THORChain, a decentralized exchange and one of the liquid decentralized finance protocols by total value locked, plans to release “Lending” in 2023. It is a feature THORChain says will complete their...
News
QNT Price Rises Above $100 Level
The bullish rally for Quant price began at the start of 2023 when the price started to rise from the low of $104.5, forming an annual high at $165. The rally caused an increase of 58% in a month. Quan...
Jimbos Protocol offers deal to hacker, threatens police action
The team behind exploited decentralized finance (DeFi) app Jimbos Protocol has offered a deal to the app’s exploiter: Keep 10% of the funds and return the other 90%, or face prosecution. Otherwise, th...
DOJ asks Bahamian government if newer charges against Bankman-Fried violate extradition deal
After former FTX CEO Sam Bankman-Fried challenged criminal charges filed against him after he was extradited from the Bahamas, the U.S. Justice Department is seeking a specialty waiver from the Bahama...
Former Coinbase Employee, U.S. SEC Settle Insider Trading Charges
“We allege that Ishan and Nikhil Wahi, respectively, tipped and traded securities based on material nonpublic information, and that’s insider trading, pure and simple,” he said. “The...
Buying a bank will not fix crypto’s debanking problem – Cryptopolitan
Binance CEO Changpeng Zhao (CZ) has voiced concerns about the company’s plans to acquire traditional financial institutions. He said that issues including complex regulations and high capital requirem...
USDT Issuer Tether Invests in Green Bitcoin (BTC) Mining in Uruguay
Vladislav Sopov Tether Limited, cryptocurrency heavyweight behind largest stablecoin USDT, announces it is joining Bitcoin (BTC) mining segment Contents Tether (USDT) invests in sustainable crypto min...
BTC value upgrades to $27,719 as bulls exhibit control – Cryptopolitan
The Bitcoin price analysis for today shows that bulls are exhibiting control over the short-term market sentiment. After a brief period of consolidation, BTC is back on its uptrend and has surged abov...
Sony Embraces the Future: Investing in Web3, NFTs, and Metaverse Startups
Through a breakthrough incubation program, Sony, the famous Japanese corporate juggernaut, is making aggressive inroads into the realms of Web3, non-fungible tokens (NFTs), and the metaverse. Sony hop...
Gaming Crypto Token Qwan to Launch via Ethereum on May 31 Supported by Horizen Labs Ventures
The Qwan tokens have a total supply of 1 billion with about 455 million, representing 45.5 percent, being allocated to the ecosystem’s treasury. The Qwan, a Web3 crypto token geared towards revolution...
How President Bola Tinubu Can Improve Nigeria’s Crypto Sector
Bola Tinubu’s emergence as Nigeria’s President could improve the country’s crypto industry. Irregular frameworks have plagued the Nigerian crypto space for many years. The Nigerian crypto industry exp...
Binance restarts TORN deposits on ETH and BNB blockchains
On May 20, 2023, Binance made an announcement on Twitter that “Due to circumstances surrounding the protocol, Binance will temporarily pause $TORN deposits until further notice.” The exchange has sinc...
Texas Closes Legislative Session Without Penning Crypto Policy
Texas closed its regular legislative session Monday, leaving crypto bills in limbo for potentially 19 months. Texas is one of four states on a biennial legislature schedule, meaning state lawmakers o...
Solana (SOL) Price Should Be ‘Bare Minimum’ 3x Higher, According to InvestAnswers
A popular crypto analyst thinks that the Ethereum (ETH) competitor Solana (SOL) is dramatically undervalued. In a new update, the anonymous host of InvestAnswers tells his 444,000 YouTube subscribers ...
Shiba Inu’s Certik AAA Rating Restoration Boosts Community Trust
3 hours ago | 2 mins read Altcoin News Certik utilizes over 15 signals to measure security performance across six categories. Shiba Inu’s rank on Certik Security Leaderboard has jumped from 51 to 33. ...
Binance considers allowing investors to hold collateral in banks
Binance is exploring the possibility of letting some of its institutional clients hold their trading collateral for margin trading in spot and derivatives at a bank, according to Bloomberg. The exchan...
