Crypto miner Poolin pauses BTC and ETH withdrawals, citing ‘liquidity problems’
“We will make a snapshot of the remaining BTC and ETH balances on pool on September 6th to work out the balances,” said Poolin. Go to Source Powered by WPeMatico
Liquidity
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Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days
In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). Amid the lead-up to The Merge, the decentralized finance (defi) and liquid staking protocol Lido’s total value locked … Read more
Where today’s DEXs are falling short, explained
Users expect decentralized platforms to do more than facilitate trades; platforms also deliver optimal prices and reward opportunities. Go to Source Powered by WPeMatico
Is Bitcoin really a hedge against inflation?
Bitcoin is working as a hedge against inflation despite its 2022 weak price performance, says Steven Lubka, Managing Directors of Private Clients at Swan Bitcoin Go to Source Powered by WPeMatico
Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation
Singaporean law offers temporary protection against any legal proceedings and claims, which the company believes would provide a breathing space to focus on its recovery plan. Go to Source Powered by WPeMatico
Stablecoin projects need collaboration, not competition: Frax founder
As long as stablecoin “liquidity is growing proportionally with each other,” there won’t ever be true competition between stablecoins, says Frax Finance’s Sam Kazemian. Go to Source Powered by WPeMatico
FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy ‘Hundreds of Millions’ to Help Crypto Industry
The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX published on July 22. Furthermore, Bankman-Fried discussed the crypto industry with CNBC in an exclusive interview, and noted that he was willing to deploy “hundreds of millions beyond what … Read more
Liquidity protocol uses stablecoins to ensure zero impermanent loss
The cross-chain liquidity protocol has put special focus on user experience with a simple user interface without them having to deal with complex virtual networks. Go to Source Powered by WPeMatico
Aave taps Pocket Network to beef up decentralized app development
Aave will leverage Pocket’s distributed network of 44,000 nodes to access on-chain data from various blockchains. Go to Source Powered by WPeMatico
3AC co-founder returns to Twitter, blames liquidators for “baiting”
The tweet attracted wild reactions from the community with several accusing the co-founder of playing the blame game while his whereabouts are unknown. Go to Source Powered by WPeMatico
