Curve Finance soft liquidation works, but CRV plunges 28%
Curve Finance’s LLAMMA successfully handled liquidation during a hack attempt, but the CRV token fell by 28%, sparking concerns in the DeFi community.
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Babel Finance raises $40M to expand crypto offerings
The Series A round underscores growing investor appetite for crypto-focused institutional offerings. 1263 Total views 14 Total shares The Series A investment round was led by Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital and Bertelsmann and Tiger Global Management, the company announced Monday. Venture capital and private equity funds from North America, Asia…
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Binance.US not cooperating with investigation, US SEC says in filing
SEC said in a court filing that Binance.US has produced only 220 documents during the discovery process many of which were “unintelligible screenshots and documents without dates or signatures.” 239 Total views 3 Total shares The United States Securities and Exchange Commission (SEC) has accused Binance.US of non-cooperation in the ongoing investigation against the crypto
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Rams player Odell Beckham Jr. will accept NFL salary in Bitcoin
Reports suggest the Los Angeles Rams player’s total salary for the 2021 season would be worth roughly 75.66 BTC at an average price of $56,103. 601 Total views 6 Total shares Odell Beckham Jr., wide receiver for the Los Angeles Rams football team, has said he will be taking all of his $4.25 million National…
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Life of Luxury: Fashion Turns to Blockchain
Although once confined largely to agriculture, blockchain technology is now making major inroads into the luxury goods supply chain market.Thus, Consensys recently announced a new platform with French multinational luxury goods conglomerate LMVH and the technology behemoth Microsoft to verify the authenticity of luxury goods.Luxury brands trial blockchainAlthough many products in the luxury goods market…
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SEC Launches Virtual Meetups for Fintech Industry Players
The SEC's fintech wing invites innovators to network and weigh in on regulation in new online meetups. 1873 Total views 15 Total shares FinHub, a fintech arm of the U.S. Securities and Exchange Commission (SEC) will now host digital meetings for industry players amid COVID-19 lockdowns."To facilitate ongoing communications, FinHub will host a series of…
Former Coinbase exec posits blockchain-driven vision of future societies
The Dutch city of Amsterdam — no stranger to international conferences dedicated to cryptocurrencies, blockchain and decentralization — was recently host to the Network State Conference, which explored decentralization at an entirely different level. Conference speakers and attendees gathered to discuss and debate whether a new form of decentralized country is possible.The conference kicked off with
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Coinbase website down as crypto exchange cites ‘system-wide outage’
Crypto exchange Coinbase has suffered a 'system wide' outage, rendering platform unusable.
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US E-Cigarette Ban Stokes Fears Trump Could Target Bitcoin
Bitcoin (BTC) proponents are again mulling the chances of the United States banning cryptocurrency as lawmakers move to outlaw flavored e-cigarettes. E-cigarettes: Washington “clears market”The sudden restrictions, which both the White House and the Food and Drug Administration confirmed on Sept. 12, mean e-cigarettes will disappear from the U.S. market within a month. Manufacturers may be able…