Search Results for: detailed summary

Arbitrum-Based Vest Exchange Emerges, Aims to Democratize Perpetual FuturesĀ 

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A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new…

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ā€˜Adverse Developmentsā€™ and ā€˜Long-Lasting Slowdownā€™

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On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 growth forecasts have been cut across the board, with…

The Crypto 6 Case Heads to Trial With Only 1 Defendant Left, Prosecutorā€™s So-Called ā€˜Expertā€™ Excluded

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On Dec. 6, 2022, the ā€œCrypto Sixā€ case will be heading to trial, and out of all six defendants, only Ian Freeman, co-host of the radio broadcast Free Talk Live, has not accepted a plea bargain. According to the most recent…

Onchain Analysis Verifies the Number of BTC Held by Grayscaleā€™s Bitcoin Trust

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After Grayscale Investments shared information concerning the company’s product holdings, people questioned why the firm wouldn’t share the public addresses associated with the crypto assets it holds. However, on Nov. 23, OXT researcher Ergo published a Twitter thread featuring onchain forensics…

Bitcoin Coreā€™s Version 24.0 Full-RBF Proposal Sparks Controversy, Synonym CEO Calls ā€˜Pet Agendaā€™ an ā€˜Attackā€™

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During the last few weeks, a number of individuals have been discussing the upcoming release of Bitcoin Core version 24.0 and how the codebase will include full-replace-by-fee (RBF) logic. The discussion has become controversial as a few Lightning Network and zero…

Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product

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On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a…

Streaming Service Sling TV Adds Crypto Payment Support for Monthly Subscriptions

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The American streaming television service Sling TV has announced the company is now accepting cryptocurrency payments from customers paying their monthly subscriptions. Sling TV detailed the company is leveraging the crypto payment provider Bitpay and will accept seven different cryptocurrencies and…

Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan

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SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund launched by the Japanese company includes bitcoin, ethereum, xrp, litecoin, bitcoin…