Interlay Launches “One-Stop-Shop” Bitcoin DeFi Platform Interlay, a decentralized blockchain network, has unveiled a new platform that aims to be a comprehensive solution for Bitcoin decentralized finance (DeFi). The platform includes a decentralized exchange (DEX) and a lending protocol, both integrated with Interlay’s…
The UK Parliament Passes Bill to Seize and Freeze Cryptocurrencies Used for Crime – The UK House of Lords has passed a bill that empowers authorities to seize and freeze digital assets involved in illegal activities. – The legislation aims to combat the…
A Significant Spike in XRP Burns A recent surge in XRP burns has caught the attention of the cryptocurrency community, leaving many puzzled. Approximately 247,000 XRP tokens have been mysteriously burned, causing speculation and discussion among enthusiasts. Key Points: – The daily burn…
Bitcoin (BTC) has outperformed other financial instruments and markets in the first half of 2023. Despite regulatory uncertainties and market downturns, Bitcoin saw an 83.8% increase, surpassing other major assets. The NASDAQ Index came in second with a 31.7% increase, followed by other…
What’s Up With Terraform Labs and Do Kwon? – Do Kwon, the co-founder of Terra, and his associates have made a substantial withdrawal of Bitcoin linked to the Luna Foundation Guard (LFG). – $163 million worth of Bitcoin, totaling 5,292 Bitcoins, was moved…
Largest Cryptocurrency Exchange Binance Faces Mounting Regulatory Issues Australian Securities and Investments Commission (ASIC) conducts search operation at Binance Australia’s offices ASIC investigates Binance Australia’s classification of retail and wholesale clients Binance Australia’s derivatives operation license revoked Binance announces cessation of PayID AUD…
Primex Finance Announces Mainnet Launch and Future Plans Primex Finance, a non-custodial prime brokerage protocol, is excited to announce the upcoming launch of its highly anticipated mainnet. The team is making significant progress, with the code frozen and the auditing process underway. Here…
Pechman’s Take on SEC and Bitcoin ETF Pechman suggests that if the SEC refuses a Bitcoin ETF, it may require a court decision. The judge would review the rule applied to existing spot ETF markets like gold and oil to determine if the…
The Proposal for Enhanced Security in DeFi: ERC 7265 The decentralized finance (DeFi) space has recently experienced a surge in security breaches, putting users at risk of significant losses. To address this issue, a group of Ethereum community members has proposed a new…