The funding will be used to expand the team behind the Ethereum-based lending protocol as well as to continue developing Notional v2.
The post DeFi lending startup Notional Finance raises $10 million in Series A round appeared first on The Block.
Socios has so far enabled European soccer teams to directly engage with their supporters via fan tokens, now it’s expanding to the U.S.
The post NHL’s New Jersey Devils ink marketing partnership with fan token platform Socios appeared first on The Block.
CME Group execs discussed the firm’s bitcoin futures offerings during an earnings call on Wednesday, with next week’s expected launch of micro bitcoin futures predicted to open the door to a potentially wider customer base.
The post CME eyes ‘much wider potential customer base’ with next week’s micro bitcoin futures launch appeared first on The Block.
Mastercard’s chief executive discussed the payments firm’s ambitions in the area of central bank digital currencies (CBDCs) during a Thursday earnings call.
The post Mastercard highlights applications beyond payments for central bank digital currencies appeared first on The Block.
Nasdaq-listed crypto exchange Coinbase now allows customers in the U.S. to buy cryptocurrencies using PayPal.
The post Coinbase now allows US users to buy crypto with PayPal appeared first on The Block.
The tool that gives institutional investors the necessary data and analytics to better inform digital asset investments.
The post Fidelity unveils digital asset analytics tool for institutional investors appeared first on The Block.
Quick Take
- Low-volatility tokens are loosely pegged to a certain price band in the near term, but their price can drift over time with their ever-changing target price determined by algorithms
- Reflexer, Float Protocol, and Olympus DAO are some of the notable examples of low-volatility tokens that borrow a lot of features from existing decentralized and algorithmic stablecoins
- These tokens need to generate organic demand regardless of their underlying algorithms that dampen short-term price volatility
German stock exchange operator Deutsche Börse and Commerzbank, the German lender, have invested in a new entity named 360X which aims to create new digital asset marketplaces.
The post Deutsche Borse invests €10 million in a marketplace for real estate, NFT art and more appeared first on The Block.
Bitcoin mining firm Genesis Digital Assets has ordered $93.63 million worth of new machines from Canaan.
The post Bitcoin mining firm Genesis orders $94 million worth of machines from Canaan appeared first on The Block.
Paxos has raised $300 million in fresh funding as it seeks out more PayPal-sized business clients.
The post Paxos raises $300 million as it looks to onboard more PayPal-sized clients appeared first on The Block.
