Binance boss Richard Teng says re-entering US market a ‘premature discussion’
The US will soon have a largely crypto-friendly White House, but Binance’s Richard Teng says it may be too soon to start talks about re-entering the market.
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Huobi Tech to launch crypto tracking ETF in Hong Kong for retail traders
Although Huobi Tech shares a common name with the popular crypto exchange platform Huobi Global, it has no relation with the crypto firm and works independently. 160 Total views 2 Total shares Huobi Tech, a public listed fund manager in Hong Kong, plans to launch a cryptocurrency tracking exchange-traded fund (ETF) for retail investors.The Hong…

Ethereum developers decided on eight proposals for the Shanghai update
Among the main features of the Shanghai hard fork is Beacon Chain staked Ether (ETH) will be unlocked. 626 Total views 3 Total shares Developers at the Ethereum foundation decided on eight Ethereum Improvement Proposals (EIP) to explore for the Shanghai update, the next major upgrade after the Merge and its move to proof-of-stake consensus, announced the…

DeFi aggregator growth ‘set to dwarf 2020’s volume’
DeFi users are increasingly turning to aggregators to get the most cost effective trades. 703 Total views 8 Total shares Decentralized finance aggregators are growing in popularity in 2021 as the embryonic industry continues to expand.Delphi Digital analyst Ashwath Balakrishnan has observed that year-to-date growth for DeFi aggregators puts the sector on track to dwarf…

How do you assess the value of an NFT?
Understanding the valuation matrixThere is no rule book on how to assess an NFT valuation. The metrics you use for evaluating private companies or conventional investment vehicles such as shares are simply not applicable to NFTs. Usually, the payment rolled out by the last buyer gives some indication of the value. For NFTs, however, it…

Imprisoned Silk Road founder causes a stir with NFT drop
Those who support him hope he raises enough money to fulfill his personal and charitable needs, while others don’t think he should be selling NFTs at all. 962 Total views 16 Total shares Ross Ulbricht, founder of defunct dark web marketplace Silk Road, has created a stir by announcing he will auction off his series…

Northern Trust Hands Off Blockchain Solution to Fintech Firm
Northern Trust has handed over its blockchain platform to fintech firm Broadridge Financial Solutions, according to a press release on June 26.The Chicago-based asset management firm Northern Trust has handed over its blockchain-based private equity (PE) management solution to Broadridge for further improvement.The platform purports to streamline and automate certain tasks, such as middle office…

Bitcoin Price Avoids $8.2K to Mirror Stock-to-Flow Creator’s Forecast
Bitcoin (BTC) may have shed 11% in a week, but it is actually performing exactly like one of the industry’s most famous analysts predicted.In a tweet on Mar. 1, PlanB, creator of the well-known stock-to-flow Bitcoin price forecasting model, said that at around $8,500, BTC/USD was wholly on schedule.PlanB: “So far so good” for BTC…

Mark Zuckerberg calls for open-source AI as Meta releases Llama 3.1
Meta is “taking the next steps toward open-source AI becoming the industry standard,” according to CEO Mark Zuckerberg.