Japanese crypto exchange raises $320M to recover funds after major hack

Positive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg. 1797 Total views 6 Total shares Own this piece of history Collect this article as an NFTCircle’s stablecoin USD Coin (USDC) is climbing back to its $1…

The new market will feature Chaos Labs’ Edge Proofs Oracle support, but probably won’t be accessible in the United States.

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Since coming to power back in 2016, President Trump seemed to have reinvigorated the United States stock market after it showed signs of slowing down throughout the first half of the previous decade. Just three weeks ago, the American market witnessed a combined gain of 58% compared with the last three or so years. However,…

Backing from institutional investors and a series of new partnerships could help ALGO break from its current range in the coming week. 2136 Total views 6 Total shares Consolidation periods tend to follow strong rallies but they also present a good opportunity to survey the field and evaluate projects that have strong fundamentals.One project that…

Non-fungible tokens (NFTs) have rapidly become the new hot topic in the cryptocurrency sector, as evidenced by Litecoin creator Charlie Lee comparing the current spike in NFT interest to the ICO mania of 2017. The recent pullback in the cryptocurrency market hit decentralized finance tokens (DeFi) pretty hard but as Bitcoin price recovered the $50,000, DeFi…

DeFi-focused oracle platform DIA is using crowd-sourcing to improve the accuracy of price oracles. 1604 Total views 21 Total shares Oracle platforms, which provide links between blockchain smart contracts and trusted sources of real-world data, are a crucial component of many decentralized finance — or DeFi —  applications.With the meteoric rise of Chainlink (LINK) this…

ETC's ongoing price rebound looks eerily similar to a bull trap event from 2021. 56 Total views 4 Total shares Ethereum Classic (ETC) continues to reap benefits from its blockchain rival Ethereum's upcoming transition from proof-of-work (PoW) to proof-of-stake (PoS). Vitalik Buterin likes Ethereum ClassicNotably, ETC's price jumped by a little over 20% to reach $27.50,…