Coinbase claims that Q1 is already showing improvements over Q4. Despite recording a 5% increase in its Q3 earning, crypto exchange Coinbase Global Inc (NASDAQ: COIN) still has some negative reports to take away from its Q4 revenue. According to its earnings report, Coinbase made $605 million in revenue in the third quarter of 2022. While that is ahead of the $588 million that analysts projected, it also signals that the exchange did better than it did in the third quarter when it made $590 million in net revenue, says…
Day: February 22, 2023
Deutsche Bank Joins Hands with Memento to Test Tokenized Investment Platform
Institutional investors will be able to subscribe to the tokenized fund through the direct minting of tokens, via a decentralized exchange aggregator, or through a built-in marketplace. On Tuesday, February 21, Deutsche Bank Singapore published a report with a proof of concept (PoC) in order to provide a platform for asset managers to issue tokenized funds. For this Deutsche Bank has partnered with Memento blockchain. Deutsche Bank and Memento Partnership The two players are working together on a PoC project dubbed Project DAMA (Digital Assets Management Access). This project will…
How to create NFTs on the Cardano blockchain
Cardano is a proof-of-stake (PoS) platform launched in September 2017 by Ethereum co-founder Charles Hoskinson. In September 2021, Cardano added support for smart contracts, which paved the way for developing decentralized finance (DeFi) and nonfungible token (NFT) applications. NFTs landed on Cardano’s blockchain in 2022, with Cardano’s native cryptocurrency ADA (ADA) utilized to buy and sell them. The deployment of smart contracts on Cardano allowed the creation of NFT marketplaces, including CNFT.IO and Jpg.store. These marketplaces facilitate NFT projects on Cardano in a cost-effective and scalable way, attracting many enthusiasts…
Australian Crypto Gaming Firm Immutable Cuts Staff By 11%: Report
Australian crypto gaming company Immutable is cutting 11% of its workforce, according to a report by The Sydney Morning Herald on Wednesday. Source
Klaytn Foundation Proposes Burning 5.28B KLAY Tokens, Cutting Token Supply by Nearly 50%
The proposal suggests an initial burning of 73% of the reserve supply, amounting to 5.28 billion KLAY tokens or approximately 48% of the total token supply. Source
❌ Bitcoin: Grosse News (.. Mauvaise)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Trading: Analyse technique en français sur la crypto bitcoin. Le bonus du jour se passera sur le ethereum et le gold. ✨TOTAL … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Hong Kong Backs Web3 With $6.4M in Annual Budget
The city’s Financial Secretary will lead a task force dedicated to development of virtual assets. Source
PayPal co-leads $20M seed funding for on-chain risk optimizer Chaos Labs
Payments giant PayPal and investment management firm Galaxy joined hands to raise $20 million in seed funding for Chaos Labs, a New York-based cloud platform for securing blockchains and protocols. With an automated risk management platform, Chaos Labs protects crypto protocols against external exploits and risks. The platform does this by offering agent and scenario-based simulations, which helps secure protocols against economic vulnerabilities and market manipulation events. The seed funding is aimed at helping Chaos Labs further automate on-chain risk optimization. 1/ We are thrilled to announce we have secured…
Google Cloud to Become Validator on Tezos Network
Google Cloud’s corporate customers will be able to deploy Tezos nodes in order to build Web3 applications on the network. Source
2022 Events Cast 'Serious Doubts' on Stablecoins as Money: BIS Chief
Agustin Carstens, who has previously criticized stablecoins, said they do not benefit from the regulatory requirements and protections that apply to bank deposits. Source