High-risk DeFi loans surge after US election as crypto market rallies
High-risk DeFi loans have soared since the US elections, just months after Curve’s founder was liquidated for over $100 million.
Tag: 8. November 2024
Ethereum Foundation Discloses $970M Assets in 2024 Financial Report
TLDR Ethereum Foundation holds $970.2M in assets as of October 2024, with $788.7M in crypto 99% of crypto holdings are...
Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000
A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited,...
Crypto.com Unveils ‘Level up’ Rewards Program, Integrates New Service Suite
Singapore-based Crypto.com has unveiled its “Level Up” rewards program, seeking to deliver stocks, banking services, and cards under one roof....
How Will Trump’s Win Affect the Crypto Market? Why Crypto All Stars Might Benefit?
Crypto investors are buzzing after yesterday’s election results revealed Trump will return to the White House. His last term saw...
African Payment System Gets Banker’s Endorsement, but Viability Questions Linger
The Pan-African Payments and Settlements System aims to formalize $50 billion in informal trade and save the continent $5 billion...
‘Significant Changes’ Loom: SEC’s Crypto Strategy Faces Potential Overhaul
Significant changes are on the horizon for the SEC, predicts Coinbase’s legal chief, who foresees a Trump-led agency narrowing its...
America Elects the Most Pro-Crypto Congress Ever, Declares Coinbase CEO
A newly elected, pro-crypto Congress is set to reshape U.S. policy, says Coinbase CEO, with 281 advocates ready to drive...
Crypto Power Surge: Over 280 Pro-Crypto Allies Secure US Congress Seats
A pro-crypto Congress takes shape as more than 280 newly elected crypto-friendly allies promise to drive bold reforms, fueling momentum...
JPMorgan Stays Bullish: ‘We Are Positive on Bitcoin Into 2025’
JPMorgan forecasts a bullish outlook for bitcoin through 2025, citing Trump’s economic policies and intensified “debasement trade” strategies favoring bitcoin...
Eclipse, the first Ethereum L2 based on Solana launches mainnet
The launch of Eclipse is one of the most hyped network launches of the year, with the hybrid blockchain project...
Lamborghini to open ‘Revuelto NFT’ mint with Animoca Brands, Transak
Lamborghini’s dive into NFTs comes amid lower monthly sales volumes for digital collectibles.
Crypto.com faces scrutiny in Poland as regulator issues public warning
Polish authorities have issued a cautionary alert on Crypto.com’s operations, citing possible regulatory noncompliance but stopping short of a ban.
Telegram is becoming a one-stop app like China’s WeChat — Bitget CEO
According to DemandSage, Telegram boasts approximately 950 million monthly active users and has raised over $4 billion since its launch.
Magic Labs, Polygon launch crosschain smart wallet for AggLayer
Newton’s testnet went live on Polygon’s AggLayer, promising a crosschain solution for smart wallets.
