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0 CommentsBitcoin reserves available on derivatives exchanges dropped to their lowest since May 11, before the start of miners’ crackdown in China and the following crypto price crash. That reflects institutions still accumulating crypto funds like in late 2020. According to data from CryptoQuant analytics service, confirmed that as of Tuesday, derivatives reserves reached 1.256 million…
Breaking crypto news from the last week (07 – 13 Aug.2021): 07 Aug.: MakersPlace, one of the original NFT marketplaces, has announced a $30 million Series A round of venture financing on Aug 4, led by Bessemer Venture Partners and Pantera Capital. It also includes a number of backers from the venture arm of Coinbase…
One of the original NFT marketplaces, MakersPlace, has announced a $30 million Series A round of venture financing on Aug 4, led by Bessemer Venture Partners and Pantera Capital. It also includes a number of backers from the venture arm of Coinbase and Sony Music Entertainment to many important persons in the worlds of sports,…
On Tuesday, the Poly Network suffered a $612-million hack that did the hacker steal assets from Ethereum, Binance Chain, and the Polygon Network. It’s the biggest heist in DeFi history. However, the suspected hacker already returned over half of the stolen funds, saying he did it “for fun.” On Aug. 10, a hacker exploited a…
The concept of a “crypto bank” has grown increasingly popular in recent years. It’s only natural: where there is money, there is a bank. And crypto money needs a crypto bank. But in fact, the whole thing has been rather difficult to define so far. To begin with, there are as many as four definitions…
The NFT boom caused OpenSea trading volume to explode 76,240% year-to-date. The non-fungible token (NFT) marketplace processed 1.18 million transactions worth $1.06 billion just in the last 30 days. Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea in 2021 have surged by over 12,000%. According to DappRadar data, the total incoming value to OpenSea’s…
