ParaSwap, a decentralized exchange (DEX) aggregator, has raised $3 million in a seed extension round. The round was led by Blockchain Capital, White Star Capital, and DeFi Alliance, with participation from Andre Cronje, founder of Yearn Finance; Michael Egorov, founder of Curve Finance; and Fredrik ...
UBS Group, Switzerland's largest investment bank, is reportedly planning to offer its wealthy clients exposure to cryptocurrencies. BNN Bloomberg reported the news on Monday, citing "people familiar with the plan." UBS's plans are still in the early stages, per the report. Details of the crypto offe...
The price of Ethereum has jumped above $4,000 for the first time. The price of the second largest cryptocurrency by market capitalization climbed above the $4,000 level around 3:00 UTC on Monday just a week after breaking through the $3,000 level. It is changing hands at $4,014 as of press time. Eth...
Newsletter
10 may. 2021
3 coins to keep an eye on | Issue #129
Last week, Bitcoin covered a 12.4% range before closing the week near $58,325 - about 3% higher than the week's opening price. [Trade with up to 100x leverage on KuCoin Futures] The altcoin marketcap climbed with Bitcoin, beginning the week near $920 billion before ending the week near $1.376 trillion. Some tech...
The instant exchange of cryptocurrency with the naira and other fiat currencies just got a whole lot easier, thanks to a fresh re-launch of an innovative trading app. Developers of the app believe that through their product, they can bring the needed change and confidence to enable new traders t...
Data drawn from SimilarWeb shows that the world's top cryptocurrency exchanges drew in 530 million visitors during the month of April. Per the data, the 531.12 million figure represents the second-highest monthly result, coming in just below January 2018's 531.7 million.  Breaking the results down ...
Bitfarms, a publicly traded bitcoin mining firm, announced on May 7 that it had won approval to list on the Nasdaq Global Market. The timing of the listing is unclear at this time, though the firm said that it was moving "expeditiously" to "confirm Bitfarms’ common shares are eligible for electronic...
Revolut, the $5.5 billion London-based digital bank, is preparing to add dogecoin to the list of cryptocurrencies customers can trade on its app. People close to the situation told The Block that Revolut is hoping to launch dogecoin soon, although as of May 7 the startup was still running tests to e...
After reports emerged last week that Treasury Secretary Janet Yellen was gearing up to name a new acting head of the U.S. banking regulator, Yellen has announced her intention to appoint Michael Hsu as First Deputy Comptroller of the Office of the Comptroller of the Currency (OCC).  Hsu previously w...
Asset manager VanEck has filed to create an ether-focused exchange-traded fund (ETF), according to public filings. As noted in The VanEck Ethereum Trust filing, published Friday: "The Trust’s investment objective is to reflect the performance of the MVIS® CryptoCompare Ethereum Benchmark Rate less ...

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