How do crypto derivatives work?

Ethereum co-founder Vitalik Buterin suggested that stablecoins could serve as instant cross-blockchain bridges. 1530 Total views 108 Total shares Ethereum co-founder Vitalik Buterin thinks that the stablecoin industry is missing a valuable opportunity to improve interoperability between different blockchains. In a lengthy Twitter thread on May 20, Buterin suggested that stablecoins could enable users to move…

The CEO of cryptocurrency exchange Binance has dispelled fears a bad actor had attacked its newly-launched Bitcoin futures platform.Technical error crashed Bitcoin priceIn a series of tweets on Sept. 16, Changpeng Zhao, also known as CZ, initially warned that the exchange’s futures were under attack from one of its own market makers. The perpetrator allegedly crashed the…

Although Aave was launched in the beginning of 2020, it has experienced significant growth in total deposits and daily deposits since the summer of 2020. Overall, Aave has totalled over $45 billion in deposits, with 2021 seeing the protocol average $231 million in deposits per day. More than 46,000 unique Ethereum users have become lenders…

The market for nonfungible tokens, or NFTs, continues to grow, attracting mainstream influencers, leading artists and high-profile investors. 348 Total views 4 Total shares NFT company Recur has seen its valuation swell to $333 million after concluding a successful investment round endorsed by billionaire Steve Cohen’s family office. The Series A raised $50 million, mainly through…

Some of the CARV accelerator’s top partners already include Arweave, Litentry and Alibaba Cloud.

Timothy Lane says the central bank is developing a CBDC at "a good pace.” 2228 Total views 17 Total shares According to an Oct. 15 report from The Canadian Press, the Bank of Canada, or BoC, deputy governor Timothy Lane said central banks should have their own digital currency ready should regulators block Facebook’s Libra…

A combination of escalating interest rates and a tight regulatory environment in the United States has driven a $417 million outflow from the crypto industry in the past eight weeks, with halts in trading for many altcoins draining liquidity and prolonging the ongoing crypto winter.This environment is forcing crypto companies to rethink and adapt their…