Time to accumulate? 5 sectors to watch during crypto winter
Crypto prices have dropped to multiyear lows, raising the question of which assets from which subsectors are ready for accumulation. Go to Source Powered by WPeMatico
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Finance Redefined: DeFi market fell off the cliff in Q2, but there’s hope
Analytical data reveals that DeFi’s total value locked registered a minor dip from the past week, falling to a value of $56.45 billion. Go to Source Powered by WPeMatico
Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’
The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad macroeconomic instability.” Opensea’s decision follows the startup surpassing $31 billion in all-time NFT sales volume, and the … Read more
Philippines’ digital transformation could make it a new crypto hub
The archipelagic country of the the Philippines is exploring blockchain use cases across different industry verticals. Go to Source Powered by WPeMatico
BNB Chain launches DApp platform with ‘Red Alarm’ to warn users about scams
DappBay’s Red Alarm is a contract risk scanning tool that helps users identify high-risk projects to avoid rug pulls and frauds. Go to Source Powered by WPeMatico
3 reasons why Bitcoin is struggling to flip $20K to support
BTC continues to sell-off, but analysts say investor sentiment could reverse when inflation peaks or traders feel that the situation with insolvent DeFi platforms is resolved. Go to Source Powered by WPeMatico
Blockchain-based games see an uptick in users despite bear market conditions
Data shows blockchain-based gaming protocols registered a steady uptick in daily active users and transactions despite the current bear market conditions. Go to Source Powered by WPeMatico
REPORT: Binance allegedly continued to serve Iranian customers, despite ban and sanctions
Iranian cryptocurrency users claim to have used global exchange Binance months after a company-imposed ban and renewed economic sanctions against the country. Go to Source Powered by WPeMatico
Binance ban off the cards, says Philippine trade and industry department
The Philippine Department of Trade and Industry waved off a Binance ban proposal, citing a lack of regulatory stance on cryptocurrencies from the central bank. Go to Source Powered by WPeMatico
Binance Gets VASP License From the Bank of Spain
Binance, one of the largest crypto exchanges worldwide, has secured a license from the Bank of Spain that will let the exchange operate in compliance with the local laws. This certification means that the exchange is currently complying with its AML/KYC processes required by the government of the country. More than 17 companies have received … Read more