Algorand-based decentralized finance (DeFi) protocol, Algofi, has announced winding down its operations. In a statement, Algofi cited a “confluence of events” as the reason behind its decision that has rendered it no longer viable to […]
As Coinbase stock reaches a 52-week high, ARK Invest — the investment management firm led by Bitcoin (BTC) bull Cathie Wood — has recently sold more of its shares in the crypto exchange. Following ARK Invest’s significant acquisition […]
Lending protocol Geist Finance is shutting down permanently due to losses from the Multichain exploit, according to a July 14 social media post from the app’s development team. Geist contracts were paused on July 6, […]
Peer-to-peer (P2P) lending, which links borrowers and investors directly, has become a well-liked substitute for traditional banking. P2P lending networks enable decentralized lending, in which people can borrow money from other people or institutions directly […]
It was a week of altcoin rallies after Ripple’s courtroom victory against the SEC, and details of an upcoming Polygon 2.0 rollout shifted attention away from the two market leaders. Bitcoin (BTC) still gained in […]
In the latest episode of Market Talks, show host and Cointelegraph head of markets Ray Salmond sat down with Polkadot ambassador and content creator KryptosChain to discuss the current state of the crypto market and […]
A third-party entity called Eeon has intervened in the lawsuit filed by the United States Securities and Exchange Commission (SEC) against crypto exchange Binance. As stated in the filing with the United States District Court […]
Spain is leading Europe’s adoption of Worldcoin’s proof-of-personhood (PoP) protocol. Dubbed World ID, it has already amassed a staggering 150,000 registrations. This global identity protocol is increasingly gaining traction with its ambition to expand the […]
Coinbase, a leading cryptocurrency exchange, has ceased its staking services for retail customers in California, New Jersey, South Carolina, and Wisconsin following orders from state regulators. This move comes amidst legal proceedings initiated by regulators […]
Ripple’s XRP price increased massively on July 13, reaching a new yearly high of $0.938. This was the highest price reached since April 2022. The increase was likely fueled by positive news regarding the Ripple […]