News
News

News

Official Publish0x Crypto News Channel


Switcheo Network Raises $1.2 million in Strategic Investment Led by DeFiance Capital

5 Nov 2020 1 minute read 1 comment Abhimanyu Krishnan

Switcheo Network has received $1.2 million in a round of strategic investment led by DeFiance Capital, according to a blog post published on Nov. 5. With the investment, Switcheo will partner with DeFiance Capital and the other funding participants,...

Decentralized Oracle Platform Razor Network Raises $3.7 million from Alameda Research and Others

5 Nov 2020 1 minute read 3 comments Abhimanyu Krishnan

Decentralized oracle platform Razor Network has raised $3.7 million in a seed funding round, according to an announcement made on Nov. 4. Investors include NGC Ventures, Alameda Research, Spark Digital Capital and private investors including Mariano...

$6.5 Million Staked as ETH 2.0 Deposit Contract Goes Live

5 Nov 2020 1 minute read 10 comments Abhimanyu Krishnan

The deposit contract for the ETH 2.0 upgrade went live on the mainnet on Nov. 4, as announced by the Ethereum Foundation. The deposit contract is the first step of the migration towards Ethereum 2.0, which will operate on a Proof-of-Stake mechanism...

Sam Bankman-Fried’s Alameda Research Invests $3M in Trading Platform

4 Nov 2020 1 minute read 9 comments Abhimanyu Krishnan

Trading platform 3Commas has received $3 million in a Series A funding round led by Alameda Research, according to a press release issued on Nov. 3. 3Commas received $3 million in a funding round where the sole participant was Alameda Research, a qu...

Near $1B in Bitcoin Moves From Silk Road Wallet For the First Time Since 2015

4 Nov 2020 1 minute read 6 comments Abhimanyu Krishnan

Blockchain cybersecurity and intelligence firm CipherTrace reported on Nov. 3 that almost $1 billion in Bitcoin (BTC) was moved from an address associated with the now defunct darknet marketplace Silk Road. The wallet address, which has been dormant...

UMA to Launch Developer Mining Incentives

4 Nov 2020 1 minute read 2 comments Abhimanyu Krishnan

DeFi financial markets-focused project Universal Market Access (UMA) on November 3 announced the launch of developer mining, a new type of liquidity mining that rewards developers for building on the UMA protocol.  Set to launch on November 10, deve...

South Korea’s Financial Body Bans Exchanges from Providing Privacy Coins

4 Nov 2020 1 minute read 1 comment Abhimanyu Krishnan

South Korea’s Financial Services Commission has ordered exchanges to stop dealing in tokens that could potentially be used for money laundering, according to a press release issued on November 2. The announcement specifically refers to “dark coins”,...

Lightning Labs Launches Bitcoin Yield Feature

3 Nov 2020 1 minute read 10 comments Abhimanyu Krishnan

Lightning Network development company Lightning Labs announced on November 2 that it had launched Lightning Pool, which makes it possible to earn yield on Bitcoin (BTC) by selling liquidity access on the Lightning Network. Lightning Pool is a non-cu...

Over $300 million in China’s CBDC Has Been Spent

3 Nov 2020 1 minute read 2 comments Abhimanyu Krishnan

According to a report from Reuters on November 2, China’s Digital Yuan CBDC has already seen approximately $300 million spent by citizens. Speaking at Hong Kong’s “Fintech Week” conference, Governor of the People’s Bank of China Yi Gang said that mo...

PayPal Earnings Call Outlines Firm’s Crypto Plans

3 Nov 2020 1 minute read 3 comments Abhimanyu Krishnan

In a Q3 earnings report call held on November 2, PayPal outlined its plans for cryptocurrency support, offering insight into how it plans to strategize the asset class in 2021. The key highlight from the call was that cryptocurrency services would b...