THORChain founder and his plan to ‘vampire attack’ all of DeFi
THORChain’s founder unveils a “vampire attack” strategy to draw over $1 billion in liquidity from struggling DeFi projects, aiming to enhance user trust and boost capital efficiency.
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Why is XRP price up today?
XRP’s price surged amid a broader crypto market correction, driven by anticipation of a pivotal Ripple-SEC meeting, potentially influencing regulatory clarity and XRP’s future adoption.
Price analysis 7/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin is holding at $65,500; failure to maintain this level could lead to a drop to $62,000, affecting altcoins. Staying informed is crucial amid market volatility.
MEW, WIF and Solana memecoins soar amid increasing network activity
Solana memecoins are thriving, showing double-digit weekly gains and significant community engagement, signaling robust potential for future growth and innovation in the cryptocurrency market.
Cardano ready for Chang hard fork after latest validator node release
Cardano’s upcoming Chang hard fork enhances decentralized governance, allowing user-driven decision-making. With 1.7 million native tokens launched, this move aims to boost engagement and attract developers.
Bullish Bitcoin traders better positioned for Friday’s $5.5B options expiry
Bullish Bitcoin traders prepare for a $5.5 billion options expiry, with 90% of open interest in call options, signaling strong optimism and potential profits amid market volatility.
Decentralized finance is growing up: How DeFi is becoming ‘NewFi’
Traditional finance giants like BlackRock are entering the DeFi sector, driving its evolution into ‘NewFi,’ with over $100 billion in total value locked, enhancing security and attracting institutional trust.
Tiny 500Gh/s home Bitcoin mining device produced a block, earning over $200K BTC
The Bitaxe, a low-power mining device with 500 Gh/s, mined a Bitcoin block worth over $200,000, proving small miners can achieve significant rewards in the crypto landscape.
Hashdex files S-1 for ETF to hold Bitcoin, Ether and potentially others
Hashdex has filed for an S-1 to launch the Nasdaq Crypto Index US ETF, potentially holding Bitcoin, Ether, and more, marking a pivotal moment for traditional crypto investment access.
Bitcoin rewards app Fold to go public on Nasdaq via SPAC deal
Fold, a Bitcoin cashback app, is set to go public on Nasdaq via a SPAC deal by the end of 2024, marking a major milestone for Bitcoin rewards platforms.
Crypto bank Sygnum posts profit after doubling crypto trading volumes
Sygnum Bank reports a profit as crypto trading volumes double, reflecting increased investor confidence. The bank aims for full compliance with MiCA regulations by Q1 2025, signaling strong growth potential.
Bitfarms forced to stop ‘poison pill’ strategy amid Riot takeover attempt
Bitfarms’ “poison pill” strategy against Riot Blockchain was terminated by the Ontario Capital Markets Tribunal, highlighting challenges in crypto mining mergers amid a projected $1.6 billion industry by 2025.
Riot Platform buys Kentucky-based Block Mining for $93M
Riot Platform has acquired Block Mining for $93 million, boosting its self-mining hashrate by one exahash per second, enhancing competitiveness and solidifying its position in the cryptocurrency mining sector.
New Jersey mayor plans to invest in Bitcoin ETFs for city’s pension fund
Jersey City’s Mayor Steven Fulop plans to invest in Bitcoin ETFs for the city’s pension fund, potentially setting a precedent for municipal finance and reflecting a growing acceptance of cryptocurrency among Americans.