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Month: June 2023

The European Union Secures Political Deal on New Bank-Capital Legislation, Including Cryptoassets Regulations

July 9, 2023June 27, 2023 by Arnold Potts

The European Union (EU) has recently reached a political deal on new bank-capital legislation, which includes regulations for crypto assets. The deal, which had been proposed by the European Commission in 2021, introduces controversial changes on how banks evaluate risks for corporate …

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Tezos Blockchain Upgraded with Nairobi, Boosting Transaction Speeds Up to Eight Times Faster

July 9, 2023June 27, 2023 by Arnold Potts

The Tezos blockchain recently upgraded to its fourteenth version, known as “Nairobi,” which offers multiple enhancements, including faster transaction speeds of up to eight times faster than before. The upgrade came after Tezos upgraded to version 13, “Mumbai,” in March, which enabled …

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Web3 Gaming Studio Pixion Games Raises $5.5 Million in Seed Funding to Build On-Chain Fableborne Game

July 9, 2023June 27, 2023 by Arnold Potts

Web3 gaming studio Pixion Games has just announced it has raised $5.5 million in seed funding. The funds are intended to be put toward the development of Fableborne, the studio’s flagship game. The round saw the participation of several notable investors including …

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Altcoin Surge: Blur and Arbitrum Lead the Way as Traders Anticipate Bull Run

July 9, 2023June 27, 2023 by Arnold Potts

SYKY Launches Year-Long Incubator Program to Grow Emerging Digital Designers in the Fashion Industry

July 9, 2023June 27, 2023 by Arnold Potts

Digital fashion platform SYKY has launched a year-long incubator program called The SYKY Collective to help emerging digital designers grow their brands. The program’s inaugural class includes 10 designers who will work together to develop their individual brands and pave the way …

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Crypto Investment Firm Develops Platform to Ease Access to Bankruptcy Markets for Small Creditors

July 9, 2023June 27, 2023 by Arnold Potts

Boutique investment firm Arceau has innovated a platform to automate the process of verifying cryptocurrency bankruptcy claims in companies such as Celsius or FTX, thereby enabling it to buy out smaller creditors who found it hard to access traditional bankruptcy markets. In …

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Robinhood sheds jobs for third time since April 2022, WSJ reports

July 9, 2023June 27, 2023 by Arnold Potts

Whale Drives Ether-Bitcoin Volatility Spread Lower Ahead of Options Expiry

July 9, 2023June 27, 2023 by Arnold Potts

Deribit, a major crypto derivatives exchange, is set to experience a significant market shift this Friday, when $2.3 billion worth of options contracts tied to Ether (ETH) expire. The market is currently witnessing a low spread between Deribit’s forward-looking 30-day implied volatility …

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Lisbon: A Buzzy, Affordable Mecca for Buy-and-Hold Crypto Nomads

July 9, 2023June 27, 2023 by Arnold Potts

Bitcoin Cash Open Interest Surges to Over $400 Million, Pointing to Renewed Interest in the Offshoot Network

July 9, 2023June 27, 2023 by Arnold Potts
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