The company has, however, received a fair amount of scrutiny over the years for its opaque reserve management, having at one point risky backing assets like Chinese commercial paper and credit to now-bankrupt crypto lender […]
It’s in that theoretical compliance where Prometheum is at odds with the vast majority of other crypto-native firms, who have long claimed the SEC makes it impossible to legally trade digital assets under the agency’s […]
Liquid restaking involves securing additional yield, or rewards, on natively staked ether. Ether.fi currently offers 3.92% and loyalty points across EigenLayer. The points will eventually be convertible to token airdrops. The liquid restaking market has […]
Ethereum powered 15% higher over the last week, reclaiming the critical $3,500 threshold for the first time since the beginnings of 2022’s crypto winter. The world’s preeminent smart contracts blockchain continues gathering upside momentum as […]
Bernstein notes that six out of the top ten revenue-generating protocols are DeFI applications. These are Uniswap, Aave, Maker, GMX, Synthetix and Sushi. “DeFi’s folly last cycle was the game of unsustainable yields that came […]
Blockchain startup Taiko is set to launch the mainnet for its scaling solution after closing $37 million in funding over three rounds from top-tier crypto investors. The fresh capital comes ahead of a planned mainnet […]
Meme coins first appeared to come into focus in late February as bitcoin, ether and Solana’s SOL jumped more than 10%. Non-serious tokens are seen as a way to bet on the growth of a […]
“Over-the-counter (OTC) trading desks are dealing with large institutional clients, and according to their aggregate inventory data, balances have decreased from nearly 10,000 Bitcoins in Q2 2023 to less than 2,000. This shows that institutions […]
Exchange data has revealed continued bullish sentiment from Ethereum traders. According to IntoTheBlock, $906 million worth of Ethereum was withdrawn from crypto exchanges last week, indicating a holding mentality among investors. This massive exodus of […]
As reported last week, the burn removes 2% of the tokens from the circulating supply. Source link
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