Dragonfly Capital eyes $500M for fourth crypto fund

The trend of usage incentives in decentralized finance kicked off with Compound’s COMP token distribution, and it continued through several other platforms that sought to replicate its perceived success.But the latest DeFi yield farming mania involves yEarn, a yield aggregating platform developed by just one man, Andre Cronje. Despite his warnings that the platform’s token,…

The FTX founder said the company paid the “fair market price” for Voyager’s assets and would look to do the same in a deal for Celsius' assets. 250 Total views 11 Total shares FTX founder and CEO Sam Bankman-Fried have shared details on how his firm would approach a buy-up of Celsius’ tassets. The comments…

The Department of Financial Protection and Innovation previously ordered BlockFi and Voyager to stop their offerings in the state. 139 Total views 3 Total shares The Department of Financial Protection and Innovation of California (DFPI) continues to bring actions against crypto interest account providers, failing to comply with the local law. After commanding BlockFi and…

United States-based investment giant Charles Schwab is — for now — steering clear of cryptocurrencies, even as rivals such as Fidelity rush to embrace the new sector. Schwab — the U.S.’ largest investment brokerage firm, with $3.2 trillion in assets under management — will not seek to offer direct trading of cryptocurrencies for the foreseeable future,…

The bulls tried to shake Bitcoin from its slumber on Sept. 7, but the rally was short-lived. This suggests a lack of clarity between the bulls and the bears about Bitcoin’s (BTC) next directional move. Analyst CryptoCon said on X (formerly Twitter) that Bitcoin could remain in a “mid cycle lull” until the start of the next

The suit claims Binance used Ether as a commodity in its financial products, experts explained, which says little about the basic nature of the coin. 1246 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe United States Commodity Futures Trading Commission (CFTC) filed suit against Binance on March…

Chinese iron ore importers want to adopt the digital yuan to make transactions less dependent on American currency. The Chinese iron ore sector is shifting towards blockchain-powered cross-border platforms to conduct trade deals in the national currency yuan (RMB), rather than the more usual USD transactions, as importers begin to adopt the technology.According to China…