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Author: Ubik Capital
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Crypto News
May 25, 2023BY Ubik Capital

Tools for Humanity Secures $115 Million in Funding Round Led by Blockchain Capital

The creators of Worldcoin say the Series C fundraise will support research, development, and growing the ecosystem.
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Crypto News
May 25, 2023BY Ubik Capital

Circle launches euro-based stablecoin on Avalanche blockchain

Circle launched EUROC last year as a regulated stablecoin, which means that each token is fully backed by euro reserves held at United States-regulated financial institutions.
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Crypto News
May 25, 2023BY Ubik Capital

What is SmarDex? The DeFi Disruptor Poised to Take Over the DEX Market

SmarDex is a new DEX that uses fictive reserves and a smart calculation system to automatically determine which token is rising faster.
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Crypto News
May 25, 2023BY Ubik Capital

EU watchdog warns about the risk of a bank run on stablecoins

The European Systemic Risk Board suggests more disclosures, more monitoring to fight the risks of the crypto market.
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Crypto News
May 25, 2023BY Ubik Capital

Binance Suspends Multichain Token Deposits Amid Transaction Delays

Days-long delays for transactions on Multichain now mean Binance has taken action to suspend several linked bridges.
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Crypto News
May 25, 2023BY Ubik Capital

Account abstraction could change how institutions interact with Ethereum — Safe co-founder

In episode 21 of Hashing It Out, Lukas Schor, co-founder of Safe, explains that account abstraction could change how instructions and DAOs interact with the Ethereum blockchain.
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Crypto News
May 25, 2023BY Ubik Capital

Germany’s recession triggers responses from the crypto community

A member of the community thinks that, in this case, all speculative markets including crypto will lose ground.
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Crypto News
May 25, 2023BY Ubik Capital

Nvidia Stock Soars Double-Digits Following Revenue Uptick Amid AI Frenzy

Chip manufacturer Nvidia boasted a large uptick in revenues last quarter thanks to the latest developments in the world of AI.
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Crypto News
May 25, 2023BY Ubik Capital

South Korea passes bill to make officials disclose Bitcoin holdings

The “Kim Nam-guk Prevention Law” comes in response to a scandal involving some National Assembly members moving large amounts of crypto.
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Crypto News
May 25, 2023BY Ubik Capital

Crypto Leverage ‘Is Only a Problem’ When it Impacts Traditional Finance: EU Watchdog

EU advisors say there’s little connection between crypto and TradFi for now, but caution the industry should still be closely monitored.
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