Following the recent approval of QR Capital’s Bitcoin exchange-traded fund (ETF), the Brazillian company is looking to raise $90 million to buy the bitcoin needed before trading commences. Working Towards Acquiring Bitcoin QR Capital made history after Brazil’s Securities and Exchange Commission (CVM) approved its application for a Bitcoin ETF, becoming the first of such...Read More
Attempting to improve access to DeFi interest-bearing accounts, including for individuals, businesses, professional investors, and corporations, Orbs is introducing Liquidity Nexus to act as a bridge between centralized and decentralized finance. This Liquidity-as-a-Service solution looks to make DeFi applications more available and less risky. Liquidity Nexus will provide an intuitive platform that’s simple to operate...Read More
[Featured Content] The DeFi industry has become a focal point in the cryptocurrency space, and ever since last summer, it’s hard to ignore it anymore. The value locked in various protocols continues to increase as more and more people realize the merits within a trustless, decentralized financial infrastructure. Yet, it’s undeniable that DeFi is still...Read More
The founder of Cardano, Charles Hoskinson, has stated that his company has seen “overwhelming demand” despite only being in the second stage of its Goguen upgrade. Currently, Cardano does not have programmability at the base layer, with no smart contracts for the moment, but this didn’t stop companies from subscribing to it, according to Hoskinson....Read More
The multi-token protocol enabling automatic market-making Balancer has partnered with the blockchain-based simulation platform for building financial models, Gauntlet. The collaboration aims to enhance returns for Balancer V2 Liquidity Providers while still keeping the funds fully non-custodial. Balancer Partners with Gauntlet to Maximize Returns In a press release shared with CryptoPotato, Balancer announced its latest...Read More
Positive news emerged for Ripple (XRP) late last week as the blockchain giant looks to get relisted on US coin exchanges. In a historic SEC lawsuit against Ripple Labs, a judge involved in the discovery process acknowledged XRP’s viability as both a currency and utility. In the same hearing, the SEC admitted that only Ripple...Read More
Less than two years after launching, OKEx Korea has decided to shut down its services to South Korea-based customers. Although the company failed to explain why, the closure comes amid new regulations imposed by South Korea towards exchanges. Earlier today, OKEx Korea published a termination notice informing that the cryptocurrency exchange will shut down its...Read More
Analytics from on-chain data provider Glassnode have revealed that smaller addresses holding 0.1 to 1 Bitcoin have surged since March 2020 when markets dumped. However, it expressed caution that the bull market could be entering its latter stages, as indicated by other on-chain metrics. #Bitcoin on-chain indicators suggest conditions are similar to the second half...Read More
