The “major investors” in OPNX, a new exchange for trading bankruptcy claims founded by the people behind failed crypto hedge fund Three Arrows Capital (3AC), include high-profile firms including Susquehanna International Group (SIG) and DRW, the company tweeted Friday. Source
When it comes to the blockchain space, entrepreneurs and potential investors can both end up stumbling over the underlying technology. While industry insiders are clear on, and often passionate about, how blockchain works, investors are more interested in what it can achieve. If either side gets bogged down in technical details, it’s unlikely an investor will be able to grasp the impact and potential ROI of investing in a blockchain project. Here, 17 members of Cointelegraph Innovation Circle share ways blockchain companies can better explain blockchain projects to, and earn…
The investment comes from Web3 investor Jump Crypto, crypto exchange Bybit and digital asset bank Sygnum. Source
US individuals and business entities may not have access to the offering. Blockchain-based lender Maple Finance has introduced a United States Treasury pool designed specifically for non-US accredited investors. According to a blog post where it shared the announcement, the new cash management pool will allow investors to invest in one-month US Treasury bills (T-bill). However, US individuals and business entities may not have access to the offering. The post also confirms that the pool is structured in a special purpose vehicle (SPV) manner, with crypto hedge fund Room40 Capital…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Glassnode data reveals long-term holding trends and exchange net outflows for bitcoin, indicating increased investor confidence. As the world of cryptocurrency continues to evolve, recent data from blockchain analytics firm Glassnode paints an intriguing picture for bitcoin investors. The number of addresses holding at least 1 bitcoin (BTC) has reached an all-time high (ATH) of 994,298, and the percentage of the bitcoin supply last active two or more years ago has also hit an ATH of…
The price action in Space ID, which allows users to exchange, register and manage crypto-based domain names, reinforces Binance Launchpad’s position as a lucrative platform for traders looking to get allocations of tokens in new projects. The subscription period for ID ended in March, becoming the latest Binance Launchpad offering. Source
A recent Pew Research finding shows that most veteran cryptocurrency traders and investors in the U.S. are holding on, closely monitoring the industry despite the recent crypto winter, which disillusioned holders and new participants. Veteran crypto traders remain holders In a report published on April 11, researchers discovered that only 31% of those surveyed, or three-in-ten adults who have somehow engaged in cryptocurrency assets through trading, investing, or holding, liquidated their coins. However, a majority, or 69% of those surveyed, still own cryptocurrencies. Notably, holders in lower-income households, representing 43% of those…
The cryptocurrency market has been rapidly expanding, and investors are always searching for opportunities. Investors can look at digitoads (TOADS), GMX, and chainlink (LINK) as possible avenues for passive income in 2023. In this article, we will explore each project and why it may offer opportunities for investors. DigiToads: Earn passive income DigiToads is a platform combining meme coins’ appeal with the utility of a play-to-earn (P2E) gaming platform. By incorporating non-fungible tokens (NFTs) and NFT staking, DigiToads offers users a way to earn passive income. The deflationary nature of…
Crypto company collapses create a void in the ecosystem that trusted and experienced traditional finance firms may look to fill, the report said. Source
“This has been a dynamic, collaborative process, designed to accommodate the community’s wishes for the ROOK token and the new Incubator DAO.” Rook Labs’ pseudonymous CEO Hazard told CoinDesk in a Discord message. “We’re grateful for the enthusiastic participation of ROOK holders and community members, and are happy to see the tokenholders of Incubator DAO exercising their new autonomy. From here, Rook Labs will move forward with our objective of building innovative MEV infrastructure, operating within the bounds of real-world legal and regulatory frameworks and business imperatives.” Source