“Blockworks” quoted people familiar with the matter as reporting that the e-commerce leader “Amazon” (Amazon) is setting up a digital asset company and is expected to launch a plan related to NFT this spring. According to four people familiar with the plan, Amazon has approached a number of industry players about its NFT project. These …
Why does GBTC have a negative premium rate of nearly 50%? The recently leaked bankruptcy documents of Genesis, a cryptocurrency lending company, finally revealed some truths. According to the information, the main situation is summarized as follows: 1. Genesis promises to provide GBTC products to Earn users of the cryptocurrency exchange Gemini; 2. Genesis suspends …
Foreign media previously reported that with the weakening of the cryptocurrency market, El Salvador (El Salvador), which has repeatedly purchased bitcoins with national power, has become more financially constrained. Many people are worried about the outbreak of debt default due to debt repayment. However, that may not be the case in reality. President Nayib Bukele …
An ethereum developer said the Shanghai upgrade’s “Shadow Fork” (Shadow Fork) has gone live. A shadow fork is a stress-testing environment that allows ethereum developers to practice functions such as running nodes, deploying smart contracts, and testing infrastructure in order to evaluate network upgrades before they occur. According to Marius Van Der Wijden, a software …
An independent miner with a hash rate (computing power) of just 10 terahashes per second (TH/s) won the 772,793rd block added to the bitcoin blockchain on Friday (20th). At the time he added this block, Bitcoin’s total hash rate was just over 269 exahash per second (EH/s), representing 0.000000037% of the entire blockchain’s hash rate …
Charles Hoskinson, founder of the public chain project Cardano (ADA) and co-founder of Ethereum, said that he is considering acquiring CoinDesk, an encrypted currency media under the DCG Group, and transforming it into a hybrid of news and social networking sites. CoinDesk said on Wednesday it hired financial advisory firm Lazard as a financial advisor …
Starting from some algorithmic stable currency FRAX, Frax Finance has now developed a complete set of DeFi products, including: stable currency FRAX, time-weighted average AMM Fraxswap, lending market Fraxlend, algorithmic market maker AMOs, encrypted native CPI stable currency FPI, cross-chain Bridge Fraxferry, with the recent upgrade of Ethereum Shanghai approaching Frax has launched ETH liquid …
Digital Currency Group ( DCG ) CEO Barry Silbert has worked in traditional financial markets for many years. After moving to the encryption field, he successfully created his DCG empire and is now trying to save his brokerage firm from bankruptcy. A year ago, Barry Silbert’s 40% stake in DCG was worth more than $3 …
The founders of two bankrupt cryptocurrency companies are teaming up to create an exchange that will allow users to trade claims on bankrupt cryptocurrency companies. Three Arrows Capital, which filed for bankruptcy in July last year, and its founders Su Zhu and Kyle Davies are working with the two founders of the cryptocurrency exchange CoinFLEX …
After a tumultuous 2022, cryptocurrency investors are trying to find their feet, repeatedly asking “when will the bull market return.” In this regard, most people in the industry believe that due to overall economic factors such as inflation and interest rate hikes, 2023 will be a “cautious year”, and the bull market will hardly repeat …
