The stablecoin dai (DAI) broke a market capitalization of $1 billion on Wednesday, a major milestone for the DeFi pioneer.
Quick Take
- It has been almost a month since OKEx suspended on-chain crypto withdrawals.
- Users with locked crypto assets have been trying different ways to get their funds out — generally at a discount of at least 20%.
Crypto lending startup BlockFi is planning to roll out its retail products early next year in Switzerland, the Netherlands and Italy.
The post BlockFi plots retail launches in Europe — but not the UK appeared first on The Block.
Crypto lending startup BlockFi is planning to roll out its retail products early next year in Switzerland, the Netherlands and Italy.
The post BlockFi plots retail launches in Europe — but not the UK appeared first on The Block.
Bitcoin’s price closed in on $16,000 before losing steam while over $20 million in ether is already staked for the Ethereum 2.0 upgrade.
Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.
When the Nigerian government shut down #EndSARS protestors’ bank accounts, bitcoin and crypto became a way around.
Flash loans attacks have received a lot of press attention. But they’re not DeFi’s biggest vulnerability, says Chainlink’s CMO.
Bridgewater Associates founder and CIO Ray Dalio is expecting the growth of central bank digital currencies (CBDCs), but says he still sees problems with bitcoin as a currency.
The post Bridgewater’s Ray Dalio says bitcoin isn’t poised for the success its adopters hope appeared first on The Block.
Quick Take
- CMT Digital, a division of the CMT Group, is a Chicago-based firm focused on crypto asset trading, blockchain investments, and legal/policy engagement within the digital asset/blockchain sector
- In 2019, CMT Digital was one of the most active funds in the blockchain/crypto vertical with a total of 11 investments. (Seed, Early Stage, Late)
- In total, the firm has deployed capital into at least 34 startups and protocols across 9 verticals, which The Block has mapped out.
