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Synthetix to Introduce Synthetic Futures and Rebrand Exchange in H2 2020

5 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

On July 31, synthetic asset platform Synthetix (SNX) offered an update on its roadmap, detailing several significant offerings for the latter half of 2020. New features and developments include synthetic futures, a rebrand of the exchange and deeper...

Ripple's Q2 Market Report Shows Better Sales Than Q1

5 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Ripple published its Q2 XRP market report on August 3, and the numbers are much better than those of Q1. The report covers quarterly programmatic and institutional sales updates, as well as updates and commentary on partnerships and developments. To...

Blockchain-based MMO Infinite Fleet Raises $3.1M in STO

5 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Infinite Fleet, a massive multiplayer online (MMO) game based on blockchain technology, has raised $3.1 million through a private Security Token Offering (STO). CoinDesk reported that the sale had concluded on July 31 and was conducted in two parts. ...

Huobi Forms DeFi Investment Arm

3 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Singapore-based cryptocurrency exchange Huobi will launch a new investment arm focused exclusively on DeFi, according to a press release published on August 3. The initial agenda for DeFi labs will be related to research, investment and incubation of...

17-Year-Old Involved in Crypto Twitter Hack

3 Aug 2020 1 minute read 2 comments Abhimanyu Krishnan

On July 31, United States law enforcement agencies arrested 3 individuals, including a 17-year-old, in connection with the massive Twitter hack that occurred in July. The charges brought against Graham Clark are over 30 felony counts, including organ...

Balancer Reaches $0.5B in All Time Volume in Just 4 Months

3 Aug 2020 1 minute read 2 comments Abhimanyu Krishnan

The Balancer automated market maker has reached the milestone of half a billion dollars in just 4 months, according to a recent tweet from Balancer Labs on August 2. Balancer only launched in March 2020, but it quickly began to see investors flock t...

Coinlist Mints Over 7000 BTC on Ethereum in July

3 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Token launch and exchange platform CoinList has minted 7,029 wrapped Bitcoin (WBTC) on Ethereum (ETH) in July, in what was a highly active month for the network. Bitcoin on Ethereum grew by 70% in July, with over $100 million moved.  WBTC is by far t...

Dharma Integrates Uniswap, No Trading Fees for Limited Time

3 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

DeFi platform Dharma announced on July 30 that it had integrated decentralized protocol Uniswap, allowing users to trade within Dharma’s Smart Wallet. All trading fees will be waived for users until at least August 30.  Dharma is a lending and savin...

Coinbase Reviewing 19 Assets for Next Listing

3 Aug 2020 1 minute read 1 comment Abhimanyu Krishnan

San Francisco based exchange Coinbase on July 31 announced that it was examining 19 digital assets for listing on the exchange. Shortlisted assets include Ampleforth, Balancer and Curve. Coinbase assesses digital assets against its Digital Assets Fr...

The SEC Wants to Track Binance Chain Transactions

31 Jul 2020 1 minute read 9 comments Abhimanyu Krishnan

The United States Securities and Exchange Commission (US SEC) is planning to offer blockchain analysis firm CipherTrace a contract, in an effort to trace transactions on the Binance Chain. A memo published on July 29 reveals that the SEC believes tha...