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Bankrupt Crypto Lender BlockFi Takes Two-Thirds Haircut to Settle Bitcoin Miner Bitfarms' Debt
9.2.2023
The miner had recently warned it might stop paying off the debt to BlockFi
Digital Gold Traded for Digital Rubles by Russia’s Rosbank
9.2.2023
Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking...
Yield farming is live on Bitcoin․com’s Verse DEX with ~80% APY
9.2.2023
Bitcoin.com is excited to announce that Verse Farms are live on the Verse DEX. Anyone can now deposit select Liquidity Pool (LP) tokens into Verse Farms to earn additional rewards on top of the trading fees already earned for providing liquidity. The first Verse Farm is for the VERSE/ETH pool with...
DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol
9.2.2023
MakerDAO, the DeFi organization that facilitates the generation of the DAI stablecoin, is releasing Spark Protocol – a lending platform that will rival Aave
Stablecoin Issuer Tether Reports $700M Profit for Q4 2022
9.2.2023
Its assets as of Dec. 31 stood at $67 billion, with liabilities of $66 billion, almost all of which relates to digital tokens issued
Umami Finance CEO Dumps All Tokens After Week-Long Drama, Leaving Crypto Hopefuls Stranded
9.2.2023
The move followed on the back of Umami making changes to how its value accrual token worked
JPMorgan: Ethereum’s Shanghai Upgrade to Raise Staking Toward Proof-Of-Stake-Blockchain Average
9.2.2023
Ethereum’s staking ratio is around 14% compared with an average of 60% for the other major PoS blockchains
CryptoQuant: Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs
9.2.2023
Transactions are coming from the popularity of the recently-deployed protocol Ordinals, which allows for NFT-like tokens to be stored on-chain
Arthur Hayes bets on Bitcoin, altcoin surge in H1 2023 as he buys BTC
9.2.2023
The ex-BitMEX CEO announces a BTC deployment "over the coming days" amid hope that the good times will last for crypto until the middle of the year
Celsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government
9.2.2023
Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filings warn
Bitzlato Co-Founder Anton Shkurenko Arrested in Russia, Report
9.2.2023
Russian authorities have reportedly arrested the second co-founder of seized cryptocurrency exchange Bitzlato. The man, who recently promised to restore the platform’s operations from Russia, was detained at the request of Interpol and may face extradition to France. Another Co-Founder...
Tron Blockchain Commits $100M in Grants to Artificial Intelligence-Focused Projects
9.2.2023
The commitment comes as AI-focused tokens take over the narrative in crypto circles
Cardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL
9.2.2023
“This upgrade will bring new cryptographic primitives to Cardano, encouraging greater interoperability and secure cross-chain DApp development with Plutus,” IOG said Wednesday
Flux Finance Launches Lending Token Collateralized by U.S. Treasury Debt
9.2.2023
Flux Finance invests in Ondo’s Short-Term U.S. Government Bond Fund (OUSG) a tokenized version of a Blackrock Treasury Bond ETF
CEO of Bitcoin Miner Argo Steps Down
9.2.2023
The troubled mining firm had to sell its biggest facility to stave off bankruptcy
Nigerian President Barred From Extending Old Naira Banknote Demonetization Deadline
9.2.2023
With just a few days left before the old naira banknotes are demonetized on Feb. 10 as scheduled, a court in Nigeria has blocked the country’s president, Muhammadu Buhari, and the central bank governor, Godwin Emefiele, from further extending the deadline. Opponents of the central...
Blockchain Fest Singapore 2023: A Gathering of Thought Leaders in the Blockchain Industry
9.2.2023
FINEXPO is excited to announce the upcoming Blockchain Fest Singapore 2023, set to take place on the 16th and 17th of February 2023 at Marina Bay Sands Convention Center Singapore. This premier event will bring together some of the most visionary individuals in the blockchain industry from around...
Ether Liquid Staking Tokens Jump on Rumors of SEC Ban for Staking Providers
9.2.2023
Coinbase CEO Brian Amstrong said Wednesday night he heard rumors about a possible ban on staking providers in the U.S
Indian Crypto Exchange Wazirx Calls Binance’s Allegations ‘False and Unsubstantiated’ — Seeks Recourse
9.2.2023
Indian crypto exchange Wazirx has denied the allegations made by Binance regarding the relationship between the two crypto exchanges. Emphasizing that the allegations “are false and unsubstantiated,” Wazirx stressed. “As far as Binance’s actions are concerned, we are taking...
Lido DAO Governance Token Surges on Armstrong Comments About SEC Staking Ban
9.2.2023
The SEC has declined to comment on rumors that it intends to classify tokens that allow staking as securities