The firm says it has already invested in 11 companies and Web3 protocols such as Aave, MakerDAO, LayerZero, and others, with plans to participate in the governance systems of some projects. Popular decentralized exchange (DEX) Uniswap has announced the formation of Uniswap Labs Ventures (ULV), a venture capital fund focused on investing in Web3 companies…
Read more
Global markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF Benchmarks are typically leveraged by exchange-traded products and other investment vehicles. 11 Crypto Assets Get Reference Rate Treatment From CME Group and CF Benchmarks CME…
Read more
The first quarter of 2022 has come to an end and specific digital currency markets have seen a lot of action during the last three months. Out of the top ten digital currencies, terra (LUNA) saw the biggest gains, jumping more than 43% higher against the U.S. dollar in Q1. Out of the top 30…
Read more
April is here, with spring and some green shoots starting to form in the crypto market. The beginning of April also marks the end of the first quarter, and we, therefore, take a look at what has happened over both the past month and the quarter as a whole. In January, the crypto market…
Read more
A token known as Will Smith Inu (WSI) began trading on the decentralized exchange Uniswap (UNI) yesterday, with buyers rushing in as they attempt to capitalize on the (in)famous event that unfolded during Sunday’s Oscars ceremony. However, similar coins commonly end up on the ever-growing scrap heap…. Read More: Will Smith Meme Token Soars…
Read more
The Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection’s new utility and governance token ApeCoin (APE) was airdropped to holders of NFTs in the BAYC ecosystem on Thursday, soaring in price as major exchanges rushed to list it. At 10:13 UTC on Friday, APE traded at USD 14.61, up 41% for its first…
Read more
Celo aims to promote green use cases and rebalance its treasury with green asset-backed tokens with the help of Uniswap. A new community proposal was introduced in the Uniswap governance forum to deploy the protocol on the Celo blockchain, which is a mobile-first, carbon-negative and Ethereum Virtual Machine-compatible network. The new proposal was created on…
Read more
The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked (TVL) in decentralized finance (defi) protocols has slipped below the $200 billion mark to $196.02 billion on Sunday morning (EST). Meanwhile, Ethereum’s dominance is 55.54%…
Read more
In this week’s newsletter, we will explore some of the key developments from the DeFi space that had an impact on the Ukraine donations and look at some of the trendsetters in our industry. The crypto community has emerged as one of the leading aid providers for Ukrainians, as crypto donations surged over $50 million.…
Read more
In a robust sign of support to Ukraine amid the country’s invasion by Russia, the global crypto industry has donated in excess of USD 63.25m as of today, with donations made in bitcoin (BTC), ethereum (ETH), and a number of other cryptos. Data from blockchain ecosystem security firm SlowMist indicates the largest share of…
Read more
