Monday, February 24, 2025
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Native USDC on Cosmos to Fill Vacuum Left by Terra’s UST Stablecoin

Cosmos’s fledgling decentralized finance (DeFi) ecosystem previously relied on the promise of Do Kwon’s digital dollar, and the algorithm that supposedly backed it, to build up its on-chain lending, borrowing and exchange markets. When UST came crashing down, its role was assumed by various different stable currencies – the most

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Tornado Cash saga left a void, says Chainalysis chief scientist: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Chainalysis chief scientist shared his views on the Tornado Cash saga and said that the incident has left a void for illicit fund mixing services,

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Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’ – Finance Bitcoin News

Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion was erased from the crypto market and the Crypto Fear and Greed Index continues to slide lower, edging toward “extreme fear.” Furthermore, the chief

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Crypto winter has 250 days left if the market cycle repeats: Grayscale

Grayscale Investment's latest Insight report provides interesting food for thought, pinning the start of the current bear market in June 2022,  which could last another 250 days if previous market cycles are to repeat themselves.Grayscale notes that cryptocurrency markets mimic their conventional counterparts with cyclical movements. Bitcoin (BTC) market cycles conventionally last

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