Everything web3, crypto, defi, degen
In brief CoinDCX CEO Sumit Gupta denied reports that Coinbase is in talks to acquire the exchange, calling the claims “rumors.” The news comes after CoinDCX was hacked for $44.2 million hack on July 18, prompting the exchange to launch a bounty program. Coinbase, already FIU-registered in India, is eyeing deeper expansion as it allegedly…
In brief Z.ai’s GLM-4.5 and Air models leapfrog Western AIs, hitting No. 3 globally in industry tests. The startup, blacklisted by Washington, raised $1.5B as Chinese state funds pile in. New models are open-source, super-efficient, and cost a fifth of Western rivals to use. Beijing-based Z.ai, recently added to the U.S. Entity List and backed…
Software firm turned Bitcoin treasury company Strategy has been buying Bitcoin for more than five years, pioneering the growing trend of publicly traded firms that are adding cryptocurrencies to their balance sheets.What started as a way to “maximize long-term value for shareholders” has transformed into an industry-shifting paradigm that has been further fueled by greater…
In brief Jeff Garzik, an early Bitcoin developer, said he has a “super long-term view” of Ethereum and is bullish on it. Ethereum will continue to exist as a major project in the Web3 world, largely due to the usefulness and ubiquity of the Ethereum Virtual Machine, he said. ETH’s price soared past $3,800 this…
In brief A content creator has trapped scammers for approximately 4,000 hours in an infinite maze pretending to be a way to redeem Bitcoin from their victims. Scammers find themselves attempting to solve tedious CAPTCHAs, being constantly misunderstood by automated calls, and left on hold for hours at a time. The content creator said that…
In brief Publicly traded Bitcoin mining firm Bit Origin is building a Dogecoin (DOGE) treasury. The firm announced plans to raise up to $500 million to buy DOGE. Shares of BTOG popped rose by 90% on the day. Publicly traded firm Bit Origin, which is focused on Bitcoin mining infrastructure and investments, is raising $500…
It’s here! Take profit/stop loss (TP/SL) orders are now available for spot and margin trading on Kraken Pro. This super convenient feature lets you set both profit targets and risk management levels simultaneously when placing new orders. Streamline that order management When placing a new spot or margin order, you can now preset both your…
September 19, 2023 | Derivatives We’re always looking for ways to improve your trading experience. That’s why we introduced Super-Volume Rebate Tiers, offering maker rebates for high-volume futures traders. Introducing Super-Volume Rebate Tiers We are pleased to announce all futures contracts will be eligible for rebates for clients with $250M+ 30-day trading volume. Please review…
Since the crypto market took off in 2021, many non-fungible tokens (NFTs) are now changing hands for dizzying sums of money. To date, the ten most expensive NFTs sold at auction have fetched between $7 million and $91.8 million. That’s higher than the average price of Claude Monet’s artwork ($80.5 million) and many other pieces…
Guy Hirsch is Kraken’s new Managing Director for North America and he joined the Kraken team this month after building crypto businesses at Samsung and eToro. He’s an experienced operator in the crypto space and has some forward-looking ideas about the future of the industry. Hirsch will oversee Kraken’s businesses across North America and will…
