Daily News Roundup - June 15

Daily News Roundup - June 15

By Abhimanyu Krishnan | News | 15 Jun 2021


1. Coinbase Pro Lists Polkadot (DOT)

Polkadot

Coinbase is adding Polkadot to its professional trading platform, according to a blog post published on June 14. Polkadot’s price has shot up by over 15% in the past 24 hours, built on the listing and milestones such as Kusama’s slot auctions, which is also being developed by the Web3 Foundation. 

Trading will begin on June 16 and take place in a phased manner. Listing on the professional platform is usually followed by listing on the retail platform. The listing is another fairly important development in an event-filled few weeks for Polkadot, which has been one of the standout performers in 2021.

2. Goldman Sachs Plans to Offer Ether Futures and Options

Ethereum

Multinational investment bank Goldman Sachs is planning to offer future and options contracts for Ether, according to its head of digital assets, Mike McDermott. Bloomberg reported the news first on June 14, saying that the bank wanted to expand beyond bitcoin offerings.

Other highlights from the report include Goldman saying that its clients were showing increased interest in cryptocurrencies. The bank only began offering bitcoin this year, and has already received a lot of engagement for its services. The offering marks a remarkable turnaround for Goldman, which up until last year did not consider cryptocurrencies to be a legitimate kind of asset.

3. Blankos Block Party NFT Game to Feature NFTs from Deadmau5 and Burberry

Blankos Block Party

A new game developed by NFT gaming startup Mythical Games will feature both musician Deadmau5 and fashion brand Burberry. Titled Blankos Block Party, the game will feature NFTs from these entities as well as other collaborations in the months to come. The game will be free to play and is currently an early access phase. 

Mythical Games also made the headlines recently for a $75 million fundraising round. The team is composed of former executives from Activision, Electronica Arts and Oculus. The Blankos game lets users engage in a series of mini games, with them also being able to earn revenue from NFTs and the things that they create.

4. Swiss Bank Sygnum Will Make Major DeFi Assets Available to Institutional Clients

Sygnum

Swiss bank Sygnum has begun offering trading services for DeFi tokens, including Aave, Curve, Uniswap, Synthetic and 1inch, according to an announcement made on June 15. The bank’s clientele includes hedge funds, family offices and asset managers.

Sygnum is a digital asset bank that focuses on providing digital assets services to institutions through a fully regulated platform. Aave CEO Stani Kulechov, among others, remarked on the new offering, saying that he looked forward to bringing traditional finance with the DeFi world.

5. Paul Tudor Jones: Bitcoin is a Way to "invest in certainty"

Paul Tudor Jones

Paul Tudor Jones, billionaire hedge fund manager, in an interview on CNBC’s Squawk Box, said that he would expand his bitcoin investments to 5% of his portfolio. He also said that bitcoin was a way for him to “invest in certainty”, citing US Federal Reserves as a motivation for the investment.

The Fed will hold a policy meeting over the next two days and Jones’ concerns have to do with the inflation rate. The US, as well as other governments, have been roundly criticized for their monetary policies during the pandemic, printing trillions of dollars.

How do you rate this article?


217

6

Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


News
News

Official Publish0x Crypto News Channel

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.