FreeCryptoCurrency.Me

Quick take

• Options are foundational infrastructure for any financial system, including DeFi.
• Trading volumes for options on cryptocurrencies like BTC and ETH have grown significantly in the last year, but the majority of this volume is on centralized exchanges. 
• Automated market-making systems have been extremely successful bootstrapping liquidity in swaps and lending, but have not taken off for options so far.

Crypto derivatives exchange Deribit experienced an unusual trend for the first time on Monday: Its ETH options trading volume surpassed that of bitcoin’s.

The post Ether options trading volume surpassed that of bitcoin’s for the first time on Deribit appeared first on The Block.

Yellen is set to name another Fed leader to run the national banking regulator who would lead it on an acting basis.

The post Federal Reserve official set to lead U.S. banking regulator: reports appeared first on The Block.

The collection features 3D pixelated avatars that can be used in virtual worlds, gaming, and virtual reality.

The post CryptoPunks creator Larva Labs launches new NFT project, dubbed ‘Meebits’ appeared first on The Block.

$252 million — that’s how much revenue the decentralized finance (DeFi) ecosystem’s top protocols generated during the month of April, according to The Block’s Data Dashboard.

The post Top DeFi protocols generated $252 million in revenue for token holders and users in April appeared first on The Block.

During this episode of The Scoop, we dive deep into the Solana and Serum eco-systems. Sam Bankman-Fried explains why FTX decided to launch a decentralized exchange on Solana versus Ethereum, which supports the vast majority of non-custodial protocols. 

The post FTX’s Sam Bankman-Fried breaks down the Solana and Serum ecoystems appeared first on The Block.

Turkey added “crypto asset service providers” to companies affected under anti-money laundering and terrorism funding law, according to a presidential decree published in Turkey’s Official Gazette on May 1. 

The post Turkey moves to cover crypto service providers under its money laundering regulations appeared first on The Block.

Digital Currency Group (DCG), the parent company of Grayscale, announced Monday that it plans to buy an additional $500 million worth of Grayscale Bitcoin Trust (GBTC) shares.

The post Digital Currency Group plans to buy additional $500 million worth of GBTC shares as trade discount continues appeared first on The Block.

PayPal has spoken with stablecoin protocol development firms as part of an exploration around potentially launching one of its own.

The post PayPal has held exploratory talks about launching a stablecoin: sources appeared first on The Block.

Crypto exchange FTX has hired a former forex sales executive from HSBC, the U.K.’s largest bank, as it prepares to serve traditional financial institutions.

The post Crypto exchange FTX hires former HSBC exec as it prepares to serve traditional financial institutions appeared first on The Block.