Category: Cryptocurrency News

ETHDenver conference attendees will get an exclusive presentation about the TreeTrunk marketplace introducing a new token standard.

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Snoop Dogg revealed that he plans to make Death Row “an NFT label,” though details on how that would translate to album sales remained unclear. But he added that the new Death Row will also be doing something no other record label has ever done with their signed artists before: they’ll be introduced to the…
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Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing. Bitcoin Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent market sentiment. Following a high of $44,309.03 on […]

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Hey All, Following on from my previous posts about what I'm working on, here's another update. Really pushing the boundaries now! Would recommend watching the twitch stream I did earlier at ttps://www.twitch.tv/videos/1300794518 for a full run down but here's a TLDR I have multiple DAPPS on a Cassie instance that can now interact with each…
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The Indian government’s recent announcement of a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility.

Start building your roster of rookies, vets, and rising drivers and be a part of an exciting game universe thanks to AnteFame, a race-to-earn (a play on “play-to-earn”) club with two main components: a motorsport fantasy league and a sim-racing league; and also get a chance to participate in an exciting and grand competition to […]

DIA, the open source data platform for decentralised finance and the UK FCA-regulated crypto index provider CF Benchmarks announced today that they will make CF Benchmarks’ crypto index reference prices available via the DIA oracle suite. With a total settlement volume of more than $500bn since its inception in 2017, UK-based CF Benchmarks Ltd is the world’s leading crypto index provider. Acquired in 2019 by the global digital asset exchange Kraken, CF Benchmarks provides reference rates that are tracked by ETFs and ETPs listed on exchanges around the globe, including Canada, Brazil, Switzerland and Germany. CF Benchmarks is best known for its CME CF Bitcoin Reference Rate, a price benchmark used by the CME Group to settle Bitcoin futures and options. Access to Compliant ETH and SOL prices In this new move, DIA will include CF Benchmarks’ reference prices as feeds in its data offering. As a start, reference prices for native tokens of the Layer 1 blockchains Ethereum and Solana will be provided as oracles. Oracles are smart-contract-readable data streams that enable applications running on the blockchain to ingest and read data from outside their own ecosystems. ETH and SOL reference prices will be provided to both Ethereum-native and Solana-native developers. The availability of institutional-grade reference prices from a benchmark regulation compliant and Big 4 audited provider will enable secure development of new financial products and services underpinned by resilient and robust methodologies. Bridging Traditional and Digital Asset Markets Notwithstanding its nascency and volatility relative to more developed traditional asset markets, the digital asset ecosystem has shown staggering growth and attracted significant interest from retail and institutional investors alike. With an estimated market capitalisation of $2 trillion, the digital asset market falls far behind its legacy counterpart. Products like the reference prices provided by CF Benchmarks are a crucial building block for enabling safe institutional access and fostering regulated rails to this new asset class. “The emergence of decentralised finance poses a challenge and opportunity for investors and regulators alike”, said Michael Weber, DIA’s Founder. “Teams like CF Benchmarks are at the forefront of creating a safe and secure environment for investors to allocate their capital. This is crucial for the development and the maturing of the ecosystem and we are excited to be a part of that journey.” “CF Benchmarks is continually looking for ways to improve the availability of robust, reliable cryptocurrency pricing data, for users of digital asset ecosystems, as well as institutional and individual investors”, said CF Benchmarks CEO Sui Chung. “That is why we are proud to partner with DIA, one of the most comprehensive and fastest-growing oracle platforms, with a user base deeply embedded in the blockchain development community. We are confident that this partnership will be a significant step towards enabling the high-integrity pricing that will be critical for mass adoption of DeFi, Web3 and beyond.” About DIA DIA (Decentralised Information Asset) is a cross-chain, end-to-end, open-source data and oracle platform for Web3. The DIA platform enables the sourcing, validation and sharing of transparent and verified data feeds for traditional and digital financial applications. DIA’s institutional grade data feeds cover asset prices, metaverse data, lending rates and more. DIA’s data is sourced from a broad array of on-chain and off-chain sources and can be fully customised with regards to the mix of sources and methodologies. DIA’s oracles are available to developers on all relevant layer 1 and layer 2 networks including Ethereum, Solana, Polkadot, Binance Smart Chain, Polygon, xDaiChain, Avalanche, and many more. About CF Benchmarks CF Benchmarks is the leading provider of cryptocurrency benchmark indices, authorised and regulated by the UK FCA under the UK Benchmarks Regulation. Its benchmark indices are provided through public methodologies and transparent governance; for tracking, valuing and settling risk in cryptocurrency financial services and products. CF Benchmarks’ indices have been used to settle over $500bn of cryptocurrency derivative contracts, including those listed for trading by CME Group and Kraken Futures, as well as serving as the reference index for ETFs and ETPs listed in Canada, Germany, Switzerland, France, and Brazil. CF Benchmarks is a wholly-owned subsidiary of Kraken.

Experienced crypto traders who’re willing to share their insights with others in return for rewards might want to take a quick look at NAGAX now that the platform has opened for pre-registration. NAGAX is a new platform that’s aiming to bring the concept of “social trading” into the crypto trading space. In many ways it’s like any other cryptocurrency exchange, with more than 700 different cryptocurrency trading pairs to choose from. But it goes beyond what many traditional crypto exchanges like Binance offer, as it also provides the ability to trade other assets such as stocks, FOREX and derivatives. The biggest difference though is its social trading capability. Social trading is an established feature on many stock trading platforms, allowing users to copy the trades of more experienced platform users to share in their profits. NAGAX enables the same thing for crypto trading. With its Autocopy feature, users can mirror the trades of other traders for a fee of just $1 per trade, with a portion of that fee going back to the original trader. NAGAX also incorporates some facets from Facebook, with a kind of social news feed that will serve as a place for traders to share and discuss news, publish their own content and learn from each other. Obviously, if NAGAX is going to popularize the idea of social trading in crypto it will need more than a few decent traders to start using its platform. That explains why it’s offering some tempting incentives for those who sign up fast. It’s offering three prizes of $USDT5,000, $USDT3,000 and $USDT2,000 respectively for three lucky registrants who sign up and also promote the platform’s launch on Telegram or some other social media channel. It’s also offering five $USDT1,000 prizes, with the winners chosen at random from the first 10,000 people who pre-register to use the platform and also follow NAGAX on both Twitter and Telegram. Lastly, there will be a somewhat less tempting prize of $10 in BTC awarded to the first 2,000 registered users, with no strings attached. In all three promotions, the prizes will be credited to user’s NAGAX accounts once the platform is up and running on March 7. Once NAGAX is up and running, the company promises its site will have plenty of educational content for new traders (besides the ability to just copy trade). In future, NAGAX says it will evolve to become a more comprehensive web3 platform, with NFT content and trading, spot and futures markets, staking and more.   Image source: NAGAX