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Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit


Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). Genesis claims to have “ample liquidity to support its ongoing business operations...

Chainlink (LINK) fails to kick off a breakout repeatedly!


Chainlink (LINK) is a digital asset used to pay for services on the network. This network allows smart contracts on blockchain platforms like Ethereum to access external data and off-chain resources securely. One key feature of Chainlink is its use of a decentralized network of oracles responsible...

Swapped Finance announces partnership with Kana Labs for Shardeum


Swapped Finance recently announced a collaboration with Kana Labs. This development welcomed Kana Labs into the Shardeum, a smart contract platform. Shardeum, which was built on the Ethereum Virtual Machine (EVM), will promote blockchain through Kana Labs. Kana Labs will assist in connecting...

Report: Somalia to Fight Inflation and Counterfeiters With New Banknotes


According to the deputy governor of the Somalian central bank, Ali Yasin Wardheere, the institution plans to fight inflation and currency counterfeiters with newly issued shilling banknotes. The bank reportedly said it hopes to complete the process of replacing old and high-value shilling bills...

XRP faces tough resistance as prices consolidate below $0.40!


Ripple (XRP) is a digital asset and blockchain platform that is designed for use in the global financial system. The tokenomics of XRP centers around its use as a means of facilitating cross-border payments and providing liquidity for financial institutions. One key feature of XRP is its capability...

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