DeFi adoption varies across chains, BTC price affects velocity

Amid the 2023 bear market, one can’t help but reflect on the game-changing moments that have shaped this industry. The ‘DeFi Summer’ of 2020 was a turning point in the blockchain industry, as CryptoSlate remembers. дальше »

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Tradecurve Leading the Way Amid Booming DeFi Market, Aave Outlook

Decentralized finance (DeFi) is one of the most interesting sectors in crypto, as it promises to transform the fintech industry. After a few months of drop-off in activity, adherents are back, and the DeFi market is booming once again. дальше »

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Indonesia launches national cryptocurrency exchange amid 69% drop in transaction volume

Indonesia launched a national cryptocurrency exchange that became operational on July 17, according to a July 20 statement from the Commodity Futures Trading Supervisory Agency (Bappebti). The country also announced that its futures clearing house has been operational since July 17. дальше »

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Countdown to the 2nd phase of the Chancer presale amid strong demand for token

Chancer presale has seen strong demand as investors bet on blockchain-based betting. Less than 10% of Chancer tokens remain before the first stage presale concludes. The value of Chancer could rise strongly after listing on Uniswap in Q3 2023 and after the mainnet launch in early 2024. дальше »

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First Mover Asia: Bitcoin Fear and Greed Index Sinks Into Neutral Territory, a Sign of Investor Uncertainty

The decline reflects an asset that has been stuck in a tight trading range. PLUS: Bitcoin plods below $30K amid another sluggish day for cryptos in which LINK was a rare bright spot. дальше »

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FTX Didn’t Only Defraud Customers; Ellison Was Underpaid Amid Lack of Support: NYT

As the court date for the long-awaited FTX case approaches, personal documents from one of its key executives, Caroline Ellison former CEO of Alameda Research reveal a typical... дальше »

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Polygon (MATIC) Prepares for Token Migration Amid SEC Scrutiny: Price Implications?

To address centralization concerns underlined by the SEC's recent lawsuit, the Polygon team now looks to migrate from MATIC to a new POL token. How will it impact price action? Will it impact price? The post Polygon (MATIC) Prepares for Token Migration Amid SEC Scrutiny: Price Implications? appeared first on BeInCrypto. дальше »

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XRP Set for Price Explosion Amid Ripple’s Expectations for $250 Trillion Cross-Border Payments

According to Ripple, blockchain and crypto technologies are attracting the interest of global financial executives as they present a potential solution to modernize the underlying infrastructure of international payments. дальше »

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Ripple wins case against SEC, InQubeta presale raises over $1.5 million

InQubeta has so far raised over $1.5 million and rising amid XRP's 75% after recent ruling on the Ripple-SEC case дальше »

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El Salvador's Bonds Surge 62% Amid Bitcoin's ETF-Driven Rally

El Salvador’s bonds due in 2027 have gained 62% in the last six months as the country finds itself on a better financial footing. дальше »

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Ethereum network revenue lost over 33% in Q2 amid lean DeFi market

The latest Bankless report indicates that Ethereum network revenue plummeted to $847 million from $1. 27 billion during Q2 2023. The figure represented a notable 33. 3% decline. Also, the second-largest blockchain by market cap recorded plunged daily active users. дальше »

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Big Blow To Crypto As Nasdaq Scraps Plans To Enter Custody Business Amid U.S. Regulatory Turmoil

Stock market operator Nasdaq has ended its plans to provide its highly-anticipated crypto custody service, citing the ongoing regulatory conditions in the United States as the key reason for their decision. дальше »

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Stablecoin Issuer Lybra Finance Launches Arbitrum Testnet Amid Quest to Be More DeFi-Friendly

Users can now interact with Lybra’s new companion stablecoin peUSD, which is said to be more compatible with decentralized finance protocols than the protocol’s main stablecoin eUSD. дальше »

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Nasdaq Scraps Crypto Custody Plans Amid US Regulatory Issues

Nasdaq has abandoned its anticipated crypto custody service, a move prompted by the ever-evolving U.S. regulatory climate, according to the firm’s CEO, Adena Friedman. This strategic decision, which marks a... дальше »

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Stellar (XLM) Surges Over 43% In One Week, What’s Pushing It?

