DeFi (Decentralized Finance)
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Crypto Payment Platform SpankPay Shut Down Service, Cites Recent Bank Crisis
The Ethereum-based adult entertainment firm, SpankChain has reportedly closed its crypto payment platform, SpankPay, after cutting ties with Wyre, its payment service provider. SpankPay was forced to discontinue its crypto […]
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Bank Crash Triggers Crypto Frenzy With Investors Accumulating BTC And ETH
The recent banking contagion resulting from the collapse of Silicon Valley Bank (SVB) and two other banks has seen investors rushing to acquire crypto assets, especially Bitcoin and Ethereum. Investors […]
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The Next Huge Ethereum Upgrade Is Planned For March 2023
Many crypto enthusiasts hoped that the Ethereum merge would be a significant boost to the performance of the native ETH token. The event turned out to be a dud and […]
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US Authorities Investigating Into DeFi And The Means Of Its Audit
The US-based regulators are looking for input on how DeFi is affecting financial crime. Laws pertaining to finance washing and terrorist funding are “closely scrutinized” as a result of FinCEN’s […]
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Galaxy Has Plans To Purchase A Self-Regulated GK8 Service
Galaxy corporation owned by Novogratz purchased the GK8 from Celsius after its bankruptcy. Under the condition that ownership changes, Celsius is expected to buy the self-custody platform in 2021 for […]
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A Decent Number Of Americans Have Invested In Cryptocurrencies, Show Research Results
The non-partisan think tank based in Washington DC, Pew Research Center recently shared its findings on a recent study conducted surrounding cryptocurrency investments. The results shown by the Pew Research […]
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KeyFi Has Been Countersued by Celsius for Incompetence and Deceit
Celsius, a cryptocurrency lending firm that recently went bankrupt has decided to take action against KeyFi, a decentralized finance protocol. The financial crisis-struck firm has even decided to take action […]
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Binance CCO’s Deepfake Used by Hackers to Carryout Listing Scams on Exchange
A major scam was carried out by a group of hackers recently on the largest cryptocurrency exchange by trading volume, Binance. The reports confirm that the hackers carried out the […]
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Trading Price of UNI Surges by 45%, Trading Volume Rivaling Even Ethereum
UNI, the native token for Uniswap, a major decentralized finance (DeFi) exchange has recorded a strong rally in the running week. Alongside the spike in the trading price, the trading […]
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Binance.US has Just Turned Up its Game against fellow Competitors
Binance.US has made an exciting announcement for the entire Binance community. The officials at the exchange have announced that they have removed any fees that the investors would incur when […]