Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done.
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Three Arrows Capital has failed to meet margin calls: Report
Crypto lender BlockFi was among several companies to liquidate at least some of 3AC’s positions, according to a new report.
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Top 5 DeFi Projects With the Highest TVL (June 2022)
Software protocols that run on top of a blockchain network like Ethereum or Cosmos are called DeFi projects. To automate financial services, these projects use the underlying protocol technology and novel innovations. DeFi Projects gets their name because they are non-custodial and decentralized. The term “non-custodial” refers to the fact that the system does not manage or control the user’s crypto assets. Definitions – Decentralized Finance, or DeFi, is an ecosystem of financial applications built on existing blockchain networks. Defi projects solve unique problems within the financial industry, such as Lending and Borrowing, Crypto Exchange, and Derivatives. In Our Today’s
The post Top 5 DeFi Projects With the Highest TVL (June 2022) appeared first on The Merkle News.
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Swiss luxury watchmaker TAG Heuer introduces NFT enabled smartwatch
Watches, blockchain and NFTs combine with the launch of TAG Heuer’s new luxury wearable.
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Texas securities regulator investigates Celsius over withdrawal suspension: Report
Reports from different media outlets in the last week also suggested the Celsius Network has lost major backers and onboarded new attorneys amid a volatile crypto market.
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Elon Musk, Tesla, Spacex Facing $258 Billion Lawsuit for Promoting Dogecoin
Elon Musk, Tesla, and Spacex are being sued for $258 billion over claims that they “are engaged in a crypto pyramid scheme (aka Ponzi scheme) by way of dogecoin cryptocurrency.” The lawsuit states that Musk and his companies “falsely and deceptively claim that dogecoin is a legitimate investment when it has no value at all.” […]Powered by WPeMatico
Further downside is expected, but multiple data points suggest Bitcoin is undervalued
Traders are taking a hands-off approach to BTC, but a number of price metrics suggest Bitcoin is undervalued even though further downside is expected.
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Bitcoin of America Is Working to Solve the Gender Problem in the Cryptocurrency Industry
The cryptocurrency industry has a big gender problem when it comes to female involvement. Bitcoin of America (BOA), a popular virtual currency exchange, is looking to solve this major issue. BOA has been very open about their female involvement at conferences, expos, and even within their own company. Bitcoin of America revealed that most of […]Powered by WPeMatico
SOL price trending toward yearly low as Solana TVL drops $870M in three days
DeFi contagion fears and bearish technicals mean additional downside pressure on Solana price.
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Biggest Movers: SOL, TRX Nearly 10% Higher, as Crypto Prices Marginally Rebound
SOL was nearly 10% higher on Thursday, as crypto prices rebounded following recent losses. The rebound comes a day after the latest Fed rate hike, with TRX also gaining on the news. Solana (SOL) SOL was trading higher during today’s session, spurred by the latest Federal Reserve rate hike. Following a low of $28.46 on […]Powered by WPeMatico