The project has seen decent growth in 2024 but still trails leading players in adoption. While its strategic push into Web3 gaming aims to unlock broader success, the outcome remains uncertain.
THORChain, a cross-chain decentralized exchange, faced solvency issues caused by its DeFi services. Imbalances between deposits of bitcoin and other assets created a net short position for the protocol that worsened in the bull market. The protocol had to issue rescue tokens to cover the gap
DeFi projects are increasingly planning to share revenue with token holders, making these tokens similar to traditional dividend-paying shares. This trend suggests that DeFi may begin to resemble traditional finance systems while maintaining its decentralized nature.
In a snide exchange with Coinbase CEO Brian Armstrong, Sun called out the exchange for not listing TRX. Coinbase has previously questioned Sun's transparency and history of evasive behavior.
World Liberty Financial (WLF) moved $307 million to Coinbase Prime, Eric Trump pumps Ether, and TRON and Movement Labs both deny any ‘Token Swap’ deal for WLF Inclusion.
Bybit registers with India’s regulator.
SEC reassigns top crypto litigator Jorge Tenreiro to IT department.
NYSE files with SEC to convert Grayscale LTC Trust into a spot ETF.
Landon Zinda leaves Coin Center to join SEC’s Crypto Task Force.
Stronghold Digital fined $1,4M for diverting power to
Happy Monday, Observers!
Silicon Valley was in panic mode last week due to the launch of the cheap-built Chinese large language model DeepSeek.
The threat of Chinese technology disrupting the AI industry wiped off $1 trillion of the US stock market, leading the crypto markets too to start the week
Originally slated for Q3 2024, Uniswap teased the imminent release of its V4 version this week. The new DEX decreases transaction costs for the users and brings advanced tools for developers. The previous versions of the protocol still contribute to Uniswap's market share
Humanity Protocol, a palm vein scanning supported identity verification firm, has recently achieved a valuation exceeding $1 billion following a successful funding round.
In a snide exchange with Coinbase CEO Brian Armstrong, Sun called out the exchange for not listing TRX. Coinbase has previously questioned Sun's transparency and history of evasive behavior.
Nasdaq was hit hardest, alongside Nvidia, which plummeted by around 17%. Alpha lost $100 billion, and Microsoft lost $7 billion. Crypto markets reacted similarly, even foreshadowing the effect.
Taking two inhales and one long exhale slows your heart rate and leaves you feeling calmer.
Donald Trump’s inauguration on Monday kicked off a new era for cryptocurrencies in the United States and abroad. If this week serves at all as an example of what’s to come, neurosis
In a move that should surprise no one, Telegram strengthens its partnership with TON blockchain, pushing out all other networks from Telegram Mini App developer toolkits.
Launching a meme-coin to fund the work of crypto sleuth ZachXBT has caused controversy that is hard to understand from either a technical or moral perspective but fairly easy to grasp when viewed through the lens of personal gain.
Those wondering what CZ would get up to after his release need wonder no more. The ex-CEO of Binance will take an "active role" in the venture, which will continue investments in Web3 and expand to AI, biotech, and other innovative industries.
Markets reacted with bullish anticipation to news of Trump's call with President Nayib Bukele of El Salvador, but it was crime and illegal immigration on the agenda.
World Liberty Financial (WLF) moved $307 million to Coinbase Prime, Eric Trump pumps Ether, and TRON and Movement Labs both deny any ‘Token Swap’ deal for WLF Inclusion.
Bybit registers with India’s regulator.
SEC reassigns top crypto litigator Jorge Tenreiro to IT department.
NYSE files with SEC to convert Grayscale LTC Trust into a spot ETF.
Landon Zinda leaves Coin Center to join SEC’s Crypto Task Force.
Stronghold Digital fined $1,4M for diverting power to
Happy Monday, Observers!
Silicon Valley was in panic mode last week due to the launch of the cheap-built Chinese large language model DeepSeek.
The threat of Chinese technology disrupting the AI industry wiped off $1 trillion of the US stock market, leading the crypto markets too to start the week
Originally slated for Q3 2024, Uniswap teased the imminent release of its V4 version this week. The new DEX decreases transaction costs for the users and brings advanced tools for developers. The previous versions of the protocol still contribute to Uniswap's market share
Humanity Protocol, a palm vein scanning supported identity verification firm, has recently achieved a valuation exceeding $1 billion following a successful funding round.
