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Crypto and stock trading platform Etoro IPO prices look strong: Bloomberg

Etoro could set pricing on its original public offer (IPO) at a much higher level than the marketed range, said people who are familiar with the case, Bloomberg. The company planned to offer 10 million shares for $ 46 to $ 50 each, based on a previous filing, but received significantly more demand than available

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Defi Savings Protocol Sky Falls to $ 5 million. Q1 -Tab as ‘savings rate’ erases profit

Defi Savings Protocol Sky published a loss in the first quarter of $ 5 million after interest payments to the token holders more than doubled, according to a report created by Sky contributors from Steakhouse Financial. The loss is a sharp turn from the previous quarter when Sky, formerly known as Makerdao, recorded a $

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Gibraltar to establish rules for clearing and running cryptoderivatives to improve market integrity

The Gibraltar government said it plans to establish the world’s first rules for clearing and settlement of cryptoderivatives, creating a legislative framework to improve market integrity and reduce key is risk. Working with Gibraltar Financial Services Commission (GFSC) and Crypto Exchange Bullish (whose owner, Bullish Group, is also the parent of Coindesk), the government has

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Bitcoin replaces US Dollar in 10 years, says billionaire VC Tim Draper

Within a decade, Bitcoin replaces the US Dollar dominance and becomes the standard currency that underlies the international economy, according to billionaire venture capitalist Tim Draper. “10 years, something similar. It can be a little smaller,” Draper said in a wide spotlight interview with Coindesk. Draper repeated its prediction that Bitcoin will rise to $

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Morgan Stanley (MS) Crypto Chief Andrew Peel ends to launch Defi Fund in Switzerland

Andrew Peel has left his role as Morgan Stanley’s (MS) head of digital asset markets to launch a crypto -investing and tech company in Zug, Switzerland, Bloomberg reported Tuesday. The venture will focus on tokenized foundations and trade tools that bridge traditional economy and defi, according to Bloomberg. Peel, a former Credit Suisse businessman who

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The Dubai government opens the door to accept crypto for service fees

Dubai agreed to allow cryptocurrency payments for public services in an agreement with Crypto Exchange Crypto.com and took a step towards the implementation of its plan for a cashless society. Once the technical details are completed, the agreement will allow individuals and businesses to pay fees using digital wallets from Crypto.com, licensed by Emirate’s Virtual

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