According to DeFi data tracker DefiLlama, FluidTokens, a DeFi lending platform that allows users to lend or borrow with CNFTs as collateral, has recorded astonishing growth in Total Value Locked (TVL)...
News
New York Yankees employees can now convert their salaries into Bitcoin
New York Yankees, Major League Baseball’s most successful team in history, has taken a major step into the world of cryptocurrency with a partnership that allows the club’s employees to convert portio...
OpenSea Lays Off 20% of Staff
Devin Finzer says OpenSea will still have five years of runway “The reality is that we have entered an unpreceded combination of crypto winter and broad macroeconomic instability.” Co-founder and CEO ...
Italian Markets Pummeled After Draghi’s Government Rocked
(Bloomberg) — Italian bond and stock futures plunged to fresh lows for the day and the euro dipped back below parity with the US dollar after Italy’s Prime Minister Mario Draghi said he would of...
LBank Initiates Charity for Children in India To Support Their Academic Pursuits
Top cryptocurrency exchange, LBank, contributes to the local group — Rock and Anchor, to aid children in rural India.This charity initiative spurs from the exchange’s magnanimous effort to reach sever...
ECB Official said Banning Bitcoin and imposing Carbon Taxes On crypto Transaction due to Climate Change
ECB Official to Ban of Bitcoin and impose Carbon taxes on crypto transactions According to the latest reports of the European Central Bank (ECB), if variation in climate is found, Carbon taxes will be...
CoinFLEX to enable 10% withdrawals from July 15
Crypto trading platform CoinFLEX, which halted withdrawals on June 24, will enable limited customer withdrawals starting 5 am UTC on July 15, the exchange said in a July 14 statement. At the mentioned...
Chinese fast-fashion company Shein seeks U.S. IPO as soon as 2024: Report
Two people hold two Shein bags after entering SHEIN’s first physical store in Madrid, Spain, June 2, 2022. Cezaro De Luca | Europa Press | Getty Images Chinese fast-fashion giant Shein hopes to ...
CoinFLEX Reopens Limited Customer Withdrawals
Key Takeaways CoinFLEX has announced that customers are now able to withdraw up to 10% of their balance, excluding flexUSD. The firm also mentioned possible recovery plans including further withdrawal...
JPMorgan CEO Dimon sums up U.S. economy in one paragraph — and it sounds bad
Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Christophe Morin | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon on Thursday summarized the state of the U.S. economy in one ...
Bank of England Governor on Crypto Regulation: ‘People Don’t Fly for Long on Unsafe Airplanes’
The Bank of England has again urged regulation of cryptocurrencies, with the central governor today stating that “technology does not change the underlying risks in economics and finance.” In a speech...
Digital Transformation At Brook Furniture Rental
Nathan Sanders, CEO of Brook Furniture Retail Brooks Furniture Retail When you think about digital transformation, you probably think of multinational giants like McDonald’s or Sephora. But it’s the s...
Coinbase CEO Brian Armstrong Says Company Strained From Fast Growth, Looking for Ways To Be More Efficient
Coinbase CEO Brian Armstrong says the exchange is now facing the unwanted consequences of growing its workforce too fast. In a new statement, Armstrong says companies tend to become less efficient whe...
Jamie Dimon says economic risks ‘nearer than before’ in new warning
JPMorgan (JPM) Chief Executive Jamie Dimon doubled down on his earlier warning about the possibility of an economic downturn in comments on Thursday. The leader of the nation’s largest bank cautioned ...
Komodo (KMD) Settles Down After 180% Increase in a Day
Komodo (KMD) is currently retracing after a sharp upward movement on July 13 which left a long upper wick of 42%. It could soon make another attempt at breaking out. KMD has been falling underneath a ...
Active addresses for Ethereum hit a 2-yr low –
The digital currency area is experiencing a significant auction that has brought about its market capitalization dropping to $883 billion It is far beneath the $2 trillion it had recaptured back in M...
