Bybit Introduces Pre-Market Perpetuals for Trading Tokens
Bybit has launched pre-market perpetuals to allow traders to speculate on the future values of tokens before their official launch. This product was launched by Bybit, the second-largest cryptocurrency exchange in the world based on trading volume, to enable traders to predict new token prices before their official introduction. Users can execute trades at the […]
Anchorage Expands Custody Support for Solana Tokens
The cryptocurrency custodian Anchorage Digital is adding custody and staking support for tokens based on Solana to its list of offerings. A federally-authorized cryptocurrency bank in the United States, Anchorage Digital Bank is growing its services to include custody and staking assistance for the Solana ecosystem. The custodian announced on August 6 that, in addition […]
Circle to Cease USDC Support on Flow Blockchain
Circle, the stablecoin’s issuer, has declared that it would no longer support USDC on the Flow network with effect from September 3, 2024. The blockchain network’s impending Crescendo update is the reason behind Circle’s decision to discontinue support for USDC on Flow, the company stated in a blog post on August 5. The US dollar-pegged stablecoin […]
Healthcare Company Semler Scientific Buys $3m in Bitcoin
Semler Scientific has added $3 million to its Bitcoin reserve, increasing its total holdings to 929 BTC. Semler Scientific, a publicly traded manufacturer of medical devices, is increasing the amount of money it has set aside for cryptocurrency with its most recent transaction, which is part of a corporate strategy centered around purchasing Bitcoin. The […]
Aave Nets $6m in Revenue Amid Crypto Plunge
The decentralized finance protocol Aave managed to earn over $6 million despite the sharp decline in cryptocurrency values. The founder of Aave, Stani Kulechov, stated in a post on X on August 5 that the revenue was secured via the DeFi protocol following the Monday drop in the cryptocurrency market that left investors reeling. Aave […]