Cointime

Cointime

Download App
iOS & Android

Crypto Morning Briefing: MakerDAO Founder Calls for Rebranding of DAI Stablecoin

Cointime Official

Top Stories

MakerDAO Founder Calls for Rebranding of DAI Stablecoin

MakerDAO’s DAI stablecoin could be due for a makeover.

New York Attorney General Sues Crypto Exchange KuCoin, Alleges Ether Is a Security

A press release said the suit was part of ongoing "efforts to crack down on unregistered cryptocurrency platforms."

Blockchain.com to Suspend Operations of Asset Management Arm

Crypto financial services company Blockchain.com is suspending operations of its recently-launched asset management arm, citing the prolonged crypto winter as the reason for its decision, according to a Bloomberg report.

Gateio Launching Debit Card Supporting Shiba Inu & Crypto Payments Across Europe

Gate Group, the parent company of leading crypto exchange Gate.io, has announced plans to launch its Gate Visa debit card in Europe. The card will enable customers to seamlessly pay with Shiba Inu (SHIB) and other crypto assets at all 80 million merchant stores that accept Visa.

Binance Approves TerraClassicUSD (USTC) Against Tether USD (USDT) Trading Pair

Binance, the world’s largest crypto exchange by trading volume, has recently announced that it will add TerraClassicUSD (USTC) against Tether (USDT) trading pair.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $20,382.91 USD, dropped by 7.77% in the last 24 hours;

ETH’s live price is $1,440.50 USD, dropped by 7.66% in the last 24 hours;

BNB’s live price is $274.92 USD, dropped by 5.83% in the last 24 hours;

XRP's live price is $0.36 USD, dropped by 6.99% in the last 24 hours.

Fundraising News

CryptoPunk NFT Bid Funded With 527,000 Once Worthless Testnet Ether Tokens

An NFT buyer swapped testnet ether tokens — that are supposed to be worthless — for ETH, which was then used to buy a CryptoPunk NFT.

Digital Art Platform and Residency Program Wildxyz Raises $7M

Digital art platform Wildxyz has raised $7 million in seed funding to expand its residency program and community surrounding non-fungible token (NFT) art, the company said Thursday.

Stablecoin Issuer ECSA Secures $3 Million in Funding

Brazilian-based stablecoin issuer ECSA raised $3 million to bring the main carry currencies on chain.

Proven Raises $16M To Rebuild Trust in Crypto With Zero-Knowledge Proofs

Over the past year, trust has been lacking in the crypto industry. One startup, Proven, is trying to change that with new technology.

Gyroscope Unveils $4.5 Million in Funding As It Prepares To Launch ‘Unique’ Stablecoin

Gyroscope, a crypto startup that claims to be building a unique stablecoin, announced it has raised $4.5 million in a seed funding round.

Coinbase Ventures Joins $15M Bet on New Crypto Exchange Mauve

After offshore exchange FTX’s collapsed last year as a result of massive fraud, do we really need another crypto exchange? Markus Maier and Philipp Banhardt, founders of crypto compliance firm Violet, think that’s exactly what we need and have persuaded prominent investors to back their vision in the form of Mauve—a decentralized exchange they’ve describe as the anti-FTX.

Bitcoin Bitcoin $99,204.97
+2%
MakerDAO Dai stablecoin Shiba Inu Europe Binance Tether
Comments

All Comments

Recommended for you

  • Robinhood Chief Legal Officer Dan Gallagher Says He Won't Become SEC Chairman

    According to market news, Dan Gallagher, the Chief Legal Officer of Robinhood, stated that he would not serve as the Chairman of the US Securities and Exchange Commission.

  • Cosine: After a user used GPT to write a bot with a backdoor code, the private key was sent to a phishing website

    SlowMist Yu Xian stated in a post on the X platform that a user used GPT to write a bot with code and sent the private key to a phishing website. The reason why the private key was stolen was because it was directly sent to the phishing website in the HTTP request body. Yu Xian reminded that when using LLM such as GPT/Claude, one must pay attention to the common fraudulent behavior of these LLM. It was previously mentioned that AI poisoning attacks were carried out, and now this is a real attack case targeting the crypto industry.

