Crypto fund inflows hit $2B in May led by BTC — CoinShares

The market capitalization of Chainlink has surpassed Bitcoin Cash, as the DeFi market continues to prosper with TVL exceeding $24 billion. 1934 Total views 7 Total shares Chainlink (LINK), the oracle-focused blockchain protocol, surpassed Bitcoin Cash (BCH) to become the eighth-biggest cryptocurrency as of Jan. 18.The market capitalization of Chainlink now hovers at $9 billion…

After actively supporting Pendle since its launch in 2021, Spartan Capital has made a follow-on investment in Pendle Finance via an OTC purchase. 358 Total views 6 Total shares Singapore-based digital asset investment firm Spartan Group has announced investment in the decentralized finance (DeFi) protocol Pendle Finance (PENDLE).After actively supporting Pendle since its launch in

Consensus, a major global cryptocurrency and blockchain-focused event, is another industry conference that had to change its plans due to intensifying coronavirus fears.In line with the increasing number of industry events being delayed or canceled in response to the coronavirus outbreak, Consensus will not be hosting a conference in New York this year.Consensus 2020 will…

Why can't we be friends? The gold versus Bitcoin debate rages on. 2575 Total views 22 Total shares CME Group’s chief economist and managing director, Bluford Putnam, recently acknowledged that Bitcoin is competing with gold as a hedge against inflation.“Gold appears to have an emerging competitor in Bitcoin,” told Bloomberg for a video released on…

The move follows widespread crackdowns by the DoJ on crypto. 638 Total views 8 Total shares In a filing from Wednesday, the Department of  Justice asked to seize $1 billion from an unnamed hacker.Specifically, the DoJ is asking the court of the Northern District of California to lock down on: "Approximately 69,370.22491543 Bitcoin (BTC), Bitcoin…

The S&P 500 is trading near its all-time high but Bitcoin (BTC) has plunged about 30% from its all-time high at $69,000. Even after the sharp drop, Bitcoin is up 63%, year-to-date, outperforming the S&P 500, which is up about 30% in 2021.Gold, which is popular as a hedge against inflation, is down roughly 7%…

As the decentralized finance (DeFi) ecosystem grows in size and influence, the question of how to best govern DeFi protocols has taken center stage. In crypto-native circles, decentralized autonomous organizations (DAOs) are far and away the most popular governance structures.DAOs are often touted as an all-in-one fix for everything from investor-manager alignment to regulatory risk.…