Protocol Village: Lita Releases ‘Valida ZkEVM,’ Claims Speed, Efficiency Advantages
The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 16-22.
Financial
Financial
Crypto and DeFi Wallet Firm Fordefi Gets Cover from Insurance Giant Munich Re
Insurance broker Lockton’s Emerging Asset Protection (LEAP) team helped organize the Munich Re deal.
Financial
First Mover Americas: Bitcoin Tops $66K as Interest-Rate Cuts Loom
The latest price moves in crypto markets in context for May 16, 2024.
Financial
India’s Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters
The Securities and Exchange Board of India’s position was made to a government panel that could submit its report to the Finance Ministry by June, the report said.
Financial
Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here’s Why
“Ether is a ‘lightning rod’ for negative sentiment from crypto native and external players and has several weak spots,” one observer said.
Financial
Bitcoin Traders Expect Prices to Hit $74K Highs as Selling Pressure Eases
One trading desk has seen an uptick in call buying activity with targets of as high as $120,000 for December 2024.
Financial
Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict
Pertsev was found guilty of money laundering on Tuesday by a Dutch judge.
Financial
SHIB to Get More Scarce as Key Exchange Expands to Shibarium
Increased transactions on the Shibarium blockchain will lead to a higher burn rate for the SHIB token, reducing its circulating supply.
Financial
CME Looks to Take on Binance and Coinbase, Could Launch Spot Bitcoin Trading: Report
The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.
Financial
Coinbase to Target Australia’s Self-Managed Pension Funds: Bloomberg
“We are working on an offering to service those clients really well on a one-off basis — to have them trade with us and stay with us,” a Coinbase official said.