Trump family’s DeFi project wants to ‘ensure US dollar dominance’

The bounce back above $48,000 is not a definitive sign that a correction is over, analysts warn. 902 Total views 41 Total shares Bitcoin (BTC) quickly regained lost ground on Aug. 25 after a brief dip towards $47,000 failed to keep bulls down. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRebound or bull trap?Data from Cointelegraph…

Checkout.com, FTX, PayPal and Crypto.com headline the latest business news from the world of cryptocurrency and blockchain. 222 Total views 23 Total shares Stablecoins are a controversial subject in crypto. Questioning the legitimacy and backing of Tether (USDT) is a right of passage for many entering the crypto market for the first time. The meltdown…

Decentralized finance (DeFi) is growing fast. Total value locked, a measure of money managed by DeFi protocols, has grown from $10 billion to a little more than $40 billion over the last two years after peaking at $180 billion.Total value locked in DeFi as of Nov. 2022. Source: DefiLlamaThe elephant in the room? More than…

The decision in an Australian court was driven by increasing concerns about illicit activities in the crypto market and the desire to safeguard investors. 67 Total views 1 Total shares An Australian court has reportedly ordered Meta Platforms, the owner of Facebook, to pay fines amounting to 20 million Australian dollars ($14 million) for collecting…

Huobi's Global DeFi Alliance has announced 10 new members, including sector heavyweights Aave, Curve Finance, and Synthetix. Huobi’s decentralized finance (DeFi) consortium — dubbed the Global DeFi Alliance — has welcomed 10 new members — bringing its total membership to 15.The new members comprise DeFi heavyweights Curve Finance, Aave, Synthetix, Balancer, Loopring, Zapper, Zerion, Bitpie,…

The Ontario Capital Markets Tribunal terminated Bitfarm’s attempt to “poison pill” Riot Farm’s takeover attempt of their firm.

A Singapore-based digital assets exchange wants to take on larger rivals and to offer a new way of operating with users by “putting customers first from day one” and giving back to the users. It says the team has been constantly enhancing security, tuning the user interface, and building localized and professional customer support teams.Describing…

The Ethereum network’s Shapella upgrade, scheduled for around 6:30 pm EST on April 12, has induced significant uncertainty among traders, according to a report by Kaiko. The upgrade will enable staked-ETH withdrawals from the Beacon Chain for the first time since its launch in December 2020. According to previous estimates, the upgrade will add nearly 1.2…