DeFi

Marathon Digital Reports Revenue Increases of 452%

Home » Crypto News » Marathon Digital Reports Revenue Increases of 452% Marathon Digital Reports Revenue Increases of 452% Author: Cristian Lipciuc Last Updated Mar 2, 2024 @ 07:23 The crypto mining firms nearly doubled its production rate, but surging BTC prices also helped. U.S.-based Bitcoin mining behemoth Marathon Digital has published its quarterly earnings […]

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COTI Successfully Deploys Garbled Circuits on Blockchain Ahead of V2 Launch

The latest milestone is the first time garbled circuits have been successfully deployed on the blockchain, although the concept has existed theoretically for decades. Web3 infrastructure development firm COTI announced the successful demonstration of garbled circuits on the blockchain ahead of its privacy-centric Ethereum-based layer-2 network COTI V2 launch in April. According to a press […]

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BTC : BlackRock lance son ETF Bitcoin Spot IBIT au Brésil

Découvrez le lancement de l’ETF Bitcoin de BlackRock, IBIT, au Brésil, marquant une expansion stratégique pour rendre le Bitcoin accessible aux investisseurs sur la bourse B3, avec des frais compétitifs. L’iShares Bitcoin Trust ETF (IBIT) de BlackRock commence à être échangé au Brésil, ouvrant le marché des crypto monnaies aux investisseurs brésiliens. Le fonds propose […]

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Dogecoin Developer Drops Hint About Major Update in Works

Dogecoin inches closer to new core upgrade that will boost its performance and usability Dog-themed cryptocurrency Dogecoin (DOGE) is now much closer to the launch of a new core upgrade that will boost its performance and usability. The update, Dogecoin Core 1.14.7, contains many bug fixes and security improvements. The final phase of the update, […]

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Soil: Bridging Traditional Finance with The Crypto World

Soil is a blockchain-based lending protocol that is built to bring traditional finance into the crypto world and reshape corporate debt and fixed-income investments.To do that, it is designed as a debt marketplace where established companies can obtain financing, and crypto investors can lend their stablecoins to earn yield derived from Real World Assets that […]

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Helio Protocol Executes Liquidity Migration Strategy & Tightens Partnership with Wombat Exchange

The open-source liquidity provider Helio Protocol has migrated a total of $3.5M of seed liquidity from HAY staking to Wombat Exchange to further boost the APR for the two pools as well as strengthen its position in the DeFi space.Helio Introduces New Pools on WombatContents1 Helio Introduces New Pools on Wombat2 PoS For Everyone!3 Helio […]

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Helio Protocol Makes Borrowing More Accessible by Temporarily Reducing Borrowing Fees to 0%

The multi-product decentralized lending and borrowing protocol Helio is inviting its users to take part in a new NFT promo by temporarily reducing borrowing fees to zero. This campaign model is currently one of its offers to help people better understand the destablecoin ecosystem.Product update ????$HAY's borrowing interest has been set to 0% when using […]

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U.K. Seizes NFTs in Fraud Probe as Authorities Hunt for Illicit Digital Assets 

ERROR In a move that demonstrates how digital assets are being targeted in legal cases, British authorities have seized three NFTs linked to a criminal fraud investigation, according to a Feb. 14 report in the BBC.  Her Majesty’s Revenue & Customs (HMRC), the equivalent of the IRS in Britain, seized three NFTs and roughly £5,000 […]

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SEC Says BlockFi Misrepresented Risk to Crypto Depositors In $100M Order

ERROR The U.S. Securities and Exchange Commission (SEC) alleges that crypto lender BlockFi inaccurately described the level of risk its depositors were exposed to, in an order explaining a $100M settlement between BlockFi and federal and state securities regulators.  “BlockFi made a material misrepresentation to BIA [BlockFi Interest Account] investors concerning the level of risk […]

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Why Startup Founders Should Check In With Their Investors About Compliance

ERROR There are over 4,000 words in the U.S. Securities and Exchange Commission’s rule describing all the documentation that a registered investment advisor needs to maintain. And more and more venture capital firms investing in the blockchain industry are getting large enough that they have to become registered investment advisors (RIAs), and this dramatically increases […]

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Gas Prices Slam Buyers in Cool Pets NFT Drop as Transaction Fees Soar 7,000%

ERROR Demand for NFT avatars is showing no signs of slowing down. Collectors seeking to mint Cool Pets, the latest drop from the Cool Cats development team Cooltopia, paid extreme fees to secure a token from the project’s public drop yesterday. In its documentation, Cooltopia said it had “put measures in place to deter a […]

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Gnosis Votes on Whether to Spin Out DeFi Infrastructure Project as Independent DAO 

ERROR In a move that could change the structure of one of the most important pieces of DeFi infrastructure, the community behind Gnosis is voting on whether to spin out Gnosis Safe, its popular multi-signature digital asset management platform. Gnosis Safe supports the Ethereum and Web3 ecosystems. Many leading crypto protocols, including Curve, Aave, and […]

