News

Most Influential 2021: Vote Now

Influence in crypto was once relegated to a niche financial industry, now it might mean something for the world.

Business  ·  1 November 2021

GSR Turns Up DeFi Activity in Strategic Shift

“We just see DeFi overtaking centralized exchanges as a preferred liquidity venue,” Dwyer said.

Business  ·  1 November 2021

DeFi Startup Notional Expands Fixed-Rate Lending Presence With V2 Upgrade

The lending protocol’s second iteration brings an improved focus on security and liquidity.

Business  ·  1 November 2021

NFT Platform OneOf Signs 3-Year Deal With Grammys

The Grammy Awards has signed a three year partnership deal with OneOf, a non-fungible token (NFT) platform based on Tezos.

Business  ·  1 November 2021

Crypto News Roundup for Nov. 1, 2021

With crypto markets trading sideways near all-time-highs and a look at how we may already be living in a post-scarcity world, CoinDesk’s Markets Daily is back with the latest news roundup.

Others  ·  1 November 2021

Atlas Technology in Deal With Core Scientific to Expand US Mining Operations

The miner continues to bring more mining power into the U.S.

Business  ·  1 November 2021

Meme Tokens Led ‘Uptober’ as SHIB Mooned 765%

October saw impressive gains for "dog tokens" like shiba inu coin (SHIB) as well as dogecoin (DOGE), but pack-leader bitcoin (BTC) had its best month this year.

Markets  ·  1 November 2021

Paying Off Student Loans? You Can Do It With Crypto

With federal student loan repayments expected to start up again in early 2022, here's how you can keep on top of them using crypto.

Others  ·  1 November 2021

Building an Altcoin Future With Permissionless Perpetuals

Stablecoins have a hegemonic hold over the crypto derivatives space. Most of the perpetual contracts across the CEX.IO cryptocurrency exchange [Ed note: taking CEX to mean the exchange] are priced in stablecoins, and all contracts on the FTX exchange are USD margined. Likewise, all perpetuals on decentralized finance (DeFi) derivative protocols like Perpetual Protocol and DYDX are USD linear contracts. This is the stablecoin standard in the derivatives market.

Others  ·  1 November 2021

Avalanche Developers and Investors Form $200M ‘Blizzard’ Investment Fund

The early-stage investment firm and incubator will be operated by former Ava Labs and Avalanche Foundation staff.

Tech  ·  1 November 2021

Huobi Launches Its NFT Marketplace Trial

Huobi said the launch of the Huobi NFT marketplace is a “key milestone” in the expansion of its plans for the metaverse.

Business  ·  1 November 2021

Sfermion Raises $100M NFT Fund as Facebook Stokes Metaverse Mania

The NFT investment firm is led by podcaster Andrew Steinwold. The new fund includes commitments from Marc Andreessen and the Winklevoss twins.

Business  ·  1 November 2021

Digital Currency Group Achieves $10B Valuation in $700M Secondary Sale

Digital Currency Group, crypto venture capital company and CoinDesk parent firm, has raised $700 million in an investment round led by SoftBank.

Business  ·  1 November 2021

Binance Temporarily Disables All Crypto Withdrawals, Cites Backlog

Cryptocurrency exchange Binance has temporarily disabled all crypto withdrawals on its platforms due to a large backlog.

Business  ·  1 November 2021