“We aim to provide the full node stack for institutions, which includes dedicated instances, high availability clusters, abstraction APIs, yield earning nodes via staking and liquidity.” Blockdaemon CEO Konstantin Richter told CoinDesk in an interview. “The other area that we think nodes should cover, and that are very relevant to our institutional customer base, are fiat on and off-ramps.” Source
Singapore-based decentralized finance (DeFi) services firm Cake DeFi announced the launch of a $100 million venture arm dedicated to serving as accelerators for Web3, gaming, nonfungible tokens (NFT) and other crypto initiatives. The newly launched $100 million venture arm, Cake DeFi Ventures (CDV), will fund crypto startups that complement the company’s core business. According to Cake DeFi, the venture firm “will be focused on investing in tech startups across Web3, the metaverse, the NFT space, gaming, esports and fintech spaces.” Cake DeFi’s primary suite of services includes liquidity mining, staking…
Bitcoin gained and lost $200 in the minutes after a much-awaited order was issued in the U.S. Source
Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian forces is putting more and more children at risk. Unicef to Fund Activities in Ukraine With Donated Cryptocurrency The Binance Charity Foundation has announced a donation of $2.5 million in cryptocurrency for the United Nations Children’s Fund (Unicef). The money will be used to finance the organization’s efforts in Ukraine amid escalating hostilities with Russia that threaten a growing number…
Cake DeFi, a crypto fintech platform based in and regulated in Singapore with over $1 billion in managed customer assets, has invested $100 million of its own money to form the new Cake DeFi Ventures (CDV) investment arm, according to a press release provided to CoinDesk. Source
Looking to trade Shiba Inu but don’t know where to start? Heard of it and want to find out more? In the world of crypto, it can be a minefield of technical jargon, with confusing abbreviations being given to the various digital currencies out there. In this article, we will take an in-depth look at the cryptocurrency, including all the key things to know about the token, which takes its name from a Japanese breed of dog originating in the Chūbu region. The History of Shiba Inu Shiba Inu (SHIB)…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Cryptocurrency #Crypto #Legal In recent development Supreme Court has asked Centre to revert on the question we all have been waiting to hear “Is Cryptocurrency legal in India?” Let’s find out the entire story, we will also discuss the consequences of the answers which will be provided by the Centre. Exchanges I Use: MEXC Global – Huobi Global – Binance – Telegram Channel Link – Other Channels: Meet The Heroes (Real Life Stories) – How to Grow on Social Media – Follow…
“Stagflation and gold are better bedfellows than anything you will read in 50 Shades of Grey, and once gold comprehensively broke $2000.00 overnight, the rally accelerated sharply as expected. Gold rocketed 2.63% higher to $2050.00 an ounce, edging slightly higher to $2053.00 in Asia,” Jeffrey Halley, senior market analyst, Asia Pacific, OANDA, said. “The stagflationary factors that are so supportive of gold are persisting and will remain so. Source
The cryptocurrency market added almost $100 billion to its market cap on Wednesday after Bitcoin jumped above $42,000 for the first time since 4 March. In a major recovery, altcoins also saw substantial gains. Q4 2021 volumes have gone up or down and how much? The price jump in cryptocurrency Terra (LUNA) was the most notable one after the digital asset reached $99, its highest level since December 2021. With a daily spike of approximately 20%, LUNA remained the best-performing cryptocurrency among the top 10. After last week’s price dump,…
“Already, the Department has worked with the President’s Working Group on Financial Markets, the FDIC [Federal Deposit Insurance Corporation], and OCC [the Office of the Comptroller of the Currency] to study one particular kind of digital asset – stablecoins – and to make recommendations,” Yellen said. “Under the executive order, Treasury and interagency partners will build upon the recently published National Risk Assessments, which identify key illicit financing risks associated with digital assets.” Source