▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The official video for “You’re Mines Still feat. Drake” out now: More Yung Bleu: Insta: Twitter: Facebook: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
The EF said it spent $48 million last year to continue its mission of growing the Ethereum ecosystem. “Approximately $20 million of this total was in the form of external spending, which includes grants, delegated domain allocations, third party funding, bounties, and sponsorships,” according to the report. “The remaining $28 million was used to fund teams and projects within the EF community.” Original Source EthereumfiatFoundationHolds CryptoX Portal
The Hong Kong Monetary Authority has issued a discussion paper inviting views on the key issues around a central bank digital currency (CBDC). Source
Yuga Labs, the collective behind the infamous Bored Ape Yacht Club non-fungible tokens, has been targeted by another cyber attack, or so called phishing attack. In a phishing attack, a criminal poses as someone else, in order to break in. The hackers gained access to the Instagram profile of the Bored Ape Yacht Club. In the attack, 133 NFTs were stolen, which together are estimated to be worth about 2.4 million dollars (more than 2.2 million euros). Once in the account, the malicious hacker shared a fraudulent link to a…
Dragonfly Capital has closed its third fund with $650 million in capital, pushing the firm’s assets under management to around $3 billion, a company spokesperson told CoinDesk. The fund will focus on all stages of blockchain and crypto companies creating “new digital economies.” Limited partners included global investment giants Tiger Global, KKR and Sequoia China, among others. Source
The world’s first Bitcoin (BTC) spot price exchange-traded fund (ETF) is buying BTC again after a month of selling. Data from on-chain monitoring resource Coinglass confirms that on April 27, Canada’s Purpose Bitcoin ETF added 1,132 BTC to its holdings. Data: Buy the dip interest “skyrocketing” Despite fears that Bitcoin is not yet done with its sell-off, an about turn at Purpose hints at increasing institutional demand. Beginning March 28, when BTC/USD traded above $48,000, Purpose began reducing its exposure, which at the time totaled 36,321 BTC. Wednesday’s increase is…
As the former top official for U.S. border security from 2017 to 2019, Nielsen became a well-known representative of Trump’s immigration policies and its hotly debated actions at the Mexican border. At Astra, she’ll help the startup with cybersecurity and the “global risk environment,” in addition to policy matters when they come up, according to the company. Source
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Most of these could be short positions, according to data tracked by Laevitas shows the funding rate – the cost of holding long/short perpetual futures positions – has been consistently neutral-to-negative in recent weeks. A negative funding rate means shorts are paying longs to keep the bearish position open. In other words, the market is skewed bearish. That’s also evident from the depressed futures premium, also known as the basis, on major exchanges, including the Chicago Mercantile Exchange, a proxy for institutional activity. The three-month premium recently slipped to 1.1%…
The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the document, the bank explains that these assets — which ostensibly don’t have any kind of support behind them — can introduce systemic risks via their adoption by traditional institutions and the lack of regulation over them. Crypto Assets Could Cause Systemic Risks According to the Bank of Spain The Bank of Spain…