While Bitcoin price recedes from the $30,000 support, payment solutions Stellar (XLM) and XRP continue riding the bullish wave, with Stellar (XLM) outranking top gainers today amid impressive ecosystem developments. дальше »

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ASIC cancels FTX Australia’s license amid escalating crypto regulation

According to a statement released on July 19, the Australian Securities and Investments Commission (ASIC) canceled the Australian Financial Services (AFS) license held by FTX, a subsidiary operating in Australia, on July 14. дальше »

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Prime Trust placed in receivership amid insolvency risks

Prime Trust has been placed in receivership following a Nevada court approval of a petition against it. The crypto custody firm owes clients millions of dollars in fiat and crypto. Prime Trust, a once-bubbling digital assets custody firm, has officially… дальше »

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Russia Advances With Digital Ruble Pilot Amid Economic Tensions

As the international economic landscape continues to change, Russia finds itself at a critical crossroads. The country is moving forward with plans to introduce a digital ruble, aligning itself with an increasing number of nations exploring digital currency. дальше »

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Polychain secures $200m for fourth crypto VC fund amid staff departure

Polychain Capital has successfully secured approximately $200 million in the first round of funding for its fourth crypto venture capital fund. A source familiar with the matter revealed that Polychain intends to reach a total fundraising goal of $400 million… дальше »

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Prime Trust Put Into Receivership Amid Shortfall in Funds, Charges It Misused Customer Money

Crypto custodian Prime Trust has been ordered by the Eighth Judicial District Court of Nevada, where the company has its headquarters, to be put into receivership after the state ordered the custodian to cease all activities amid a shortfall of customer funds. дальше »

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Coinbase CEO Brian Armstrong set to speak to House Democrats privately

Coinbase CEO Brian Armstrong is set to discuss digital asset legislation with US House Democrats amid SEC lawsuits according to the latest round of reports on the firms legal situation. дальше »

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Bitcoin bulls battle to reclaim $30K amid BTC price RSI ‘reset’

Bitcoin returns to a tug-of-war over $30,000, with BTC price action costing its RSI weeks of upside.

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Shiba Inu (SHIB) Whales' Inflow Skyrockets by 3,700%, What's Going On?

Shiba Inu netflow even higher at whopping 616,538% amid massive accumulation дальше »

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Bitcoin Mining Activity Surges Amid High Difficulty: Bitfinex

Bitcoin miners activities continue to pique global interest, showing a rise in BTC mining activity, according to a report from Bitfinex. One particular development is the Bitcoin mining difficulty hitting... дальше »

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Rocket Fuel For $10 XRP Price Looks Nigh Based On These Key Factors Amid Ripple Win In SEC Fight

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Binance Reduces Employee Perks Amid Falling Profits: WSJ

Binance, the world's largest cryptocurrency exchange, has been battling regulatory headwinds and legal investigations, resulting in reduced employee benefits, over a thousand layoffs, and the departure of senior executives дальше »

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Reddit Moons Surge Amid Speculation and Platform Currency Changes

MOON is trading close to $0. 1649 on CoinMarketCap at the time of writing, recording an over 75% increase on the daily charts on Monday. After a 1200% gain, the market value is currently north of $354,000. дальше »

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Celsius Sells Altcoins Worth Over $24 Million After Court Approval

Crypto lender Celsius is selling over $24 million of altcoins following court approvals amid ongoing lawsuits and bankruptcy proceedings. The company is converting altcoins into Bitcoin and Ethereum to pay creditors. дальше »

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Major Australian Bank Bans Payments to Binance Amid Regulatory Crackdown

While speaking to the Financial Review, NAB's head of fraud, Chris Sheehan, refrained from naming the specific cryptocurrency exchanges being banned, stressing that the initial ban will apply to "several" exchanges and could eventually extend. дальше »

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AI Manipulation of Brain Signals Is Advancing Too Fast, Warns UNESCO

The UN has called for an ethical framework to protect individual rights amid rapid advancements in neurotechnology, a controversial application of AI that can scan, repair, and augment the human brain. дальше »

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XRP Verdict: Ripple’s Garlinghouse On Taking Down the ‘Bully’ Amid Wake-Up Call for Congress to Regulate

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Multichain Failure Hits Fantom DeFi: Assets Depeg Amid TVL Decline

The cross-chain protocol Multichain's issues have disrupted Fantom's decentralized finance (DeFi) operations, causing asset depegging and project closures. Fantom's total value locked (TVL) has dropped by over 80%. дальше »

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Coinbase Halts Staking Services in Four US States Amid Regulatory Scrutiny

Coinbase said it was committed to defending staking despite regulatory challenges facing the services in the United States. The post Coinbase Halts Staking Services in Four US States Amid Regulatory Scrutiny appeared first on BeInCrypto. дальше »

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XRP trading volume skyrockets amid favorable court decision

