17:00 Today in Crypto: Sinapore's Banking Giant DBS Unveils Its Metaverse Concept, UK Explores 'Best Way' to Ban Cold Calling for All Financial Products Including Crypto, SBF's Layers Can 'Make Unlimited Advantage of Visitation Hours'
Introducing BTC20: The Green Bitcoin on Ethereum Launching Tomorrow – How to Buy? BTC20 Website / Source: Adobe An exciting new “green” version of Bitcoin called BTC20 is about to launch on the Ethereum blockchain, and industry experts are already hailing it as a coin with massive potential. BTC20 has the same tokenomics design as the original Bitcoin, with a maximum supply of 21 million tokens which follow […]
Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more Roar Studios will be acquired by Yuga Labs as the latter looks to onboard talent for its still-in-development Otherside metaverse. News Join us on social networks Yuga Labs accelerates Otherside plan Nonfungible token (NFT) conglomerate Yuga Labs has agreed to acquire the metaverse-building startup Roar Studios as Yuga looks to bolster its Otherside metaverse. Yuga […]
BTC20 Emerges as Eco-Friendly Alternative Amidst 1Inch Network's Price Drop Playground AI / Fareed Mindalano After staging a rally that saw 1INCH reach a multi-month high of $0.5935 on July 17, it is now experiencing a drastic pullback to the current level of $0.3274, representing a 44.84% decrease from its recent peak. What's next for 1INCH and can it reestablish its bullish momentum? 1INCH Price […]
Today in Crypto: Gnosis Released Pay and Card Products, cLabs Proposes Migrating Celo to Layer 2 Built on Ethereum, Unstoppable Domains Adds ENS-based .eth Domains
EU ‘Understands the Benefits of Having One Crypto Market’, Says Blocktrade CEO Christian Niedermüller
Singapore's Monetary Authority Enforces Crypto Lending and Staking Ban for Retail Investors Source: AdobeStock / SANCHAI Singapore's chief financial watchdog has decided to enforce a ban on lending and staking for retail customers. On July 3, the Monetary Authority of Singapore (MAS) revealed a set of new requirements for what it calls "Digital Payment Token (DPT) service providers". These rules are meant "to safekeep customer assets under […]
Staked ETH surpasses 23 million in June — Nansen Ethereum's staking ratio continues to rise since the network upgrade in April. News Join us on social networks The volume of Ether staked keeps reaching new heights since the Shapella upgrade in April, crossing 23 million Ether locked in June. According to data from analytics firm Nansen, a total of 23.3 million Ether (ETH) was staked as […]
Today in Crypto: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK Source: AdobeStock / Dragoș Asaftei Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Banking news JPMorgan expanded its blockchain-based payment system, JPM Coin, to include euro-denominated transactions for corporate clients, Bloomberg reported. JPM Coin, which the bank launched in 2019, went […]
Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down Source: AdobeStock / Jade Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Exchange news The Tel Aviv Stock Exchange (TASE), the operator of Israel's public equity trading platform, plands to expand authorized activities to allow customers of its nonbanking members to […]
How Bitcoin can help secure proof-of-stake blockchain protocols Stanford University professor David Tse has pioneered a way to use Bitcoin to secure proof-of-stake blockchains. Interview Join us on social networks The Bitcoin network’s proof-of-work consensus mechanism could become a useful means of securing a variety of proof-of-stake (PoS) smart contract blockchain protocols, thanks to efforts from a Stanford University professor. David Tse and his […]
Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations Coinbase met with the SEC 30 times in 2022 seeking regulatory guidance and now it will “vigorously defend” itself, it says. News Join us on social networks “Coinbase has embraced regulation since we were founded over a decade ago,” the cryptocurrency exchange’s chief legal officer, Paul Grewal, told the United States Congress on June 6. “The […]
