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Drift secured $15 million in emergency financing so it could pay back its users, Leow said. She declined to state the terms or who provided it, but said Drift’s investors were involved. Though team developers quickly patched the bug, the protocol remained offline until November, when mainnet testing for v2
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Good morning. Here’s what’s happening this morning:Market moves: Bitcoin continues to drift below $60,000 as Biden tees up his pick for Federal Reserve chair.Technician’s take: Momentum is still positive on a weekly basis, which is consistent with a bullish uptrend.Catch the latest episodes of CoinDesk TV for insightful interviews with
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While the blockchain network Solana’s native token has skyrocketed in value this week jumping 31.4%, the Solana-based perpetual swap platform Drift Protocol announced it raised $3.8 million from strategic investors. At the same time, Drift announced the launch of its alpha mainnet after several months of “grind, hard work, debugging,
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Bitcoin Prices Turbulent As Exhausted Indicators Drift In A Volatile Distribution Area May 11, 2020 by Ramiro Burgos Bitcoin Prices are taking a wild ride during the run up to the bitcoin mining reward halving. Along with major world shakeups due to Covid-19 keeping the cryptocurrency markets in flux. Also Read:
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Bitcoin price started a strong recovery above the $8,000 and $8,200 resistance against the US Dollar.The price is up more than 5%, but it is facing a strong resistance near the $8,500 level.Yesterday’s highlighted major bearish trend line was breached with resistance near $8,080 on the hourly chart of the
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