Base DEX SynFutures Rolls Out AI Trading Agent

Decentralized derivatives exchange SynFutures has introduced Synthia, an AI trading agent that allows traders to swap or transfer assets using natural language commands. SynFutures is the largest DEX on Coinbase’s layer-2 network Base with 24 hour volume hitting $220 million and liquidity at $768 million. The AI agent will be rolled out in three phases, … Read more

Crypto Custody Firms BitGo and Copper Deliver Off-Exchange Settlement for Deribit

Qualified cryptocurrency custodian BitGo and Copper, the firm behind the ClearLoop settlement system, are providing off-exchange settlement for traders using options exchange Deribit, the firms said on Thursday. Clients of BitGo and Copper can now trade spot and derivatives on Deribit while assets are secured off-exchange in qualified custody with BitGo Trust, and automatically settled … Read more

Crypto Daybook Americas: Bitcoin Traders Deleverage on Steady Fed Rate Outlook

By Francisco Rodrigues (All times ET unless indicated otherwise) Crypto traders are deleveraging after Wednesday’s FOMC minutes showed the Fed is looking to hold rates steady until inflation improves and discussed pausing or slowing the balance sheet runoff. Still, the yield on the 10-year Treasury dropped and the dollar weakened. Cryptocurrencies are higher, with the … Read more

Web3 From The Eyes Of a Contributor

As someone who has been contributing to the web3 space since 2021, the amount of enquiries I have received about web3 in the past 2 weeks has been very high. If you are already in the web3 space, you would have an idea why this is happening. The answer is simple, we are in bull … Read more