Aave net deposits hit $33.4 billion, surpassing 2021 levels
The lending platform also introduced Aave v4 in 2024, while its GHO stablecoin expanded to multiple blockchain networks.
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Binance Q3 report appraises crypto market as ‘challenging’ amid high interest rates
The world’s largest cryptocurrency exchange painted a somber picture of the market, with occasional bright spots for individual players. It’s been a challenging quarter for crypto, Binance has confirmed in its Q3 market pulse report. The market was down in many sectors, the report found, although the entry of institutional players such as Deutsche Bank

Blockchain music startup Tune.fm raises $50M from Global Emerging Markets
The fresh capital brings Tune.fm's total funding to $80 million. The funds will be used to reward artists and users within the platform.

Mexican authorities struggle to keep up as cartels embrace crypto
The head of a major Mexcian financial intelligence unit has complained that local law enforcement has only a quarter of the staff it needs to respond to crypto laundering from cartels. 1877 Total views 11 Total shares Mexican authorities report an increase in the use of crypto assets to launder funds by criminal syndicates in…

Key Timing for Adoption? Crypto Goes Mainstream With TV, Newspaper Ads
Amid turbulent times for the world at large, the cryptocurrency space seems to be cruising on its own steam in 2020. The coronavirus pandemic has put a major strain on economies around the world, and countries such as the United States have seen their central banks resort to extended quantitative easing in order to stimulate…

Nifty News: Nike unveils NFT platform, Steve Jobs’ sandals sell for $200K and more
Nike's "Dot Swoosh" platform landsFootwear and apparel giant Nike has unveiled its latest foray into the non-fungible token (NFT) and Metaverse space with the launch of an NFT marketplace named “.Swoosh”While .Swoosh is still in the beta phase, Nike announced that its “first digital collection” is set to launch on the web3 platform in 2023,…

Japanese Parliament Moves New Crypto Regulations to the Upper House
The Japanese House of Representatives has passed new crypto regulation in the upper house of the National Diet, local news agency Nikkei reports on May 21.The lower house has reportedly moved crypto-related amendments to the existing financial law to the House of Councillors at a recent plenary session. According to Nikkei, the amendments to two…

$500M in crypto futures liquidated as Bitcoin dips below $34K: What happens next?
Roughly $500 million worth of cryptocurrency futures positions were liquidated in the past 24 hours. The mass liquidation of positions happened before the price of Bitcoin (BTC) dipped below $34,000 on Jan. 17.Bitcoin total liquidations. Source: Bybt.comWhy were so many positions liquidated?Overnight, the price of Bitcoin rose by 6.7% from $35,500 to nearly $38,000. Meanwhile,…

Exmo hackers withdraw part of stolen funds via Poloniex, exchange confirms
About $4 million of crypto stolen in Exmo hack was allegedly withdrawn through Poloniex, the exchange said it froze several accounts. 1408 Total views 12 Total shares Hacked cryptocurrency exchange Exmo is not able to recover a large amount of stolen funds as hackers withdrew millions of dollars in crypto through the Poloniex crypto exchange.On…