Odaily Planet Daily News: According to official sources, Telekom MMS, a subsidiary of Deutsche Telekom, the world's fifth largest telecommunications application provider, has become a ZetaChain validator. By using Deutsche Telekom's proprietary infrastructure stack, Open Telekom Cloud (OTC), to protect ZetaChain, Telekom MMS will provide developers building generic applications with access to decentralized and enterprise level Layer 1 infrastructure.
The Binance API3/USDT perpetual funding rate is currently -1.01%, and bears need to pay funding fees to bulls, indicating a high bearish sentiment in the market.
AiCoin [PC - Home - Popular Rankings] has launched the "Fund Rate" ranking, which provides a list of rate arbitrage opportunities.
Capital fees are an important mechanism for anchoring spot prices in perpetual contracts, used to balance long and short sentiment. When the funding rate is greater than 0, long positions pay funding fees to short positions; When the funding rate is less than 0, short sellers pay funding fees to long sellers.
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Privy has raised $15 million in a round led by Ribbit Capital, bringing the firm’s total funding to more than $40 million.The announcement follows recent raises by Utila, Crossmint and Reown as investment in crypto wallet infrastructure gains pace.
Odaily Planet Daily News: Cryptocurrency journalist Eleanor Terrett posted on X platform that the cryptocurrency derivatives exchange Bitnomial plans to abandon its lawsuit against the US SEC. The exchange sued the US SEC in October last year, citing its claim of jurisdiction over the XRP futures contract in Bitnomial's plan. In addition, Bitnomial is expected to launch XRP futures contracts tomorrow with approval from the CFTC.
