Category: Crypto

Summary: Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value lockedApproximately $19.1 billion is locked on Lido Finance compared to Curve’s $19 billionLido Finance is available on the blockchain networks of Ethereum, Solana, Terra, Kusama, and Polygon. Earlier today, Lido Finance became the largest DeFi protocol in…

Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court caseMr. Hayes is requesting no jail time and permission to live abroad and travel freelyHis lawyers have also asked for probation with no home detention or community confinementArthur Hayes had struck a plea deal that would result…

Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billionThe purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 Bitcoin worth $1.5 billion to further…

Arthur Hayes has predicted that Ethereum could go to $10,000 and Solana to $200According to Hayes, Ethereum’s rewards in a PoS network makes ETH a bondStakers on ETH2.0 could see 8 – 11.5% APRSolana has the 2nd highest addresses after Ethereum and the price of SOL will benefit from thisArthur Hayes offers a disclaimer that…

Elon Musk has Tweeted a Youtube video that ‘explains everything’ about DogecoinElon’s was responding to a Tweet by the Director of Research at Ark Invest, Brett WintonWinton’s tweet featured a conversation in which he was trying to explain Bitcoin to his mumThe 2014 Youtube video posted by Elon, summarizes the genesis of Dogecoin Elon Musk,…

Terra (LUNA) has hit a new all-time high of $115.23The LUNA Foundation is determined to keep buying BitcoinTerra’s founder wants to increase LUNA’s Bitcoin reserves to $10 Billion and to be the single largest holder of Bitcoin after SatoshiLUNA and the purchases of the Foundation could ignite a Bitcoin and crypto-wide bull run The digital…

Zilliqa’s price has risen by almost 400% in the month of MarchThe price increment is hinged on the anticipated launch of its Metapolis MetaverseMetapolis will be launched on the 2nd of April during a VIP event in Miami, FloridaZIL could undergo a pull-back after the launch of Metapolis The popular Ethereum competitor of Zilliqa has…

Fantom and Gitcoin Grants have announced an incentive program partnership335M Fantom (FTM) has been dedicated to the incentive programThis translates to roughly $490 millionFantom users will determine the reward allocations and FTM will be allocated to the most loved and supported projects The team at Fantom (FTM) has announced a partnership with Gitcoin Grants that…

Quick take: Officials in the EU and US have expressed concerns that Russia might use cryptocurrencies to evade sanctionsThe EU is taking all measures to guarantee that digital assets will not be an alternative for Russia amidst sanctionsUS Senators have asked Treasury officials, how they are overseeing digital assets in the wake of sanctions against…