Sygnum claims it is the first bank in the world to tokenize its shares. Sygnum, a major cryptocurrency bank in Switzerland, has successfully tokenized its shares on a blockchain in preparation for its upcoming public sale. According to an official Dec. 14 announcement, the bank tokenized its shares on the Ethereum blockchain using a proprietary […]
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Fixed Swap Pools will maintain the token price throughout the sale until the initial supply is bought. Polkastarter, a decentralized exchange on the Polkadot platform, is launching a mechanism for crowdfunding, with several projects lined up to offer token sales through the platform. Through a so-called “Fixed Swap Pool”, projects can list their tokens and […]
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The protocol is safe, but its founder lost his stash of 6% of all tokens. An unknown attacker stole $8 million from the personal wallet of Hugh Karp, the CEO of DeFi coverage platform Nexus Mutual. According to a disclosure by Nexus Mutual, the funds were drained on Monday morning UTC by compromising Karp’s personal […]
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A former PBoC official says that his country has taken a cautious approach with the digital yuan. The Chinese government is not seeking to replace existing fiat currencies with its own digital currency, according to a former governor of the People’s Bank of China, or PBoC. Zhou Xiaochuan, the president of the Chinese Finance Association […]
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Decentralized exchange LINKSWAP reaches $10 million total value locked in its first week as the Ethereum DEX market competition heats up. LINKSWAP, a decentralized exchange (DEX) on Ethereum (ETH) has become the eighth-largest DEX by total value locked (TVL) on Dec. 14, a week after its launch. YFL, the governance token of the DEX, has […]
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Another $1,000 CME futures gap opens but Bitcoin shows clear strength as it aims to tackle pivotal $20,000 resistance. Bitcoin (BTC) begins a new trading week within 5% of the mythical $20,000 price level — but can it get there this time? As the largest cryptocurrency lines up for another shot at overcoming seminal resistance, […]
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Bitcoin price may have hit a multi-year high, but numerous fundamental factors signal that even better days are ahead. The end of 2020 has been lighting up crypto-centric subreddits and feeds of Bitcoin hodlers as the appetite for the digital bullion reaches an all-time high. The explosion has been accelerated via the adoption of the […]
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Ethereum price is closing in on $600 and multiple metrics suggest the top altcoin is ready to notch a new all-time high. Ether (ETH) price might have had a disappointing week after its price failed to hold the $600 level, but the fundamentals of the network and cryptocurrency remain solid. Traders are known for having […]
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Motley Fool analysts think this smallcap bank stock might be the next to benefit from Bitcoin’s surge Following a Citi report downgrading business intelligence firm Microstrategy’s stock to a “sell” rating, analysts for popular trading website the Motley Fool have recommended a lesser-known bank stock that also has an emphasis on cryptocurrencies. Last Tuesday, Citi […]
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A pair of hackathons from two fast-rising blockchain projects augur more composability, interoperability, and tooling for DeFi On Friday, blockchain projects Cosmos and Blockstack both announced winners of their respective HackAtom V and HackDeFi hackathons, each offering a glimpse into the coming wave of DeFi development — a vision including marked advances in tooling, interoperability, […]
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