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OKEx Adds More Coin-Margined Perpetual Swaps for Real-Time Settlement

OKEx Adds More Coin-Margined Perpetual Swaps for Real-Time Settlement

OKEx adding more swaps to its real-time settlement function that went live on Dec. 29, 2020.

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‘We are watching the market:’ Gemini considering public markets debut

Tyler and Cameron Winkelvoss are exploring a stock market debut for crypto exchange Gemini, according to a report by Bloomberg News.  In an interview with Bloomberg, the twins–who founded the exchange in 2013—said that going public is one option they are currently exploring for the firm.  “We are watching the market and we are also […]

The post ‘We are watching the market:’ Gemini considering public markets debut appeared first on The Block.

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UK Man Offers Council $72M If He’s Allowed to Search Dump and Finds Discarded Bitcoin Trove

A UK IT engineer who mistakenly threw away a hard drive with around £210 million ($288 million) of bitcoin on it is applying to the local government to search wasteland for the device. Read more: UK Treasury Calls for Feedback on Approach to Cryptocurrency and Stablecoin Regulation

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Mapping out Polkadot’s ecosystem

Quick Take

  • Polkadot is one of the more anticipated Proof-of-Stake networks and smart contract challengers to Ethereum, the most prevalent dapp platform today
  • From September-November 2020, roughly 19% of DeFi projects that received venture funding were building on Polkadot
  • The Block has mapped out a total of 127 projects across sixteen different verticals that are currently developing on Polkadot’s ecosystem

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The Interchange: Bakkt to Frothy Markets

Quick Take

  • Bakkt’s $2 billion valuation via SPAC a sign that private markets are being repriced; plus, thoughts on crypto’s first national chartered bank

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UK neobank Tandem issues “material uncertainty” warning as losses mount

Tandem Bank, one of the United Kingdom’s much-hyped crop of neo-banks, has filed annual results that show mounting losses and warn the firm faces “material uncertainty” about its ability to remain in business.

The post UK neobank Tandem issues “material uncertainty” warning as losses mount appeared first on The Block.

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Bitcoin Bounces as Options Market Sees 20% Chance of $50K at Month’s End

While a 31% rally to $50,000 in two weeks may be challenging to envision, it is far from impossible, given bitcoin’s prior rallies.

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Gemini acquires Blockrize, launching a credit card with up to 3% rewards in bitcoin

emini has acquired fintech startup Blockrize to launch a credit card in the U.S. later this year. The card would offer up to 3% rewards in bitcoin and other cryptocurrenices.

The post Gemini acquires Blockrize, launching a credit card with up to 3% rewards in bitcoin appeared first on The Block.

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Winklevoss-Founded Gemini to Offer Credit Card With Crypto Rewards

Gemini, the cryptocurrency exchange and custodian founded by the Winklevoss brothers, has launched the Gemini Credit Card offering cryptocurrency rewards. Read more: Gemini Donates $50K to HRF to Help Fund Another Round of Bitcoin Developers in 2021

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eToro may limit bitcoin buying on weekends if demand and volatility continue

Online brokerage eToro has warned customers that it may limit bitcoin and crypto buying over this weekend if demand and volatility continue.

The post eToro may limit bitcoin buying on weekends if demand and volatility continue appeared first on The Block.

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