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Aave V2 Ethereum Market and Several Assets Paused — Team Says ‘No Funds Are at Risk’

7.11.2023
The decentralized finance (defi) protocol Aave’s so-called guardian said on Nov. 4 it had paused the Aave V2 Ethereum Market and frozen “certain assets on Aave V3 on Polygon, Arbitrum, Optimism.” At the time when the update was issued, Aave said an analysis of what happened...

Epic Games Admits In Court That Its PC Store Still Isn't Profitable

7.11.2023
On Monday, during the first day of the Epic v. Google legal showdown over app store fees, both companies gave their opening statements and began poking at each other’s witnesses. And during the day, Epic admitted that its digital PC game store still isn’t profitable. Read more

Celsius Winner Proof Group Is in Running to Relaunch FTX, Sources Say

6.11.2023
The Silicon Valley investment firm was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius

ApeFest Attendees Report Severe Eye Burn. BAYC Says Less Than 1% Have Symptoms

6.11.2023
Attendees of a ApeFest, an event hosted by Bored Ape Yacht Club creators Yuga Labs, have been receiving medical care after reporting blurred vision and burning eyes

Microsoft Listing Fake Ledger App Leads to $590K of Bitcoin Stolen by Hackers

6.11.2023
Hackers managed to steal 16.8 bitcoin [BTC] over the weekend after a fake Ledger Live app was posted on the Microsoft app store

Smart Contract Platform Llama Raises $6M From Investors Including Polygon, Aave Founders

6.11.2023
Llama aims to make governance of blockchain protocols more effective by enabling protocols to encode roles and permissions to take on-chain actions

Roger Ver Seeks Winding Up of Matrixport in Seychelles Lawsuit

6.11.2023
The investor launched a suit last year in Seychelles against Matrixport's subsidiary Smart Vega, which runs Bit.com, for confiscating $8 million, which he says Jihan Wu is keeping because Wu blames him for the collapse of CoinFLEX

Arthur Hayes Warns of Institutional Hold on Bitcoin – Innovation or Centralization?

6.11.2023
Growing institutional custody service over bitcoin is raising alarms. Arthur Hayes, the founder of Maelstrom Fund, said that bitcoin’s core value of decentralization could be at risk. In a recent podcast with Blockworks, Hayes portrayed a future where dominant financial establishments could...

Billionaire Investor Charlie Munger Sees Bitcoin’s Rise as Disruptive Threat to Traditional Finance

6.11.2023
Berkshire Hathaway’s Vice Chairman, Charlie Munger, recently reiterated his harsh critique of Bitcoin, labeling it as a threat to traditional finance in an interview with the Wall Street Journal. Munger, the long-time business partner of Warren Buffett, didn’t mince words in expressing...

Senator Lummis Takes a Stand Against SEC’s Crypto Crackdown, Says the Commission is “Overreaching”

6.11.2023
Senator Cynthia Lummis (R-Wyo.) has voiced opposition to the Securities and Exchange Commission’s ongoing crackdown on the cryptocurrency industry. In an interview with Yahoo Finance, she expressed her concerns about the regulatory agency’s actions and vowed to block one of...

Crypto portfolio management platform MC2 Finance joins Cointelegraph Accelerator

5.11.2023
Decentralized crypto wealth management platform MC2 Finance becomes the latest participant of the Cointelegraph Accelerator program

Aave’s GHO Stablecoin Grapples With Dollar Peg Stability: Liquidity Fixes on the Horizon

4.11.2023
The decentralized finance (defi) protocol Aave’s stablecoin asset called GHO has been struggling to keep its peg to the U.S. dollar. While it is coasting along at $0.966 per unit at the time of writing, five days ago it tapped an all-time low at $0.917 per coin. Aave’s Liquidity Committee aims...

Study: Stablecoin Activity the Highest in Q3 of 2023 With Approximately 400K Daily Active Addresses

4.11.2023
By the end of Q3 2023, activity in the stablecoin category as measured by the number of daily active addresses (DAA) stood at over 400,000 — the highest in any category. In the decentralized finance (defi) category — the next highest-ranked category — the number of DAAs at...

DeFi Protocol SafeMoon Still Running Despite Securities Violations

3.11.2023
Decentralized finance (DeFi) protocol SafeMoon has addressed the recent litigation by the United States Securities and Exchange Commission (SEC), expressing its intent to seek a resolution. We are reviewing the recent news and we of course take these issues extremely seriously. As we receive more...