dYdX Chain Launches Trading Rewards on Cosmos Layer 1
dYdX Chain, the leading decentralized derivatives trading protocol, has recently taken a significant step forward by launching trading rewards for validators and stakers. This development comes after the full trading launch of the protocol on its Cosmos-based Layer 1 platform. Introducing these rewards marks a new chapter in the platform’s evolution, especially following a decisive […]
Fireblocks Launches ‘Off Exchange’ Trading System
On November 28, Fireblocks announced the launch of a new trading system known as “Off Exchange” to mitigate risks associated with institutions that utilize centralized exchanges. The new system, known as “Off Exchange,” permits institutional traders to exchange tokens without making an initial deposit on the exchange. According to Fireblocks, this mechanism would aid in […]
Phoenix Group IPO Delayed for UAE National Day
Phoenix Group, a UAE-based crypto mining firm, has rescheduled its IPO on the ADX to December 5, 2023, after the UAE National Day holidays. The company received an overwhelming response from investors, with a 33-fold oversubscription rate. Phoenix Group, a leading cryptocurrency mining company in the Middle East, has announced a new date for its […]
Binance Ex-CEO CZ Stuck in US After Guilty Plea
Changpeng Zhao, the former CEO of Binance, has been ordered to remain in the US until his sentencing hearing in February after pleading guilty to violating US anti-money laundering laws. What does this mean for the crypto giant and its founder? Changpeng Zhao, also known as CZ, the founder and former CEO of Binance, the […]
Lessons from Failed Blockchain Consortia and How to Avoid Similar Pitfalls
Blockchain consortia, which are groups of organizations working together to use blockchain technology, have been hailed as a revolutionary way to solve problems in the business world. However, not all consortia are successful, and those that have failed can teach us important lessons. This article will discuss some lessons from failed blockchain consortia and how […]