Bitcoin
Stablecoin Issuer Tether Reports $700M Profit for Q4 2022
Its assets as of Dec. 31 stood at $67 billion, with liabilities of $66 billion, almost all of which relates to digital tokens issued. Source link
Month: February 2023
Market Analysis
Solana (SOL) Price Fails to Clear Resistance
The Solana (SOL) price shows weakness by failing to break out from a long-term resistance line and losing a short-term support line. The continuation of the decrease is the most likely scenario. SOL is the […]
Regulation
Decentralized Finance Giant MakerDAO to Introduce Spark Protocol, a Rival to the Aave Lending Protocol
The development of a dedicated lending protocol represents a shift in focus from MakerDAO, which has aligned its revenue model with the issuance of DAI since the latter’s inception in 2017. MakerDAO has formed Phoenix […]
Ethereum
Ethereum’s Shanghai Upgrade to Raise Staking Toward Proof-Of-Stake-Blockchain Average
It could be argued that the utility of these liquid staking protocols would be reduced as the upgrade date approaches, the note said. The counterargument is that the utility of these protocols is not limited […]
Bitcoin
Umami Finance CEO Dumps All Tokens After Week-Long Drama, Leaving Crypto Hopefuls Stranded
However, Umami temporarily stopped all payouts to token holders in early February, citing regulatory considerations, messages in Umami’s Discord channel show. This caused some discourse among community members, who said the product seem to do […]
Market Analysis
SEC could scrap crypto staking, Coinbase CEO reveals
Coinbase CEO Brian Armstrong tweeted saying The SEC could ban crypto staking Armstrong however said that crypto staking is an essential innovation in crypto. The revelation was met with criticism from Charles Hoskinson who said […]
Regulation
Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs
Whilst some of those against Ordinals cite the possibility of a rise of transaction fees as a reason to oppose them, CryptoQuant notes that an uptick in demand for block space, coupled with a rise […]
Regulation
Celsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government
Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filings warn. Source link
Ethereum
Cardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL
“This upgrade will bring new cryptographic primitives to Cardano, encouraging greater interoperability and secure cross-chain DApp development with Plutus,” IOG said Wednesday. Source link
Bitcoin
Tron Blockchain Commits $100M in Grants to Artificial Intelligence-Focused Projects
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