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Fantom's co-founder Andre Cronje classified Multichain's debacle as a "big blow" to the smart contract platform, which saw a sharp decline in activity in the past weeks as a result of Multichain's problems. According to data from DefiLlama, Fantom's total value locked (TVL) dropped from over $364 million in early May
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“I am letting you know that the Securities and Exchange Commission is investigating Barnbridge DAO and individuals associated with the DAO,” wrote Douglas Park, duly elected legal counsel to Barnbridge DAO, in a Discord message on Friday morning. Source
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The latest price moves in bitcoin (BTC) and crypto markets in context for May 31, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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The suppression of the lira stems from Erdogan’s core idea that economic growth can be hampered by raising interest rates. Turkish President Recep Tayyip Erdogan has retained his seat after winning the past presidential election in the country and while this naturally calls for celebration, the outlook of the Lira
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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Trump NFTs, take two: In case you missed out on the first round of outlandish NFTs featuring the former president in various costumes and poses, Trump’s digital trading cards are back for a second series. Although both collections sold out within a day of launch, the first series had greater
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Bitdeer's, along with other bitcoin miners, financial performance deteriorated in 2022, in part due to worsening market conditions. The firm reported revenues of $330.3 million, and a loss of $62.4 million for 2022, compared with $394.7 million in revenue and a profit of $82.6 million the year before, according to
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The bankruptcy claims exchange co-founded by failed Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, OPNX has posted minimal trading volume since going live on Tuesday. The exchange's native token, FLEX, is is down by 28% in the past 24 hours. Original Source
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On-chain liquidations occur when the value of collateral added by a user borrowing an asset slumps, and the user is then required to add more margin to avoid it being liquidated. Conversely, the user will also risk liquidation if the value of the borrowed asset rises beyond borrowing capacity. Source
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