Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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CryptoCompare Launches Exchange Benchmark in Response to Concerns Over False Volume Reporting
London-based crypto data provider CryptoCompare has launched an Exchange Benchmark product that ranks over 100 crypto spot exchanges worldwide. The news was revealed in a press release shared with Cointelegraph on June 12.According to CryptoCompare, the new product has been launched in response to growing industry concern sparked by research indicating that a significant number…
Is ShibaSwap safe? DeFi Safety review gives it a score of just 3%
There are concerns over ShibaSwap's transparency and security. 1555 Total views 6 Total shares Despite the immediate success of dog-themed decentralized exchange ShibaSwap, there are warnings the DEX’s liquidity providers are throwing capital into an opaque protocol of questionable security.Building on the popularity of their Dogecoin fork, Shiba Inu (SHIB), amid the Elon-Musk stoked dog-token…
Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express
European Banking Authority calls for early adoption of stablecoin standards
EBA officials anticipate a surge in stablecoin issuance in the coming months and have urged businesses to use its guiding principles before restrictions are implemented. In advance of required regulations expected in the coming year, the banking watchdog for the European Union asked stablecoin issuers to voluntarily follow certain “guiding principles” on risk management and…
Alpha Homora defies market slump, bolsters TVL and token price on v2 relaunch
The leveraged yield farming protocol looks to put multiple missteps in the past with a successful relaunch. 4184 Total views 20 Total shares After a rocky first quarter, decentralized finance (DeFi) platform Alpha Homora announced the relaunch of its v2 leveraged yield farming program today — and so far both traders and users are celebrating…
What is the role of a decentralized autonomous organization in Web3?
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3 Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income
Cosmos, Polkadot, and Terra have announced “Anchor.” 1751 Total views 45 Total shares In a special announcement made at the Unitize conference on July 6, Cosmos, Polkadot, and Terra revealed a new DeFi savings product called Anchor that aims to offer dependable interest rates on stablecoins deposits.The companies involved in the creation of Anchor plan…
Binance’s CZ: This Vibrant Country Is One Of The Fastest-Growing Crypto Nations
At a recent B2B event in Turkey, suit-clad men and women from traditional financial institutions and the public sector stood in line to take a selfie with a guy in a hoodie.That guy, Binance CEO Changpeng “CZ” Zhao, found time to attend the annual Turkish Capital Markets Summit in Istanbul, Turkey on Nov. 19. Between…