The Web3 investment fund – LongHash Ventures – teamed up with Terraform Labs to establish the LongHashX Accelerator Terra cohort. The join product will aim to reach founders and startups building in the Terra ecosystem. Terra’s Latest Partnership According to a document seen by CryptoPotato, the agreement...
Dubbed Nexo Prime, the proprietary prime brokerage platform will focus on catering to institutional, corporate, and high-net-worth investors. It aims to provide them with all the tools necessary to trade, borrow, lend, and securely store their digital assets in a single product. Digital Asset Prime Brokerage...
Non-fungible tokens (NFT) were the hottest topic in 2021, but the hype around the concept continues to grow stronger, with the global NFT market worth over $40 billion. NFTs are cryptographic tokens used to uniquely represent digital and real-world assets such as images, houses, cars, songs,...
OpenZeppelin, a security audit company for Coinbase, identified $15B rugpull vulnerabilities in Convex Finance, whose anonymous developers later resolved the risk. The surprising discovery occurred during a security review of the Convex Finance protocol. A Bug Only Exploitable From the Inside The Security Research Team from OpenZeppelin...
The blockchain enterprise Near Protocol has reportedly secured a $350 million fundraiser. The initiative was led by Tiger Global Management – an American investment firm with over $90 billion in assets under management. Cited by Bloomberg, Amos Zhang – a Partner at MetaWeb VC (a company...
BlockchainCom launched an asset management service, BCAM, on Wednesday. The new business arm has been created in partnership with Altis Partners, an investment management company with a focus on futures portfolios. The new asset management brand will target “institutional investors, family offices, and high-net-worth individuals,” said...
The outspoken proponent of the cryptocurrency industry – Anthony Scaramucci – urged investors to ignore Berkshire Hathaway’s CEO Warren Buffett and the head of JPMorgan Chase – Jamie Dimon – who have criticized the digital asset sector numerous times. Scaramucci argued that these people had...
BitPay – a popular cryptocurrency payments provider – has now integrated Bitcoin’s lightning network into its platform. This will allow Bitcoin payments to settle much faster, and cost far less, than ordinary transactions. Lightning Network Effective Immediately The lightning network is a Bitcoin ‘layer 2’ scaling solution...
Litecoin Foundation, a community-run organization, committed to the development and adoption of Litecoin, announced a partnership with the digital currency mining platform AntPool to form LTC Labs. The newly established research laboratory will be dedicated to developing anonymous transactions, decentralized applications, Litecoin-based wallets, and other projects...
The American billionaire Mark Cuban is excited about Ethereum’s shift from a proof of work model to proof of stake for two key reasons. He believes the so-called Merge will significantly cut the protocol’s energy consumption, and it could turn Ether into a deflationary asset. ‘I’m...