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Crypto crash wreaking havoc on DeFi protocols, CEXs
On Monday, a heavy cryptocurrency sell-off in the markets caused significant ripples for projects and entities alike. On popular decentralized finance, or DeFi, lending protocol Aave (AAVE), utilization rates have fallen across nearly…
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Here’s How DeFi Market Looks After Terra Collapse – Coinpedia – Fintech &…
Terra’s ecosystem had roughly 15% of the DeFi market share before its collapse last month. According to DeFiLlama data, this makes it the second-largest hub for all decentralized finance. But after a $40 billion network goes bankrupt,…
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Russian Parliament to Review Bill Prohibiting Crypto Payments – Regulation Bitcoin News
Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent transactions that could…
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DOGE, SOL Hit 1-Year Lows as Cryptos Crash – Market Updates Bitcoin News
DOGE and SOL were some notable movers on Monday, as crypto markets were once again hit by a red wave. DOGE dropped to its lowest level since April 2021, whilst SOL was also trading close to a one-year low to start the week.
Solana…
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6 Questions for Alex Wilson of The Giving Block – Cointelegraph Magazine
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Alex Wilson, co-founder of The Giving…
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NFT and Crypto Games Outperformed DeFi Amid Market Selloffs in May: Report
DApp discovery and analysis platform DappRadar released a detailed report analyzing the state of the crypto market in May. It mainly covered three areas: DeFi, NFT activities, and crypto games, stating that the Terra…
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The CFTC’s action against Gemini is bad news for Bitcoin ETFs
On June 2, 2022, the United States Commodity Futures Trading Commission (CFTC) initiated an action against Gemini, the crypto exchange founded by billionaire twins Tyler and Cameron Winklevoss. Among other things, the complaint alleges…
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Austin Pushes Forward In Crypto Embrace; III Forks Now Accepts Bitcoin
Austin steakhouse III Forks announced back in April that it would be entering into the world of blockchain by accepting Bitcoin through BitPay on the Bitcoin Lightning Network.
III Forks, which is owned by CRO, Inc., is the first…
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Blockchain.com Plans to Provide an NFT Domain Name to 83 Million Wallet Users – Blockchain Bitcoin…
Blockchain.com has announced it has partnered with the Web3 digital identity platform and NFT domain name provider Unstoppable Domains in order to launch .blockchain NFT domains. The company says that in the next few weeks, 83 million…
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Mastercard Partners With Immutable X, The Sandbox for NFT Purchases Without Crypto
Global payment technology company Mastercard is now enabling the purchase of non-fungible tokens (NFTs) using fiat.
For the new project, Mastercard has partnered with Immutable X, a layer-2 network for Ethereum. The…
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