Dmitry Buterin is a self-made millionaire who fathered a billionaire who created a cryptocurrency that’s on its way to becoming a trillion-dollar asset. Suffice to say the possibility that Buterin would found three multi-million dollar businesses and retire in his 40s was beyond his wildest imaginings growing up in Grozny, Chechnya in the former Soviet Union during the 1970s. “Of…
In the fast-paced world of cryptocurrencies, every second counts when you’re moving money around. Building the bridges that allow for seamless transfers from legacy banking platforms to the ever-growing number of blockchain networks is no easy task, but it’s one of our foremost priorities at Kraken. It’s for this reason that we’re delighted to roll out our latest funding upgrade,…
DeFi trading platform Injective Protocol is kicking off its mainnet launch today with a bang. The platform followed the launch with the rollout of a $120 million incentives program. Built using Cosmos, Injective Protocol is attempting to become DeFi’s Swiss army knife of decentralized trading platforms by offering a suite of different financial instruments. According to marketing materials, tradable assets would…
Cryptocurrency markets have dropped significantly in value during the last 24 hours as the entire market capitalization of all 10,000 crypto assets in existence has dropped below the $3 trillion mark to $2.77 trillion on Tuesday morning (EST). After tapping $66K on Monday, bitcoin’s price slid below the $60K handle to a low of $58,563 per unit. After the steep…
The third Bitcoin Futures exchange-traded fund (ETF) in the U.S. has gone live on the CBOE under the ticker XBTF. VanEck’s Bitcoin Strategy ETF, which aims to track the value of Bitcoin futures, comes after the successful debut of ProShares Bitcoin Strategy ETF and Valkyrie’s ETF. VanEck’s Bitcoin-linked ETF does not hold actual Bitcoin, but rather invests in derivative products…
The IOTA Foundation has announced the upcoming launch of a staging network, Shimmer, in a bid to advance the IOTA roadmap towards fully functional decentralization. The layer-1 network will act as an innovation testbed for developers and builders in the community seeking to evaluate decentralized finance (DeFi) and nonfungible token (NFT) applications. This sandbox model will allow them to establish…
beginner The crypto market is extremely volatile, and cryptocurrencies that make it big can become shitcoins not a week later. However, some of those crypto coins and tokens manage to stay on top. Crypto investors are always on the lookout for surging cryptocurrencies, regardless of where those digital assets end up after their trip to the moon. Whether you want…
Liquid staking protocol pSTAKE has today announced it secured $10 million in a strategic funding round led by Three Arrows Capital, Galaxy Digital, Sequoia Capital India, and DeFiance Capital. Other notable participants in the round include Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, Sino Global Capital, and Spartan Group, along with angel investors representing such projects as Aave, Terra,…
A selloff in Ether (ETH) on Nov. 16 has increased the chances of ETH’s price falling below $4,000. ETH plunged 10% to around $4,100 on Tuesday, amid an ongoing market correction led by Bitcoin (BTC). In doing so, Ether dropped below its fourth-quarter upward trendline support. ETH/USD daily price chart. Source: TradingView ETH/USD also tested its 50-day exponential moving average…
press release PRESS RELEASE. November 2021, leading Crypto service comparison site – Cryptowisser, announces its annual Crypto exchange graveyard. The list serves as the only existing extensive database for “dead” cryptocurrency exchanges. Over the last year many exchanges have been victim to regulatory regulations, hacking, and a highly competitive growing market. Six exchanges from the detailed report were even closed…
