Bitcoin sentiment index drops to ‘fear’ — its lowest score in 18 months
The weakened market sentiment comes amid fears of a potential $8.5 billion market dump by Mt. Gox and recent mass outflows from United States spot Bitcoin ETFs.
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Andreessen Horowitz Leads $25M Funding Round for Crypto Lending Startup
Venture capital firm Andreessen Horowitz has led a $25 million funding round for crypto lending startup Compound.On Nov. 14, Fortune reported that Compound, a decentralized finance (DeFi) lending protocol, secured $25 million in an investment round led by Andreessen Horowitz’s a16z, with participation from other top investors including Paradigm, Bain Capital Ventures and Polychain Capital.To…
What is a vampire attack in crypto?
Discover what a vampire attack is in the cryptocurrency world, how it impacts DeFi and its implications for liquidity providers and platforms.
CoinMarketCap Launches ‘Professional’ Paid API For Developers and Funds
Crypto data tracker CoinMarketCap.com (CMC) has launched a professional, paid API targeting developers and funds, according to an official announcement published August 1. The new product reportedly aims to serve as a key “pipeline” that will provide accurate and differentiated data for developers and funds across crypto product prices, market capitalization, conversions, and trading pair data…
Price analysis 2/21: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT
Bitcoin (BTC) dipped below $38,000 on Feb. 21 but the bulls are attempting to arrest the decline and start a recovery. The sustained weakness in 2022 seems to have toned down expectations of a strong rally.Huobi crypto exchange co-founder Du Jun said that if the Bitcoin halving cycle repeats, then the current weakness could be…
Banks to join SWIFT digital asset trials in 2025
SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its upcoming digital currency trials in 2025.
Crypto Custodian Secures $8M in Funding Round Led by Initialized Capital
Montreal-based digital asset custodian Knøx has secured $8.25 million in a seed round to support its crypto custody service for institutional customers and fiduciaries.The funding round was led by San Francisco-based venture capital firm Initialized Capital, with the participation of financial services giant Fidelity and venture firm iNovia, Canadian technology-focused news outlet BetaKit reported on…
Class action lawsuit against Binance targets exchange’s futures trading
The investors in the class action suit allege they lost "tens of millions" of dollars due to not being able to manage their positions and view their balances during peak trading hours. A group of Italian and international investors have filed a class action suit against major crypto exchange Binance, alleging the firm violated its…
People’s Bank of China in Shenzhen ‘cleans up’ illegal crypto firms
The Shenzhen branch of the People's Bank of China launched a special “rectification” program against illegal crypto-related activities, beginning with a crackdown on 11 emerging companies. 107 Total views 35 Total shares The Shenzhen branch of the People’s Bank of China is taking a hardline approach to cryptocurrency-related activities deemed illegal. According to a report…