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“# Perpetual Protocol crosses $500K open interest cap amid BTC all-time high ” Perpetual Protocol, a new DeFi derivatives exchange, revealed that the platform had already crossed its $500,000 open interest (OI) cap for decentralized perpetual contracts. The announcement is coming less than 24 hours after the mainnet launch of the service on Wednesday. Following the achievement,…
“# Same price, different Bitcoin: How fundamentals changed from 2017 ” As Bitcoin (BTC) keeps hitting new all-time highs past $20,000, its network fundamentals paint a different picture compared to the previous 2017 bull run. Three years ago, on this very day, Bitcoin reached its first major all-time high of $20,000, recording up to 2,000%…
“# Dance producer Guy J sells token representing new track’s royalties for 40 ETH ” The crypto-powered music streaming platform Rocki has sold its first “royalty income right NFT” — a token granting its owner a 50% share in all royalties generated by a specific track’s streams on the site. The token corresponds to a…
“# ‘Bitwise 10’ crypto index trades at 369% premium in record breaking debut ” Leading crypto fund manager Bitwise Asset Management has announced that its 10 Crypto Index Fund is trading at a much higher premium than the underlying assets it represents. The BITW fund saw record initial trading volumes with shares in the crypto…
“# Tron asks NY judge to turf ICO suit from Binance bag holders ” The Tron Foundation has requested a New York federal judge dismiss a class action lawsuit alleging securities violations through Tron’s 2017 initial coin offering, describing the claims as “fatally flawed.” The Chinese blockchain developer filed a motion to dismiss on Dec….
“# Bitcoin price hits $21,569 as Dave Portnoy misses out on $160K ” The Bitcoin price passed $21,000 for the first time in history on Dec. 16, not long after the crypto asset broke the psychological $20,000 threshold. BTC/USD weekly chart. Source: Tradingview The recent rally to $21,569 on Coinbase at approximately 11:15 PM UTC,…
“# ‘Be my Santa, please’ — Chainlink user offers $13K reward to fix $50K mistake ” According to a Github post made today, user dawidkabani13 claims to have accidentally sent 4,005 Chainlink (LINK) — $53,226 at the time of publication — to an Aavegotchi (GHST) smart contract on the Ethereum blockchain, which does not support…
“# Binance and Coinbase suffer outages as Bitcoin’s price soars ” Both Binance and Coinbase suffered technological issues on Wednesday — the same day Bitcoin (BTC) crossed the $20,000 price threshold for the first time. Binance related its issues to the number of people surfing the exchange. Changpeng Zhao, or CZ, Binance’s CEO, tweeted on…
“# Former Cisco CFO joins Coinbase board as mainstream recognition grows ” Digital currency exchange Coinbase welcomed a new member to its Board of Directors on Wednesday, as it continues to draw on expertise from outside the cryptocurrency sector. Kelly Kramer, former CFO at Cisco, will serve as Chair of Coinbase’s Audit and Compliance Committee,…
“# Fractional stocks go to pot as FTX lists tokenized cannabis shares ” Cryptocurrency derivatives exchange FTX has announced it is growing its line of tokenized stock offerings, with the addition of five cannabis-related businesses. The Wednesday announcement, tweeted by FTX and Alameda Research CEO Sam Bankman-Fried, came in a haze of ex-hemp-lary (sorry) marijuana…