The Series B funding round was secured approximately five months after the company downsized its workforce by 15% due to the challenges posed by the extended bear market in the crypto industry.
Currently, contracts for micro-sized BTC and ETH futures expire three times a week. However, CME has announced that it will increase the frequency of their daily expirations.
In leveraged perpetual futures markets, liquidations occur when bullish long and bearish short positions are forcibly closed. Such actions tend to amplify price movements, contributing to higher volatility.
The lawsuit alleges that Gryphon mistakenly transferred $500,000 worth of its partner company's bitcoin to a hacker posing as the CFO of Sphere 3D
The current value of the company's bitcoin holdings is approximately $4 billion, with a total of 140,000 bitcoins held.
Crypto Twitter personality @cobie sent out an encrypted message that reportedly read: Interpol Red Notice for CZ, referring to Binance's CEO. Although it was just a rumor, the message caused market jitters after someone managed to decipher it.
Bukele says that El Salvador can be like other developing countries even though past laws made it illegal for presidents to run again.
The new leader of the Conservative Party of Canada has been a supporter of crypto tokens, smart contracts, and decentralized finance in the past.
Polkadot, the brainchild of Ethereum Co-founder Gavin Wood, is now one of the world's leading blockchains. It is unusual in that it supports several linked chains using a Proof-of-Stake consensus process. Indeed, one could argue that the project's linked character has helped it gain a substantial number of users over the previous few years.
Shiba Inu [SHIB] price action delivers a major price move every once in a while. It has been relatively dormant until the end of August. But there was a notable increase in price activity in the first week of September.