Cryptocurrency Analysis and News Portal
The Ethereum blockchain does not appear to have profited from this recent revival in DeFi and NFT activity, and faces issues related to its “network scalability, low transaction speeds and higher fees,” and increased competition from other layer-1 chains, the report said. Source
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The crypto market, led by Bitcoin and Ether, has shown resilience following the U.S. Department of Justice’s $4.3 billion settlement with Binance, amidst varied reactions across different crypto assets and exchanges. In a Nov. 27 development, the cryptocurrency market has shown resilience despite the U.S. Department of Justice’s (DOJ) settlement with
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Crypto markets were subjected to a heavy dose of volatility on Nov. 21 as the United States Department of Justice (DOJ), Commodity Futures Trading Commission (CFTC) and U.S. Treasury announced a $4.3-billion settlement with Binance and that former Binance CEO Changpeng Zhao will plead guilty to one felony charge as
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Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses.According to an announcement on X (formerly Twitter), the exchange increased margin requirements on several “less liquid markets,” affecting tokens such as Eos (EOS),
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IOSCO, the global standards setter for securities markets regulation, began consulting on rules for the crypto sector in May covering issues such as market abuse, conflict of interest, client asset protection, disclosures and risks associated with crypto. Source
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Tether (USDT), the largest stablecoin by market value, has been breaking new records over the course of 2023, with its market capitalization adding at least $20 billion so far this year.According to data from the blockchain data provider Whale Alert, Tether has minted 22.75 billion USDT so far this year,
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Transfero, a major fiat onramp provider in Latin America, has partnered with the cryptocurrency trading technology company Finery Markets to launch an institutional over-the-counter (OTC) cryptocurrency trading desk, Finery Markets announced Friday. Per an announcement shared with crypto.news, the partnership will allow Transfero — which operates the Brazilian Real and Argentine
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The exploiter behind the $116-million theft of assets from Mango Markets will face trial in April next year after the accused convinced the
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Decentralized finance (DeFi) protocol Aave paused a number of markets on Nov. 4 after receiving reports of an issue affecting “a certain feature,” according to a post on X (formerly Twitter). The pause affects multiple networks, including Aave V2 Ethereum Market and certain assets on Aave V2 on Avalanche. In addition,
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Lawyers representing the $116 million Mango Markets exploiter have convinced a judge to postpone the fraud trial until April 8, 2023.Avraham Eisenberg’s fraud trial was set to commence on Dec. 4 but several circumstances impacted his trial preparations, according to his lawyers, who filed a successful motion for a continuance
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