Restaking and ‘rehypothecation’ are the same but different
You may have heard restaking compared to a risky financial maneuver. That’s not exactly right. There are key differences, with profoundly different types of risk.
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Crypto lender Vauld seeks protection against creditors: Report
The crypto exchange, which is backed by Peter Thiel and Coinbase, halted withdrawals in July following an apparent run on its assets. 42 Total views 3 Total shares Singapore crypto exchange Vauld Group is seeking a moratorium against its creditors — a move that would give the troubled lender more time to restructure its business…
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Fidelity makes it clear: Bitcoin volatility is worth the risk for institutions
A new report shares a number of notably bullish sentiments with regard to Bitcoin and the larger crypto industry. 812 Total views 13 Total shares In a recently released report titled Bitcoin Investment Thesis, Fidelity Digital Assets demonstrated how portfolio managers could increase their returns by allocating a portion of their holdings to Bitcoin (BTC).…
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Bitcoin Loses $7K Footing Amid Market-Wide Price Correction
Thursday, August 30: following the week’s brief uptick, crypto markets are today seeing widespread corrections, with the top ten coins by market cap losing between 1.5 and 5 percent on the day. All but 13 minor alts among the top 100 ranked cryptos are in the red, as Coin360 data shows.Market visualization from Coin360Bitcoin (BTC)…
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3AC founder has ‘chosen to ignore his duties’ by not responding to subpoena, say bankruptcy lawyers
According to the filing, Kyle Davies was “without question” aware of the subpoena posted to Twitter, citing the 3AC founder's online activity and attempts to raise funds for GTX. 86 Total views 1 Total shares Own this piece of history Collect this article as an NFTThree Arrows Capital founder Kyle Davies has not responded to…
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Bug in Fed’s payment system prevents bank customers from getting paid
Banks stressed customer accounts “remain secure” and balances will be updated as soon as the issue is resolved. 192 Total views 14 Total shares Some of the largest United States banks are not able to facilitate customers deposits after one of the Federal Reserve’s payment systems suffered an outage on Nov. 3.The Federal Reserve said
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Bank of Korea Report: Crypto Price Gap Between Local, Foreign Exchanges Could Widen Again
South Korea’s central bank, the Bank of Korea (BoK), has cautioned of another possible widening of the gap in crypto prices between local and foreign exchanges, local news agency No Cut News reported September 11.In the report, the bank warned the public about another possible emergence of the so-called “kimchi premium,” a phenomenon consisting of…
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Kyber Network (KNC) gains 40% as its 3.0 network launch approaches
Excitement for the upcoming release of Kyber 3.0 is helping to boost KNC price by 40% as new governance features and lower Ethereum fees excite investors. 830 Total views 8 Total shares The explosion of interest in non-fungible tokens over the past two months has taken some of the attention away from the decentralized finance…
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Analyst eyes Ether ‘major push’ to $3.5K amid traders betting on upswing
A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close, and futures traders are betting on an upward move.