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Value Locked in Defi Swells by $7 Billion, Tron’s TVL Spikes 34.85%, Ethereum Dominates by 62%
7.7.2022
After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last seven days, the TVL in defi held within the Ethereum blockchain has increased by 4.47% as Ethereum’s TVL commands 62.92%...
World's first short Bitcoin ETF sees exposure explode 300% in days
6.7.2022
Since launching last month, the ProShares Short Bitcoin Strategy ETF (BITI) has eclipsed others in inflows
Study Shows Singapore Leads in NFT Searches Worldwide, Researchers Say ‘Poland Is the Most Anti-NFT Country’
5.7.2022
During the past seven days, non-fungible token (NFT) sales have dropped 23.37% and 30-day statistics show NFT sales are down 63.10% from the month prior. While NFT interest has been waning, a recent study indicates that global regions like Singapore and Hong Kong lead the pack in terms of...
Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92
5.7.2022
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s...
Ghana Changes Mind on IMF Bailout Days After Residents Staged Protests Against Worsening Economic Situation
5.7.2022
The Ghanaian government has reportedly changed its mind and will now seek a financial rescue package from the International Monetary Fund (IMF). The decision comes just a few days after residents took to the streets to protest the spiraling inflation and growing economic hardships. Ghana’s...
Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors
4.7.2022
On July 4, the crypto lending company Vauld announced it suspended withdrawals, trading, and deposits after disclosing the firm is “facing challenges.” While not naming any specific companies, the Singapore-based cryptocurrency lending platform and exchange mentioned “financial...
NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume
2.7.2022
Non-fungible token (NFT) sales have managed to stay consistent this week while the crypto economy saw more losses over the last seven days. The week prior, $152.9 million in NFT sales were recorded across 18 blockchains and during the past week, $154.3 million in sales were executed. While Ethereum...
TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals
1.7.2022
After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line from Alameda Ventures in order to “safeguard customer assets.” Five days later on July 1, Voyager announced the crypto company...
DeFi Protocol KLAP Emerges as Klaytn’s 2nd Biggest Offering in Less than a Week
1.7.2022
A new DeFi protocol is in town, attracting millions of dollars worth of crypto assets within days of its launch. KLAP, which stands for Klaytn Lending Application, is a new offering on the Klaytn blockchain that has grabbed more than $79.3 million in total value locked within a week of its launch. ...
Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%
1.7.2022
After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against the U.S. dollar in recent times. During the last seven days, LUNC has risen 96.3% and the once-stable coin UST...
Better days ahead with crypto deleveraging coming to an end: JPMorgan
1.7.2022
A strategist at JPMorgan predicts that the worst of the bear market could be over as stronger crypto firms have come in to bail out the industry in the midst of major deleveraging
My Dumbest CSS Mistakes
28.6.2022
We all make mistakes in our code. It happens! I know if I had one of those “Days Since Last Mistake” signs hanging over my desk, a big ol’ goose egg would be hovering above me all the time. It …
My Dumbest CSS Mistakes originally published on CSS-Tricks. You should get...
While Bitcoin and Ethereum Dominance Slides, Stablecoin Market Caps Reap the Rewards
28.6.2022
During the past 30 days, $285 billion has left the crypto economy and bitcoin’s USD value hit a 2022 low at $17,593 per unit on June 18. Moreover, last month’s statistics show bitcoin’s market dominance was 2.9% higher and ethereum’s market dominance was 2.1% higher than...
Terra's LUNA2 skyrockets 70% in nine days despite persistent sell-off risks
27.6.2022
LUNA2 may have bottomed in June but who just who is buying this controversial token?
Biggest Movers: DOGE Nears 20-Day High, as TRON Also Surges
27.6.2022
DOGE was trading higher on Monday, as prices rose to their highest level in almost 20 days. TRX was also in the green to start the week, as prices continued to climb, following a recent streak of bullish momentum. Dogecoin (DOGE) DOGE was a notable mover during today’s session, as prices...
Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales
27.6.2022
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that...
Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure
26.6.2022
Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds from Alameda Ventures in order to get more...
Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice
25.6.2022
After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted “people familiar with the matter” who said Celsius was hiring restructuring lawyers. At the time, the WSJ said Celsius was looking to hire...
Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M
25.6.2022
While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37%...
Polygon price jumps 60% in four days amid 'pretty big' MATIC accumulation
23.6.2022
MATIC price now eyes a 20% price rally as it undergoes an inverse head and shoulders breakout