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Arbitrum Native Decentralized Exchange Camelot Growing Massively in February
Bitcoin

Arbitrum Native Decentralized Exchange Camelot Growing Massively in February

February 18, 2023 0

The surge in users and transaction volume in the past day corresponds with the launch of TROVE, the governance token for yield-bearing index protocol Arbitrove, which is also built on Arbitrum. The public sale of […]

Needham's John Todaro Says USDC Is ‘Exciting’ for the Long Term and Will Benefit Coinbase
Bitcoin

Coinbase Investors Prepare for Another Likely Disappointing Quarter

February 18, 2023 0

Analysts surveyed by FactSet anticipate Coinbase’s revenue fell to $589 million in the final quarter of the year, down just a hair from the $590 million reported in the previous quarter, which was already crippled […]

Jump Crypto Is Unnamed Firm That Made $1.28B From Do Kwon’s Doomed Terra Ecosystem: Sources
Bitcoin

Jump Crypto Is Unnamed Firm That Made $1.28B From Do Kwon’s Doomed Terra Ecosystem: Sources

February 17, 2023 0

Terraform Labs said that UST, Terra’s ill-fated “decentralized” stablecoin, would stay pegged to the price of $1 solely as a result of a state-of-the-art “algorithm.” That algorithm – which was codified in blockchain-based computer code […]

MicroStrategy Reports Impairment Charge of $727K on Bitcoin Holdings in Q3
Bitcoin

MicroStrategy Has Raised $46.6M Through Share Sales Since September

February 17, 2023 0

The company in September issued a prospectus for the sale of up to $500 million in common stock. Source link

Bitcoin NFTs Challenge the Blockchain’s Largest Use Case: Money
Bitcoin

Bitcoin NFTs Challenge the Blockchain’s Largest Use Case: Money

February 17, 2023 0

The challenge has been that as more Ordinals are being inscribed, the cost of bitcoin transactions has risen. That’s because Ordinals introduce additional, non-financial data on the Bitcoin blockchain that bog down on-chain confirmation times. […]

Texas Objects to Celsius Plan to Fund Operations With Stablecoin Sales
Bitcoin

Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy

February 17, 2023 0

“Given the dearth of record-keeping, it may not be possible to fully reconstruct the intercompany Claim,” the statement said. “If it were at all possible, it would be a time and cost intensive forensic accounting […]

Web3 Communication Stack Sending Labs Raises $12.5M
Bitcoin

Web3 Communication Stack Sending Labs Raises $12.5M

February 17, 2023 0

The startup creates technology to make decentralized communication easier for developers and users. Source link

Crypto Startups Are Increasingly Postponing Token Launch Plans as Alameda Research's Contagion Effects Linger
Bitcoin

Crypto Startups Are Increasingly Postponing Token Launch Plans as Alameda Research’s Contagion Effects Linger

February 17, 2023 0

“Crypto liquidity is dominated by just a handful of trading firms, including Wintermute, Amber Group, B2C2, Genesis, Cumberland, and (the now-defunct) Alameda. With the loss of one of the largest market makers, we can expect […]

Chilliz, Cosmos and EOS Tokens the Best Crypto Performers in August in Bear Market
Bitcoin

Crypto Price Momentum Falters as Bitcoin BTC Price Retreats to $23.5K

February 17, 2023 0

“Crypto liquidity is dominated by just a handful of trading firms, including Wintermute, Amber Group, B2C2, Genesis, Cumberland, and (the now-defunct) Alameda. With the loss of one of the largest market makers, we can expect […]

Coinbase Says No Exposure to FTT Token and Alameda, Minor Deposits at FTX
Bitcoin

Coinbase Downgraded to Neutral at DA Davidson Ahead of Earnings

February 17, 2023 0

D.A. Davidson analyst Chris Brendler downgraded Coinbase (COIN) to neutral from buy after a more than doubling in the stock in 2023 sent the price surging past his $55 price target. Source link

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