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DeFi Yield Protocol Rebrands as Dypius to Help Users Embrace Metaverse Opportunities
12.12.2022
PRESS RELEASE. Bucharest, Romania,12/12/22, Chainwire: After experiencing success in the crypto space, DeFi Yield Protocol announces a complete rebranding to Dypius. The experienced team conducted several months’ worth of research to come up with the best way to represent what they had evolved into...
Report: Alameda’s Caroline Ellison Retains SEC’s Former Enforcement Division Chief
12.12.2022
After more attention has been cast on the former Alameda Research CEO Caroline Ellison, a report details that Ellison has hired Wilmerhale partner Stephanie Avakian, an attorney that worked for the U.S. Securities and Exchange Commission (SEC). The news follows leaked documentation of Ellison’s...
Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed
12.12.2022
On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi dropped 82.56% from roughly $239 billion in Dec. 2021,...
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians
12.12.2022
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spectacular crash of FTX, one of the largest such platforms, amid tightening regulations and fewer...
Oryen Network shows DeFi interest still alive after large volume of BUSD and USDC come in for presale tokens
11.12.2022
As the widespread adoption of cryptocurrency tokens soars, other strong contenders using different technologies are making their way into the crypto ring. One of the most notable crypto projects today is Oryen (ORY). Oryen’s presale success has shown that there is still lots of DeFi interest...
Astar Network CEO: Webassembly Smart Contracts Are Going to ‘Pull a Lot of Talent From Web2 to Web3’
11.12.2022
Ethereum is almost universally credited for kickstarting the Web3 revolution after it brought to life the concept of smart contracts. However, some in the Web3 community, like Astar Network’s Sota Watanabe, believe the protocol cannot “build the innovative future of blockchain...
Binance suspends trader's account after complaints on Twitter
10.12.2022
Binance CEO Changpeng Zhao said the firm doesn't want to service "unreasonable" clients
Traders Predict Binance Insolvent After No 3Commas Refund - Crypto Crash Incoming?
10.12.2022
After a Twitter user complained that Binance and CEO Changpeng "CZ" Zhao had done nothing to help them recover monies they believed were stolen from their account, Binance terminated the user's account. The client has three days to make a withdrawal request....
Read More: Traders Predict Binance...
Crypto.com Crypto Exchange Provides Proof of Reserves After Panic by Investors – Here’s What You Need to Know
10.12.2022
Crypto.com has become the latest cryptocurrency exchange to release its Proof of Reserves data from auditing firm Mazars Group, proving that its clients' assets are fully backed one-to-one.
According to a Friday blog post, auditing firm Mazars conducted the verification process, revealing that...
Report: Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX
10.12.2022
After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2 billion to $1.25 billion after it reportedly received a $35 million simple agreement for future equity (SAFE) grant from the now-collapsed crypto exchange FTX....
Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days
10.12.2022
The meme coin economy has seen its value increase 7.77% against the U.S. dollar during the last month, as the meme token market leader dogecoin jumped 29.4% higher in 30 days. Dogecoin has also managed to move from the ninth-largest market cap position to the eighth-largest crypto market valuation...
Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda
9.12.2022
On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief executive was secretly funded by Alameda Research, the now-defunct trading firm co-founded by Sam Bankman-Fried. According to the report, sources say The Block...
A year after Taproot, Bitcoin community works to unlock its DeFi potential
9.12.2022
Smart contracts functionalities on the Bitcoin network could boost adoption and provide additional liquidity to DeFi
Pokémon Cards Get Rid Of Those Hideous Yellow Borders After 23 Years
9.12.2022
The date for the all-new Pokémon Scarlet & Violet TCG cards has been revealed, along with some really excellent news: International cards are losing their godawful yellow borders! Woo-hoo! We’re at last getting the gray/silver Japan enjoys, along with a bunch of other quality-of-life...
Amber Group ditches expansion plans after denying insolvency: Report
9.12.2022
Temasek-backed Amber has raised about $50 million in funding from a new sovereign fund, with the deal to be announced in January
Nomad Bridge Prepares Relaunch Plan After $190 Million Exploit – Partial Refunds for Users?
9.12.2022
Cross-chain messaging protocol Nomad which was exploited for $190 million back in August is preparing to relaunch and provide partial refunds to affected users.
According to a December 7 blog post from the Nomad protocol team, the project has upgraded the Nomad protocol to fix the vulnerability...
Paraguayan Cryptocurrency Law Shelved After Presidential Veto
9.12.2022
The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to bring order to crypto mining and exchange activities in Paraguay, was ultimately dropped after failing to obtain the votes needed to reject the presidential...
After Bitcoin & Ethereum Price Recovery New Crypto Coins Set to Pump?
9.12.2022
The Bitcoin price is up over 2% and the ETH price nearly double that - is it time to buy new cryptocurrencies for altcoin season?
The crypto markets still have to contend with PPI data later today then CPI and FOMC next week, but at press time Bitcoin has closed four hour candles just over the...
FEC probe demanded after SBF 'admitted' to making dark money donations
9.12.2022
Sam Bankman-Fried previously told crypto vlogger Tiffany Fong in an interview that all his republican donations "were dark."
Chainlink’s First Staking Pool Pulls in $170M of LINK Tokens, Hitting Community Limit After 2 Days
8.12.2022
Staking started Tuesday, and 24.27 million LINK tokens were locked in by Thursday to secure the network