Near-Based Defi Protocol Bastion to Launch $BSTN Token at a $180M Valuation

Bastion’s rapid growth comes as the core pieces of DeFi infrastructure are being built out on Near. Near, which boasts fewer projects than competing layer 1s such as Ethereum, Avalanche, Solana or Luna, has yet to see a DeFi project hit the $1 billion TVL milestone. Source link

Australia’s first Bitcoin ETF could attract $1 billion after launch next week

Financial regulators have greenlit Australia’s first Bitcoin ETF to begin trading on April 27 and the Australian Financial Review reports it could see up to $1 billion in inflows. An ETF is a regulated exchange traded fund that allows investors to benefit from the price of Bitcoin (BTC) without needing to own any coins themselves […]

Owner of Brazil’s Largest Crypto Exchange Plans to Launch Quantitative Trading Service

2TM, the holding company for Mercado Bitcoin, Brazil’s largest crypto exchange by market valuation, plans to launch a crypto asset manager focused on quantitative trading, the company confirmed to Brazilian financial media outlet InfoMoney on Thursday. Source link

Terra’s Anchor Protocol to Launch on Polkadot DeFi Hub Acala

All told, backers of both Acala and Terra expect the tie-up to grow the decentralized stablecoin market – a segment of the crypto economy that has swelled to over $25 billion. The total stablecoin market (dominated by dollar-backed USDT and USDC) has surpassed $180 billion in market capitalization. Source link

Indicators flash bullish on COTI ahead of its mainnet and Djed stablecoin launch

Development never stops in the fast-paced and competitive crypto sector and COTI is one project that is flashing some bullish signs.  VORTECS™ charts from Cointelegraph Markets Pro show that COTI, an enterprise-grade financial technology platform focused decentralized payments and digitization for any form of currency, could be on the verge of a breakout. The indicator began to […]

Tether’s USDT Stablecoin Enters Polkadot Ecosystem With Kusama Launch

Tether’s USDT is also live on Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, Tron, and Bitcoin Cash’s Standard Ledger Protocol. Polkadot will join that list soon after Kusama (the Polkadot parachain auctions followed Kusama by a few months.) Source link

Ethereum Launch “Shadow Fork” Ahead Of Merge

The Ethereum Foundation continues to edge closer to the transition to the proof-of-stake (PoS) model. On Monday, Ethereum’s first mainnet Shadow Fork went live. The purpose behind this is to primarily conduct a stress test on the existing assumptions about the testnets, and mainnets to understand how seamless the shift to a PoS consensus will […]

Brazilian central bank president confirms CBDC pilot will launch in 2022

The president of the Central Bank of Brazil confirmed that the country’s sovereign digital currency pilot will go live this year, Cointelegraph Brazil reported. The confirmation about the central bank’s digital currency came during an event on Monday, where Roberto Campos Neto, the president of the Central Bank of Brazil, noted that a pilot CBDC […]

IDEG Asset Management Partners With Coinbase Prime to Launch Actively Managed ETH Fund

“The Ethereum Enhanced Portfolio is our first of such products, providing qualifying investors an opportunity to capitalize on Ethereum, the most renowned smart-contract platform, while enhancing risk-adjusted returns compared to holding Ethereum,” said Emma Hu, product partner of IDEG, in a statement. Source link