The Aragon Association has acquired Vocdoni, a decentralized voting project born out of the Catalan independence movement.
Shares of the company traded up 11% on the news of the deal to purchase miners later this year.
Crypto euphoria gets reality check as bitcoin and ether tumble, though XRP is still trading with market value near Ford Motor’s as SEC-inflicted damage proves limited.
The combined company will be called “Bakkt Holdings” and will be listed on the New York Stock Exchange with an expected valuation of $2.1 billion.
Crypto firm Bakkt today announced that it is going public on the New York Stock Exchange via a SPAC deal.
The post Bakkt is going public on the New York Stock Exchange via a SPAC appeared first on The Block.
Bitcoin’s crash Monday came alongside a bounce in the Dollar Index.
Tether (USDT) stablecoin is launching on Hermez Network — an Ethereum Layer 2 scaling solution that uses ZK-Rollups.
The post Tether is launching on Hermez — an Ethereum Layer 2 scaling solution that uses ZK-Rollups appeared first on The Block.
Trials of China’s central bank digital currency continue, with ATMs now starting to be used in Shenzhen.
Quick Take
- The total trade volume on decentralized exchanges was $116.7 billion in 2020 — up from $3.0 billion in 2019 or a 3,790% increase.
- To start 2020, we have seen record trade volumes on DEXs. In the first week of January, trade volume has been higher than on any day before.
- The challenge in 2021 is to bring scalability from Layer 2 solutions to DEXs, despite the limitations they place on composability.
Hermez Network sets out to provide faster and cheaper transactions on Ethereum.
