Regulation
Crypto Lender Hodlnaut Applies for Creditor Protection in Singapore
Crypto lending platform Hodlnaut has filed an application to be put under creditor protection in Singapore. Source link
Month: August 2022
Ethereum
Acala Stablecoins Near $1 Peg After Community Burns 1.2B aUSD Minted by Exploiters
Acala’s native stablecoin, aUSD, came close to regaining its peg to the U.S. dollar after the Polkadot-based decentralized finance (DeFi) platform burned over 1.2 billion aUSD tokens that were minted by exploiters over the weekend […]
Bitcoin
DeFi Firms Iron Bank, Yearn Finance Join Layer 2 Protocol Optimism
Developers of the DeFi protocols said that layer 2 networks offer improved security and capital efficiency for users. Source link
Market Analysis
Latin America’s Biggest Investment Bank Pactual Launches Crypto Trading Platform
BTG Pactual, Latin America’s largest investment bank, has launched a crypto trading platform called Mynt. Investment broker XP also launched its platform on the same day. Latin America’s large investment bank, BTG Pactual, has launched […]
Market Analysis
Federal Reserve Issues Final Guidelines for Crypto Companies Looking to Open Master Accounts
The United States Federal Reserve issued final guidelines that will be used to evaluate crypto company requests for master accounts. The United States Federal Reserve has issued a final guideline to cryptocurrency companies to open […]
Market Analysis
Investors Dump $1.6B in USDC for USDT Amid Regulatory Clampdown
Investors moved around $1.6 billion from USDC to rival stablecoin USDT over the past month as regulators in the U.S. clamped down on cryptocurrency companies. A significant sum switched over to USDT after Aug. 10, […]
Regulation
Indian Finance Minister Asks Crypto Investors to Exercise Caution as Authorities Investigate Exchanges – Regulation Bitcoin News
India’s finance minister has cautioned investors about cryptocurrency as the country’s Enforcement Directorate (ED) investigates a number of crypto exchanges and freezes the assets of some trading platforms. Indian Finance Minister Cautions About Crypto Indian […]
Market Analysis
Will it Keep Rising? Peter Brandt and David Gokhshtein Weigh In
SHIB is currently one of the most talked-about cryptocurrencies on the market. In the past couple of days, there has been a rise in the price of the memecoin, which has recorded an increase of […]
Bitcoin
Bitcoin and Ether Fall; Angry That Hodlnaut Has Frozen Your Funds? Too Bad, It’s in the Terms and Conditions
Ether followed a similar pattern, rising over $2,000 late Sunday before falling below $1,900. The second largest crypto by market cap was recently down roughly 2.5% from the previous day, although well above levels earlier […]
Market Analysis
NFTs Backed By Gold and Precious Metals Can Create a Robust Portfolio
NFTs: What could non-fungible tokens and gold possibly have in common? More than you think, says Ahren Posthumus, the CEO of NFT marketplace Momint. The NFT sector has been hit hard by the crypto market’s […]