Coinbase could reach $49.2 billion in revenue exiting 2025 under a bullish outlook of mass crypto adoption, rising interest among institutional investors and the sector growing to $6.8 trillion in total size. Under a more conservative crypto market cap estimate of $3.4 trillion, the firm would more than...
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“As an academy, we are always looking for ways to help artists discover new forms of creative expression, while also creating new ways of income generation and ways for fans to interact with the artists that they love,” said Panos Panay, co-president of the Recording Academy. Team Valhalla
The protocol currently offers fixed-rate borrowing of USD coin (USDC) and DAI for up to one year, and wrapped bitcoin (wBTC) and ether (ETH) borrowing for up to six months. It has received three independent audits from ABDK Consulting, Certora and Code Arena, according to a press release. Team...
Today, cadano, BNB and XRP sit behind tether – a stablecoin with massive volume and not a third coin in my sense – waiting their turn for the number three spot. Behind them waits solana (SOL), a third-coin-in-waiting if ever there was one. It is an Ethereum-killer, mildly...
Crypto market maker GSR is going big on decentralized finance (DeFi) after concluding that decentralized exchanges (DEXs) like Uniswap will prevail over the firm’s centralized partners.Head of DeFi Jake Dwyer told CoinDesk his unit is already moving $1 billion daily on Ethereum- and Solana-based DEXs. DeFi trades account...
Squid Game is not the only crypto project “inspired” by the popular Netflix show, but none of them are officially affiliated with the South Korean survival drama. Prices of other tokens associated with the show, including squid game protocol, squidgametoken, squidanomics and international squid games, were also deep...
Example: Jim has to pay a $10,000 student loan debt to a private lender. Assuming that Jim’s foray into the crypto industry has yielded $20,000 worth of ether over the years, he can simply sell $10,000 worth of digital assets and, in one swoop, erase his debt. While...
The Avalanche ecosystem is getting yet another injection of liquidity with the launch of Blizzard, an AVAX-focused venture capital and incubation fund.Blizzard is kicking off with an initial seed investment of $200 million, including participation from the Avalanche Foundation, Ava Labs, Polychain Capital, Three Arrows Capital, Dragonfly Capital...
Qilin Protocol also has an incentive structure that does not inflate the value of the tokens that are offered. Instead of the traditional incentive mechanisms based on a predetermined tokenomic pool with pre-allocated reward tokens, Qilin uses a rebate structure. This is a community-owned, non-inflationary front end with...