Bitcoin
Layer 2 Tokens Take Lead
The price of layer 2 network Optimism’s OP token has also surged over the past week. OP reached an all-time high of over $2.50 on Wednesday amid rising adoption of layer 2 networks. “People want […]
Month: January 2023
Market Analysis
Will Stablecoins Return to Their Former Glory in 2023?
It’s no secret that stablecoins have become a massive keystone of the crypto ecosystem. But after a rough period for the crypto market in 2022, they’re struggling to find a foothold. A large portion of […]
Regulation
Crypto Bank Silvergate Suspends Dividend on Preferred Stock
Suffering contagion from the collapse of several crypto firms last year, which came to a head with the demise of crypto exchange FTX in November, Silverbank’s stock lost around 90% of its value in 2022. […]
Bitcoin
Jihan Wu's Matrixport Cuts 10% of Staff
At press time, Matrixport had more than 290 employees serving customers in 40 countries. Source link
Market Analysis
Polygon’s Gains Network DEX volume crosses $1.5B as Polygon price reclaims $1
At press time, Polygon (MATIC) was trading at $1.09, up 8.93% in 24 hours. Gains Network DEX was initially released on Polygon before being deployed on Arbitrum. The Gains Network DEX has greatly contributed to […]
Regulation
Bitcoin Miner Argo Blockchain Faces Class Action Suit Over U.S. Share Sale
Argo Blockchain, a crypto miner whose shares trade on the London Stock Exchange (ARB) and Nasdaq (ARBK), is facing a class action lawsuit over alleged misleading statements made during the initial public offering (IPO) of […]
Ethereum
Decentralized Finance Lender Aave Deploys V3 on Ethereum Blockchain
High Efficiency Mode, also called eMode, allows users to capitalize on the highest borrowing power out of their collateral for correlated assets. Users can now leverage larger amounts of assets like wstETH (wrapped staked ethereum) […]
Bitcoin
UK's FCA Flagged Some Crypto Firms Seeking Regulatory Approval to Law Enforcement
Some of those investigations into financial crime or “direct links to organized crime” are ongoing, an official at the Financial Conduct Authority said. Source link
Market Analysis
5 Altcoins That Lead Crypto Market Gainers
BeInCrypto looks at five altcoins that increased the most from the entire crypto market this week, specifically from Jan. 20 to 27. These popular altcoins have stolen the crypto news and cryptocurrency market spotlight: Threshold […]
Regulation
Crypto Exchange Bithumb Raided in South Korean Price Manipulation Probe: Report
Prosecutors are investigating transactions related to a specific person or entity moving the price of the coin to make a profit, they said. They plan to examine transaction details at other exchanges where the coin […]