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Hector Network Votes to Liquidate $16M Treasury Following Multichain, Fantom Losses
17.7.2023
Hector Network's HEC and TOR tokens, and its treasury, suffered major losses related to Multichain. The project is based on Fantom
Another Hack On Arbitrum Seeks Rodeo Finance To Lose $885k, DigiToads Code Proven To Be Super Secure
17.7.2023
The world of decentralized finance has once again been shaken by a recent security breach on the Arbitrum network, resulting in Rodeo Finance (RDO) suffering a significant loss of $885,000. Amidst the incident, DigiToads (TOADS) is the latest crypto project that stands out for its exceptional...
RBI and the Central Bank of the UAE exchange two MoUs
17.7.2023
The middle days of July have come with a lot of highlights for the relationship between India and the UAE. As a brief background, the Prime Minister of India was on a trip to the UAE, where he met the Crown Prince of Abu Dhabi – Zayed Al Nahyan. The purpose of the trip was …
1inch Token Surges 58% as Daily Trading Volume Spikes to 20-Month High; Investor Moves $3.7M to Binance
17.7.2023
The native token of decentralized exchange (DEX) aggregator 1inch (1INCH) has risen by more than 30% in the past 24-hours as trading volume hit $597 million, its highest level since October, 2021
Next Bitcoin Halving Event Could Be a Stress Test for Miners: JPMorgan
17.7.2023
The next halving will see a reduction in miners’ revenues and an increase in bitcoin production costs at the same time, the report said
Cathie Wood's ARK Sells Another $50.5M Coinbase Shares
17.7.2023
Microsoft And Sony Finally Reach Deal For The Future Of Call Of Duty On PlayStation
16.7.2023
Microsoft and Sony have finally reached a deal for keeping Call of Duty on PlayStation once the Activision Blizzard merger goes through. The surprise agreement comes after months of fighting between the two companies, that included a court battle with the FTC, and is a sign the acquisition is...
‘Done, Dead’ — DeSantis to Nix Central Bank Digital Currency on Day 1
16.7.2023
Central bank digital currency (CBDC) is a “massive threat” to liberty, Republican Governor of Florida Ron DeSantis is convinced. During an interview with former Fox News host Tucker Carlson, DeSantis vowed to send CBDC “to the ash heap of history” if he is elected President of the United States....
Bitcoin ETFs Can Boost ‘Overall Reputation of Certain Cryptocurrencies’ — Brighty App Co-Founder
16.7.2023
According to Nikolay Denisenko, the co-founder and CTO of the financial and earning application Brighty App, the digital version of the pound sterling can be a bridge that enables “easy conversions between different types of crypto, stablecoins, and digital currencies.” Furthermore,...
Liquid Staking Derivatives in Ethereum Swell by 1.5 Million ETH in 2 Months
15.7.2023
Over the course of the previous 63 days, there’s been a notable 16.98% surge in the quantity of ethereum (ETH) held in liquid staking derivatives protocols, with a substantial addition of roughly 1,507,285 ETH across 23 different platforms. Data reveals that Lido Finance dominates...
Coinbase to Pause Staking in California, New Jersey, South Carolina and Wisconsin
14.7.2023
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Ethereum scaling protocols drive zero-knowledge proof use: Finance Redefined
14.7.2023
The top 100 DeFi tokens had a mixed week, with most of the tokens trading in a narrow range before surging on July 13 courtesy of Ripple’s partial win in its court battle with the SEC
Crypto lender Geist Finance shuts down permanently over Multichain hack
14.7.2023
The $29 million TVL lending platform is shutting down because its oracles are misreporting Multichain token values after the exploit
Crypto Distress Prompts Fir Tree, a Hedge Fund, to Seek Profit From Turmoil
14.7.2023
“Fir Tree is at its best when we identify opportunities that are mispriced, dislocated or complex. Rarely do we encounter situations that are all three, but that is precisely what we are seeing in digital assets right now,” Fir Tree said
Binance Cut 1,000 Workers in Recent Weeks: WSJ
14.7.2023
Binance has laid off over 1,000 workers globally in recent weeks, the Wall Street Journal reported
XRP Gets Binance.US Listing as Exchange Joins Rivals’ Embrace
14.7.2023
Trading XRP on Binance.US began Friday
BlackRock CEO Larry Fink Talks Up Crypto Demand From Gold Investors
14.7.2023
The CEO of $8.5 trillion asset manager BlackRock (BLK) said "more and more" gold investors have been asking about the role of crypto over the last five years
Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120: Needham
14.7.2023
The court’s decision should moderately de-risk the regulatory pressure on the crypto exchange’s stock, which is a significant overhang on the share price, the broker’s report said
FTX, Celsius Bankruptcy Claims Can Now Be Sold on OPNX
14.7.2023
Users who held assets on bankrupt crypto firms FTX and Celsius Network can now trade their claims on the Open Exchange (OPNX)
Stablecoin TrueUSD Owner Techteryx to Take Full Control of Operation
14.7.2023
Techteryx assumed "full management full management of all offshore operations and services related to TUSD," on July 13