Negative Crypto Sentiment Pervades Institutions, Bitcoin, and Altcoins Witness Sell-Offs: CoinShares
Digital assets manager CoinShares says institutional investors are weathering negative sentiment on the market as Bitcoin (BTC) and altcoins suffer major outflows for the sixth week in a row. In its l...
USDC Backing Maker’s Stablecoin DAI Plummets to 23%
The market’s largest decentralized stablecoin got a minor decentralization boost. At press time, the amount of Circle’s USDC stablecoin backing MakerDAO’s DAI has hit 23.6%. This figure was a whopping...
Jimbos protocol offers deal to attacker following exploit – Cryptopolitan
In a recent incident, the team behind the decentralized finance (DeFi) application Jimbos Protocol has taken a unique approach to deal with an exploiter who drained $7.5 million from its treasury-owne...
Tracking Crypto Wallets for Secret Revelations
The opioid crisis remains a harsh reality in the United States. Over 100,000 souls are lost each year, a statistic that the Centers for Disease Control reports with chilling regularity. An unexpected ...
Debt Ceiling Deal Would End Freeze on Student Loan Payments. Sofi Stock Jumps.
Text size SoFi Technologies stock has fallen 24% over the past year. Gabby Jones/Bloomberg The debt-ceiling agreement struck over the weekend would reinstate government student loan repayments, which ...
BRC-20 Tokens: Bitcoin’s Ordinal Inscriptions Hit Whopping 10 Million
In a significant milestone for the Bitcoin ecosystem, the number of Bitcoin Ordinals Inscriptions has exceeded 10 million, showcasing the increasing utilization of this innovative feature on the block...
Cardano Records Massive Increase in its Defi Activity and TVL
Recently, the Cardano network’s Total value locked (TVL) in the DeFi sector saw an extraordinary rise reaching heights of $171 Million. The increase to $171 Million marks the network’s 200% growth sin...
Bitcoin Price Analysis: A Very Volatile May
BTC/USD Concluding a Volatile Month: Sally Ho’s Technical Analysis – 31 May 2023 Bitcoin (BTC/USD) experienced elevated volatility early in the Asian session as the pair orbited the 28000 figure afte...
Can You Pass This Social Security Quiz? Nearly 7 in 10 People Struggle With These Basic Questions
Pop quiz: True or False – Social Security retirement benefits are subject to income tax just like withdrawals from a traditional IRA account. If you answered “False,” you’re smarter ...
South Korea Real-Time Surveillance Freezing Funds Binance
South Korea has outlined its intention to introduce a system that enables the real-time monitoring of wallet addresses and facilitates the freezing of funds on various crypto exchanges, including Bina...
Avax Price Gains Bullish Momentum
The Avax price has been consolidating in a wide range since the start of 2023 ranging between $14 and $21.30. Avalanche price in the month of March received a strong rejection from the $14 level and s...
Hong Kong & UAE Join Forces To Bolster Crypto Regulation
Crypto News: As the global crypto industry gains prominence, several countries have been proactively working towards regulating this new asset class. While the United States has taken a stricter stanc...
Laos pushes for digital transformation in its blockchain conference – Cryptopolitan
Laos, a Southeast Asian nation, recently made strides in embracing digital technology and blockchain. In a significant move, the Laotian government organized its inaugural Ministerial Conference on Bl...
Rare Crypto Signal Emerges That Could Spark Another 2017-Style Boom
A rare crypto technical indicator signal has appeared for the first time in over six years. The last time it fired, the total cryptocurrency market cap climbed more than 7,000% and put the asset class...
Shiba Inu (SHIB) Important Alert Issued by Japanese Exchange BitFlyer
BitFlyer, one of the largest crypto exchanges in Japan, has made an announcement that is of importance to SHIB holders and users. In a new tweet, the Japanese crypto exchange announced it has decided...
Which Crypto Will Give 1000% Gains in 2023?
The crypto market has been buzzing with excitement lately as Bitcoin experiences ups and downs, leaving investors wondering which cryptocurrency will deliver massive gains in 2023. While Bitcoin’s fut...