Reading Time: 2 minutesBlur NFT lending offering Blend has facilitated over $35 million in loans in less than a week since its launch on May 1 Miladay and Azuki NFTs are the most popular collectibles used as collateral There are over 1,400 total loans accepted, with the number of lenders almost matching that of borrowers […]
Coinbase Might Soon Offer Banking-Like Services, Claims Ripple Board Member
The second-largest crypto exchange, Coinbase, is still progressing despite the US Securities and Exchange Commission’s enforcement action against it. As such, a Ripple board member and an angel investor at PartyDAO, Asheesh Birla, predict it might offer crypto-enabled banking services. Coinbase Is Transitioning From Crypto Exchange In a Twitter thread, Birla recounted Coinbase’s mission, vision, […]
Web 3.0 Woundup – 07/05/23
Reading Time: 2 minutes This week’s Web 3.0 Woundup sees Nathaniel Chastain found guilty of insider trading on Opensea, Sotheby’s taking on the NFT giants at their own game, and Avalanche working with Alibaba Cloud on a metaverse offering. Chop chop, no time to waste. Nathaniel Chastain Found Guilty of Insider Trading Former Opensea employee […]
Binance under sanction: Does BNB’s price action reflect investor sentiment
The US DOJ investigates Binance for possible sanctions violations. Investor sentiment towards BNB turns bearish, with negative funding rates and declining trading volumes.
Deloitte integrates blockchain for digital credentials
The credentials will “have multiple use cases” including regulatory compliance for banking and Decentralized Finance (DeFi), age verification for e-commerce, private logins and fundraising.
Cardano Whales Accumulating – Why Is ADA Bearish?
Despite a massive Cardano whale accumulation, ADA, its native currency, remains bearish, prompting questions about the strength of the underlying fundamentals and whether the leg up of Q1 2023 is over. ADA’s volatility has been dropping in recent weeks despite a slew of positive developments, mainly from on-chain data. As an illustration, the coin is […]
Bitcoin Provides Insurance Against Fiat Currency Failure, Says Validus Power Corp.’s Greg Foss
On May 4, in a recent Youtube video, Validus Power Corp.’s executive director, Greg Foss, discussed the potential for the banking industry’s failures to wipe out $10 trillion in equity. Foss expressed his support for “hard assets” such as real estate, gold, and bitcoin. He believes that bitcoin, the leading crypto asset, is one of […]
Uniswap [UNI] rejected at bearish order block, bulls fight to defend $5.2 level
UNI’s bullish rally halted at $6.3 price area, as buying pressure wanes.
State Department Spokesman Advised American Subsidiary of Chinese Cryptocurrency Exchange Under Investigation
Vianovo, a crisis communications firm, recently disclosed that one of its partners, had a client in BAM Trading Services. It is a subsidiary of crypto giant Binance. In March, the Commodity Futures Trading Commission sued Binance and its founder, Changpeng Zhao, for allegedly coaching wealthy clients on how to evade regulations. Moreover, for discussing turning […]
In India, over 60% of executives show affinity for metaverse: report
A PwC India report titled “Our Take – Embracing the Metaverse” notes that 63% of corporate entities in India have plans to integrate metaverse as part of their organizational processes. […] Read More… The post In India, over 60% of executives show affinity for metaverse: report appeared first on CoinGeek.