Crypto downturn nukes $190M leveraged positions as traders eye CPI data

Transaction costs on the Ethereum blockchain are at record highs, and no one will let you forget it. Reports often detail how decentralized finance platforms are the cause of ever-rising gas fees — tokens paid to miners who confirm and enable transactions on the Ethereum blockchain. Yes, DeFi does play a role, but the problem…

The stablecoin yield platform is being sued for customer losses following exposure to the Anchor Protocol and UST collapse last year. 154 Total views 4 Total shares Own this piece of history Collect this article as an NFTDecentralized finance yield platform Stablegains has been sued in a Californian court for allegedly misleading investors and failing…

More and more people are buying Bitcoin (BTC) since the 2020 coronavirus crash — and it doesn’t matter how rich they are, data shows.Part of a series of bullish charts circulating this week, statistician Willy Woo highlighted the growth in both high and low-value wallets.Woo: BTC whales putting money where their mouth isAccording to the…

Binance’s proactive security measures and industry collaborations lead to the recovery of $73 million in stolen funds by mid-2024.

China’s digital currency approach will be favoring international payments and domestic retail system, a former senior official said.Zhou Xiaochuan, the president of the Chinese Finance Association and former governor of the People’s Bank of China (PBoC), outlined two types of implementations of central bank digital currencies (CBDCs) speaking at the 2019 Caixin Hengqin Forum, local…

Progress has been made in streamlining the Web3 onboarding process, but the flood of mainstream users has not yet arrived.

Organic growth from spot traders opens up key resistance levels closer to $60,000 for BTC/USD, analysts argue. 1603 Total views 26 Total shares Bitcoin (BTC) is riding high on the back of a "very low and healthy" indicator, according to one market analyst, which could propel it to a key resistance level at $58,000.In a…

The Green Bay Packers player’s total salary would be worth roughly 368.8 BTC at a price of $60,636. 1375 Total views 36 Total shares Aaron Rodgers, quarterback for the Green Bay Packers football team, has said he will be taking part of his National Football League salary in Bitcoin.In a video posted to his Twitter…

While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.