1 We’re thrilled to announce that Kraken now supports mainnet Terra (LUNA)! Funding and Trading Funding is live, and trading will begin Thursday, December 16 — at which point Kraken will enable order entry and execution. Keep an eye on the status page for updates. You can add LUNA to your Kraken account by navigating to Funding, selecting the asset,…
Mintable marketplace announced its partnership with Immutable X, a StarkWare-based layer 2 solution for NFTs on Ethereum, to make over 24 million NFTs on Immutable X available for sale on Mintable. This integration will enable users to deposit ETH and ERC-20 tokens with instant confirmation and no gas fees. According to Mintable’s Twitter thread, Mintable and Immutable X share a…
By Sid Coelho-Prabhu, Group Product Manager More and more people are discovering the benefits of crypto, web3, and blockchain-enabled experiences. To meet the needs of these new users, we are investing in accessible and user-friendly experiences that make it easier to participate in decentralized finance (DeFi) and collect non-fungible tokens (NFTs). We believe this is especially important for self-custody wallets given…
In brief The NFT feature is part of Coinbase’s broader efforts to make Web 3 easier to navigate Coinbase is also expected to reveal an NFT marketplace to compete with OpenSea in the near future Coinbase announced on Tuesday that NFT owners will soon be able to view their collections right in their web browsers—a feature that the company is…
United States crypto exchange Coinbase has made new upgrades to its self-custody wallet, including adding support for nonfungible tokens, or NFTs, in a move that could drive further adoption of the browser extension. The company announced Tuesday that Coinbase Wallet will soon be able to support NFTs, giving users the ability to view their collections and access leading NFT marketplaces…
The American actress and businesswoman Gwyneth Paltrow has participated in an investment round involving the bitcoin mining operation Terawulf. According to reports, Paltrow and a group of investors made a “substantial, 8-digit equity investment” in the company. Paltrow is well known for her involvement with cryptocurrencies and joined the crypto firm Abra in 2017 as an advisor. Gwyneth Paltrow Joins…
Massachusetts Senator Elizabeth Warren did not hold back in her criticism of decentralized finance, expressing concern about how a run on stablecoins would affect the average investor. In a Tuesday hearing with the Senate Banking Committee discussing stablecoins, Warren questioned Professor Hilary J. Allen of the American University Washington College of Law as to whether a run on stablecoins could…
The stablecoin for the Terra ecosystem is a hair’s breadth away from flipping Maker’s DAI to become the fourth-biggest stablecoin by market capitalization, according to data from CoinGecko. TerraUSD (UST) currently has a market cap of $8.78 billion, whereas DAI corners $8.82 billion of the market. In terms of growth, though, UST has enjoyed impressive upwards momentum of late. In…
In brief Solana Ventures, Forte, and Griffin Gaming Partners have established a $150 million investment fund for games being built on Solana. Last month, Solana Ventures teamed with FTX and Lightspeed on a separate $100 million Web3 gaming co-investment fund. With crypto game Axie Infinity now the top-grossing NFT project overall in terms of trading volume, major publishers and indie…
NYDIG has raised an impressive $1 billion in a funding round led by WestCap.The institutional bitcoin broker is now valued at $7 billion.WestCap led what is likely the largest funding round in the history of Bitcoin. NYDIG has raised $1 billion in a new funding round led by growth equity firm WestCap, valuing the company at a whopping $7 billion,…
