Cryptocurrency Analysis and News Portal
Stablecoin issuer Tether maintains a liquidity cushion of nearly $3.3 billion to provide stability to the Tether ecosystem and garner trust among shareholders. Tether’s reserves report as of Aug. 24 reveals a combined surplus in shareholder capital cushion of $3.29 billion — spread over 15 blockchain ecosystems. Apart from Algorand and
Read More
"Like us, the [Woorton] team has a TradFi background, but with the same crypto and digital assets laser focus. Together we are a combination of highly complementary businesses that deliver multi asset breadth and depth to clients in the EU market,” Thomas Restout, head of EMEA at B2C2, said. Source
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In July, Kraken reinforced its dominance as the top platform for altcoin trading in the US. Kaiko reports reveal that Kraken commanded nearly 50% of the market depth for the top 10 altcoins. On Aug. 9, Kaiko’s research
Read More
The world of cryptocurrency exchanges, often clouded with volatility and competition, has recently been witnessing a distinct shift in dynamics, particularly as
Read More
"He [Erogov] borrowed FRAX using CRV as collateral on Fraxlend. However, because people are withdrawing FRAX from the pool, fearing bad debt in the event of CRV liquidation, the APY has significantly increased," Ignas explained. "He now needs more FRAX deposited to that CRV/FRAX lending pool. That's why the introduction
Read More
Coinbase’s Layer 2 blockchain has another problem on its hands. Source
Read More
Base, built by crypto exchange Coinbase on OP Stack, launched its testnet in January and opened to builders in mid-July basis the submission of applications to Base. Traction has been scant, so far, except for Sunday when the likes of BALD led to a sudden rush in capital - and
Read More
Paradigm, a separate entity from the venture capital firm of the same name, said Paradex is a hybrid derivatives exchange that combines the liquidity and performance of centralized finance CeFi with DeFi’s transparency, trustlessness and self-custody. Original Source
Read More
Amid the growing popularity of layer-2 scaling solutions based on zero-knowledge (ZK) proofs, decentralized finance liquidity protocol Symbiosis has added support for Linea, a zkEVM-based scaling solution for cross-chain swaps developed by ConsenSys.Symbiosis said in a statement that Linea is a developer-ready zkEVM rollup, which means it is Ethereum-compatible and
Read More
The Cosmos-based decentralized exchange Osmosis (OSMO) has launched a new “concentrated liquidity” feature, according to a July 12 announcement from the app’s developer, Osmosis Labs. The new feature allows liquidity providers (LPs) to choose a minimum and maximum price to offer to buy or sell crypto.Osmosis user interface. Source: OsmosisThe
Read More