Panic seller loses $222K in AAVE amid market fluctuation

Telegram must pay $625,000 to Lantah LLC — a small crypto firm it sued in 2018 over using the ‘GRAM’ trademark and ticker. 2587 Total views 20 Total shares Telegram Messenger Inc. has been ordered to pay nearly $625,000 worth of legal fees to a small cryptocurrency firm that it sued over using the ‘GRAM’…

After six years of service, Bitcoin-based Amazon payment facilitator, Purse.io, announced  that they are closing their business. "We've made the very difficult decision to dissolve the company. We're grateful for the opportunity afforded by our supporters to build products and infrastructure for the cryptocurrency community," the company said in an April 16 statement. A company helping Bitcoin's…

Tether discontinues support for the Eos Network and Algorand implementations of its flagship stablecoin USDT.

As of early February, more than $1 billion U.S. dollars of assets reside in decentralized finance protocols, commonly called DeFi protocols. DeFi protocols and platforms offer crypto holders sophisticated financial tools that were unavailable to them just a year or two prior, but the rapid evolution and speedy adoption of DeFi has left some observers…

It looks as if the bear cycle is going to claim another high-profile crypto company. On Jan. 19, Digital Currency Group’s (DCG’s) lending subsidiary, Genesis, filed for Chapter 11 bankruptcy. Here we have yet another industry giant with a tale of incestuous lending, little risk management to speak of and opaque reporting policies. For market participants,…

Part 2 of our Sandeep Nailwal special tells how Polygon nearly died in 2020 but went on to be one of the biggest projects in the space. by Andrew Fenton 12 min November 2, 2023 Share Share Share Share He wants to go big or go home — middling success is not an option. “I

Amid the pandemic, blockchain is alleviating the pressure in China’s petrochemical trade. 1449 Total views 4 Total shares One of China’s largest chemical producers has launched a new Blockchain Warehouse Receipt Platform to help the industry combat the rising costs of operations and trade financing.An increased demand for more environmental and safety measures amid the…

The truth will be shameful and shocking for the SEC according to Ripple boss Brad Garlinghouse. 573 Total views 4 Total shares San Francisco-based fintech firm Ripple has inched closer to victory in its ongoing battle with the U.S. Securities and Exchange Commission (SEC).On Oct. 21, Ripple General Counsel Stuart Alderoty confirmed on Twitter that…

A spokesperson for Bulgaria’s chief prosecutors denied claims that the investigation was prompted by the company's political donations. 134 Total views 5 Total shares Own this piece of history Collect this article as an NFTSiika Mileva, a spokesperson for Bulgaria’s chief prosecutors, denied political motivations behind the probe against the crypto lending firm Nexo, according…