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Bitfinex Derivatives to Offer Perpetual Contract for Solana, Company CTO Paolo Ardoino Anticipates Great Demand for Product - Vimarsana News

Bitfinex Derivatives to Offer Perpetual Contract for Solana, Company CTO Paolo Ardoino Anticipates Great Demand for Product

Bitfinex Derivatives to Offer Perpetual Contract for Solana, Company CTO Paolo Ardoino Anticipates Great Demand for Product Bitfinex Derivatives is offering a derivatives platform that is accessible via Bitfinex, a digital token trading platform. As mentioned in a release shared with CI, Bitfinex Derivatives has introduced a perpetual contract for Solana (SOLF0:USTF0). Solana (SOLF0:USTF0) “went live on 26/07/21 at 15:00 PM CET,” the announcement noted while adding that the contract offers users “up to 100x leverage and will be settled in Tether tokens (USDt).” Paolo Ardoino, CTO at ...

Decentralized Lending Protocol C.R.E.A.M Finance to Offer Euro backed Tether Tokens, EURt - Vimarsana News

Decentralized Lending Protocol C.R.E.A.M Finance to Offer Euro backed Tether Tokens, EURt

Decentralized Lending Protocol C.R.E.A.M Finance to Offer Euro backed Tether Tokens, EURt July 26, 2021 @ 8:23 pm By Omar Faridi C.R.E.A.M. Finance, a decentralized lending protocol, has revealed that it will be “the first” protocol in the decentralized finance (DeFi) space to provide a Euro-backed stablecoin in, “with the addition of Tether tokens pegged to the euro (EURt).” Paolo Ardoino, CTO at Tether Operations Limited, stated: “We see a huge pent up demand for euro based stablecoins in the DeFi space. We’re excited that C.R.E.A.M. Finance is the first DeFi platform to support...

Solana Labs raises $314M in token sale to expand its blockchain-related services - Vimarsana News

Solana Labs raises $314M in token sale to expand its blockchain-related services

SHARE Solana Labs Inc. announced today that it has raised $314 million in a private token sale to launch an incubation studio, venture investing arm and trading desk. Andreessen Horowitz and Polychain Capital led the token raise. Other investors included Alameda Research, Blockchange Ventures, CMS Holdings, Coinfund, CoinShares, Collab Currency, Memetic Capital, Multicoin Capital, ParaFi Capital, Sino Global Capital and Jump Trading. Founded in 2018, Solana offers a web-scalable blockchain that offers support for decentralized apps and marketplaces. The company’s blockchain is designed to g...

Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions - Vimarsana News

Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions

Analysis A long-standing legal drama finally found resolution on Feb. 23, with the New York Attorney General’s office announcing that it had come to a settlement with cryptocurrency exchange Bitfinex after a 22-month inquiry into whether the company had been trying to cover up its losses — touted to be worth $850 million — by misrepresenting the degree to which its Tether (USDT) reserves were backed by fiat collateral. According to the terms of the announced settlement, which now marks an end to the inquiry that was initiated by the NYAG back in Q1 2019, Bitfinex and Tether will pay t...

Tether settles with the NYAG and Square buys the dip, sparking rapid recovery for crypto markets - Vimarsana News

Tether settles with the NYAG and Square buys the dip, sparking rapid recovery for crypto markets

Tether settles with the NYAG and Square buys the dip, sparking rapid recovery for crypto markets Crypto at a glance Was that the dip? Just when it looks like you’re going to be able to buy crypto at a huge discount, bam! Yet another corporate giant starts buying and it’s back up we go. Can the recovery now be sustained? Is $50,000 the new bottom for BTC? After Monday’s drama saw Bitcoin plunge to as low as $45,000, a stream of good news yesterday has since seen the leading cryptocurrency bounce back almost immediately and it’s now stabilised above $50,000 again.

Source: cityam.com