FTX 2.0 to launch soon? Court filing shows a reboot plan in the works
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Circle plans to cover missing liquidity in Silicon Valley Bank with corporate funds
According to Circle, USDC liquidity operations will "resume as normal when banks open on Monday morning in the United States," enabling USDC redemption at 1:1 with the U.S. dollar. 1154 Total views 7 Total shares Own this piece of history Collect this article as an NFTUSD Coin (USDC) issuer Circle plans to use "corporate resources"…
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Bitcoin Drops $300, Daily Losses Among Altcoins Reach 10%
Falling below $9,000, Bitcoin (BTC) has seen another dip today and its price dropped over $200 in an hour.Alongside Bitcoin, the top 20 cryptocurrencies by market capitalization are seeing major losses of nearly 10% over the past 24 hours, according to data from Coin360.Market visualization. Source: Coin360Following a fresh price decline, Bitcoin is trading down…
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Upbit exchange overtakes Coinbase and OKX in trading volume
In the month of July, Upbit outperformed both Coinbase and OKX in terms of spot trading volume for the first time. 317 Total views 3 Total shares South Korean cryptocurrency exchange Upbit overtook both Coinbase and OKX in terms of spot trading volume in July for the first time, according to data published on Aug.…
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New Australian crypto legislation likely in 2022, Senator Bragg tells NFT Fest
Talking about a digital asset plan being cooked up by a Senate inquiry, Senator Andrew Bragg said, “We will want the major parties, including my party, to adopt these policies as part of their election manifestos.” 1038 Total views 15 Total shares Liberal Senator Andrew Bragg has told a local industry event that Australia’s digital…
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‘Strange’ Litecoin Network Activity Could Be Related To August Dust Attack
Product developer Franklyn Richards has witnessed Litecoin (LTC) network activity that reminds him of the Aug. 10 dust attack on Litecoin.In a Dec. 14 blog post, Franklyn Richards, a product developer who has worked on Bitcoin (BTC) and Litecoin since 2013, describes a pattern emerging among active Litecoin network addresses.According to the product developer an…
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DeFi rises again as Aave hits new ATH in weekly borrowers
Layer-2 chains Base and Scroll have contributed to Aave’s recent borrower and depositor growth.
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Ethereum ETFs could reach $10B AUM in first year: Sygnum Bank
“When the net flows turn positive and accelerate, this will be a strong driver for the price of Ether,” said Katalin Tischhauser, Head of Investment Research at Sygnum Bank.
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Bitcoin price briefly hits $69K ATH before plummeting back to Earth
BTC hit a new all-time high! It didn't last long, however... 6748 Total views 34 Total shares Bitcoin price hit another all-time high at $69,000 as Ether continued its long slog toward $5,000 after reaching a new high at $4,868 earlier today. Shortly after hitting this fresh milestone, however, traders began taking profit, leading to…