Animoca Brands, a Hong Kong-based game software company, has successfully raised $75 million in a Series B funding round to fund strategic acquisitions and advance its Metaverse vision. The current…
Crypto trading app OKX has received a provisional virtual assets license from the Dubai Virtual Assets Regulatory Authority (VARA). According to the announcement, the license will enable the company to…
Analytical data reveals that DeFi’s total value locked registered a minor dip from the past week, falling to a value of $56.45 billion. Welcome to Finance Redefined, your weekly dose…
A key ETH price indicator suggests the altcoin’s downtrend could extend to $400, but analysts are unsure whether the upcoming Ethereum Merge will be a bullish or bearish event. There’s…
Many respondents from major banks said the technology would likely be unimportant for liquidity management practices until 2027. A survey conducted by the Federal Reserve Board of the United States…
Robinhood listing brought UNI some of its recent gains but it doesn’t guarantee an extended bull run. The latest Uniswap (UNI) chart pattern suggests that investors should be prepared for…
Circle has provided full disclosure of the reserves backing the USDC stablecoin. This is the first time that the stablecoin issuer is providing this disclosure. The move seeks to boost…
The Terra algorithmic stablecoin TerraUSD (UST) collapsed in May, causing billions of dollars worth of losses for investors. The collapse lowered investor confidence in algorithmic stablecoins, but the CEO of…
Ethereum has finalized one of the last testing stages for the Merge. The ninth shadow fork was launched on the network 15 hours ahead of schedule. The Ethereum Merge is…
CoinShares, a leading investment firm based in Europe, has launched a new physically backed exchange-traded product (ETP). The Algorand ETP will join other staked ETP products such as Cardano, Solana,…
Red Hare, one of the leading non-fungible token (NFT) analytic firms, has successfully partnered with Hong Kong-based BOA Financial Group (BOAFG) to explore business opportunities in the NFT space. In…
Liquidators don’t know the whereabouts of Kyle Davies and Su Zhu. Meanwhile, Grayscale’s legal officer says the asset manager’s lawsuit against the SEC could take a while to play out.…
The U.S. Senate has already confirmed the nomination of Allison Lee’s replacement, Jaime Lizárraga, to work at the SEC for a term ending in 2027. Allison Herren Lee, one of…
Crypto prices have dropped to multiyear lows, raising the question of which assets from which subsectors are ready for accumulation. It’s weird to think that anyone could look forward to…
U.S. legislators suspect cryptomining is “problematic” for energy use and emissions, while Paraguay is ready to give the crypto industry, including miners, incentives. Democratic legislators from both houses of the…
