Decentralized finance (DeFi) stablecoin platform MakerDAO has proposed Spark Protocol. The new system is based on the Aave lending protocol’s smart contracts. On Feb. 8, the Spark Protocol proposal was posted on the MakerDAO governance […]
The troubled mining firm had to sell its biggest facility to stave off bankruptcy. Source link
Decentralized finance (DeFi) protocols like Flux rely on smart contracts instead of middlemen to provide financial services, such as lending and borrowing, to users. On the other hand, yield farming refers to users getting rewarded […]
Liquidators have criticized 3AC co-founder Kyle L. Davies for failing to comply with a subpoena. They have requested a new order with a deadline of March 16. Liquidators for bankrupt crypto hedge fund Three Arrows […]
Robinhood published its financial results for Q4 and the full year of 2022, revealing that it had missed its earnings and revenue expectations. Popular trading platform Robinhood has published the financial results for Q4 and […]
The value of staked assets was about $42 billion in the fourth quarter of 2022, with annualized staking rewards of $3 billion, according to a report from Staked, a non-custodial staking service provider. That figure […]
It has been a wild year for the holders of Render Network’s native RNDR token thus far. Despite starting 2023 at a modest $0.4008 price, outside the top 100 ranking, the ERC20 token has delivered […]
The latest victim of the ongoing industry contagions is crypto ATM operator Cash Cloud. On Feb. 7, the company, which operates under the name Coin Cloud filed for chapter 11 bankruptcy. It is the latest […]
The SEC has declined to comment on rumors that it intends to classify tokens that allow staking as securities. Source link
Coinbase CEO Brian Armstrong has called out the SEC over rumors that it is looking to ban crypto staking services in the U.S. Coinbase CEO Brian Armstrong has criticized recent rumors around restrictions on crypto […]
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