Ethereum

OKX Publishes Report Exploring Drivers of Near 30% ETH and BTC Annualized Basis in March 2024, Highlighting Client Insights into Basis Trading Strategies

Retrieved on: 
Thursday, April 11, 2024

DUBAI, UAE, April 11, 2024 /PRNewswire/ -- OKX , a leading crypto exchange and Web3 technology company, today published its inaugural ' Institutional Basis Trading Report. '

Key Points: 
  • DUBAI, UAE, April 11, 2024 /PRNewswire/ -- OKX , a leading crypto exchange and Web3 technology company, today published its inaugural ' Institutional Basis Trading Report. '
  • The report analyzes the institutional basis trading landscape and strategies, as well as drivers behind the nearly 30% Ethereum (ETH) and Bitcoin (BTC) annualized basis observed towards the end of March 2024.
  • This resurgence directly impacted the trading volume of futures spreads, causing a substantial and sustained surge in activity, demonstrating increased interest in futures spreads trading.
  • OKX Global Chief Commercial Officer Lennix Lai said: "Our 'Institutional Basis Trading Report' highlights the innovative strategies that some of our clients are using to navigate the cryptocurrency market.

Amber Group CTF Team Clinches Victory at OpenZeppelin's Ethernaut Capture the Flag 2024

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Thursday, April 11, 2024

SINGAPORE, April 11, 2024 /PRNewswire/ -- Amber Group , the leading global digital asset company, is proud to announce its "Amber Labs" CTF Team has won first place at the prestigious Ethernaut Capture the Flag (CTF) 2024 competition.

Key Points: 
  • SINGAPORE, April 11, 2024 /PRNewswire/ -- Amber Group , the leading global digital asset company, is proud to announce its "Amber Labs" CTF Team has won first place at the prestigious Ethernaut Capture the Flag (CTF) 2024 competition.
  • Competing against 299 top teams from around the world, Amber Labs' triumph stands as a definitive testament to their exceptional skills and expertise.
  • Dr. Chiachih Wu, Partner and Head of Web3 Security at Amber Group, said "This victory serves as recognition for our team's outstanding work and dedication to advancing blockchain security.
  • The team actively engages in global security competitions and pioneering research, ensuring that Amber Group remains at the forefront of Web3 security.

Flash News: OKX Adds Casper Network's CSPR Token to On-Chain Earn Product

Retrieved on: 
Thursday, April 11, 2024

OKX today announced the addition of the Casper network's CSPR token to its On-Chain Earn product.

Key Points: 
  • OKX today announced the addition of the Casper network's CSPR token to its On-Chain Earn product.
  • Eligible users who wish to stake CSPR on On-Chain Earn can follow these instructions:
    On web browsers: Visit the navigation bar and select Grow > Earn > On-chain Earn.
  • On the OKX app: Select Grow > Earn > On-chain Earn.
  • CSPR is the native token of the Casper network, similar to ETH on Ethereum's Proof of Stake chain.

KuCoin's Latest Research Report: Bitcoin Reaches Record Highs, $1.16 Billion Poured into 180 Crypto Projects, and Ethereum's Layer2 TVL Jumps 13.66%

Retrieved on: 
Thursday, April 11, 2024

In March 2024, the cryptocurrency market experienced significant events that underscored the dynamic interplay between technology and financial trends.

Key Points: 
  • In March 2024, the cryptocurrency market experienced significant events that underscored the dynamic interplay between technology and financial trends.
  • Bitcoin soared to new heights, reflecting a surge in market optimism.
  • The period also witnessed the burgeoning growth of the AI and Real World Assets (RWA) sectors, with notable advancements despite some volatility.
  • The KuCoin Research Report underscores the exchange's commitment to providing users with insightful, data-driven analysis of the cryptocurrency market's evolving landscape.

KuCoin's Latest Research Report: Bitcoin Reaches Record Highs, $1.16 Billion Poured into 180 Crypto Projects, and Ethereum's Layer2 TVL Jumps 13.66%

Retrieved on: 
Thursday, April 11, 2024

In March 2024, the cryptocurrency market experienced significant events that underscored the dynamic interplay between technology and financial trends.

Key Points: 
  • In March 2024, the cryptocurrency market experienced significant events that underscored the dynamic interplay between technology and financial trends.
  • Bitcoin soared to new heights, reflecting a surge in market optimism.
  • The period also witnessed the burgeoning growth of the AI and Real World Assets (RWA) sectors, with notable advancements despite some volatility.
  • The KuCoin Research Report underscores the exchange's commitment to providing users with insightful, data-driven analysis of the cryptocurrency market's evolving landscape.

