Grayscale launches Lido, Optimism investment funds

Fundstrat Global Advisors co-founder Tom Lee has claimed that the crypto winter is over in a tweet on May 19.In the message, Lee said last week’s Consensus conference in New York City was the latest of 13 signs indicating that the industry is recovering after a tough few months.His timeline of events documenting the turnaround dates back to November…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The exploiter behind the $116-million theft of assets from Mango Markets will face trial in April next year after the accused convinced the judge to postpone the fraud

Bitcoin’s (BTC) price hit $9,260 on Feb. 20 and dropped to $9,350 on BitMEX the very next day. Analysts say these two pullbacks were liquidity fills and that the dominant cryptocurrency is likely to sustain its bullish market structure.Technical analysts and industry executives have laid out the exponential moving average golden cross, strong weekly support…

The pilot introduces DBS Treasury Tokens on a permissioned, EVM-compatible blockchain, enhancing corporate liquidity management across multiple markets.

“Can someone explain to me why NFT ‘clones’ are selling for so much?” asked Redditor LittleDoofus a couple of months ago.NFT clones cash in on successful NFT collections by releasing similar or even identical copies of the art under similar sounding brands. LittleDoofus wanted to know how we have suddenly ascribed so much value to…

Reuters has today, August 30, published an investigative report into Venezuela’s national oil-backed cryptocurrency, the Petro (PTR), attempting to square government claims with facts on the ground and evidence of the Petro’s transaction history to date.Reuters dispatched reporters to the central Venezuelan hamlet of Atapirire, which sits at the heart of the 380-square-kilometer territory that…

The largest shareholder in Overstock-funded blockchain wealth management startup Bankorus has claimed that the firm has no money left.In a statement issued on Oct. 6, Sonic Zhang said that previous funding deals for Bankorus had fallen through and that all its employees have resigned.Zhang: Bankorus “has run out of cash”As a contributor of more than…