DeFi
Overview Marinade Finance, a prominent staking protocol on the Solana network, along with Orca Finance, has blocked UK users in response to the new Financial Conduct Authority (FCA) regulations. Key Points * Staking Rates: Marinade Finance offers an annual interest rate of 8.15% for native staking and 7.7% for
DeFi
Overview After unlocking 10.68 million UNI, Uniswap Foundation transferred 2 million UNI to market maker Wintermute on Kraken. Key Points * Purpose of Transfer: The exact reason for the transfer to a centralized exchange (CEX) remains unclear. It might be related to pre-existing agreements between Uniswap and Wintermute. Investors are
Big Cap
Token LINK has surged nearly 50% over the past 72 hours following the announcement from leading oracle solution Chainlink that it is transitioning from Staking v0.1 to v0.2. Staking is a core initiative under Chainlink Economics 2.0, allowing LINK token holders and node operators to earn passive
Big Cap
The cryptocurrency market has seen positive developments as Bitcoin (BTC) surpassed the $30,000 mark after months of sideways movement, leading the upward trend alongside several other coins. Sunday, October 22, 2023, marked the official crossing of the long-awaited $30,000 milestone by the flagship coin. The last time BTC
Big Cap
On the evening of October 20, Google Cloud, the technology behemoth Alphabet's cloud arm, and MultiversX announced a collaborative effort to bolster their web3 presence. Google Cloud Adds MultiversX to BigQuery - EGLD Price Surges. Image: Bitcoin.com News The partnership integrates MultiversX with Google Cloud's
Big Cap
The U.S. Securities and Exchange Commission (SEC) has withdrawn its lawsuit targeting Ripple executives, now focusing solely on the case against the company. Ripple Continues to Gain Edge Against SEC - XRP Accelerates. Photo: CNBC According to early morning reports on October 20 (Vietnam time), the SEC has dropped
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The anticipation for a Bitcoin spot ETF has shifted from institutional investors to individual and traditional retail investors. Google searches for the keyword "spot Bitcoin ETF" are currently at their peak. Crypto Market Optimism Peaks as "Spot Bitcoin ETF" Google Searches Hit High The cryptocurrency market
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Tether's new CEO Paolo Ardoino plans to announce real-time USDT reserve data in 2024 to enhance transparency for the stablecoin. Tether to Announce Real-Time USDT Reserves in 2024 In an exclusive interview, Bloomberg highlighted Tether's lack of transparency across various aspects, including the collateralization mechanism for
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Elon Musk's electric vehicle company, Tesla, continues to maintain its Bitcoin holdings without any buying or selling activities for the past five quarters. Tesla Holds Bitcoin Investment for Fifth Consecutive Quarter. Photo: CNBC As of September 30, 2023, Tesla holds 9,720 Bitcoins valued at $184 million, unchanged
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Aptos appears to have faced its first major incident as its blockchain failed to record new transactions for over 4 hours, causing a subdued reaction in APT prices. Aptos (APT) Encounters Incident, Blockchain Stalled for 4 Hours. Photo: Vecteezy Update as of noon on October 19, 2023: By noon on
DeFi
Superdao, a Platform Offering Services for DAOs, Announces Shutdown Due to Client Failures Overview Superdao, a project that provided a suite of services for Decentralized Autonomous Organizations (DAOs), has announced its closure due to a significant decline in revenue caused by the failure of numerous client DAOs. Key Points * Reason
Big Cap
The Financial Supervisory Service (FSS) of South Korea has raised suspicions of supply manipulation regarding the Sui project's circulating token volume. SUI Price Volatility Surges Following South Korean Investigation. Photo: Verbolsa In response to inquiries from lawmaker Min Byung-deok, FSS Director Lee Bok-hyun affirmed the agency's
