Wintermute Trading proposes a 12-month loan of 350 YFI ($1.8 million) from the DAO’s treasury to purchase yCRV tokens. The loan, if approved, will carry a 0.10% interest rate. Wintermute plans to deploy the yCRV-CRV Curve pool on Yearn for at least 12 months, enhancing liquidity. (Read More)
Solana Price Analysis: Imminent $16 Correction On The Horizon?
Solana (SOL) has captured the attention of investors and analysts as its price charts form a distinctive falling wedge pattern. This technical formation, often seen as a potential trend reversal indicator, has stirred discussions about the future trajectory of SOL’s value. A falling wedge pattern is a common chart pattern in technical analysis, characterized by […]
Ethereum Advocate Stirs Controversy, Takes A Swipe At Cardano
The rivalry between Ethereum and Cardano supporters is no secret, as passionate communities on these two blockchain platforms consistently engage in playful banter. Recent attention has shifted towards the prominent Proof of Stake blockchain, especially following the impressive performance of its newly launched Layer-2 Base, which outshone Cardano in terms of Total Value Locked [TVL]. […]
Litecoin Drops, Polygon Soars, But Borroe’s Pre-sale Outshines Them All
The post Litecoin Drops, Polygon Soars, But Borroe’s Pre-sale Outshines Them All appeared first on Coinpedia Fintech News Investors are trying to find new hidden gems before the next crypto rally. Litecoin (LTC) and Polygon (MATIC) have come up, but their recent performance is nowhere close to Borroe’s ($ROE) expected rally. After rising by 25%, […]
Regulatory Worries Plunge Worldcoin (WLD) