eBay acquires leading NFT marketplace KnownOrigin

In a statement released Wednesday, eCommerce giant eBay announced its acquisition of ‘KnownOrigin’, a popular NFT marketplace.According to the release, the deal was closed on Tuesday and is part of eBay’s “tech-led re-imagination.” David Moore, the co-founder of...

Uniswap Labs acquires NFT marketplace aggregator Genie

In a bid to achieve its dream of powering universal ownership and exchange on its platform, decentralized exchange Uniswap has purchased NFT marketplace aggregator Genie for an undisclosed sum.“We’re excited to bring what we’ve learned building DeFi products to NFTs,”...
Hello Advanced Trade, goodbye Coinbase Pro

Hello Advanced Trade, goodbye Coinbase Pro

Tl:drLater this year, we’ll begin sunsetting Coinbase Pro to migrate all advanced trading into one unified Coinbase account, bringing customers access to popular features like staking, Borrow, dapp wallet, and Coinbase Card from a single platform balance.Advanced...

Magic Eden closes $130M Series B funding round

On Tuesday, leading Solana NFT marketplace Magic Eden announced that it had raised $130 million in Series B funding to push its plans of expanding beyond the Solana ecosystem.The funding round, which brought the valuation of the company to $1.6 billion, was co-led by...

ProShares to launch short-Bitcoin ETF

Eight months after launching the first U.S. Bitcoin futures ETF, ProShares is ready to roll out the first U.S.-listed short Bitcoin futures exchange-traded fund this week.In a Monday announcement, the financial firm said that its new Short Bitcoin Strategy ETF will...