Finance Redefined: DeFi protocols lost $1.6B, EU to rethink DeFi approach, and more
The week in DeFi saw European lawmakers write a new chapter on DeFi, a Virginia…
Day: 6 May 2022
Eager to work: Bitcoin switch to proof-of-stake remains unlikely
Environmental and proof-of-stake proponents have been lobbying to change Bitcoin’s mining consensus code, but history…
Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout
Ether could continue dropping against the U.S. dollar in a high interest-rate environment. Ethereum’s native…
Ready Games will help developers upgrade their games to Web3
The company will release tools to swiftly upgrade mobile Web2 games in compliance with Apple…
Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T
Weak retail demand and bearish derivatives data reflect a dismal short-term outlook for the crypto…
Crypto Biz: The real reason crypto hodlers should care about the Federal Reserve, April 28–May 4, 2022
On May 4, the FOMC voted to raise interest rates by 50 basis points. Here’s…
Crypto mixer sanctioned by US Treasury for role in Axie Infinity hack
The crypto mixer is said to have processed $20.5 million out of the $620 million…
There’s more to NFTs than just PFPs — 5 ways nonfungible tokens will transform society
NFT art continues to grow in popularity, but what other industries could the technology disrupt…
Bitcoin Price Prediction for Today, May 6: BTC Price Plummets Below $36,000
The Bitcoin price prediction loses traction as the coin heads to the south; losses are…
Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency Derivatives
The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products…
Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’
Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot…
Klein Finance Announced the Completion of a Funding Round With Participation From KCC Chain and KuCoin-Ventures
PRESS RELEASE. Klein Finance, a stablecoin liquidity provider and exchange platform built on KCC (Kucoin…
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar…
Amid crypto hype, Google’s cloud unit creates Web3 team
The decentralized space continues its expansion and major brands are adopting Web3 tools, including Google’s…
90% of surveyed central banks are exploring CBDCs — BIS
“Globally, more than two-thirds of central banks consider that they are likely to or might…
