July 14, 2022 Why This Cardano Based Lending Platform Records A 20% Up In TVL Data from DeFi Llama records a massive increase in the total value locked (TVL) of FluidTokens, a Cardano-based lending protocol. This blockchain deployed its…
July 14, 2022 OpenSea lays off 20% of its staff, citing ‘crypto winter’ The bear market in Bitcoin and altcoins has had a negative impact on staffing levels at major crypto companies, including exchanges, lending platforms and…
July 14, 2022 OKX set for expansion in the UAE after VARA license Popular cryptocurrency exchange OKX has for long had plans to expand its operations in the UAE. It has now been given provisional regulatory authorization…
July 14, 2022 Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters During the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S. dollar. On July 13,…
July 14, 2022 CleanSpark scoops up 1K+ mining rigs at ‘substantially discounted price’ “We are seeing unprecedented opportunities in this market,” said CleanSpark president and CEO Zach Bradford. Crypto mining firm CleanSpark announced the purchase of more…
July 14, 2022 Principles for Financial Market Infrastructures should be applied to stablecoins: BIS The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) of the Bank for International Settlements (BIS) published…
July 14, 2022 Circle discloses full breakdown of $55.7B USDC reserves As of June 30, about 75.6% of Circle’s reserves were held in U.S. Treasuries and 24.4% were held in cash at regulated financial institutions….
July 14, 2022 3 reasons why Polygon (MATIC) is up 100%+ during a bear market Steady adoption and internal growth back MATIC’s 118% gain, even as most altcoins struggle to hold on to their short-term gains. Unlike bull markets…
July 14, 2022 CFTC labels 34 crypto and forex firms as unregistered foreign entities “Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin Johnson….
July 14, 2022 Ethereum: Expect this from ETH after the low volatility phase Ethereum [ETH] insisted on its sideways momentum while its market consolidated over the last month. Post the bearish flag breakdown, buyers have not been…