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Grayscale Launches Solana Trust For Institutional and High Net Worth Investors

Grayscale, the world’s largest asset manager for digital currency, has added Solana to its portfolio for institutional investors and high net-worth individuals. Grayscale Investments has created a new product with exposure to Solana for high net worth individuals and institutional investments. The Grayscale Solana Trust product becomes the sixteenth product in Grayscale’s product portfolio, after…

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15th Straight Week of Crypto Product Inflows Totaled $306 Million

The fifteenth straight week of inflows into digital asset investment products totaled $306 million, according to CoinShares weekly report.  This amount brings month-to-date inflows to $787 million, and year-to-date inflows to a record $9.5 billion. However, total assets under management (AuM) fell from $75.4 billion to $72.8 billion due to persistent price pressures. Coinflows Once…

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ViralCoin Releases “Fair Balanced Launch” DeFi Token on Multiple Networks

ViralCoin successfully launched with several ground-breaking features that will change the scope of Fair Launches forever. ViralCoin’s definition of a Fair Balanced Launch is one that keeps the token price consistent while minting new tokens until the maximum total supply has been realized across all networks.   To accomplish this breakthrough feature, ViralCoin created the ViralVault,…

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Paying it Forward in Web 3 — Crypto Communities Are Funding the Future

Most people involved in building Web 3.0 did not start their work in a classroom. As the crypto community grows, encouraging onboarding and inclusion has become of central importance. When people think of cryptocurrencies, they immediately imagine coders sitting in basements, possibly surrounded by whirring miners. While perhaps once accurate, this image has long been…

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BNBMatrix: Stable, Profitable Yield Farming dApp on Binance Smart Chain

The most significant trend that is happening right now in the cryptocurrency market is decentralized finance or Defi. It is a new movement that is slowly gaining traction, and it represents a powerful opportunity for cryptocurrency investors. The traditional method of investing money in banks while getting extremely low-interest-rate is slowly vanishing. Instead, people are…

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Gemini Seeks Open Minds and Open Dialogue With Financial Regulators

Andy Meehan, chief compliance officer for Gemini, has called upon regulators to maintain open minds and open dialogue as most exchanges try to ‘do the right thing’. Meehan made the appeal in a recent interview with Blomberg TV, being careful to couch his language in as sympathetic a fashion as possible. During the interview Meehan…

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No Proposal to Recognize Bitcoin as Currency, Says Indian Finance Minister

The Lok Sabha, the lower house of India’s bicameral Parliament, will debate and deliberate the cryptocurrency bill before the upper house of Parliament reviews it, after which it will be sent to the president to be signed into law. The Indian Winter Session of Parliament has commenced, in New Delhi. There is much on the…

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ClearDAO Launches Barrier Option Marketplace on Binance Smart Chain Testnet

ClearDAO announced today the barrier option marketplace on Binance Smart Chain testnet is now open to everyone for public alpha testing. This is the first proof-of-concept marketplace built using the Clear SDK. The Clear SDK is expected to be available by end of 2021. ClearDAO is a decentralized derivatives factory where DeFi developers can use…