As centralized US dollar-pegged stablecoins continue to gain popularity, the potential for regulatory capture has grown. News COINTELEGRAPH IN YOUR SOCIAL FEED The potential risks of overcollateralized stablecoins have recently come into sharper focus. Michael Egorov, the founder of the decentralized borrowing and lending platform Curve Finance, explained that these risks are not necessarily the […] More
Cryptocurrency mining will soon be banned in certain regions of Russia due to electricity shortages, per Deputy Energy Minister Evgeny Grabchak. Russia will soon prohibit Bitcoin (BTC) mining in several regions due to a critical electricity shortage, Russia’s state news agency TASS reports, citing Deputy Energy Minister Evgeny Grabchak. Speaking at a tech forum, he […] More
The partnership could enhance the “financial utility of Bitcoin for our institutional clients,” wrote Calvin Shen, the chief commercial officer at Hex Trust. News COINTELEGRAPH IN YOUR SOCIAL FEED Hex Trust, a fully licensed digital asset services provider, has partnered with the Stacks Asia Foundation to capitalize on the $180 billion market opportunity around the […] More
1inch has teamed up with the Bruce Lee Family Company for the “Take crypto seriousLee” campaign, merging DeFi and Lee’s legacy to shift public perception of cryptocurrencies. News COINTELEGRAPH IN YOUR SOCIAL FEED 1inch, a decentralized finance (DeFi) platform, has partnered with the Bruce Lee Family Company to promote DeFi adoption through the “Take crypto […] More
Tether’s record market capitalization signals the potential start of the next bull run amid growing investor anticipation of a major Ethereum upgrade. Newsletter COINTELEGRAPH IN YOUR SOCIAL FEED Optimism is returning among crypto investors after Tether surpassed the $120 billion mark for the first time — signaling the potential start of a historic “Uptober” rally, […] More
EMURGO – the blockchain project advancing Web3 adoption on the Cardano blockchain – announced a strategic collaboration with BitcoinOS (BOS), a smart contract operating system built for Bitcoin. The latest move aims to provide Cardano DeFi users with access to Bitcoin’s capital, valued at $1.3 trillion, without relying on third-party intermediaries. The first technical collaboration […] More
Pyth Network, a top oracle network, has expanded its reach within the decentralized finance market with a new feature dubbed Redemption Rate Feeds. Announced on Oct. 24, the redemption rate feeds, or RRF, provide real-time valuations for liquid staking tokens, restaking tokens, and yield-bearing stablecoins. With this feature, Pyth Network (PYTH) offers the broader DeFi […] More
RARI Chain and Arbitrum are teaming up to launch DeFi Days — offering workshops, quests, and contests to help creators explore new crypto-earning opportunities. DeFi Days is an eight-week initiative designed to empower Web3 creators by offering new crypto-earning opportunities. This news comes from a press release shared with crypto.news. The campaign, which starts on […] More
Key Takeaways Ink blockchain by Kraken aims to simplify DeFi with a user-friendly interface. Kraken’s Ink will not issue its own token, focusing instead on service expansion. Share this article Kraken announced today it will launch its own blockchain for DeFi trading and lending in early 2025. Dubbed “Ink,” the chain will adopt similar technology […] More
Kraken’s new blockchain, Ink, will simplify decentralized finance access, offering trading, lending and borrowing services without intermediaries. News COINTELEGRAPH IN YOUR SOCIAL FEED Kraken, a centralized cryptocurrency exchange (CEX), plans to launch its own blockchain dubbed “Ink” in early 2025, focusing on decentralized finance (DeFi) applications. According to a Bloomberg report, Ink aims to enable […] More
[PRESS RELEASE – Singapore City, Singapore, October 24th, 2024] aarnâ, a leader in decentralized finance (DeFi), has officially launched its innovative AI-driven vault, âfi 802, designed to deliver market-beating defi yields with robust security. Leveraging a sophisticated deep-learning model, âfi 802 offers a unique DeFi solution that simplifies yield generation while minimizing risks. Fulfilling the […] More
The Ethereum FUD is showing no signs of slowing while prices of the underlying asset remain weakened. ETH dumped more than 5% over the past 24 hours, falling from an intraday high of just over $2,600 to a low of $2,460. It has recovered marginally to trade at $2,550 at the time of writing, but it […] More
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