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Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits
2.3.2023
During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance (defi) has also increased, with its TVL accounting...
UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value
1.3.2023
A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less...
Logium V1: The Simple Way to Profit From Crypto Betting
1.3.2023
Logium, an ambitious newcomer to the world of crypto betting, has recently undergone a noteworthy refresh to better serve its users. What is Logium? Logium is a peer-to-peer platform that allows traders to bet with each other on whether the price of an asset will go up or down in value. Every trade...
Hacken Doubles Market Share with New Tokenomics Solution, Raises HAI Value
1.3.2023
Web3 security company Hacken has released the Hacken HAI Tokenomics update on March 1 — and it’s quite striking.
In particular, after transforming its community into hDAO, the company plans to give away 10% of its equity for 100,000,000 HAI tokens....
Read More: Hacken Doubles Market Share with...
Crypto Lender Voyager Received Single-Page Value Statement From Hedge Fund Three Arrows Capital
1.3.2023
Court documents show the level of due diligence carried out by Voyager Digital with regard to its investment in 3AC
Artificial Intelligence Crypto Assets Continue to Surge, Accounting for $4 Billion in Market Value
27.2.2023
Following a brief downturn in mid-February 2023, artificial intelligence (AI) crypto assets have continued to see gains over the last 30 days. Currently, out of 74 listed AI-focused cryptocurrencies, the net value of all these tokens has risen to more than $4 billion, which accounts for 0.37%...
Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder
26.2.2023
On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, founder of Tron. Liquid Staking Protocol Lido Records 150,000 Ether Inflow...
5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter
26.2.2023
2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also...
Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark
25.2.2023
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that...
3AC liquidators to sell firm's NFTs to realize value amid bankruptcy
23.2.2023
The announcement said that the sales will be commencing 28 days after Feb. 22, when the notice went out
GloryFinance and Korean Technology Venture Capital Sign a $3.5m Seed Round Investment Agreement
17.2.2023
PRESS RELEASE. Early Jan 2023, in GloryFinance’s Development office, the Project’s Core team and representatives from one of the top Korean Technology Venture Capital has signed in a seed round funding investment agreement with a value confirmed to be USD 3.5M. The funding will be under the form...
Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse
16.2.2023
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido...
Celsius's CEL Token May See 20 Cent Value in Recovery Process, Attorney Says
15.2.2023
An attorney for bankrupt crypto lender Celsius said the company might value its CEL token at 20 cents, down significantly from its current market value of 54 cents
OFAC-compliant blocks on Ethereum hits three-month low of 47%
14.2.2023
The fall to 47% comes nearly three months after the percentage of OFAC-compliant blocks reached its peak at 79% on Nov. 21
Fed Governor Warns Crypto Prices Could Fall to Zero — Says ‘Don’t Expect Taxpayers to Socialize Your Losses’
13.2.2023
U.S. Federal Reserve Governor Christopher Waller has warned that crypto prices could fall to zero at some point. “Please don’t be surprised and don’t expect taxpayers to socialize your losses” when that happens, the Fed governor stressed. Crypto Prices Could Go to Zero,...
NFT Sales Rise 18.43% This Week, Led by Ethereum’s $233.85 Million in NFT Settlements
11.2.2023
Non-fungible token (NFT) sales rose 18.43% this week, totaling $272.68 million. However, the number of NFT buyers declined by 60.31% to approximately 195,716. Ethereum NFT sales continue to lead the market, accounting for $233.85 million of the total sales, a 25.42% increase from the previous week....
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons
11.2.2023
Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility...
Gold Coins Help Zimbabwe Achieve ‘Price and Exchange Rate Stability’ — Central Bank
10.2.2023
The Reserve Bank of Zimbabwe recently revealed that some 25,188 of its value-preserving gold coins were sold between July 2022 and Jan. 13. According to the central bank governor, John Mangudya, the gold coins “have proved to be an effective open market instrument for mopping up excess...
Bitcoin Punks: Ordinal NFT Collection Soars in Value
9.2.2023
Late Wednesday night, one Ordinal Punk NFT, minted on the Bitcoin native Ordinals Protocol, sold for 9.5 BTC, about $214,000
Shark Tank Star Kevin O’Leary Says Most Crypto Tokens Are Worthless — ‘They’ll Eventually Just Go to Zero’
9.2.2023
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that most crypto tokens are worthless and they will eventually drop to zero in value. He added that he now owns seven cryptocurrencies and he is getting the same volatility he did when he owned 32 crypto tokens prior to the collapse...