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The firm has been hiring aggressively despite concerns of a crypto winter. Galaxy Digital (GLXY), the cryptocurrency-focused financial services firm run by Michael Novogratz, named Andrew Lace as vice president of institutional sales in its trading division, a company representative told CoinDesk. Lace joins the London team from Elwood Technologies, the digital assets trading firm […]
The chairman of a congressional subcommittee reached out to the CEO of Binance.US to produce various documents in an attempt to help review the measures taken to protect investors. Brian Shroder, president and CEO of Binance.US, received a federal letter requesting the urgent disclosure of official documents that prove the exchange’s adherence to various investor-centric
US congressman to review all Binance.US files related to consumer safety Read More »
The push into the metaverse is taking a new turn for the positive as the Snoop Dogg and Eminem duo performed in the metaverse at the MTV Music Video Awards on Sunday. While their performance as Bored Apes remains the highlight of the event, the debut of the MTV Music Video Awards opened a new
MTV Awards Feature Eminem and Snoop Dogg as Bored Apes Read More »
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The funds will help the company launch its latest Moonbirds NFT collection and a social platform for NFT collectors. Non-fungible token (NFT) vollective Proof has raised $50 million in a Series A funding round as it gears up for the launch of its latest NFT collection, the company revealed during a live-streamed community event on Tuesday. This
NFT Collective Proof Raises $50M in Funding Round Led by a16z Read More »
The blockchain gaming firm in question raised over $200 million on Monday to further its NFT operations. Changpeng “CZ” Zhao, CEO of Binance, criticized the creation of a novel “free-to-own” business model in the GameFi space on Tuesday, writing: “If everything will be free in the world, why do we have to work so hard…” The Binance
New free-to-own GameFi model is ‘high risk,’ according to CZ Read More »
GoTo purchased Indonesian bitcoin and cryptocurrency exchange PT Kripto Maksima Koin for $8.38 million to become a diverse money management company. GoTo purchased PT Kripto Maksima Koin by acquiring 100% of available shares. The tech giant paid about $8.38 million for the acquisition to become a money management firm. GoTo reportedly accounts for 2% of
KEY POINTS As well as diesel and gasoline vehicles, Toyota is known for its hybrid and hydrogen fuel cell offerings. The Japanese automotive giant’s move comes as major economies lay out plans to reduce the environmental footprint of road-based transportation. Just this month, the California Air Resources Board approved a rule that will require all
Meta Platforms Inc has announced that it has enabled the digital collectables features across its two major social media apps – Instagram and Facebook. The new feature will allow users the capability to post digital collectables. As one of the social media platforms with a vested interest in the Non-Fungible Token (NFT) ecosystem and the
Meta Users Can Now Post Digital Collectables on Instagram and Facebook Read More »
In two days’ time, bitcoin’s price dropped to fresh August lows as it dipped below the $20K per unit region for the first time since mid-July. During that time, two addresses created on December 19, 2013 sent 10,000 bitcoin worth $203 million to unknown wallets after sitting idle for close to nine years. Onchain data
Whale Spends 10,000 BTC Worth $203M, Bitcoins Stem From the Infamous 2011 Mt Gox Hack Read More »
Crypto market turmoil highlights risks of leverage in trading Leverage is widely used in the crypto industry. While leverage has the potential to increase returns, it also amplifies downside risks. Leveraged trading of cryptocurrencies — i.e., trading crypto with borrowed funds — comes with significant risks. This is mainly due to the capricious nature of
Crypto market turmoil highlights risks of leverage in trading Read More »
