Lens
Altcoins
TerraUSD (UST) climbed to a high of US$0.84 on Thursday after Terra proposed a network upgrade to increase the blockchain’s native token LUNA, in hopes to save its algorithmic stablecoin’s peg to the greenback. See related article: Run on UST cuts the ground from under Terra’s feet Fast facts The UST is minted by locking […]
Pradipta Mukherjee
NFT Marketplaces
The 'virtual land' sale that broke Ethereum was also a fiasco for buyers. Should Yuga Labs have seen it coming and taken preventative action?
Anndy Lian
Bitcoin News
Australia’s first three cryptocurrency exchange-traded funds (ETF) launched on the Cboe exchange on Thursday, bringing Bitcoin and Ethereum products to the stock market. See related article: Launch of three crypto ETFs in Australia delayed Fast facts One of the funds, the Cosmos Purpose Bitcoin Access ETF (CBTC) from Cosmos Asset Management, tracks the Purpose Bitcoin […]
Lachlan Keller
Regulation
The travails of the largest cryptocurrency exchange in the U.S., highlight the perilous path foreign companies have to brave in India's evolving, but often ambivalent regulatory environment, especially when it comes to new technologies, and industries.
Pradipta Mukherjee
Bitcoin News
The CEO of business analytics software firm MicroStrategy took to Twitter to reassure investors as an outsized bet on Bitcoin faltered. See related article: Has Bitcoin become a victim of its own success? Fast facts If the price of Bitcoin falls below US$3,562, the company could post some other collateral, Saylor claimed. MicroStrategy has a […]
Pradipta Mukherjee
Bitcoin News
South Korea’s kimchi premium dropped to around 3.39% on Wednesday after climbing up to its highest since December, 6.28%, on Tuesday, according to CryptoQuant data. See related article: Korea’s Bitcoin kimchi premium explodes as Kakao rises on Upbit rumors Fast facts Kimchi premium describes the higher price gap between tokens on South Korean exchanges and […]
Danny Park
Market Trends
CoinDCX Ventures has pledged Rs 100 crore (US$13 million) to early stage cryptocurrency, blockchain and Web 3.0 startups over the next 12 months, cofounder Sumit Gupta announced on Tuesday. See related article: India’s crypto shakedown be damned, CoinDCX raises $135 million Fast facts Crypto exchange CoinDCX has vouched at least US$258,000 in blockchain and Web […]
Pradipta Mukherjee
Altcoins
Pantera Capital, a U.S. hedge fund specialized in cryptocurrency investment, has closed about 10 deals in India, including one with crypto unicorn CoinDCX, Paul Veradittakit, a partner at Pantera, told The Economic Times. See related article: Temasek leads $200M funding round in crypto firm Amber Fast facts “We plan on doing a lot more (investments) […]
Pradipta Mukherjee