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Smooth Love Potion Soars 70% in 24 Hours Behind Axie Infinity Update

ERROR Smooth Love Potion, a token earned by playing Axie Infinity, has been a white knuckle ride in recent months.  In its latest turn, the token has soared almost 70%,  to $0.034 in mid-morning trading U.K. time. The momentum pushed Smooth Love Potion’s (SLP) market cap to $1.1B.  SLP’s 14-day chart. Source: CoinGecko The token […]

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Cancel Culture Comes to Crypto as Offensive Tweets Trigger Flurry of Ousters

ERROR For years, crypto has floated along in its own bubble, replete with risque anime characters, profane observations, and lots of provocative opinions about politics and society.   There was little concern about offending others and definitely no worry about crypto leaders being jettisoned from projects because of something they said.  That appears to be […]

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Bancor TVL Drops 30% After Suspending Protection from Impermanent Loss

ERROR Total value locked (TVL) in Bancor, one of DeFi’s first decentralized exchanges, has plummeted 30.2% since the protocol paused impermanent loss protection on June 19, according to data from The Defiant’s newly released chart feature.   In contrast, each of the top four Ethereum DEXs in terms of TVL has seen the value of assets […]

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Uniswap To Integrate Sudoswap To Access Deeper NFT Liquidity

ERROR Uniswap is diving deep down the NFT rabbit hole.  The automated market maker is integrating decentralized NFT marketplace Sudoswap to allow for efficient NFT swaps when it launches its NFT platform. The news was shared by Scott Gray, head of NFT product at Uniswap Labs. The integration will allow users to purchase NFTs using […]

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Feds Turn Up the Heat on Crypto with Insider Trading Case Against ex-Coinbase Employee SEC Defines 'Digital Assets' as Securities in Complaint

ERROR The U.S. Justice Department’s crackdown on crypto just ratcheted up a notch. On Thursday, Federal prosecutors accused a former employee of Coinbase, the leading crypto exchange, and two others in the first-ever case of insider trading involving cryptocurrencies.  In a 22-page indictment, prosecutors in New York allege former Coinbase product manager Ishan Wahi, his […]

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Proposal To Turn On Uniswap ‘Fee Switch’ Gains Early Support

ERROR When will Uniswap, DeFi’s leading decentralized exchange in terms of trading volume, start to make money for itself? It’s a question that people have asked since Uniswap V2, the second iteration of the protocol, was launched in May 2020. V2 included code to capture .05% of trading volume, but that function, also known as […]

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ZK Roundup: Ethereum Scaling Projects Are Forging Ahead

ERROR On Wednesday, a trio of unaffiliated companies said they have made progress toward building zero-knowledge protocols capable of scaling Ethereum. Ethereum sidechain Polygon released the source code for its Polygon zkEVM, short for zero-knowledge Ethereum virtual machine. Matter Labs, the company behind zkSync, unveiled a roadmap for zkSync 2.0 and plans to launch “the […]

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Buterin Likes the Idea of ‘Network States’ Built Around the Blockchain

ERROR Crypto investor Balaji Srinivasan’s book The Network State was released on July 10 and centers around creating startup societies that are founded in the cloud, use an integrated cryptocurrency, and crowdfunded physical territories. In a July 12 blog post, Ethereum founder Vitalik Buterin shared his thoughts on the book.  Although Vitalik disagrees with Balaji […]

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Ethereum Still On Track For Mid-September Merge

ERROR Ethereum developers have doubled down on a mid-September target for the Merge during a conference call held on Thursday.  The Merge is Ethereum’s highly anticipated transition from a proof-of-work to a proof-of-stake consensus mechanism. It’s expected to slash the blockchain’s energy use and, therefore, carbon emissions, by as much as 99%, addressing one of […]

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StarkNet Testers Fume After Token Announcement

ERROR StarkWare, the company behind Ethereum layer-2 scaling solution StarkNet, plans to launch a native token designed to decentralize control and maintenance of the network. The token is also intended to reward developers and investors, and its unveiling comes a day after Su Zhu, the enigmatic founder of failed crypto hedge fund Three Arrows Capital, […]

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Phishing Villain Targets Uniswap Users with Airdrop Grift

ERROR “Our threat intel detected a potential exploit on Uniswap V3 on the ETH blockchain…” tweeted Binance founder Changpeng Zhao (CZ) on Monday evening. The news spread like wildfire across Twitter and Discord. For a few tense minutes, observers questioned what an exploit of one of DeFi’s backbones could mean for this tender market. A […]

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Celsius Continues To Rapidly Repay DeFi Loans

ERROR Embattled crypto lender Celsius Network is aggressively paying down its DeFi debts as user withdrawals remain suspended. Since July 1, Celsius has repaid Aave 146M USDC and more than 53M DAI, while withdrawing almost 6,000 wrapped Bitcoin (wBTC), nearly 55,000 ETH and millions of dollars worth of other tokens posted as collateral, according to […]

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