This article is the first in a series of how-to guides examining the CeFi lending landscape. Four of the top crypto lending companies, Celsius, Nexo, Crypto.com, and BlockFi, will be...
Ethereum Developer Says the Merge Could Ship in August
The Ethereum Foundation’s Preston Van Loon, Justin Drake, and Vitalik Buterin have given new estimates for the network’s “Merge” to Proof-of-Stake, indicating it could take place in August. Ethereum Merge...
Terra’s Do Kwon Investigated for Running a Ponzi: Report
South Korean prosecutors are reportedly weighing whether they could charge Do Kwon for running a Ponzi scheme by promising unsustainably high fixed interest rates on UST deposits via Anchor Protocol....
FTX.US opened its stock-trading service to select customers today, according to a press release from the company. FTX Stocks Now In Beta Access FTX.US has opened beta access to FTX...
Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has expressed his belief that Bitcoin and Ethereum are commodities, though the digital asset market contains commodities and securities alike. He therefore...
Babel Finance Used Collateralized eNote on FQX’s Solana dApp Via Fireblocks
Babel Finance, a leading global crypto financial services provider, announced today that it has successfully issued the first collateralised USDC note via eNotesTM, a smart contract-based global debt instrument, provided...
Stablegains Faces Lawsuit After Losing $44M on UST
Yield generation app Stablegains could be facing a class-action lawsuit after the company lost more than $44 million of customers’ funds by investing them in Terra’s failed UST stablecoin. Stablegains...
Tether Calms USDT Depeg Fears With New Reserves Report
Tether has published its latest reserves attestation report for the first quarter of 2022. Conducted by independent accountants MHA Cayman, the attestation shows Tether’s consolidated assets exceeding its consolidated liabilities,...
Cardano Primed for Volatility After Steep Correction
Cardano is showing early signs that it wants to recover despite the precarious market conditions. Still, traders would have to wait for a decisive close above resistance because the technicals...
Polkadot Pioneers Prize Contributes 750K for Manta to Architect Advanced Zero-Knowledge Challenge
Manta has been awarded as the architect of the first-ever Polkadot Pioneers Prize of 750K to help the advancement of zero-knowledge technology. The Pioneers Prize prize is designed to solve...
As the Market Bleeds, Bitcoin Dominance Hits Seven-Month High
Bitcoin has historically dominated the cryptocurrency market during downturns. Bitcoin Dominance Rallies Although the crypto market looks weak, Bitcoin is proving that it’s still “the King.” The number one cryptocurrency...
Top Terra Whales Break Silence on Network’s Collapse
Some of the largest investors in the Terra ecosystem, including Galaxy Digital, Delphi Digital, and Pantera Capital, have commented on Terra’s implosion that transpired last week. Top Terra Backers Reflect...
Terra governance is currently voting on whether to split the blockchain. So far, there is 85% support and 13% opposition. Terra Chain Split Gets 85% Support Earlier this week, Terraform...
Uniswap Community Voting on Moonbeam, Gnosis Chain Deployment
Community voting is underway to decide if Uniswap, Ethereum’s most popular decentralized exchange, will deploy on Moonbeam, Polkadot’s first parachain, and on Gnosis Chain. Uniswap has deployed on several Layer...
Andreessen Horowitz has announced $600 million in funding for its new Games Fund One, an “inaugural fund dedicated to building the future of the games industry.” a16z Looks to the...