It may be crypto winter, but traditional financial institutions are sticking around and continuing to influence the space, said Ava Labs President John Wu. Ava Labs operates the Ethereum sidechain Avalanche, a smart contract platform designed around sustainability and speed that’s home to services for staking, lending, and trading cryptocurrency, including dapps Sushi Swap and Nexo. AVAX, up more than…
Illustration by Mitchell Preffer for Decrypt As markets began leveling off from a freefall, Crypto Twitter spent a bit more time discussing the latest bailouts. At the beginning of the month, Voyager filed for Chapter 11 bankruptcy shortly after revealing in June that it had a $661 million exposure to Three Arrows Capital (3AC), a crypto hedge fund that itself…
Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that two people familiar with the matter allege that the private lending platform…
Back in April, all the degens on Crypto Twitter were boasting about the money they were making just going out for a run and using “move-to-earn” Stepn. The app rewards you in its GST (Green Satoshi) token for walking, jogging, or running outdoors. Some Web3 folks were racking up more than $20 worth of GST per run. But that was…
The sale of the Central African Republic (CAR)’s 210,000,000 Sango coins is set to begin on July 25 and participating investors will have to buy tokens worth at least $500. In return for buying and locking in the Sango coins, investors will gain citizenship and a piece of real estate property as well as a location in the metaverse. First…
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Lisa Fridman, the president and co-founder of Quadrata, a network that brings an identity and compliance layer to DeFi across existing public blockchains.…
Ethereum’s native token Ether (ETH) saw a modest pullback on July 17 after ramming into a critical technical resistance confluence. Merge-led Ethereum price breakout ETH’s price dropped by 1.8% to $1,328 after struggling to move above two strong resistance levels: the 50-day exponential moving average (5-day EMA; the red wave) and a descending trendline (black) serving as a price ceiling…
Trend forecaster Gerald Celente told Bitcoin.com News that “World War III has begun,” weighing in on Covid-19, crypto, the Great Reset, and gold in an exclusive interview. Jordan Belfort, aka the Wolf of Wall Street, talked long-term BTC investing, as scorching inflation in the U.S. continues to plague Americans, though Biden’s White House says the latest numbers are “out-of-date.” All…
You may have recently seen some of the unhealthy internecine drama engulfing the Bitcoiner “community,” notably around who is—and who is most certainly not—a “maximalist.” A Bitcoin maximalist, in the broadest definition possible, is a person heavily invested in Bitcoin who believes Bitcoin is the only cryptocurrency that matters and all other cryptocurrencies are, if not scams, distractions from this…
press release PRESS RELEASE. Global blockchain technology organization ABBC Foundation announced a new crypto trading hub through its next-generation decentralized exchange (DEX) – DOMINO. Target launching of the DEX is on July 18, 2022. ABBC Foundation declared that DOMINO will boast enhanced security protocols to facilitate a safe and efficient trading environment. DOMINO DEX will allow its users to have…