News of a favorable XRP ruling in its legal battle against the US SEC has sent the token’s trading volumes jumping by more than 1,300%.  The ruling sparked a surge in XRP’s price, with the digital asset reaching a high… дальше »

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Backlash Grows as UK’s Digital Pound Sparks Public Outcry

UK’s Hesitation with Central Bank Digital Currency Sparks Concerns Amid Global Decline in Physical Currency Usage The government of the United Kingdom, known for its civil and democratic society, has sought public consultation before moving forward with the development of a digital version of the British pound. дальше »

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Binance lays off over 1,000 employees amid regulatory hurdle

Binance is reportedly laying off over 1,000 employees as part of a restructuring effort that could result in a reduction of more than a third. Wall Street Journal shared an insight on June 14. According to an unnamed Binance spokesperson,… дальше »

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Solana, Cardano, and Ethereum rally amid positive updates

SOL, ADA, and ETH price spikes pushed them into a strong bull trend. SOL, ADA, and ETH witnessed massive liquidations of short positions. In a recent crackdown led by the SEC, Solana [SOL] aThe post Solana, Cardano, and Ethereum rally amid positive updates appeared first on AMBCrypto. дальше »

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Bitcoin buying pressure could surge amid rising exchange withdrawals

In the context of the volatile Bitcoin market of the past year, a key trend identified in previous CryptoSlate analyses has emerged: the rapid increase in exchange withdrawals for Bitcoin since November 2022. дальше »

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Crypto Liquidations Cross $300 Million Amid Massive Market Recovery

The last 24 hours have been more than interesting for crypto investors across the globe. Thursday, July 13, saw one of the most important lawsuits in the history of the industry come to an end, and the ruling in favor of Ripple triggered a massive rally. дальше »

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Crypto exchanges relist XRP amid Ripple’s partial victory in US

Coinbase, Kraken, and other centralized exchanges in the United States are relisting XRP following Ripple’s ‘partial’ victory over the SEC. In what has been described as a huge landmark and watershed moment for the crypto verse, Judge Analisa Torres of… дальше »

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Shiba Inu (SHIB) Shows Strength With 5% Rally, Reversal Confirmed?

The Shiba Inu price has risen over 5% in the last 24 hours amid the market-wide hype surrounding Ripple’s partial victory in its legal battle with the US Securities and Exchange Commission (SEC). дальше »

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OKX sees surge in users in first month following Hong Kong license

One of the world’s leading crypto exchanges, OKX, has made significant strides in Hong Kong, registering over 10,000 new users within a month of launching its enhanced app. This growth comes amid the new Virtual Asset Service Providers (VASPs) regime that took effect on June 1, 2023. дальше »

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XRP Victory Boosts Stellar (XLM) by 54%, More to Come

Stellar network smashes big milestone amid price increase дальше »

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Ripple warns on fake XRP airdrops amid US ruling

Scammers have exploited the news of Ripple's victory with fake XRP airdrop scams as Ripple CTO issued a warning on the fraudulent activities. дальше »

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Celsius ‘pleased’ with resolutions amid $4.7B FTC fine

A community member responded that they were also pleased to see former Celsius CEO Alex Mashinsky charged with multiple crimes.

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US Regulators Investigate OpenAI Amid Hollywood Writer Strike

The Federal Trade Commission (FTC) is investigating OpenAI, the maker of ChatGPT, over potential false information and data security practices. Concurrently, Hollywood writers are protesting against the rise of AI technology. дальше »

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Dapper Labs Lays Off 51 Amid NFT Market Slump In Third Round Of Cuts

Dapper Labs, the tech firm and non-fungible token (NFT) creator, has announced its second round of staff layoffs in less than a year. The move comes amid a more broadly challenging market environment for NFTs and cryptocurrencies. дальше »

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Binance appoints new general counsel amid intensifying legal troubles

Binance has appointed Eleanor Hughes as its new general counsel, effective immediately, according to a July 13 press release. Hughes first joined Binance in November 2021 and was subsequently appointed head of legal for the APAC and MENA regions. дальше »

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XRP Makes a Comeback as Holders Bet on Huge Upsurge Amid Ripple’s Groundbreaking Win in SEC Lawsuit

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Can Arbitrum (ARB) Hold $1.10 Support Amid $1.5 Million Exploit? 

This week, Rodeo Finance, a DeFi Yield-Farming protocol built on the Aribtrum network, suffered a $1. 5 million exploit. On-chain data analysis examines Arbitrum's potential to maintain the $1. дальше »

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