An Aave governance proposal would wind down the lending protocol’s V3 markets on six blockchains and retire dozens of low-use token listings, a cleanup covering $98.1 million in supplied assets…
Crypto Currency
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Crypto Currency
Down to its last $4,000 in cash, a crypto firm holding millions in Solana is seeking a loan to survive $1.5M debt
UK-based Supernova Digital Assets has built a multimillion-pound crypto treasury, but its latest accounts expose the strategy’s less glamorous constraint: cash. An unfinished lender switch now stands between the company…
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It has been 11 years since the network behind the world’s largest altcoin launched. Here’s what happened since. Ethereum’s (ETH) genesis block turned 11 on July 30, closing quite…
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TL;DR Kraken Cyprus was one of seven international companies honored at the 14th Invest Cyprus International Investment Awards. Alexia Theodorou, Kraken’s Derivatives Director and General Manager of Kraken Cyprus, accepted…
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Crypto Currency
SBI Targets $6T On-Chain Finance Market With Canton Network Expansion and New Digital Unit
Key Takeaways: SBI Holdings has changed the name of its company SBI Security Solutions to SBI Digital Practice to favour on-chain finance activities through its initiative, Canton Network. The new…
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Binance will launch USDT-settled options on gold and silver through its Abu Dhabi-regulated exchange, expanding its lineup of traditional financial products alongside cryptocurrencies. The contracts will be listed through Nest…
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Crypto Currency
XRP is running a $2.4B debt trap that could wipe out spot buyers the second the Fed speaks
XRP trades near $1.06, down 2.9% over 24 hours and 8.6% over the past week, as CoinGlass shows $2.43 billion in XRP open interest, $2.47 billion in 24-hour futures volume,…
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Operators have to lock up their own ETH as collateral now. Liquid staking app Lido has started moving the bulk of its staked ETH onto Ethereum’s larger post-Pectra validators,…
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Crypto Currency
Tether’s $3.3B Gold Token Wins Shariah Approval, Opening Islamic Finance to XAU₮ Worldwide
Key Takeaways: XAU₮ has been officially certified as Sharia Compliant by Amanah Advisors, the gold backed token of Tether. Approvals for Islamic banks, institutions and investors to access compliant digital…
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Lido, a liquid staking protocol that lets users earn Ethereum staking rewards through its stETH token, has launched an upgrade to its staking infrastructure that aims to improve validator efficiency…
