypto-exchange-with-a-focus-on-transparency/
Getting paid in crypto: Dubai court ruling shows increasing acceptance
Crypto salaries are becoming more common, especially in countries with prevalent economic incentives like inflation. Source: https://cointelegraph.com/news/salary-crypto-dubai-adoption-payments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hedera, IOHK join DeRec Alliance as final founding members
Cardano and Hedera join the Decentralized Recovery Alliance alongside Ripple and Algorand to shape the future of crypto security standards. Source: https://cointelegraph.com/news/cardano-hedera-join-derec-alliance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California
California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public action by California’s Department of Justice against a cryptocurrency firm. As part of the settlement, Robinhood must allow customers to withdraw cryptocurrencies to their own […] Source: https://news.bitcoin.com/robinhood-fined-3-9-million-over-crypto-withdrawal-restrictions-in-california/
Pump.fun Retakes Lead Over SunPump, Justin Sun Turns to Celebrity Tokens
Solana-based meme coin factory Pump.fun has retaken a key statistical lead over SunPump, nearly two weeks after the Tron token launchpad flipped Pump.fun in daily created coins. On August 21, SunPump created 1,658 more tokens than Pump.fun over a 24 hour period. But this token creation dominance was short-lived. On Wednesday, according to Dune data, SunPump created just 1,258 tokens,…