▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ETHEREUM AN BITCOIN PRICE ON THE EDGE. Bitcoin Price analysis, Crypto News and Ethereum Merge and Price analysis. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Day: February 24, 2023
Yield platform Stablegains sued for promoting UST: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The backlash from the Terra implosion still haunts the crypto world, with the now-shuttered stablecoin yield platform Stablegains being sued for customer losses. The plaintiffs allege that the platform funnelled customer funds into Anchor Protocol without users’ knowledge or consent. Platypus, the DeFi protocol that was exploited for over $8 million, is working on a compensation plan to recover some of the funds. Florida’s…
Inside the mtnDAO: Solana Devs Gather for a Month-Long Utah Retreat
CryptoX – Cryptocurrency Analysis and News Portal Inside the mtnDAO: Solana Devs Gather for a Month-Long Utah Retreat Source The post Inside the mtnDAO: Solana Devs Gather for a Month-Long Utah Retreat appeared first on CryptoX. CryptoX Portal
‘Italian FTX’ Leaves Users in Limbo, Citing ‘Difficulties in Liquidity Management’
‘Italian FTX’ Leaves Users in Limbo, Citing ‘Difficulties in Liquidity Management’ Source
For Solana Users, ‘Priority Fees’ Mean Paying Up to Skip the Line
Solana suffered multiple well-documented (and excoriated) network outages in 2022 and 2021, some of which were driven by bots pummeling one corner of the blockchain simultaneously. In one such outage, in September 2021, bots crowded a token sale on exchange Raydium with more transactions than Solana could handle. Solana basically broke, going offline for 17 hours – an eon in 24/7 cryptocurrency markets. Source
DeFi ‘fragility’ causes and cures explored in highly technical Bank of Canada study
The Bank of Canada has released a working paper that examines lending protocols in decentralized finance (DeFi) with regard to sources of instability and their relation to crypto asset prices. Its findings point to potential ways to optimize DeFi lending platforms, or possibly the practical limits of decentralization. The authors of the paper, titled “On the Fragility of DeFi Lending” and released Feb. 22, acknowledged the inclusiveness DeFi offers and the advantages of smart contract protocols over the use of human discretion. They went on to identify the systemic weaknesses…
SEC’s Coinbase Insider Trading Case Is ‘Backdoor Rulemaking,’ Trade Association’s CEO Says
The SEC’s Wahi case could be redundant, in part because “they’ve already been indicted by the DOJ,” Boring said. Still, in “no way, shape or form,” is the trade association “trying to downplay the seriousness of insider trading” she said. Source
How to Create a Bitcoin Investment Website in Nigeria
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Welcome to my new video on How to Create a Bitcoin Investment Website in Nigeria! In this video, I will show you step-by-step … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days. Ethereum Digital Collectibles and Mutant Ape Yacht Club Lead NFT Sales Surge While crypto asset prices took a step back on Friday, the last seven days have shown a significant rise in NFT sales compared to the previous week. Bitcoin.com News reported last week that NFT sales had surged 43%,…
Peloton’s Robin Arzón Is Building a Web3 Community Around Working Out
Arzón believes that gamification can certainly motivate behavior, but beyond any new gimmicks and gadgets, it’s good old-fashioned consistency that unlocks the true benefits of fitness as a lifestyle. For this level of transformation, a person needs more than a game or a token, they need an accountability partner, says Arzón. Source