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Weekly News

Polygon partners with ocean conservation NGO to advance ocean literacy

  • Post author:admin
  • Post published:October 7, 2022
  • Post category:Weekly overview

Participants can explore the RV Odyssey — one of the most advanced ocean research vessels around the globe — via the Metaverse. Decentralized Ethereum scaling platform, Polygon, has announced a…

Continue ReadingPolygon partners with ocean conservation NGO to advance ocean literacy

Grayscale announces new arm to invest in Bitcoin mining hardware

  • Post author:admin
  • Post published:October 7, 2022
  • Post category:Weekly overview

Grayscale plans to buy mining equipment at discounted prices and offer co-investment opportunities to accredited investors. Grayscale Investments announced on Oct. 6 the formation of Grayscale Digital Infrastructure Opportunities LLC ("GDIO"),…

Continue ReadingGrayscale announces new arm to invest in Bitcoin mining hardware

South Korean judge dismisses warrant for individual involved in Terra collapse: Report

  • Post author:admin
  • Post published:October 7, 2022
  • Post category:Weekly overview

In his decision to dismiss the warrant, the judge reportedly considered that Yoo Mo had a residence and family ties in South Korea and was already barred from leaving the…

Continue ReadingSouth Korean judge dismisses warrant for individual involved in Terra collapse: Report

Stablecoins shed $38B since May as yields plunge, projects collapse

  • Post author:admin
  • Post published:October 7, 2022
  • Post category:Weekly overview

An estimated $148.7 billion worth of stablecoins are still in circulation. According to the latest data from DefiLlama, the overall circulation of stablecoins has decreased by approximately $38 billion since…

Continue ReadingStablecoins shed $38B since May as yields plunge, projects collapse

Canadian central bank identifies retail CBDC archetypes in theory-heavy analysis

  • Post author:admin
  • Post published:October 7, 2022
  • Post category:Weekly overview

An analyst at the Bank of Canada has written a paper that identifies recurring patterns in CBDC models and how those patterns impact a list of performance criteria. Five patterns…

Continue ReadingCanadian central bank identifies retail CBDC archetypes in theory-heavy analysis

Security and interoperability, the challenges ahead of Web3 mass adoption

  • Post author:admin
  • Post published:October 7, 2022
  • Post category:Weekly overview

Analysts forecast a market size of $81.5 billion for Web3 by 2030, but the growth comes with obstacles along the way. By 2030, Web3 is expected to reach a market…

Continue ReadingSecurity and interoperability, the challenges ahead of Web3 mass adoption

Ethereum open interest hits $7.7B, raising the chance of a short squeeze above $1.5K

  • Post author:admin
  • Post published:October 7, 2022
  • Post category:Weekly overview

The Ether futures premium remains negative, while options markets are pricing similar risks for bulls and bears. Traders’ sentiment about Ether (ETH) has noticeably improved as the price rallied 7.5%…

Continue ReadingEthereum open interest hits $7.7B, raising the chance of a short squeeze above $1.5K
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