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Africa-Focused DeFi Platform Mara Releases Ethereum-Compatible Testnet
Africa-Focused DeFi Platform Mara Releases Ethereum-Compatible Testnet

Developers in Nigeria and across Africa can build and test their decentralized applications on the Optimism forked Mara Chain.

Coindesk·2023/07/21 11:35
Crypto Distress Prompts Fir Tree, a Hedge Fund, to Seek Profit From Turmoil
Crypto Distress Prompts Fir Tree, a Hedge Fund, to Seek Profit From Turmoil

“Fir Tree is at its best when we identify opportunities that are mispriced, dislocated or complex. Rarely do we encounter situations that are all three, but that is precisely what we are seeing in digital assets right now,” Fir Tree said.

Coindesk·2023/07/14 17:11
Circle Cuts Workforce, Ends Certain 'Non-Core' Activities; Will Continue Hiring Globally
Circle Cuts Workforce, Ends Certain 'Non-Core' Activities; Will Continue Hiring Globally

While some departments were subject to layoffs, the stablecoin issuer will continue to hire in other areas.

Coindesk·2023/07/12 18:01
Tim Draper-Backed Fund Joins $5M Series A for LunarCrush
Tim Draper-Backed Fund Joins $5M Series A for LunarCrush

The social media analytics platform is expanding from a digital asset trading focus to allow users to search for any topic.

Coindesk·2023/07/12 12:01
BlackRock’s Bitcoin ETF Application Takes Surveillance to the Next Level
BlackRock’s Bitcoin ETF Application Takes Surveillance to the Next Level

An Information-Sharing Agreement, which appears to be absent from public spot Bitcoin ETF filings, compels a crypto exchange to share trading data up to and including personal information such as a customer’s name and address.

Coindesk·2023/07/11 16:11
Index Coop Aims to Improve Limitations of Protocol, On-Chain Structured Products
Index Coop Aims to Improve Limitations of Protocol, On-Chain Structured Products

The infrastructure limitations of this sector include a lack of cross-chain asset support, expense in maintaining products due to high issuance costs and difficulty rebalancing on-chain products due to slippage.

Coindesk·2023/07/11 13:36
Distressed Crypto Specialist Thomas Braziel Sets Up Investment, Advisory Firm
Distressed Crypto Specialist Thomas Braziel Sets Up Investment, Advisory Firm

The company, 117 Partners, will be a hybrid between advisory and investment, said Braziel.

Coindesk·2023/07/10 10:10
Three Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi
Three Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi

A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims.

coindesk·2023/07/07 17:48
Ex-Genesis CEO Michael Moro to Head Crypto Derivatives Exchange Startup
Ex-Genesis CEO Michael Moro to Head Crypto Derivatives Exchange Startup

Ankex, a non-custodial exchange with a centralized order book, is being spun out of crypto custody firm Qredo, which Moro joined in January.

Coindesk·2023/07/05 15:16
Ethereum-Based Yield Powerhouse Pendle Finance Expands to BNB Chain
Ethereum-Based Yield Powerhouse Pendle Finance Expands to BNB Chain

Pendle offers users yields in the form of tradable digital tokens, with some strategies offering as much as 82% annualized yields on ether (ETH) and ether derivative tokens.

Coindesk·2023/07/05 12:39
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