Xiaodong Feng, Mixin’s founder, immediately outlined a compensation plan but would only reimburse up to 50% of users’ assets for now.
Category: Mixin
Auto Added by WPeMatico
Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March
The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the […]Powered by WPeMatico
Altcoins Slide as Price of Bitcoin Falls Below $9,000
As is always expected with major surges, cryptocurrency markets have seen a significant drawback following strong performances across the board since local BTC lows of under US$7,000 earlier in the month. Following impressive Bitcoin and altcoin gains earlier in the week, global market capitalization has fallen about 10% in the past day. While many speculators feared what would happen when Bitcoin approached the US$10,000 resistance, the price never quite made it to the benchmark. After reaching highs of about US$9,750 last night, BTC saw significant decline. After falling to local lows of around $8,800, the king of crypto recovered slightly to itsPowered by WPeMatico