Avalanche Launches Bitcoin Brdige Through Web3 Wallet Core
The newly launched bridge aims to connect bitcoin users to Avalanche-based DeFi protocols such as Platypus and TraderJoe.
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Binance US Offers Zero Trading Fees for Bitcoin Spot Pairs
Following Binance US's announcement, shares of Coinbase and Robinhood have dropped respectively.
Bitcoin Miners Sold 100% of Their Outputs in May: Analyst
As the crypto dump worsened in June, Arcane predicted that bitcoin miners have sold even more bitcoins in June.
Solend Whale Moves $25M to Another Platform Despite Canceled Plans to Seize Their Wallet
After passing the first proposal, the DAO behind Solend was seen as setting a bad precedent for DeFi lending platforms.
NFT Marketplace Magic Eden Raised $130M to Expand Beyond the Solana Ecosystem
The Serial B round of funding was co-led by Electric Capital and Greylock, with Lightspeed Venture Partners joining previous investors
Babel Finance Set to Delay Debt Payments, Refutes Invovlement With 3AC
Crypto lending firms that move user deposits to DeFi protocols for higher yields have been at a huge risk of
DeFi Protocol Bancor Pauses Impermanent Loss Protection Feature Amid Liquidity Crisis
Bancor reassured its users that the IL protection feature will be reactivated as soon as possible.
Digital Collectible Platforms in China Grow Exponentially Amid Government Warnings
Over 500 digital collectible platforms exist in China - a 5x growth within four months - according to the state
Fed Views Stablecoins as a Financial Instablity, Urges Regulators to Step in
The Fed express concern over fiat-backed stablecoins not having sufficient liquid assets backing their issuances.
The Metaverse Will Be Valued at $5 Trilllion by 2030: Report
The current adoption rate of the Metaverse is similar to what AI was five years ago, the report noted.
