Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
Goldman Sachs executed its first trade of ethereum (ETH) non-deliverable forwards, a derivative that pays out in cash based on the price of ETH, Bloomberg reported, citing Marex Financial, Goldman's counterparty in this transaction. This derivative gives institutional investors exposure without having to hold ETH.
Exchange news
Crypto.com decided to cut almost 5% of its workforce, or about 260 employees, CEO Kris Marszalek said in a tweet. This was done in order to "ensure continued and sustainable growth for the long term" amid the market downturn, he added.
Binance announced they will not support the deposits and withdrawals of litecoin (LTC) that utilize the MimbleWimble Extension Blocks (MWEB) function, which provides users with an option of sending confidential LTC transactions without revealing any transaction...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...