As their name implies, cryptocurrencies are currencies that can be traded in exchange for tangible objects or services. Unlike fiat currency, which has a physical form, cryptocurrencies are digital and live across a large network of computers (nodes). There is no central authority that moni...
Aggregated open interest of Ethereum options reached record highs on Thursday, according to data compiled by The Block Research.  The high sits at $3.57 billion, with Deribit constituting $3.39 billion (95%) of the total and the remainder from OKEx.  In all, the aggregated open interest of Ethereum...
Billionaire entrepreneur and owner of the basketball team Dallas Mavericks has made a strategic investment in NFT data platform CryptoSlam. Cuban invested in the startup via his venture capital firm Radical Investments. CryptoSlam declined to share the investment sum but said this is its first exter...
Revolutionizing Penny & NFTs auctions on the binance smart chain! SafePkmn aims to combine penny auction function's from websites such as quibids, NFT auctions (non-fungible tokens) encapsulating digital privately unique content, and the integration of the binance smart chain (SafePokeman...
Dapper Labs, the NFT development platform behind NBA Top Shot, is raising money at a $7.5 billion valuation in a round led by Coatue Management, according to the tech news publication The Information.  The three-year-old Dapper Labs had just completed a $305 million funding round on March 30, which ...
A surge in popularity for Dogecoin was behind a temporary shutdown of Robinhood's crypto trading platform on Thursday night. The cryptocurrency, a fork of Litecoin that was created as a joke and is named after a popular meme featuring a Shiba Inu, has witnessed significant price increases over the l...
Cathie Wood's ARK funds purchased more Coinbase shares on Thursday, worth over $110 million. Specifically, ARK Investment Management bought a total of 341,186 Coinbase shares, Reuters reported Friday. ARK purchased the shares across three funds — ARK Innovation ETF, ARK Fintech Innovation ETF, and A...
Cryptology Asset Group, the Malta-based crypto investment firm, has raised €32 million through a share issue. The money will be used to invest in crypto and blockchain startups. The company announced on April 15 that it had successfully issued 128,375 new shares and sold 31,625 treasury shares to in...
Crypto exchange Binance announced Friday that it has burned over 1 million BNB tokens, worth about $595 million, in its latest quarterly burn. This 15th quarterly BNB burn is the highest one ever carried out by the exchange in dollar terms. This is because the price of BNB jumped more than 16 times ...
The Central Bank of the Republic of Turkey has banned the use of cryptocurrencies for payments. Announcing the news on Friday, the central bank said crypto-assets cannot be used directly or indirectly for payments, and no firm can provide such services. "Payment service providers cannot develop busi...

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