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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Price analysis 1/3: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Bitcoin’s (BTC) price action has been uneventful in the first few days of the new year and it continues to languish below the psychological level at $50,000. The Crypto Fear and Greed Index is in the fear zone registering a value of 29/100. On-chain analytics resource Ecoinometrics said stages of extreme fear rarely remain for long,…
Maple Finance announces direct lending to fill the void left by BlockFi, Celsius
The lending platform’s team will begin offering loans directly to some borrowers instead of relying solely on pool delegates to provide capital. Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact sheet from the platform’s development team. The program is intended to replace services…
Stakeholders urge Nigeria to adopt compliance-focused crypto regulation
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.
Chinese chip designer reportedly filed for $50M Nasdaq IPO
Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions. 56 Total views 7 Total shares Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50…
Big banks think new furniture is innovation, but they are wrong
When banks finally come to improve their technology experience, they go no deeper than changing the front end. They’ll make a button blue instead of green or create rounded edges on buttons instead of square ones. They think in terms of their interfaces, not the back end. If a bank were to truly innovate its…
SEC boss says DeFi platforms are ‘highly centralized’ and will need to register
SEC chairman Gary Gensler stated that many DeFi projects are “highly” centralized in certain aspects, as they are developed by a “core group of folks” who are incentivized to promote their platforms. 121 Total views 40 Total shares Gary Gensler, chairman of the U.S. Securities and Exchange Commission stated that DeFi is highly centralized in…
Class action lawyers claim YouTuber ‘BitBoy Crypto’ threatened them
Lawyers in a class action lawsuit alleged in a court filing that Ben Armstrong "began harassing" them after he was named as a defendant. 48 Total views 1 Total shares Own this piece of history Collect this article as an NFTLawyers representing a class action lawsuit against “BitBoy Crypto” YouTuber Ben Armstrong and other crypto…
Dubai regulator demands Binance provide info on ownership, governance: Report
According to Bloomberg, the Dubai crypto regulator is also seeking similar details from other global crypto players. 282 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Virtual Assets Regulatory Authority (VARA), the entity that oversees crypto activities in Dubai, has asked Binance to provide more information about…