Japan’s DMM Crypto shuts down Seamoon Protocol amid challenges
Just a few months ago, it was thinking about issuing a stablecoin. Now it’s unsustainable.
Related Posts
Galaxy Research warns of sustainability issues for Bitcoin layer-2 rollups
The future of Bitcoin rollups will depend on continued innovation and optimization in data compression and scalability.
Tether USDT’s market share rises 20%, reaching 75% in two years
The world's largest stablecoin issuer generated around $400 million worth of revenue during the past 30 days.
SushiSwap furthers cross-chain functionality with Core integration
SushiSwap brings liquidity pools, cross-chain swaps and its DEX aggregator to the Core blockchain ecosystem. 223 Total views 2 Total shares Decentralized finance (DeFi) platform SushiSwap is set to integrate with the growing blockchain protocol, Core, tapping into the protocol’s unique consensus mechanism to provide a broad set of DeFi services to its cross-chain functionality.The…
Bitcoin price jumps above $28K after 1.5K BTC shorts ‘blown out’
Bitcoin bears get a sudden roasting as short squeeze sends BTC price action to levels last seen before the Binance regulatory debacle. 884 Total views 4 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) headed back to $28,000 on March 29 as a classic short squeeze took the market…
JP Morgan-backed blockchain firm ‘Partior’ closes $60M Series B funding
Partior is already processing transactions on behalf of several firms including JP Morgan, DBS, and Temasek.
Estonia Grants License to Chilean Crypto Exchange
Chile’s crypto trading platform CryptoMarket has obtained a license issued by the Estonian Financial Intelligence Unit (FIU), allowing it to provide services for the purchase and sale of crypto assets.Founded in 2016, CryptoMarket joins a select group of Latin American crypto companies operating in the region, with Bitso (Mexico) and Mercury Cash (Venezuela) obtaining licenses…
Binance’s Cloud Mining affected by extreme weather conditions in North America
Users' subscriptions to cloud mining products have been extended for three days due to the power outage. 51 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe severe winter storm in North America shut down Binance's cloud mining products between Dec. 24-26, according to an official announcement on Dec.…
Nigerian social payments app shuts down crypto exchange services
The company cited that it will cease operations of its exchange services as part of the shareholders' decision to restructure the business to focus on Cashlink. 336 Total views 10 Total shares Nigerian social payments app, Bundle announced on July 20 that it is shutting down its crypto exchange arm. According to a statement released on…