Flamingo’s total value locked continues to rise as DeFi investors are attracted to the platform’s zero-fee transactions and high-yield liquidity pools. Yield farming has grown in popularity over the past year alongside the rise of decentralized finance, but recently the ability to earn a good return has been limited by the high transaction costs on…
Read more
PancakeSwap has emerged as one of the top DeFi platforms and its Binance Smart Chain integration makes it a liquidity magnet against competitors like Uniswap and SushiSwap. Decentralized finance has taken a back seat to nonfungible tokens over the past month but this hasn’t stopped the top DeFi projects from developing and strategizing how to…
Read more
New partnerships, the growing popularity of NFT art and the upcoming launch of JumpNet are just a few reasons why Enjin has rallied more than 800%. Nonfungible tokens (NFTs) have taken the world by storm as stories of record-breaking digital art sales now regularly appear on mainstream news outlets and popular culture. One project that…
Read more
Crypto.com’s Crypto.org Chain aims to bring cryptocurrency payments mainstream. Blockchain infrastructure provider Bison Trails has announced another major industry partnership, this time with Crypto.com, a leading digital currency exchange looking to bring familiar transactional use cases to cryptocurrency markets. Bison Trails is providing key infrastructure to Crypto.org, Crypto.com’s public, open-source payments blockchain. As part of…
Read more
Wirex has temporarily halted signing up new U.K. customers following what it called “constructive dialogue” with the Financial Conduct Authority. London-based cryptocurrency and fintech firm Wirex has announced that it will no longer take on new U.K.-based customers following discussions with the jurisdictional regulator, the Financial Conduct Authority. The decision to temporarily halt U.K. sign-ups…
Read more
Pro traders and analysts view Bitcoin’s dip below $54,000 as another bullish buy-the-dip opportunity. On March 23 bears managed to push the price of Bitcoin (BTC) below the $54,000 support level as various on-chain data suggests that whale wallets have begun slowing down purchases and are transferring the risk to retail investors. Data from Cointelegraph…
Read more
The popular trading app has submitted a draft registration statement on Form S-1 with the SEC. Robinhood Markets Inc., a popular trading app that recently expanded its cryptocurrency business, has filed paperwork with the United States Securities and Exchange Commission, or SEC, to go public. The company confirmed Tuesday that it had confidentially submitted a…
Read more
Ankr, Curve and Storj each saw double-digit rallies shortly after Coinbase announced plans to list each token this week. On March 23 the Coinbase listing ‘bump’ reemerged as the exchange announced that it would list Ankr (ANKR), Curve DAO Token (CRV), and Storj (STORJ) on Coinbase Pro. A blog post from the top U.S.-based cryptocurrency exchange…
Read more
OKEx Korea announced that it’s shutting down as South Korean authorities prepare to enforce a new regulatory framework for the crypto industry on Thursday. The South Korean branch of global cryptocurrency exchange OKEx is shutting down operations next month, OKEx Korea officially announced Tuesday. Users will have to withdraw their Korean won and crypto holdings…
Read more
Blockchain industry members claim that smaller-scale startups have struggled to forge partnerships with local banks in South Korea and are therefore unable to register under regulators’ new requirements. South Korea is heading into a new period for its crypto industry, with stringent new rules coming into effect on March 25 that will require all cryptocurrency…
Read more
