Seraphim Czecker, a DeFi expansionist at Lido Finance, put forth a proposal asking Mantle, a notable Layer 2 project, to allocate 40,000 ether, ($72 million) to Lido’s liquid staking platform. Mantle, which recently…
In a bid to recover as many assets as possible and potentially even reboot FTX, the bankrupt exchanges’ new leadership has been filing clawback requests from previous business partners and donation recipients. Clawback…
[Press Release – Georgetown, Cayman Islands, June 23rd] Tether chooses Kava, a layer-1 blockchain designed for scalability and speed, as its gateway to the Cosmos ecosystem. Kava is excited and honored by Tether’s…
German software giant SAP is testing Circle’s Ethereum-based USDC stablecoin for clients to tackle difficulties associated with existing cross-border payments. The company aims to provide a solution to the “hassle” for businesses when…
In the rapidly evolving world of crypto, the concept of Decentralized Finance (DeFi) has been gaining substantial attention. While it holds the potential to revolutionize the traditional financial system, its integration into the…
Chainlink (LINK) is one of the cryptocurrencies that has suffered the most from the weakness of the altcoins. The LINK price has collapsed after 397 days in the range between $9.62 and $5.32,…
At the midpoint of 2023, some investors see a recession storm on the horizon while others see clear skies ahead. The recession crowd is worried about negative consumer sentiment, while the no-recession camp…
JPMorgan has expanded its blockchain initiative, JPM Coin, to include euro transactions for its corporate clients. The move comes after the platform saw $300 billion in JPM Coin transactions. JPM Coin, which was…
Binance has reportedly raised the minimum staking amounts of several cryptocurrencies, such as solana (SOL), polkadot (DOT), and cosmos (ATOM), for users wishing to stake in their earning products. Binance adjusts asset caps The Binance…