Bitcoin continues to draw mainstream interest as Bitfinex, a prominent crypto exchange, maintains a strategic BTC position on its balance sheet. As revealed by an inside source, the exchange’s position at such a tumultuous time underscores its commitment to the pioneering cryptocurrency. CTO Paolo Ardoino emphasized the need for crypto exchanges to reinvest their profits […]
Crypto outflows dawdle: Negative sentiments to exit the market?
As negative sentiment began to dwindle, crypto outflows dropped to their lowest in weeks. With a year-to-date net inflow of $26 million, Solana might be “the most loved altcoin.” Capital flight from digital asset investment products “cooled off” last week, causing outflows to drop to a low of $11.2 million, digital asset investment firm CoinShares […]
BitGo Signs Strategic Agreement With Korean Heavyweight Hana Bank
The Californian company will develop custody services and security solutions, local media reported. Crypto custodian BitGo signs deal with Hana Bank. (Pixabay) KOREA BLOCKCHAIN WEEK, SEOUL — BitGo, a crypto custodian based in California, has signed a strategic business agreement with South Korean commercial bank Hana Bank, BitGo said at Korea Blockchain Week on Tuesday. […]
Solana Emerges as Top Choice for Altcoins with Record Inflows
Solana has attracted rejuvenated investor attention as the project records a positive weekly fund inflow. Continue reading at DailyCoin.
Vitalik Buterin Charts a Future for Ethereum, Addressing Node Centralization with Stateless Revolution
The post Vitalik Buterin Charts a Future for Ethereum, Addressing Node Centralization with Stateless Revolution appeared first on Coinpedia Fintech News Ethereum is facing a big issue. Too many of its computer servers, known as nodes, are run by a few big companies. This goes against the idea of decentralization that blockchain aims for. Vitalik […]
South Korean Banking Giant Partners With BitGo, Opens Doors To Crypto
KEB Hana Bank’s partnership with the crypto custodian ties one of the largest financial groups in the country to the digital asset space.
Terrible September Ahead for Bitcoin; Traders Should Note These 5 Points Before Jumping In
The post Terrible September Ahead for Bitcoin; Traders Should Note These 5 Points Before Jumping In appeared first on Coinpedia Fintech News Bitcoin price is squeezing hard. After remaining under narrow consolidation throughout August, it was believed that September 2023 may be diverse. Woefully, the price started the month’s trade on a bearish note, squashing […]
SSV Network Unveils Jato-V2 Testnet
SSV.Network introduces Jato-V2, a new testnet ending Jato-V1, enhancing modularity, scalability, gas efficiency, and supporting Miner Extractable Value opportunities, with a 30% increase in duty execution. (Read More)
Ethereum: Of staking, Lido’s dominance, and rising concerns
ETH staked was over 28 million at press time. Likewise, ETH staked through Lido stood at over 8 million. Ethereum [ETH] staking has seen a consistent rise in participation since its inception. With the increasing popularity of ETH staking, Lido’s [LDO] share of the staking market has also expanded, leading to certain concerns. Read Ethereum’s […]
Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo
GenTwo, a fintech platform that specializes in securitization, raised $15 million in a Series A funding round led by hedge fund luminary Steve Cohen’s Point72 Ventures, the company said on its website. The Zurich-based firm plans to use the funding to grow internationally and to develop its financial engineering platform. NOW PLAYING SEC Delays Spot […]