Token hoarders defeat the purpose of most DAOs: Study
The study also showed that decentralized organizations work best when they’re built around a tight-knit group of focused participants. Go to Source Powered by WPeMatico
Month: July 2023
Cardano price turns bullish, but is there substance to the ADA rally?
Cardano’s DeFi footprint and network activity show an uptick in users, but will it be enough to sustain ADA’s recent bullish price action? Go to Source Powered by WPeMatico
Ethereum scaling protocols drive zero-knowledge proof use: Finance Redefined
The top 100 DeFi tokens had a mixed week, with most of the tokens trading in a narrow range before surging on July 13 courtesy of Ripple’s partial win in its court battle with the SEC. Go to Source Powered by WPeMatico
BlockFi CEO ignored risks from FTX and Alameda exposure, contributing to collapse: court filing
Crypto lending firm BlockFi had roughly $1.2 billion in assets tied to FTX and Alameda Research when the firm filed for bankruptcy in November 2022. Go to Source Powered by WPeMatico
Filecoin storage utilization surpass 7% in Q2: Report
Although utilization rose, protocol and supply revenue declined as more providers slashed fees to incentivize adoption. Go to Source Powered by WPeMatico
Price analysis 7/14: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, LTC, MATIC, DOT
Bitcoin and several altcoins are taking a breather after the sharp rally of the past two days, but the general trend remains bullish. Go to Source Powered by WPeMatico
Crypto lender Geist Finance shuts down permanently over Multichain hack
The $29 million TVL lending platform is shutting down because its oracles are misreporting Multichain token values after the exploit. Go to Source Powered by WPeMatico
Binance headcount reduction hits 1,000 employees: Report
The ongoing workforce reduction is reportedly global, with customer-service workers heavily affected. Go to Source Powered by WPeMatico
Everything that’s happened with Celsius and Alex Mashinsky so far
A look back at the rise and fall of Celsius, starting with the firm’s growth during the pandemic to the arrest of its former CEO and resolutions with federal regulators. Go to Source Powered by WPeMatico
Crypto will transcend international currencies — BlackRock CEO
Larry Fink states that global investors are increasingly eager to add crypto assets to their portfolios. Go to Source Powered by WPeMatico