DeFi tokens surge over 50% in November, TVL hits 2021 highs
November’s gains have pushed DeFi’s total value locked back to levels last seen in 2021, reaching $118.4 billion on Nov. 25.
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Bears aim for sub-$60K Bitcoin price ahead of Friday’s $1.1B options expiry
Bitcoin (BTC) entirely recovered from its recent drop that saw the price fall to the $53,000 support level. This move back to $57,500 relieved bulls from the negative pressure of the May 7, 3,500 BTC options contract, which represents $200 million in open interest along with a $1.1 billion options expiry.Today's swift recovery could have…
USDT issuer Tether has up to $1.7B in excess reserves, CTO says
Tether CTO Paolo Ardoino believes that USDT is becoming the “safest asset to hold in the world” amid the banking crisis. 275 Total views 2 Total shares Own this piece of history Collect this article as an NFTCryptocurrency firm Tether, which issues the stablecoin USDT (USDT), expects to make a $700 million profit in the…
EU Stripe clients now have crypto purchasing power: Report
Stripe has expanded its cryptocurrency integration in the European market, allowing EU clients to purchase cryptocurrencies using their credit or debit cards.
CFTC commissioner compares crypto contagion risk to 2008 financial crisis
The commissioner warnes that vulnerabilities seen within the crypto markets are similar to those seen during the global financial crisis and calls for the agency to be given additional authority. 194 Total views 3 Total shares Commodity Futures Trading Commission’s (CFTC) Christy Goldsmith Romero has pointed to the collapse of the Terra ecosystem and its…
The Blockchain Africa Participants Optimistic About Continent Becoming Center of Progress
The Blockchain Africa conference produced a swathe of optimism for Africa to become a driving force behind the development and use of new blockchain-powered technologies.Over the past few years, blockchain has replaced cryptocurrency as the “it” word in the fintech space. It is a fact that was mirrored by the Blockchain Africa conference itself, with…
US exchanges are suspending or delisting XRP left and right
Binance.US and eToro are the latest exchanges to discontinue XRP trading in America as Ripple faces the SEC's enforcement hammer. 2144 Total views 15 Total shares Binance.US, the American branch of the global crypto exchange, and crypto-friendly asset trading service eToro are the latest platforms to suspend XRP trading in the United States.Announcing the news…
Beam Foundation to debut $150M gaming fund in Abu Dhabi
Beam Ventures will launch in 2025, providing funding and acceleration for blockchain gaming startups in the United Arab Emirates.
Binance: Futures Trading Platform to Launch in September
Changpeng Zhao, CEO of top crypto exchange Binance, announced that the platform will launch futures trading in September.Zhao voiced this statement on Twitter during an “ask me anything” session on Aug. 28.According to Cointelegraph Japan, the company also “announced its focus on the staking business.”As Cointelegraph reported on July 2, Zhao revealed the company plans to…