Today in Crypto: Two US Representatives Demand Crypto Tax Regulations, Atomic Wallet Stolen Funds Traced to N.Korean Hackers, OKX Partners with Custody Service Provider Komainu, Zodia Custody Joins Hands with Blockdaemon Source: AdobeStock / Unshu Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________ Tax news Two members of the United States Congress, Brad Sherman and Stephen Lynch, wrote a letter addressed to Treasury Secretary Janet Yellen and the Internal Revenue Service (IRS) […]
Marinade (MNDE) Price Pumps 160%, LBR Trends On Liquid Staking Derivatives Influx Solana-based liquidity staking derivative (LSD) coin Marinade ($MNDE) is up 160% in a continuing weekend pump as general interest in the LSD complex grows. MNDE has risen from $0.03 at the end of Friday trading to $0.08 today, for a 166% gain. Lybra Finance (LBR) sees dramatic retrace – time to buy? Meanwhile Lybra Finance […]
Celsius Network's $800 Million Ether Staking Strategy Change Stretches Ethereum Validator Queue – Here's What You Need to Know Source: AdobeStock / Rafael Henrique Now-defunct crypto lender Celsius Network has caused a stir with changes in its ETH staking strategy, exacerbating the already elongated queue to activate new validators on the Ethereum network. Over a period of two days, Celsius transferred ETH into staking contracts after redeeming nearly $813 million of staked ETH from […]
US debt ceiling, declining trust in banks send ETH staking to record highs The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, confidence in the U.S. dollar, bank collapses and the high APR offered on ETH staking. News Join us on social networks The number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, […]
Celsius adds nearly 429K stETH to Lido’s lengthening withdrawal queue The bankrupt crypto lender wants its huge stash of staked Ether back, but it could be in for a wait. News Join us on social networks Bankrupt crypto lending firm Celsius is anxious to get its staked Ether (ETH) stash back from liquid staking platform Lido which enabled withdrawals this week. Celsius initiated the process […]
Today in Crypto: BlockFi to Liquidate Platform as Selling It Wouldn’t Generate Enough Value, Justin Sun Fires a Round of Accusations at Huobi Founder’s Brother, Digital Yuan Enters Vietnam Border Region
The average person’s wealth will be 'completely destroyed by inflation,' says Arthur Hayes Investing in assets "outside of the traditional financial system” is the only way to preserve one’s wealth, according to the former BitMEX CEO. Cointelegraph YouTube Subscribe Own this piece of history Collect this article as an NFT Join us on social networks The majority of people will have their wealth progressively eaten away by the […]
Ethereum Staking Sees Record Weekly Inflows Worth Over $1 Billion – What Next for the Ether (ETH) Price?
Third round of ETH withdrawals sees roughly equal amounts of deposits: Data Another chunk of ETH has been withdrawn due to Kraken, but deposits going onto the network have almost matched them. News Own this piece of history Collect this article as an NFT Join us on social networks Ethereum staking withdrawals have entered their third "round," but Ethereum (ETH) staking deposits have were almost equal, according […]
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just […]
Less than 1% of staked ETH estimated to be sold after Shapella: Finance Redefined The top 100 DeFi tokens surged along with the broader crypto market as the total value locked peaked at a new yearly high of over $54 billion. News Own this piece of history Collect this article as an NFT Join us on social networks Welcome to Finance Redefined, your weekly dose of essential decentralized finance […]
Lido Finance adds over $1b in less than 24 hours after Ethereum upgrade Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Lido Finance, a liquidity staking protocol supporting the various protocols, including Ethereum and Solana, remains the most dominant decentralized finance (DeFi) application as of April 14. Lido Finance’s TVL rising The total value locked (TVL) on Lido, a measure of all […]
Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue Crypto Cards, Push Protocol Reveals ‘Wallet-to-Wallet’ Video Chat
Can Ethereum crack $2K? ETH price inches closer despite new unlocked supply Ethereum staking withdrawals are picking momentum. But they have not been able to cause a major selloff as many had anticipated post the Shanghai upgrade. Market Analysis Own this piece of history Collect this article as an NFT Join us on social networks The price of Ethereum's Ether (ETH) token came just a few dollars […]
