Compound Finance to impose lending caps in light of failed Aave exploit
Some illiquid altcoins will have their borrow limit reduced by upwards of 99%.
Tag: 28. November 2022
Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand
Staking infrastructure firm Kiln has closed a $17.8 million fundraising round led by the likes of Consensys, GSR and Kraken...
MakerDAO community votes against CoinShares’ $500M investment proposal
Over 70% of the community’s votes were against CoinShares’ proposal to invest MakerDAO’s funds into various traditional assets. Decentralized lending...
Kraken settles with US Treasury’s OFAC for violating US sanctions
The U.S.-based crypto exchange agreed to pay more than $362,000 as part of a deal “to settle its potential civil...
Jack Dorsey’s Block sues Bitcoin.com for trademark infringement
“The use of the designation "VERSE" constitutes an infringement of our client's trademarks under German trademark law,” Block’s legal counsel...
Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT
Turmoil in China, concerns over the global economy and BlockFi’s bankruptcy filing are all weighing on crypto markets this week.
Crypto fund investment still dominated by the United States: Database
Crypto database shows that most firms are venture capital at 52.8%, followed by hedge funds with 44.3% and then private...
Game7 allocates $100M in open-source technology grants for Web 3.0 gaming companies
"We're looking to support teams building innovative open-source infrastructure that can accelerate the blockchain gaming space and foster collaboration," wrote...
BlockFi files for bankruptcy, as many expected, cites FTX collapse for its troubles
The crypto lender was previously “rescued” by FTX following Terra’s stablecoin collapse. BlockFi announced on Nov. 28 that it had...
Bitcoin will ‘teleport’ to $14K or worse if BTC breaks $16K — Analyst
Bitcoin faces pressure from China, a stock market trend in addition to the FTX fallout. Bitcoin (BTC) hovered above $16,000...
Biggest Movers: DOGE Down 10%, XRP Extends Declines
Dogecoin was down by as much as 10% to start the week, as the token retreated from Sunday’s high. The...
Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months
During the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Start Week Lower as Bearish Sentiment Returns to Markets
Bitcoin fell to a six-day low to start the week, as the token moved closer to the $16,000 level. The...
Salvadoran Group Files Lawsuits Against President Nayib Bukele on Lack of Transparency in Bitcoin Purchases
Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds...
Bitcoin is the king of crypto brand awareness for Aussies: Report
The IRCI report states that Australians still believe in Bitcoin and that the boomer demographic is growing in conviction. Bitcoin...
