Cryptocurrency firm Circle has announced a major partnership with Atlanta-based Citizens Trust Bank, which will hold $65 million in usd coin (USDC) reserves. This move is part of Circle’s plan to allocate…
Surge in Non-Fungible Token (NFT) Sales Reaches $801 Million in Seven Days
Non-Fungible Tokens (NFTs) Sales Surge to $801 Million in Seven Days The past week has seen a significant surge in non-fungible token (NFT) sales, with the total amount of sales settling at…
Coinbase Launches Ethereum Layer Two Scaling Network: Base
Coinbase Launches Ethereum Layer Two Scaling Network Base Coinbase, one of the world’s leading cryptocurrency exchanges, has announced the launch of Base, an Ethereum layer two (L2) scaling network. After developers launched…
Mixed News in Crypto Markets: Coinbase’s Base Experiences Hiccups, YFI Token Surges to Highest Level in 6 Months
Crypto markets saw a mixed bag of news on Thursday and Friday, with Coinbase’s new layer 2 blockchain Base experiencing some hiccups and Yearn Finance’s YFI token surging to its highest level…
Exploring the Unusual Premium of Bitcoin Futures on the CME: A Potential Opportunity for Investors
The cryptocurrency market is always full of surprises, and the latest one is the unusual premium of Bitcoin (BTC) futures trading on the Chicago Mercantile Exchange (CME). According to data tracked by…
Exploring the Legal Implications of Decentralized Autonomous Organizations (DAOs)
The emergence of decentralized autonomous organizations (DAOs) is revolutionizing the way Web3 projects are organized, managed, and scaled. As part of CoinDesk’s “BUIDL Week,” this article will explore the legal implications of…
Folkvang: Standing Strong After the FTX Exchange Collapse
The cryptocurrency industry is still feeling the effects of the FTX exchange collapse that occurred more than three months ago. Despite the major blow that Folkvang, a market-neutral, Singapore-based trading firm, suffered…
Audius and TikTok Take Partnership to the Next Level
Audius, a web3 music streaming platform, is taking its partnership with the popular social media platform TikTok to the next level. On Thursday, the company announced that it is now allowing users…
Crypto Markets Pull Back on Wednesday as Traders Price in Higher Chance of Fed Rate Hike
Crypto markets experienced a broad pullback on Wednesday, with the CoinDesk Market Index (CMI) dropping 1.1% and Bitcoin (BTC) falling 0.9%. Ethereum (ETH) was the only major crypto asset to post a…
Solana Blockchain Resilience in the Face of FTX Collapse: A Coinbase Research Report
The crypto market has been in a state of flux in 2022, and the collapse of FTX had a significant impact on the Solana blockchain ecosystem. Despite the perceived linkages between the…