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Year: 2023

cryptocurrency April 7, 2023

Ethereum-based decentralized finance (DeFi) protocol dYdX is closing operations in Canada. According to an official announcement, users in this country will be unable to open new accounts starting today, April 7th, at 17:00 UTC. Advertisements As a result of the announcement and following today’s trend in the crypto market, dYdX’s native token experienced a spike […]

cryptocurrency April 7, 2023

Cosmos switches gears for the fast lane to mass adoption. ATOM fails to overcome range amid low volatility and limited volumes prevail. The blockchain interoperability concept made rounds during the 2021 crypto bull run, and was championed by the likes of the Cosmos network. Unfortunately, they had to pump the brakes when crypto winter came. […]

cryptocurrency April 7, 2023

Key Takeaways Coin Center has responded to the U.S. Treasury’s “DeFi Illicit Finance Risk Assessment” report. The crypto advocacy group criticized the Treasury for assuming that all DeFi protocols failed to comply with AML regulations. However, it praised the report for acknowledging that DeFi presented very little risk of illicit activity compared to the traditional […]

cryptocurrency April 7, 2023

Advertisements The re-staking collective aims to address Ethereum validator economic incentives. A new protocol that allows Ethereum validators and stakers to “re-stake” their assets onto other emerging networks has just launched on testnet. The mainnet launch of the EigenLayer protocol is not expected until Q3, however, and testing will be phased in three stages to […]

cryptocurrency April 6, 2023

ETH’s upcoming Shanghai upgrade encourages more block trades ETH can robust demand but sell pressure and high leverage may undermine its $2000-target Ethereum’s blockchain has reportedly seen a noteworthy surge in large trades over the last 2 weeks. The kind of trades that are usually associated with more market confidence. Advertisements Is your portfolio green? […]

cryptocurrency April 6, 2023

Advertisements Join us as we discuss the potential outcomes of the upcoming Ethereum Shanghai upgrade and other important developments in DeFi. In this week’s episode of Market Talks, Cointelegraph welcomes Justin Bram, co-founder and CEO of Astaria, which allows users to put up their nonfungible tokens (NFTs) as collateral to earn instant liquidity. Bram also has […]

cryptocurrency April 5, 2023

Advertisements ETH price found news bullish momentum as traders gear up for next week’s major network upgrades. With one week to go until the Ethereum Shanghai and Capella upgrades on April 12, all eyes are on Ether(ETH). The second-largest cryptocurrency by market capitalization shrugged off rumors and regulatory action against exchanges to hit a seven-month high […]