Current

Cosmos liquid staking protocol pSTAKE raises $10 million in seed funding

pSTAKE, a liquid staking protocol from blockchain startup Persistence, has raised $10 million in a seed funding round.Three Arrows Capital, Galaxy Digital, Sequoia Capital India, and DeFiance Capital co-led the round, with Coinbase Ventures, Tendermint Ventures, Kraken Ventures, Alameda Research, and Sino Global Capital also participating. Several angel investors, including Aave's Ajit Tripathi, Terra founder Do Kwon and Alpha Finance co-founder Tascha Punyaneramitdee, also backed the round. Crypto staking infrastructure providers, including Stake.fish, Figment Fund, Everstake, and Chorus One, also joined the round. This was pSTAKE's first fundraise and was

Acala and Moonbeam Leading Polkadot Parachain Auction with $2.5B TVL

There are two horses extending their leads in the inaugural Polkadot parachain auction and the deadline for the end of bidding is approaching.Sponsored Sponsored The Polkadot network’s highly anticipated parachain auctions kicked off on Nov 11 and two projects are commanding a significant lead over the rest of the pack vying for the slot. With a combined total value locked of more than $2.5 billion worth of DOT pledged, Acala and Moonbeam are close contenders for the victory for the auction ending on Nov 18.Sponsored Sponsored The winning project will

‘Big Short’ Investor Michael Burry Says ‘I’ve Never Shorted Any Cryptocurrency’ — Warns of the Biggest Bubble

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that he has never shorted any cryptocurrency. He further warned that the current bubble is the biggest one. Michael Burry on Bubbles and Shorting Cryptocurrencies Famous investor and founder of private investment firm Scion Asset Management, Michael Burry, has confirmed on Twitter that he has never shorted cryptocurrency. Burry is best known for being the first investor to foresee and profit from the U.S. subprime mortgage crisis that occurred between 2007 and 2010. He is profiled in

Crypto Valley Roundup – Fall 2021

The Crypto Valley is known to be one of the most “crypto-friendly” regions in the world. But what specifically is happening within the Blockchain ecosystem? The “Crypto Valley Roundup” aims to provide insight and highlights from selected events every two months.Sponsored Sponsored With the first Blockchain companies settling in the area of Zug from 2013 onwards, the term “Crypto Valley” was soon born in reference to the “Silicon Valley”. Thanks to politics and regulation, Switzerland was able to create the necessary legal certainty for a flourishing ecosystem around Blockchain and

First Mover Asia: Bitcoin Drifts Lower After Taproot Upgrade; Ether Drops

Good morning, Here’s what’s happening this morning: Market Moves: Bitcoin’s highly anticipated Taproot upgrade fails to produce any noticeable price pop. Technician’s take: Short-term upside appears to be limited given the loss of positive momentum. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $64,514 +0.4% Ether (ETH): $4,562 -1.7% Market moves Bitcoin was trading flat after Taproot, the blockchain’s biggest network upgrade in four years, went live. The upgrade, which took effect at 5:15 coordinated universal time (1:15 a.m.

What if Bitcoin Taproot follows SegWit’s path of adoption

Bitcoin Taproot is finally live, a network upgrade that has been four years in the making. It was first put forward by Greg Maxwell, cryptographer and developer, in 2018 after SegWit was implemented on 24 August 2017. SegWit was the first major BTC soft fork update, which wasn’t taken all too well by the community. Now, four years later, the ecosystem has another update in store to improve the privacy, scalability, and security of the network. In this article, we will try to draw a possible adoption roadmap for Taproot

9 Random Questions About Shiba Inu Answered

As the meme coin hype continues, more and more people are finding out about Shiba Inu and crypto in general. As a result, there are many random questions surrounding Shiba Inu that many newcomers to crypto might not know the answers to. Let’s go over some of the most popular questions on Google that people have about Shiba Inu.Is Shiba Inu coin real? One of the most popular questions is whether or not $SHIB is real. Shiba Inu is real in the sense that it’s a ERC20 token that can

9 Random Questions About Shiba Inu Answered

As the meme coin hype continues, more and more people are finding out about Shiba Inu and crypto in general. As a result, there are many random questions surrounding Shiba Inu that many newcomers to crypto might not know the answers to. Let’s go over some of the most popular questions on Google that people have about Shiba Inu. Is Shiba Inu coin real? One of the most popular questions is whether or not $SHIB is real. Shiba Inu is real in the sense that it’s a ERC20 token that

Livepeer Price Hits New ATH Amid Mist Acquisition and Upcoming Hackathon

Livepeer price is up over 54% today making it the biggest gainer on Crypto.com, followed by Loopring (+32.63%) and Basic Attention Token (+31.93%). With the recent price hike, the crypto also set a new all time high of $61. Let’s take a closer look at Livepeer and its LPT token and see what all the hype is about.What Is Livepeer? Launched in 2017, Livepeer is the first decentralized live video streaming network that allows users to transcode video using their GPUs in exchange for ETH and LPT rewards. LPT is

Livepeer Price Hits New ATH Amid Mist Acquisition and Upcoming Hackathon

Livepeer price is up over 54% today making it the biggest gainer on Crypto.com, followed by Loopring (+32.63%) and Basic Attention Token (+31.93%). With the recent price hike, the crypto also set a new all time high of $61. Let’s take a closer look at Livepeer and its LPT token and see what all the hype is about. What Is Livepeer? Launched in 2017, Livepeer is the first decentralized live video streaming network that allows users to transcode video using their GPUs in exchange for ETH and LPT rewards. LPT

Shiba Inu Price Shows Strong Support, AMC Announces Plans to Accept $SHIB

After the bear trap last week, Shiba Inu’s price continued to decline throughout the day. However, the market showed strong support at the $0.000053 level and is currently trading at $0.000056. Let’s take a look at any relevant Shiba Inu news and see what this week has in store for us. Shiba Inu News In a press release published earlier today, Tokens.com – a publicly traded company – announced that it has purchased 833 Million Shiba Inu tokens. Andrew Kigues, Tokens.com CEO commented: “We believe we are the first publicly

Another Leading DEX Is Choosing the Order Book Mechanism

As the DeFi segment with the clearest application scenarios and the strongest demand, decentralized exchange (DEX) has always been attracting the most attention.Sponsored Sponsored It also embodies the greatest competitiveness as well as the strongest capital effect. Since its low and stable performance in the middle of last year, DEX’s total trading volume has grown rapidly, and the monthly figure peaked at $162.8 billion in May. Sponsored Sponsored Although it is still lagging behind the centralized exchange (CEX), its market size of hundreds of billions of dollars obviously can not