OPNX, an exchange jointly founded by members of the Three Arrows Capital (3AC) and Coinflex teams, has revealed the venture capital firms purportedly backing it. An April 21 video posted by the company featured CEO Leslie Lamb thanking some of the major backers of the project, including AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International, and Token Bay Capital. 1/ As we approach the launch of claims for our first estate, Celsius, we’d like to express gratitude to everyone who believed in our mission of helping 20M+ claimants.…
Month: April 2023
Games and tokenization are driving NFT industry maturation
From tokenizing investment assets to game avatars, nonfungible tokens (NFTs) have an array of applications that go beyond digital art, with more projects coming online despite the market downturn in 2022. At the NFT.NYC 2023 conference, Cointelegraph’s team learned first-hand from experts, projects, companies, and the NFT community how the technology is shaping the digital world. Check out the highlights of the three-day event below: NFT games show signs of maturing After years of development, the first batch of NFT-based gaming projects are entering the market, paving the way for…
The Most Intense Consensus Ever Seeks Everyone’s Voice
This year’s CoinDesk Consensus event, which will bring key policy and technical debates to the forefront, is especially important. While the withdrawal of a handful of previously agreed-upon speaking assignments undermines full representation on both sides of the issues, non-U.S. jurisdiction involvement will make 2023’s Consensus one to remember. Source
Price analysis 4/21: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin and select altcoins have fallen below their respective support levels — a worrying sign that the bulls could be losing their grip. Bitcoin (BTC) and most major cryptocurrencies have pulled back from their recent local highs, signaling profit-booking by traders. Is the current pullback a buying opportunity, or has the trend turned lower? This is likely to be the question in every trader’s mind. Bollinger Bands creator John Bollinger said in a recent tweet that Bitcoin had turned down from the upper Bollinger Band and reached the middle bank,…
Solana launches emissions dashboard to spur blockchain carbon footprint transparency
The Solana Foundation, in collaboration with data platform Trycarbonara, announced the launch of a real-time tracking dashboard to measure carbon emissions on the Solana blockchain. 1/ Today, the Solana Foundation is leading the charge in the climate fight by making Solana one of the first blockchains to have its emissions measured in real time, thanks to a new data portal created with TryCarbonara. Learn more: https://t.co/k4QsZmtjHn pic.twitter.com/gqPwpKtv3u — Solana (@solana) April 21, 2023 According to a blog post from the foundation, this represents the first “major smart-contract blockchain” to measure…
CoinDesk Had a ‘Stash’ of BTC, and Other Stories Told by Consensus OG Joon Ian Wong
I never would have thought Vitalik could have become quite the icon that he is today. Or that Katie Haun would be one of the most successful VCs of all time. Or even that Arthur Hays would have this redemption narrative. For most people I think it would have been quite difficult to predict where they ended up today. Perhaps even Brian Armstrong. This is not directly CoinDesk related, but I interviewed him in 2014 when he came to London as part of this big Coinbase world tour. You have…
Bitcoin Whale Transfers $13 Million Worth of Dormant Coins Dating Back to 2012 and 2013 – Bitcoin News
Following the transfer of $60 million worth of bitcoins on April 19, after more than nine years of dormancy, another whale has made its move. The whale, who acquired 1,129 bitcoins in 2012 and 2013, has transferred 464 bitcoins worth $13 million for the first time in nine years. 464 Bitcoin Move From an Old 2012-2013 Stash The price of bitcoin has fallen below the $29K zone and is struggling to hold above the $28K region. On Wednesday, a mysterious bitcoin whale transferred 2,071.5 bitcoins worth $60 million at the…
Could Bitcoin be part of the $120T mutual fund industry?
The show Macro Markets, hosted by crypto analyst Marcel Pechman, which airs every Friday on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on day-to-day crypto activity. This week’s show starts by discussing the mutual fund industry, including the well-known BlackRock, Fidelity and Vanguard, and how the top 15 asset managers handle over $54 trillion. Can you believe it? That money could buy all the companies listed in the S&P 500 Index, plus all…
DRW Denies Investing in OPNX, Distancing Itself From 3AC Founders’ Bankruptcy Claims Exchange
OPNX had included DRW in list of “major investors” in a tweet earlier Friday. Source
Solana ($SOL) Annual Carbon Footprint Equals 8 Flights from London to New York
Solana’s servers emitted 10,651 metric tons of carbon dioxide in the 12 months prior to April 1, 2023, according to the dashboard built by footprint calculator Carbonara. That’s roughly equivalent to eight flights from London to New York, based on CryptoX estimates derived from data showing that route would produce about 1,300 metric tons. Source AnnualCarbonEqualsFlightsFootprintLondonSOLSolanaYork CryptoX Portal