infinityhedge

05 Apr 2024 09:28

Ethena Labs will start purchasing and shorting BTC as part of a cash-and-carry trade and pocket funding rates to generate yield on its USDe tokens: Coindesk

infinityhedge

05 Apr 2024 07:50

Grayscale removed Cardano $ADA from its Digital Large Cap Fund [GDLC].

*Also removed Cosmos $ATOM from it's Smart Contract Platform Ex-Ethereum Fund [GSCPxE]

Link

infinityhedge

04 Apr 2024 21:19

Ripple has declared the death of (XRP). Well, to be fair, to be accurate, Ripple CEO Brad Garlinghouse has said the exact opposite when announcing the Silicon Valley crypto mainstay would launch a U.S. dollar-pegged stablecoin later this year. But in the grand scheme of things, XRP’s usefulness is dwindling. (Sorry, XRP Army, it’s my job to speak it how it is.)

infinityhedge

04 Apr 2024 15:00

Ripple plans to launch a USD pegged stablecoin backed by the US dollar and other cash equivalents: Blockworks

***The stablecoin will be available to users on XRP Ledger and Ethereum, and Ripple notes that it has plans to expand the token to additional blockchains and protocols in the future.

infinityhedge

04 Apr 2024 03:30

EARTHQUAKE IN TAIWAN DAMAGED TSMC CHIPMAKING EQUIPMENT-FT

infinityhedge

03 Apr 2024 21:31

Artificial Superintelligence (ASI) Alliance Vision Paper: link

infinityhedge

03 Apr 2024 20:08

*get a boring job
*automate the whole thing in your free time
*turn the automation into a company
*apply to YC

h/t Britton Winterrose

infinityhedge

03 Apr 2024 18:16

Powell believes that policy rate is likely at it's peak for this tightening cycle if the economy evolves broadly as we expect.

infinityhedge

03 Apr 2024 17:05

The risk-adjusted returns of a momentum type strategy, regardless of the speed, have historically been better than one of buy and hold,” said Tarek Abou Zeid, partner and senior client portfolio manager at Man AHL: link

*Man Group, whose assets under management rose to a record $167.5 billion at the end of 2023.

infinityhedge

03 Apr 2024 15:41

Coinbase will add support for Wormhole perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our W-PERP market will begin on or after 9:30am UTC on 4 APR 2024, in regions where trading is supported.

infinityhedge

03 Apr 2024 14:04

Tesla to scout sites in India for $2bn-$3bn electric vehicle plant

infinityhedge

02 Apr 2024 23:25

BTC ETF Flow: 2nd April, 2024

Major outflows 🚨
$ARKB: -$87.5M
$GBTC: -$81.6M

Major inflows:
$IBIT: $150.5M
$FBTC: $44.8M

Net flow: +$40.3M

*for the first time since spot ETFs began trading, GBTC is not with the highest outflow.

infinityhedge

02 Apr 2024 20:31

Goldman Sachs Clients Not Interested in Crypto, Says Chief Investment Officer: WSJ: Coindesk

We do not think it is an investment asset class. We’re not believers in crypto

infinityhedge

02 Apr 2024 20:01

FED'S MESTER SAYS SHE EXPECTS THREE RATE CUTS THIS YEAR

infinityhedge

02 Apr 2024 18:51

Last 'Silk Road' sale: zerohedge

infinityhedge

05 Apr 2024 09:15

Starknet down, not produced any block in the last 4 hours.

Update: Back online now after 4hrs of outage.

infinityhedge

05 Apr 2024 06:49

Sony Bank is conducting a stablecoin proof of concept on the Polygon blockchain: TheBlock

infinityhedge

04 Apr 2024 20:13

KASHKARI: POSSIBLE FED WON'T CUT THIS YEAR IF INFLATION STALLS

infinityhedge

04 Apr 2024 12:09

LSK 2.0: Migration to an ERC-20 Token: link

*Plan to cap the total LSK token supply at 400M LSK tokens. Of these 400M LSK tokens, 100M LSK tokens will be submitted to a community vote to be either burnt or allocated to a 10 year vested DAO Fund.

*With the token migration, the circulating supply of LSK will increase by roughly 30% from currently ~153M LSK to nearly 200M LSK.

infinityhedge

04 Apr 2024 02:41

Looks like Wormhole forgot to exclude the wormhole exploiter addresses from the Airdrop: link

Addresses eligible:
*CxegPrfn2: 2.4k $W tokens
*EAUwikTg: 9.7k $W tokens

*Context: On Feb, 2022, Wormhole bridge was Exploited for 120k WeETH, worth ~$320M

infinityhedge

03 Apr 2024 21:14

APPLE EXPLORES HOME ROBOTS AS ‘NEXT BIG THING’ AFTER CAR FAILS

infinityhedge

03 Apr 2024 18:56

According to the MakerDAO Co-founder, EU regulators may interpret DeFi frontends as requiring a MiCA license from 2025. This would only allow fully decentralized, local, downloaded frontends or KYC-compliant online frontends, making current DeFi websites impractical: Link

infinityhedge

03 Apr 2024 18:12

Powell: Under Current Outlook, Rate Cuts Likely to Be Appropriate This Year: WSJ

infinityhedge

03 Apr 2024 15:44

Spotify plans to raise the price of its popular audio service in several key markets for the second time in a year: BBG

infinityhedge

03 Apr 2024 14:27

News-powered hedge fund raises $100mn to trade on reporters’ scoops:ft

infinityhedge

03 Apr 2024 08:03

Binance Will Extend the Monitoring Tag to Include EPX, FOR, UNFI, WAVES & WNXM on 2024-04-03

*Tokens with Monitoring Tag are at risk of no longer meeting Binance listing criteria and being delisted from the platform.

infinityhedge

02 Apr 2024 22:14

The PVP-ness of the DeFi ecosystem has accelerated rapidly: Vishesh

*Aave/Curve make stablecoins to go for the crown of primary issuer: link /link

*MakerDAO launches a secondary lending protocol to stop giving free liquidity / yield to competitors: link

*Aave hard targets Morpho Labs as a lending competitor and tries to disincentivize usage.

*Gauntlet exits Aave ecosystem and turns attention to Morpho: link

*Spark allocates $DAI via Morpho into Ethena vault: link

*Aave calls $DAI too risky and proposes 0% LTV in forums: link

🍿…‌‌

infinityhedge

02 Apr 2024 20:13

Paradigm is in talks with investors to raise between $750M - $850M for a new fund: BBG

infinityhedge

02 Apr 2024 19:18

U.S Gov. [Silk Road] deposited 2k Bitcoins worth $131M to Coinbase Prime: txns

tldr: likely US gov. sold these Bitcoins [OTC trade probably] last night and these txns are post trade settlements: James Seyffart and Head of Research at galaxy.

Context: In Jan, 2024, US Gov. filed a notice to sell over $130 million in bitcoin linked to the Silk Road forfeitures: link

infinityhedge

02 Apr 2024 18:23

U.S Gov. moved:

*30k BTC to bc1qky [new wallet]
*test tx: 3KrZVU [coinbase]