On Monday, Paradigm, a crypto over-the-counter liquidity network, announced the launch of a block trading facility on the leading derivatives exchange Deribit for options linked to major alternative cryptocurrencies MATIC, SOL, and XRP. Paradigm stated on X that clients can now execute block trades in Polygon (MATIC), Solana (SOL), and Ripple (XRP). These linear options … Read more
CoinDCX, an Indian cryptocurrency exchange, has expanded its Okto wallet into a comprehensive Okto ecosystem, which includes launching a blockchain, a token, and a points program starting Tuesday. According to co-founders Neeraj Khandelwal and Sumit Gupta, the goal is to offer global users a seamless mobile experience while navigating the Web3 space. The Okto points … Read more
Crypto exchange OKX is transitioning its Australian-focused services to a locally regulated entity as part of its expansion in the Asia-Pacific region. Jamie Kennedy, general manager of OKX Australia, stated that Australian crypto users deserve a secure, easy-to-use platform that meets their needs, including seamless access to banking rails and AUD pairs for popular cryptocurrencies. … Read more
Metaplanet, a company listed on the Tokyo Stock Exchange, has declared Bitcoin as its strategic reserve asset in response to the ongoing economic uncertainties in Japan. The decision, announced on May 13, comes amid concerns about high government debt levels, prolonged periods of negative real interest rates, and a weakened yen. According to Metaplanet, adopting … Read more
The Shiba Army has established a new Telegram group with enhanced anti-bot features, while the previous discussions have been archived. Named SHIBA BONE OFFICIAL, this group focuses on ShibaSwap trading and the Shibarium ecosystem. To join, members must undergo verification, and the group has already attracted over 5,000 participants. This development coincides with Shiba Inu … Read more
In the ever-evolving realm of decentralized finance (DeFi), innovation is the driving force behind its remarkable journey. DeFi has swiftly risen from modest beginnings to become a disruptive influence, challenging traditional banking models and democratizing financial access. Fueled by blockchain technology, DeFi platforms have burgeoned, offering users an array of opportunities ranging from lending and … Read more
Sky Mavis, the creator of Axie Infinity, has recently launched a new mobile game called Duet Monsters. This game introduces players to PvP battles set in a rhythmic environment reminiscent of Guitar Hero, and it’s compatible with both Android and iOS devices. Duet Monsters incorporates the colorful Axies from Axie Infinity into a musical backdrop. … Read more
At the time of reporting, Bitcoin’s value stands at $61,512, experiencing a 1.4% decrease over the past 24 hours. Despite this decline, Bitcoin continues to attract significant attention from analysts and investors. Ki Young Ju, CEO of analytics firm CryptoQuant, recently highlighted the potential for Bitcoin’s network fundamentals to support a market valuation three times … Read more
FTX has revealed a fresh repayment proposal as part of its ongoing bankruptcy proceedings, aiming to fully settle debts owed to creditors. The plan, unveiled on a Tuesday, seeks to use asset prices from November 2022, potentially including interest, to achieve this goal. While FTX has amassed between $14.5 and $16.3 billion, it still owes … Read more
The Starknet Foundation has recently announced the launch of a significant initiative, the $5 million Seed Grants Program, denominated in USDC, aimed at accelerating the development of emerging projects on its network. This program intends to offer crucial financial support to approximately 200 emerging teams, with each team receiving a grant of $25,000. The primary … Read more