  • U.S. Supreme Court rejects Facebook's attempt to avoid shareholder securities fraud lawsuit

     US Supreme Court rejected Facebook's attempt to avoid shareholder securities fraud lawsuits under the META umbrella.

  • The final value of the US one-year inflation rate in November is expected to be 2.6%, the expected value is 2.7%, and the previous value is 2.60%

     the expected final value of the US one-year inflation rate in November is 2.6%, with an expected value of 2.7% and a previous value of 2.60%. The expected final value of the US five-to-ten-year inflation rate in November is 3.2%, with an expected value of 3.1% and a previous value of 3.10%.

  • Polymarket Blocks French Users Amid Government Investigation into Gambling Law Compliance

    Polymarket has blocked users from France following reports of an investigation by the country's gaming authority for compliance with gambling laws. The ban was not stated in Polymarket's terms of service, but French users attempting to access the website using a VPN from a French server were met with a digital blockade. The ANJ, France's national gaming authority, began investigating Polymarket after a French trader placed large bets on Donald Trump winning the 2024 US Presidential election.

  • U.S. stocks open, most crypto stocks open lower

     the US stock market opened with the Dow Jones up 0.19%, the S&P 500 up 0.05%, and the Nasdaq up 0.01%. Most cryptocurrency stocks opened lower, with Coinbase (COIN.O) down 0.06%, MicroStrategy (MSTR.O) up 0.4%, and Riot Platforms (RIOT.O) down 2.6%. Previously, Bitcoin had risen above $99,000 before falling back.

  • Amazon to invest an additional $4 billion in Anthropic, OpenAI's rival

     Amazon is deepening its cooperation with Anthropic and will add an additional $4 billion investment to the company. In September of this year, Anthropic, an artificial intelligence startup, was seeking a new round of financing with a valuation of up to $40 billion. Anthropic was founded by former OpenAI executives in 2021 and focuses on creating interpretable, secure, and controllable artificial intelligence systems. The company's flagship AI model, Claude, operates based on "Constitutional AI," which uses predefined principles to guide its output, avoiding some erroneous or discriminatory output reactions.

  • Family Offices Evolve into Powerful Investment Entities with Innovative Strategies and Advanced Technologies

    Family offices, which traditionally focused on conservative investment strategies, have transformed into powerful investment entities with a focus on alternative investments, private equity, co-investments, venture capital, and impact investing. This shift has been driven by innovative financial solutions and modern investment strategies, responding to technological advancements and an evolving global financial landscape. Family offices are taking a more active role in direct investments and co-investments, particularly in high-growth companies and startups, enhancing their control and flexibility. They are also diversifying further into private markets and real assets due to geopolitical and macroeconomic uncertainties, while embracing innovative financing solutions and cutting-edge risk management techniques. Additionally, family offices are implementing AI technologies to improve their decision-making processes, particularly in investment analysis, reflecting their commitment to innovation and strategic planning.

  • The Evolution of Family Offices: Embracing Innovative Investment Strategies and Technology

    Family offices have shifted from conservative investment strategies to more active roles in direct investments and co-investments, thanks to innovative financial solutions and modern investment strategies. They are now leaders in alternative investments, private equity, co-investments, venture capital, and impact investing, leveraging their capital through non-recourse and limited-recourse financing to expand their investments across sectors and regions. Family offices are also adopting sophisticated risk management strategies, diversifying further into private markets and real assets, and integrating advanced technologies such as AI-driven platforms to enhance decision-making processes. A family office in the UAE, International Venture Investments Holding, takes an active investment approach, emphasizing operational autonomy and forming dedicated management teams for specific projects. The UBS Global Family Office Report 2024 shows that 78% of family offices plan to invest in generative artificial intelligence in the next two to three years.

  • XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8) on November 22

    On November 22nd, XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8).

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company