Bitcoin
Algorithmic Stablecoin USDN Falls From Dollar Peg as Liquidity Slumps
Algorithmic stablecoin USDN, which is designed to mimic the value of the U.S. Dollar, has fallen to $0.91. Source link
Month: August 2022
Market Analysis
Bitcoin (BTC) Remains Stuck Under $22,000 Resistance for a Full Week
Bitcoin (BTC) is barely holding on to the lower portion of a corrective pattern and a minor horizontal support area. A breakdown below them could be the catalyst for a sharp downward move. Bitcoin has […]
Ethereum
Indian Exchange CoinDCX Launches DeFi Mobile App, Signaling Shift Towards Web3
Indian crypto exchange CoinDCX has launched Okto, a Decentralised Finance (DeFi) mobile app, Friday, aimed at easing the transition of crypto consumers to DeFi, co-founder Neeraj Khandelwal told CoinDesk. Source link
Bitcoin
Animoca Brands Japan Raises $45M at $500M Pre-Money Valuation
Animoca Brands Japan raised the funds from its parent firm and MUFG Bank. Source link
Market Analysis
Zipmex to Meet Thai SEC and Potential Investors to Discuss Recovery Plan
Zipmex has asked for a meeting with regulators and potential investors to present a recovery plan. The exchange also re-enabled its Z wallet. Beleaguered crypto exchange Zipmex has made multiple developments in its bid to […]
Bitcoin
Singapore’s Central Bank Asks Crypto Firms to Submit Business Data: Report
Last month, MAS had asked some digital asset companies for their business related data, including top tokens owned, top lending and borrowing counterparties, amount loaned, and top tokens staked via decentralized finance protocols, according to […]
Market Analysis
SEC Delays Decision on VanEck Bitcoin Spot ETF Application by 45 Days
The United States Securities and Exchange Commission (SEC) has delayed a bitcoin spot ETF application by VanEck, pushing back the decision by 45 days. The United States Securities and Exchange Commission (SEC) has delayed its […]
Market Analysis
Synthetix Trading Volume Reaches New Low Tumbling More Than $800 Million
Synthetix plunged in volume during July due to a significant decline in trading activity across centralized and decentralized exchanges (DEX). Synthetix was one of the best-performing DEXs in July and recorded a trading volume of […]
Regulation
Crypto Exchange Binance to Help S. Korean City of Busan Develop Its Blockchain Industry
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Market Analysis
Ethereum Developers Raise Concerns Ahead of Highly Anticipated Merge
Some Ethereum developers have been expressing concerns about the network’s upcoming ‘Merge,’ a transition from proof of work to proof of stake consensus. Péter Szilágyi, a Team Lead at an open-source platform, Ethereum, pointed out […]