The protocol’s ability to maintain its value despite the precipitous drop in the bitcoin market this year has made it a popular choice. The total locked value (TVL) of GMX has steadily increased and currently stands at a record $455 million, according to cryptocurrency data source DefiLlama, while the TVL of other decentralized finance protocols has declined. Token holders on the GMX exchange get 30% of all transaction fees.
On Wednesday, Bi…
A U.S. court has ruled in favor of Ripple, ordering the regulatory body to hand over information supporting the company’s stance in the continuing legal fight.
Former SEC Director William Hinman demanded the materials be released and they were. The papers are essential to Ripple’s case.
News accounts state that Manhattan federal judge Analisa Torres ruled against the regulator’s bid to seal records pertaining to former SEC staffer William…
According to the official announcement of Bybit, Diamond Launch (DLC) is live on Bybit Launchpad. The Snapshot Period is from Sep 10, 2022, 12AM (midnight) UTC till Sep 14, 2022, 11:59PM UTC, while the DLC/USDT Spot pair will be live for trades on Sep 15, 2022, 12PM (noon) UTC. Moreover, from Sep 15, 2022, 12PM (noon) UTC to Sep 18, 2022, 12PM (noon) UTC, the first 500 traders who purchase at least 10,000 DLC on Bybit will earn a cut from the 3…
The consulting firm KPMG has issued its report on the “fintech pulse”, and has reached interesting conclusions in its section dedicated to cryptocurrencies and blockchain.
The top priorities for the cryptocurrency industry this fall, according to KPMG’s Pulse of Fintech report, are:
Some companies that focus on cryptocurrencies are putting themselves to the test by trying to recapitalize at lower valuations, which is hard for any co…
Binance, the issuer of the world’s third-largest stablecoin, said on Monday that, beginning on September 29, it would convert customers’ holdings in USD Coin (USDC), Pax Dollar (USDP), and True USD (TUSD) into its own stablecoin (BUSD) in an effort to “improve liquidity and capital-efficiency for consumers.”, a decision that has perplexed many crypto fans.
As a result of the move, the world’s largest crypto exchange said it will remove spot…