HYPER Corporation Affiliate Fingerlabs and Mantle Form Strategic Alliance, Pioneering Future IP Content Business with 'Begins Youth'

Retrieved on: 
Thursday, April 11, 2024

First Korean Firm to Secure Mantle EcoFund Investment: Xclusive Advances Next-Gen Content Initiatives

Key Points: 
  • First Korean Firm to Secure Mantle EcoFund Investment: Xclusive Advances Next-Gen Content Initiatives
    SEOUL, South Korea, April 10, 2024 /PRNewswire/ -- Fingerlabs, an affiliate of KOSDAQ-listed HYPER Corporation (065650, formerly Medifron) announced today a strategic alliance with Mantle Network, targeting next-generation IP content initiatives via Xclusive.
  • Fingerlabs sets a precedent as the first South Korean firm to receive investment from Mantle's EcoFund, aiming to enhance the global distribution of K-Culture content.
  • With this groundbreaking partnership, both organizations plan to join forces in the fan-based content distribution business.
  • A key component of this collaboration involves leveraging Xclusive, a platform developed by Fingerlabs, to innovate the content distribution landscape.

Layer N Launches Testnet Environment Phase 1

Retrieved on: 
Wednesday, April 10, 2024

SAN FRANCISCO, April 10, 2024 /PRNewswire/ -- Today Layer N, a hyper-performant Layer 2 (L2) execution network, announced the launch of its testnet.

Key Points: 
  • SAN FRANCISCO, April 10, 2024 /PRNewswire/ -- Today Layer N, a hyper-performant Layer 2 (L2) execution network, announced the launch of its testnet.
  • Layer N is a novel execution layer designed as a network of rollups that share a unified communication and liquidity layer.
  • Layer N aims to become the execution layer for thousands of hyper-optimized rollups, while maintaining a monolithic like UX for end-users.
  • Dima Romanov, CEO and Co-Founder of Layer N commented on the news, "Today marks a pivotal moment in the evolution of Layer N as we unveil our much-anticipated testnet phase 1.

Chainlink Functions Goes Live on Base

Retrieved on: 
Wednesday, April 10, 2024

SAN FRANCISCO, April 10, 2024 /PRNewswire/ -- Today, Chainlink Functions, a product of Chainlink, the industry-standard decentralized computing platform, has gone live on Base—a fast and highly scalable layer-2 blockchain incubated by Coinbase and secured by Ethereum. Functions provides smart contract developers on Base with access to trust-minimized compute infrastructure, allowing them to fetch data from APIs and perform custom computation.

Key Points: 
  • SAN FRANCISCO, April 10, 2024 /PRNewswire/ -- Today, Chainlink Functions , a product of Chainlink, the industry-standard decentralized computing platform, has gone live on Base—a fast and highly scalable layer-2 blockchain incubated by Coinbase and secured by Ethereum.
  • Chainlink Functions is a serverless, self-serve developer platform enabling developers to easily connect their smart contracts to any API and trust-minimized computations.
  • "We're excited to see Chainlink Functions go live on Base, enhancing developer capabilities and showcasing the continued integration of Chainlink's trusted technology," said Tom Vieira, Head of Product at Base.
  • Developers access the Functions documentation , experiment with the Chainlink Functions Playground , and create a subscription to get started.

Flash News: OKX Ventures Partner Jeff Ren Explores the Future of Layer 2s at 'X Layer Ecosystem Night' HK Web3 Festival Side Event

Retrieved on: 
Wednesday, April 10, 2024

HONG KONG, April 10, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , has issued updates for April 10, 2024.

Key Points: 
  • HONG KONG, April 10, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , has issued updates for April 10, 2024.
  • OKX Ventures Partner Jeff Ren Explores the Future of Layer 2s at 'Layer 2 Revolution: Scaling the Future | X Layer Ecosystem Night' HK Web3 Festival Side Event
    OKX Ventures Partner Jeff Ren recently delivered a keynote speech at 'X Layer Ecosystem Night,' an HK Web3 Festival side event that took place on April 7 at AOAO.
  • The development of X Layer is a testament to a year of planning, preparation and growth for X Layer team.
  • Jeff's insights at the 'X Layer Ecosystem Night' event underscore OKX Ventures' commitment to fostering innovation, supporting the development of new technologies and scaling the future of Web3.

Nomic Unveils Bitcoin Liquid Staking Token Powered by Babylon's Bitcoin Staking Protocol

Retrieved on: 
Wednesday, April 10, 2024

Leveraging Babylon's technology, Nomic is introducing stBTC, a groundbreaking Bitcoin Liquid Staking Token (LST).

Key Points: 
  • Leveraging Babylon's technology, Nomic is introducing stBTC, a groundbreaking Bitcoin Liquid Staking Token (LST).
  • Additionally, through the integration of Babylon's Bitcoin staking protocol, Nomic will roll out dual-stake security, where Nomic will become secured both by staked BTC and staked NOM, Nomic's native token.
  • Built utilizing Babylon's Bitcoin staking protocol, stBTC is a new Bitcoin LST that will offer Bitcoin holders similar advantages within the Cosmos ecosystem.
  • "We are thrilled to see Babylon's Bitcoin staking protocol play a crucial role in Nomic's launch of stBTC.