DeFi market fell off cliff in Q2 but users haven’t given up hope: Report
While on-chain activity slowed down, the DeFi industry has managed to retain most of its daily active users. Despite the...
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Indian blockchain firm 5ire secures $100M to fund sustainability-focused project
An Indian development firm looks to create a bridge between sustainability and blockchain technology with a proprietary layer-1 protocol incentivizing...
BTC mining costs reach 10-month lows as miners use more efficient rigs
It now costs less to mine a single Bitcoin which could help to reverse the falling profitability trend while lowering...
Celsius bankruptcy filings show a company in deep trouble
The bankrupt CeFi crypto lender is about $1.2 billion in deficit, with the majority of its liabilities being customer deposits...
34% of gamers want to use crypto in the Metaverse, despite the backlash
According to Globant, 34% of gamers are interested in conducting crypto transactions in the Metaverse, while 16% have purchased NFTs...
Crypto markets need to hit ‘total panic’ before revival: Kevin O’Leary
The millionaire investor thinks that the market bottom will be marked by “total panic,” at which point weak companies with...
Data transfer network Plaid integrates 4 major crypto exchanges
The San Francisco-based fintech company now supports Binance.US, Gemini, Robinhood and SoFi accounts. United States data transfer network Plaid has...
Philippines’ digital transformation could make it a new crypto hub
The archipelagic country of the the Philippines is exploring blockchain use cases across different industry verticals. Binance, the cryptocurrency exchange,...
Bitcoin trading volumes post new high in Philippines peso on Paxful
Weekly Bitcoin trading volumes in the Philippines peso grew steadily on Paxful this year and eventually hit a new high...
OpenSea lays off 20% of its staff, citing ‘crypto winter’
The bear market in Bitcoin and altcoins has had a negative impact on staffing levels at major crypto companies, including...
CleanSpark scoops up 1K+ mining rigs at ’substantially discounted price‘
“We are seeing unprecedented opportunities in this market,” said CleanSpark president and CEO Zach Bradford. Crypto mining firm CleanSpark announced...
Circle discloses full breakdown of $55.7B USDC reserves
As of June 30, about 75.6% of Circle’s reserves were held in U.S. Treasuries and 24.4% were held in cash...
CFTC labels 34 crypto and forex firms as unregistered foreign entities
"Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said...
UK financial watchdog exec hints at importance of international collaboration on crypto regulation
“In the past, innovative firms would have been pleading for less regulation — now they understand and appreciate that rules...
Bitcoin derivatives data suggests bears will pin BTC below $21K leading in Friday’s options expiry
Bitcoin’s failure to break above $22,000 on July 8 opened room for bears to score a $100 million profit in...
