Topic
GeneralBeginnerKain Warwick, the founder of Synthetix, has given a firm nudge — and maybe a bit of a warning — to SNX stakers, urging them to embrace a new staking mechanism aimed at fixing the ongoing sUSD depeg issue. In a post on X dated April 21, Warwick shared that a new sUSD staking system is now live.…
#crypto#defi#stablecoins
In a major win for the cryptocurrency and decentralized finance (DeFi) space, U.S. President Donald Trump has officially repealed a Biden-era IRS crypto tax reporting rule that had been widely criticised across the digital asset industry. The decision, enacted through the Congressional Review Act,…
#crypto#defi
BitcoinBeginnerBybit has bounced back to its pre-hack market share after suffering a massive $1.4 billion security breach in February. The crypto exchange has since tightened its security measures and enhanced liquidity options, especially for retail traders. The crypto world was shaken on February 21 by one of…
#bybit#crypto#defi
BitcoinBeginnerOver $21 million worth of Bitcoin was unstaked from the Babylon protocol within 24 hours following its token airdrop, according to blockchain data shared by a developer. On April 4, Bitfeed developer Mononaut shared that 256 Bitcoin (BTC), valued at approximately $82,976 each, were unstaked from…
#crypto#defi
BitcoinBeginnerCrypto donations have surged in 2024, surpassing the $1 billion mark, with a significant uptick following the devastating earthquakes in Myanmar and Thailand. The rapid and borderless nature of cryptocurrency has proven particularly effective in delivering aid to affected regions where traditional…
#altcoin#asia#changpeng-zhao
HyperliquidBeginnerBitget CEO Gracy Chen has blasted Hyperliquid’s response to an incident that occurred on its perpetual exchange on March 26 and warned that it might turn into “FTX 2.0.” On that day, Hyperliquid—a blockchain network focused on trading—delisted perpetual futures contracts for the JELLY token and…
#binance#crypto#defi
SolanaBeginnerFidelity Investments is reportedly nearing the completion of testing for a stablecoin pegged to the US dollar, marking the company’s latest move into digital assets amid a more favorable regulatory environment for crypto under the Trump administration. According to a March 25 report by the…
#assets#crypto#defi
EthereumBeginnerEther needs to regain the “macro” range above $2,200 to build additional upside momentum, as global macroeconomic concerns continue to pressure crypto markets at least until early April. Ether (ETH), currently priced at $2,098, has dropped over 51% in the past three months after peaking above…
#crypto#defi
GeneralBeginnerDWF Labs has announced the launch of a $250 million Liquid Fund, with the stated goal of accelerating mainstream adoption of cryptocurrency. The Dubai-based crypto market maker and investor aim to focus its investments on mid- and large-cap blockchain projects that demonstrate potential for…
#crypto#defi#dubai
GeneralBeginnerThe EOS Network has announced a significant rebranding, transitioning to “Vaulta” as it shifts its focus towards Web3 banking. This strategic move signifies a major pivot for the blockchain platform, which initially gained prominence during the 2018 initial coin offering (ICO) boom. The…
#banks#defi#finance
EthereumBeginnerAn Ethereum developer has denied speculation that the Ethereum Foundation (EF) was responsible for a recent deposit of over 30,000 Ether into Sky, a decentralized finance (DeFi) protocol previously known as MakerDAO. On March 10, a wallet address deposited 30,098 Ether (ETH), valued at around $56…
#crypto#decentralization#defi
