San Francisco-headquartered digital asset exchange Coinbase might be releasing a new token, according to its head of institutional sales in Asia, Kayvon Pirestani. Pirestani, a former executive at Morgan Stanley, says Coinbase is considering launching an initial exchange offering (IEO) platform, in addition to other capital-formation tools. Pirestani’s comments came...
Coinbase becomes the first American publicly traded company to launch a decentralized network. The layer 2 blockchain Base is now open to the public with over 100 dapps and on-chain service providers like Chainlink available at launch. Base is an L2 network built as an alternative to Ethereum using Optimism’s...
Coinbase's layer 2 network Base recently published a roadmap detailing the milestones to be achieved on the way to mainnet launch. Base also stated that there are no plans to issue a network token.
Despite the opinions of some who consider crypto to be a detriment to the world, younger generations are certainly idealistic on the place of blockchain technologies in the future of society. On Wednesday, Coinbase published the 2019 version of its annual study looking at the world’s top 50 universities and...
In brief: On 16th April, 2020, the team at Purse.io made the difficult announcement stating they were shutting down operations. The team was in the process of dissolving the company when acquisition offers came knocking. On the 16th of April, the team at Purse.io informed the crypto community and fans...
Dapp.com, a Singapore-based platform for discovering and analyzing thousands of ranked decentralized applications (dApps), closed a $1 million Pre-A investment round on Thursday. The round was reportedly led by Du Capital and Hashed, a South Korean venture capital company focused on blockchain technology. According to its Crunchbase profile, Dapp.com ranks...
The DeFi economist at Consensys, David Shuttleworth, is bullish on Ethereum In an interview with Kitco, Shuttleworth noted how Ethereum processes far more transactions than Visa. In his latest interview with Kitco, the leading DeFi economist at ConsenSys, David Shuttleworth, has praised Ethereum. Shuttleworth noted how post-merge Ethereum has levelled...
In summary: The Compound (COMP) token has been listed on Coinbase and Binance in quick succession. The popularity and rise of the COMP token and Compound Finance have turned the spotlight to the DeFi industry. As a result, Poloniex has listed more DeFi tokens. Weiss Ratings believes DeFi is revolutionary...
Wall Street Gone Blockchain Some of the world’s most powerful investors and CEOs have long denounced Bitcoin. Warren Buffett, for instance, has claimed that the cryptocurrency is nothing more than an asset with no intrinsic value, or something with not much more value than his suit button. Yet, the funny...
dYdX has announced the launch of its private testnet on Cosmos. The DeFi exchange is expecting to launch its mainnet by September 2023. News of the testnet's launch lead to a 12% increase in DYDX's price.
