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Crypto miner Poolin pauses BTC and ETH withdrawals, citing 'liquidity problems'
5.9.2022
“We will make a snapshot of the remaining BTC and ETH balances on pool on September 6th to work out the balances," said Poolin
Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days
5.9.2022
In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). Amid the lead-up to The Merge, the decentralized finance (defi)...
Poolin, One of the World's Biggest Bitcoin Mining Pools, Acknowledges Liquidity Issues
5.9.2022
Poolin CEO and founder Kevin Pan assured users that funds are safe and said the company might look to debt to solve its liquidity troubles
Hubble Protocol Launches Kamino Finance to Optimize Yields for Liquidity Providers on Solana
30.8.2022
PRESS RELEASE. LONDON | August 30, 2022 – Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain. Kamino Finance, launching initially on next-generation decentralized...
Brazil’s Largest Private Bank, Itaú, Selected by Central Bank to Develop a DeFi Liquidity Pool
29.8.2022
The Banco Central do Brasil chose seven other projects as part of the Financial and Technological Innovation and Technology Laboratory
Algorithmic Stablecoin USDN Falls From Dollar Peg as Liquidity Slumps
26.8.2022
Algorithmic stablecoin USDN, which is designed to mimic the value of the U.S. Dollar, has fallen to $0.91
Where today’s DEXs are falling short, explained
23.8.2022
Users expect decentralized platforms to do more than facilitate trades; platforms also deliver optimal prices and reward opportunities
Bank Run at NFT Lender BendDAO Prompts Attempt to Avert Another Liquidity Crisis
22.8.2022
Morgan Stanley Analyst Says Crypto Economy’s Liquidity Improved, but There’s ‘No Huge Demand to Re-Leverage’
22.8.2022
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity seems to be recovering. Morgan Stanley’s Sheena Shah highlighted in a note to investors that the stablecoin market capitalization is seeing fewer...
Brazilian Crypto Investment Platform Bluebenx Backpedals on Hack Reports, States It Was Victim of a Listing Scam
22.8.2022
Bluebenx, a Brazilian crypto company that recently stopped customer withdrawals, has changed its story regarding the causes which took it to take that measure. While the exchange issued an email statement informing customers it had been the victim of a vicious hack, now the company states...
Canadian Bank Regulator Details Crypto Liquidity, Backing Rules
19.8.2022
Canada joins U.S., European central banks in explaining how their supervised entities can engage with crypto
HUSD Stablecoin Returns to $1 Peg After Liquidity Problems
19.8.2022
The HUSD stablecoin, which is issued by Stable Universal, has returned to its $1 peg after suffering "liquidity problems" in relation to a closed market maker account
Kaiko Report Shows Latam Harnessing Crypto Mostly for ‘Real World’ Use Cases
19.8.2022
The latest data debrief issued by Kaiko, a provider of digital assets market data, has found that while there is retail movement in Latam regarding crypto assets, most liquidity is directed to “real world” use cases. Among these activities are remittances, stablecoin-based yield...
Ripple partners with Travelex to launch enterprise crypto payment service in Brazil
19.8.2022
The rollout of Ripple’s fast and cheap On-Demand Liquidity payment service means that enterprises will no longer have to wait three to five days to settle costly cross-border transactions
Ripple Unveils Crypto On-Demand Liquidity Service in Brazil
19.8.2022
Ripple is teaming up with the digital bank Travelex to introduce the product, which will initially allow transactions between Brazil and Mexico
Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token
18.8.2022
The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the following day on Thursday, August 18. On Thursday, Huobi addressed the public on Twitter and the exchange said...
Lido Finance Partners With KyberSwap Elastic to Enhance Liquidity on Polygon With Over $120,000 in Liquidity Mining Rewards
17.8.2022
Singapore — August 17th – Lido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance is the largest platform for liquid staking services on Ethereum. Powering DeFi and CeFi applications alike with their technology, Lido...
Lido Finance Partnering With KyberSwap Elastic for Liquidity
17.8.2022
Lido Finance recently announced partnering with KyberSwap Elastic to bring more liquidity to Polygon. The venture offers a whopping 120,000 dollars in liquidity mining rewards to attract more users. Known among the best Ethereum-based liquid staking firms, Lido Finance is empowering numerous CeFi...
Is Bitcoin really a hedge against inflation?
16.8.2022
Bitcoin is working as a hedge against inflation despite its 2022 weak price performance, says Steven Lubka, managing director of private clients at Swan Bitcoin
Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation
16.8.2022
Singaporean law offers temporary protection against any legal proceedings and claims, which the company believes would provide a breathing space to focus on its recovery plan