Impact of NFTs on patents
Even though the NFT technology is relatively new, its governing patent laws are not. NFTs in continuous expansion However, the growing popularity of innovative technologies such as NFTs, with brands ...
Coin Bureau Host Warns Crypto Markets Could Crash Further During ‘Unprecedented’ Economic Turmoil
A widely followed crypto guru is analyzing the potential repercussions of the recent US inflation data for June. In a new video, pseudonymous Coin Bureau host Guy tells his 71,400 subscribers that las...
Cryptocurrencies to Buy Before the Market Recovers
Place/Date: – July 13th, 2022 at 7:38 pm UTC · 3 min read Source: Xchange Monster Now that cryptocurrency prices are excessively low and it’s possible to acquire market-leading crypto tokens for...
Swiss Post Bank Building In-House Crypto Custody Platform
As the demand for cryptocurrency custody among users in Switzerland increases, the Post Office of Switzerland is planning to introduce cryptocurrency trading through its banking subsidiary, PostFinanc...
Investors put $2.5 billion into companies
A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022. SpaceX Private investment in space companies dwindled in the second quarter — weighed down by broader economic and...
With a Gigantic Drop in the CEL Price Holders Try To Recover With a CELShortSqueeze!
Celsius Network shook up the entire crypto space with bankruptcy filing during the early trading hours. The native token CEL also responded negatively as the asset withstood a drop of nearly 50%. Howe...
Powell, Clarida cleared of wrongdoing in Fed trading controversy
Federal Reserve Board Chairman Jerome Powell speaks to reporters after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflati...
Degrain (DGRN) presale token could 10,000x by this time next year beating Sandbox (SAND) and Decentraland (MANA)
Novice crypto traders seek out ventures with significant room for expansion. But experienced traders hunt for cryptocurrency ventures that will deliver a long-term return by approaching trading, such ...
Key Offseason Moves By Each NFC North Team In 2022
The Vikings will have to contend with Aidan Hutchinson, drafted with the No. 2 pick by the Detroit … [+] Lions, for the foreseeable future. (Photo by Justin Casterline/Getty Images) Getty Images...
Is Ethereum Staging a Short-Term Rally? (ETH Price Analysis)
Yesterday, with the announcement of the inflation rate in the United States, the market experienced a sharp decline. Ethereum briefly dropped by $103, but the bulls held the price above $1,000. Techni...
DeFi solution offers 24/7 real-time check on liquidation risk
Getting a loan with your crypto assets as collateral in decentralised finance (DeFi) has been made so easy, with protocols such as MakerDAO, Compound, Aave, and Alpaca Finance leading the way. On-chai...
Ripple’s Case Against SEC Boosted As Judge Strikes Down “Hypocrisy” Claim – crypto.news
Another twist is the long-drawn legal tussle between a crypto exchange, Ripple, and the U.S. Securities and Exchange Commission (SEC). Judge Sarah Netburn, the Magistrate attorney, has slammed the age...
Why MATIC is siding with bulls to register ‘Disney’ gains
The entire cryptocurrency market seems to be recovering at a slow pace after an immense sell-off period. MATIC has been one of those coins which have successfully made its investors happy over the pas...
The Wing CEO Exits After Five Months in Top Job
The chief executive of women-focused co-working company the Wing, Jen Cho, has left the company after fewer than six months in the role. Ms. Cho declined to comment on her reasons for leaving the comp...
Fundraising In A Bear Market: How This Web3 Startup Got $5 Million
The crypto bear market has had a number of implications, one of these has been in the ability of Web3 projects in the space to make money. However, not every project has run into the problem of diffic...
Celsius token loses 85% of its value as investors lose life savings
Celsius inventors, a cryptocurrency lending firm that declared bankruptcy less than two weeks after halting client withdrawals continue to suffer losses. Following the suspension of withdrawals and th...