Automated Market Makers (AMM): Facilitating Trades in DeFi
Table of Contents What are Automated Market Makers? How do AMMs Work? Liquidity Slippage Impermanent Loss Examples of AMMs Key Takeaways: A...
Thailand SEC goes after cryptocurrency exchange Zipmex amid buyout
Zimpex is in the process of being acquired by V Ventures. The Thailand SEC is probing the exchange for breaching local rules. These are allegations that Zimpex has been operating…
Eyes on Shiba Inu as it readies for Bugatti Group partnership
Bugatti Group Company designs and creates briefcases, handbags, and other accessories. Bugatti Group is expected to host a special event soon, in partnership with Shiba Inu. The event is scheduled…
Silbert responds to Winklevoss’s accusations: DCG doesn’t have to return the funds
Cameron accused Silbert of misrepresenting statements to Gemini on how the company was capitalized DCG’s responsibility for Genesis restructuring and bankruptcy based on non-callable $1.1b promissory note The feud between…
Bloomberg: Tom Brady, Peter Thiele left holding the bag after FTX collapse
Brady held 1.1 million shares in Sam Bankman-Fried’s business His ex-wife Gisele Bunchen has 680k shares New FTX CEO John J. Ray III says no one is likely to recover…
Grayscale Bitcoin Fund up 25% this year, but discount still killing investors
Key Takeaways GBTC Fund is up 25% since the start of the year, compared to a 4% rise in the underlying asset, Bitcoin The discount is now back to where…
Coinbase lays off 950 employees, CEO says the exchange is well capitalized
The exchange wants to reduce operating costs by 25%. It is the second crypto exchange after Huobi to confirm layoffs in 2023. Coinbase CEO has however confirmed that the exchange…
NFT sales rose 26% in the first week of 2023
NFT sales jumped 26% as trading volume rose across major blockchains. Ethereum accounted for the most NFT sales, while Bored Ape Yacht Club dominated among collections. The broader crypto industry…
GALA soars by 15% today: Here is why
GALA is up by more than 15% in the last 24 hours, making it one of the best performers amongst the top 100 cryptocurrencies by market cap today. The rally…
Sanctions couldn’t terminate Tornado Cash, says Chainalysis
The decentralised nature of Tornado Cash has made it nearly impossible to put an end to it. Chainalysis revealed that total inflows to the mixer dropped by 68% in the…