A new research note released by the Bank of Singapore (BOS) suggests that cryptocurrencies are likely to replace gold as a store of value. However, the note says it is…
Continue ReadingDespite surging prices, Bitcoin investors are rapidly locking up their BTC for the long-term, with 270,000 BTC being taken out of liquid supply in the last 30 days. According to…
Continue ReadingLondon-based Wintermute, an algorithmic liquidity provider for digital assets, closed a $20 million Series B led by Lightspeed Venture Partners with participation from Pantera Capital. Other investors joining the round…
Continue ReadingMulti-asset brokerage eToro has issued a warning to users looking to buy bitcoin and other cryptocurrencies over the coming weekend. According to an email sent to customers and as reported…
Continue ReadingIsrael-based exchange platform eToro is struggling to keep up with the demand from crypto traders according to an email sent to users earlier today. “The unprecedented demand for crypto, coupled…
Continue ReadingDecentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the…
Continue ReadingThe chorus is getting louder. Adding his sonorous voice to the chorus of renowned investors talking about bitcoin recently, hedge fund manager Stanley Druckenmiller stated on a CNBC interview this…
Continue ReadingCentralized cryptocurrency exchanges (CEX) operators say they are unfazed by the increasing trading volumes on decentralized exchanges (DEX) because the latter’s liquidity is still too insignificant to cause user mass…
Continue ReadingThe latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data…
Continue ReadingAs the majority of DeFi related tokens continue to beat a retreat from their peaks this year, industry experts have weighed in on whether the decentralized finance bubble has burst,…
Continue ReadingThe Chicago DeFi Alliance, launched in April, is poised to help members make a killing from the recent decentralized finance (DeFi) craze. So many billions of dollars worth of assets…
Continue ReadingThe Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also…
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