During this episode of The Scoop, we dive deep into the Solana and Serum eco-systems. Sam Bankman-Fried explains why FTX decided to launch a decentralized exchange on Solana versus Ethereum, which supports the vast majority of non-custodial protocols.  The post FTX’s Sam Bankman-Fried breaks down the Solana…
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In an interview hosted by CNBC, eBay CEO Jamie Lannone disclosed that the e-commerce platform is exploring how it could viably integrate crypto payments and NFTs (non-fungible tokens)."We are always looking at the most relevant forms of payment and will continue to assess that going forward. We…
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$252 million — that's how much revenue the decentralized finance (DeFi) ecosystem's top protocols generated during the month of April, according to The Block's Data Dashboard. The post Top DeFi protocols generated $252 million in revenue for token holders and users in April appeared first on The…
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Ethereum (ETH/USD) came off early in the Asian session as the pair depreciated to the 3251.47 level after trading as high as the 3343 area during the North American session, with the interday high representing a fresh lifetime high after the psychologically-important 3000 figure was eclipsed for…
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Yellen is set to name another Fed leader to run the national banking regulator who would lead it on an acting basis. The post Federal Reserve official set to lead U.S. banking regulator: reports appeared first on The Block.
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Launched on Solana in collaboration with Burnt Banksy, Burnt Finance hopes to become a truly revolutionary auction protocol for NFTs and Synthetics.  What Is Burnt Finance?  Burnt Finance is the first completely decentralized auction protocol built on the Solana blockchain. Users can take complete control of the…
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The price of Bitcoin took a slight 3% tumble today after rising into resistance at $58,270 (bearish .618 Fib Retracement). It had reached this resistance on Friday and could not break above it during the weekend. As a result, it has rolled over today and dropped as…
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Crypto derivatives exchange Deribit experienced an unusual trend for the first time on Monday: Its ETH options trading volume surpassed that of bitcoin's. The post Ether options trading volume surpassed that of bitcoin’s for the first time on Deribit appeared first on The Block.
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A US-based business development specialist has alleged that a company that paid them for contract work using crypto now wants them to return the tokens after a considerable rally in the asset’s price. Based on a letter sent to Quentin Fottrell of MarketWatch’s “The Moneyist,” the anonymous…
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Ghana’s Securities and Exchange Commission (SEC) has spoken out against cryptocurrencies, and warned members of the public against participating in crypto-related activities. The Deputy Director General of Ghana’s SEC, Paul Ababio, reiterated that crypto is illegal in the country, and outlined a number of associated risks that…
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