Maple Finance 2.0 overhaul aimed at speeding up the defaulting process
The overhaul of the protocol, dubbed "Maple 2.0" comes only weeks after the platform saw two major defaults on the back of FTX's collapse.
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Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead
Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry is facing challenges after high-profile…
Bitcoin retraces intraday gains as bears aim to pin BTC price under $18K
BTC bears are positioned to profit from this week’s Bitcoin options expiry, especially if price stays below $18,000.
SBF’s Bahamian prison reported for 'harsh' conditions and 'degrading treatment' — US State Dept
Bahamian Commissioner of Correctional Services Doan Cleare reportedly said that most of the facilities had been renovated since 2021 and now had no “issues with rodents."
New OECD report takes lessons from crypto winter, faults ‘financial engineering’
The Organisation for Economic Cooperation and Development found regulation and retail consumer protections lacking in a highly complex trading environment.
Core Scientific’s Lender Offers $72 Million Bailout To Embattled Miner
The public miner may be saved by its lender as the two entities engage in attempts to restructure their debt.Core Scientific’s lender, B Riley, has stated its intentions of loaning out $72 million to the embattled publicly traded miner. Core…
Binance 'put FTX out of business' — Kevin O'Leary
A US Senate committee heard details of the investor's conversations with Sam Bankman Fried before the collapse.
Here is why Bitcoin price gave back all its intraday gains
BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike.
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases…
Bitcoin Volatility Explodes Around $18K Level, As Fed Reveals 50 Basis Point Rate Increase
Bitcoin price touched a high of nearly $18,400 in anticipation of today’s Federal Reserve meeting, where the US central bank was expected to raise interest rates by 50 basis points. Volatility picked up as the Fed meeting commenced, with Bitcoin…
MetaMask to allow users to purchase and transfer Ethereum via PayPal
The service will initially be rolled out to select PayPal users within the United States.
What Ethereum’s Rejection At $1,350 Says About The Cryptocurrency
Ethereum saw an increase in its price on Tuesday along with the rest of the crypto market following the positive CPI data release. The jump in price saw Ethereum finally beat the $1,300 price point after hovering around $1,200 coming out of the…
Senate FTX hearing: calls for regulation and crypto criticisms aplenty
"Short of enacting draconian authoritarian policies, cryptocurrency cannot be stopped," said Senator Pat T
The Agenda podcast chats crypto and sex work with WetSpace CEO Allie Rae
Allie Rae of WetSpace joins Cointelegraph’s new podcast The Agenda to discuss how crypto and blockchain can empower adult content creators.
NFTs minted on FTX break: Nifty Newsletter, Dec. 7–13
Because of the “ridiculous amount” of NFTs being minted, entrepreneur Gary Vaynerchuck argued that it’s unlikely for another market boom to happen.
Toncoin (TON) Shoots Up 50% In 7 Days – This Telegram Feature Cranks Up Demand
Toncoin (TON) is currently outperforming all other cryptocurrencies in the top 100 by market capitalization on a weekly basis. With a price increase of around 50% within the last seven days, the token is the undisputed leader, followed by Stacks…
Anonymous crypto developers belong in prison — and will be there soon
Users are interested in knowing the identities of developers behind the games they play. And soon, lawmakers are likely to write such disclosures into law.
NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes
On Dec. 14, 2022, statistics show that non-fungible token (NFT) sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales this week but on Wednesday afternoon, the floor…
Crypto users claim Gemini email leak occurred much earlier than first reported
Alleged reports of compromised emails began appearing as early as October.
Sens. Warren and Marshall introduce new money-laundering legislation for crypto
The senators have created a harsh, sweeping bill to clean up crypto’s AML/KYC act that will benefit from further discussion in the next Congress.
Visiting El Salvador’s Slums, It’s Clear Bitcoin Country Must Go Further
A visit to Soyapango, one of El Salvador’s most impoverished slums, shows that the Bitcoin experiment isn’t reaching those who need it most.This is an opinion editorial by Rikki, author and co-host of the “Bitcoin Italia,” and “Stupefatti”…
Reaching the Bitcoin price bottom is a process, says The Wolf of All Streets, Scott Melker
“People love to point at a specific price in hindsight as the bottom of an asset, but bottoming is a process,” Melker says during the first episode of Crypto Trading Secrets.
Biggest Movers: SOL Hits 3-Week High, as ADA Consolidates Ahead of FOMC Meeting
Solana surged to a three-week high ahead of this afternoon’s Federal Open Market Committee meeting (FOMC). The token rose for a second consecutive day, hitting a key price ceiling in the process. Cardano mainly consolidated on Wednesday, as…
Bitcoin traders await FOMC, Powell as BTC price hits new 1-month high
Bitcoin keeps up the gains with U.S. stocks with hours to go until a decision on rate hikes and comments from Fed Chair Powell.
Sen. Elizabeth Warren Introduces Sweeping Anti-Privacy, Anti-Freedom Bitcoin Bill
U.S. Senators have introduced a bill that would have a direct impact on the categorization and regulation of bitcoin miners, wallets and nodes.Senators Elizabeth Warren (D-Mass) and Senator Roger Marshall (R-Kan) have introduced the “Digital Asset…
Comic-Con guru says storytelling is the key component for successful NFT projects
Kumite NFT founder Gareb Shamus chats with NFT Steez about how NFT projects can engage with their respective communities through storytelling.
VanEck’s Bitcoin Prediction Stands At $10K-$12K By Q1 2023
VanEck is one of a handful of companies that continues to fight for the approval of a Bitcoin Spot ETF. The U.S. investment management firm received a resounding rejection from the U.S. Securities and Exchange Commission in November 2021 after a…
Gemini allegedly suffered data breach; 5.7 million emails leaked
Users’ emails, account numbers and partial phone numbers were allegedly leaked.
SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’
On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release SBF on bail with an ankle bracelet. Amid the…
Will FTX’s ill wind reach the Global South? Maybe not
In Latin America, "crypto is functional, it has a real utility." It can hedge inflation, provide access to dollars and internationalize wealth.