From more non-custodial liquid staking services to more privacy-focused projects, the community shared what they want for the future of DeFi. While the broader crypto market is on a downward spiral and social media is plagued with fears and complaints, some are choosing to focus on the decentralized finance (DeFi) space’s potential for the future. ...Continue Reading

NFTs are still a gray area in China where unlike cryptocurrencies, there’s no official ban on its use, but the authorities have warned investors against the risks from time to time. The popularity of nonfungible tokens is on the rise as recent data shows that the number of digital collectible platforms in China has grown...Continue Reading

Twitter user Gofortim2 called out to lending platforms to become more transparent and honest on where assets are deployed. In a tweet, Finblox announced that the firm is assessing the effects of 3AC’s situation on its liquidity. While the firm does this, it highlighted that it paused its reward distribution for all of its users...Continue Reading

Binance Labs’ parent firm Binance is also looking to hire 2,000 employees amid the latest market decline as the firm sees bear markets as a “great time to bring on top talent.” Binance Labs, the venture capital and incubation arm of the Binance cryptocurrency exchange, continues its business as usual despite the ongoing bear market....Continue Reading

The move comes after 18 Polkadot parachain auctions were secured on the original SALP protocol. On Friday, Bitfrost, a Web 3.0 derivatives protocol that provides decentralized cross-chain liquidity for staked assets, launched the updated Slot Liquidity Auction Protocol dubbed “SALP 2.0.” Projects such as Moonbeam, Unique network, OAK network, Polkadex, etc., held their parachain crowdloans...Continue Reading

Roland Guirdonan came to believe that cryptocurrencies are genuinely the “future of money” despite an unpleasant experience at his first job in the industry. Crypto startups have a significant role to play in the development of the entire blockchain industry. However, while many business owners have big ideas that aim to change the world, some...Continue Reading

Dark days for crypto institutional investors as contagion fears are magnified and asset prices tumble. The largest Bitcoin investment vehicle, the Grayscale Bitcoin Trust (GBTC), is now trading at its biggest ever discount to the spot market. Data from on-chain analytics resource Coinglass shows GBTC shares down 34% versus Bitcoin (BTC)/USD on major exchanges as...Continue Reading

The class-action lawsuit has raised many eyebrows in the crypto community, with many confident the suit will not be successful. Billionaire Elon Musk, along with his companies SpaceX and Tesla Inc, are all being sued for an astonishing $258 billion in damages for being “engaged in a crypto pyramid scheme” involving Dogecoin (DOGE). The damages...Continue Reading

Although the President has previously called the laws innovative, his concern regarding anti-money laundering measures has put the bill back up for debate with the government. Panama’s President Laurentino Cortizo has partially vetoed Bill No. 697 dubbed the “crypto bill” saying it requires more work to better fit Panama’s financial regulations. President Cortizo previously warned...Continue Reading

The billionaire crypto investor admits there are still hard times ahead for most financial markets, but says that as long as the crypto space produces new tech, it will be fine. Billionaire crypto investor and owner of the Dallas Mavericks Mark Cuban says the current market downturn reminds him of a well-known adage uttered by...Continue Reading