Search
Lending Platform MakerDAO Approves ‘Constitution,’ Moves Forward With ‘Endgame’ Plan
27.3.2023
The approved proposal aims to set a new foundation for the largest decentralized lending protocol’s major restructuring called “Endgame.”
CFTC Sues Binance, CZ Over 'Willful Evasion' of U.S. Laws, Unregistered Crypto Derivatives Products
27.3.2023
Crypto exchange Binance and its CEO Changpeng 'CZ' Zhao has been sued by the Commodity and Futures Trade Commission (CFTC)
Wassies NFT Prices Surge as Crypto Twitter Lore-Themed Hotel Opens in Singapore
27.3.2023
A room at the Wassie-themed hotel goes for $129 a night as of Monday
Franklin Templeton Sees Web3 Driving Next Wave of Tech Innovations
27.3.2023
In a new report, the asset management giant outlines tech-driven megatrends that are shaping society, including decentralization
MicroStrategy Pays Off Silvergate Loan, Buys More Bitcoin
27.3.2023
The company in March 2022 had borrowed $205 million from Silvergate Bank
‘The Only Way to Truly Scale Blockchains Is to Parallelize Processing’ Says Piers Ridyard
27.3.2023
Despite being touted as the possible panacea, decentralized finance (defi) still faces obstacles which greatly diminish the prospects of mainstream adoption, asserts serial entrepreneur and CEO of Radix DLT, Piers Ridyard. Ridyard added that while defi is seen as “a fantastic proof...
FTX Bankruptcy Estate Consolidates Arbitrum Airdrop Tokens Into Single Wallet
27.3.2023
A wallet controlled by the FTX bankruptcy estate has received tranches of the Arbitrum airdrop from several wallets linked to Alameda Research, on-chain data shows
First Citizens to Buy Silicon Valley Bank's Deposits, Loans in $55.5B Agreement With FDIC
27.3.2023
Federal Deposit Insurance Corporation says the 17 former branches of Silicon Valley Bank will re-open as First Citizens Bank & Trust Company on Monday, March 27
Euler Finance gets back $90 million from hacker
27.3.2023
It happened to be a little before two weeks ago when the lending protocol, Euler Finance, went through an enormous amount of loss pertaining to its assets. This happened to have been the handiwork of a hacker. However, recently he has sent back the amount of 51,000 ETH, which happens to be...
$4M 'exit scam' suspected as Kokomo Finance flies off radar, token plunges
27.3.2023
Kokomo Finance's social media presence and websites are offline, while the price of the KOKO token fell more than 95% within a matter of minutes
A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking
27.3.2023
Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyoming, a financial institution that holds $1.08...
First Citizens Nearing Deal for Silicon Valley Bank: Bloomberg
27.3.2023
Raleigh, N.C.-based First Citizens is the 30th largest bank in the U.S., with $109 billion in assets, and recently completed an acquisition of New York-based commercial lender CIT
A Million-Dollar Bitcoin Bet, Financial Crisis Warnings Abound, and Ordinal Inscriptions Surpass 500,000 — Week in Review
26.3.2023
Venture capitalist Balaji Srinivasan says hyperinflation is happening now, and is making million-dollar bets that the price of bitcoin will reach $1M in 90 days. In related news, myriad voices from the world of finance are sounding off about inflation, recession, and a brewing economic crisis....
Euler Finance Hacker Returns $100 Million in Surprising Act – Here's What Happened
26.3.2023
In a remarkable development, the Euler Finance exploiter has returned a huge portion of the $200 million stolen funds to the protocol.
According to data aggregated by blockchain security firm BlockSec, the Euler Finance hacker has been returning the stolen funds over the past 24 hours. With...
Euler Finance exploiter returns over 58,000 stolen Ether
25.3.2023
ETH worth over $101 million had been returned to the lending protocol as of March 25. The exploiter still controls part of the stolen assets
Euler Finance Hacker Sends 51,000 Stolen Ether Back to Protocol
25.3.2023
EUL tokens jumped 47% on the transfer of tokens
Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate
25.3.2023
On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher. Currently, bitcoin miners have not been deterred by the increases, as the network hashrate has been coasting along at 346 exahash per second (EH/s). Bitcoin...
NFTX DAO Eyes Treasury Rebalancing After USDC Wobbles
24.3.2023
The decentralized autonomous organization’s token holders are voting to diversify $2 million of its treasury’s assets amid a turbulent crypto market
Shares of Deutsche Bank, Other Euro Lenders Tumble
24.3.2023
Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank...
Arbitrum airdrop hype grips DeFi world: Finance Redefined
24.3.2023
The Arbitrum airdrop has created quite a hype in the DeFi industry, with several fake airdrops and exploits leading up to the distribution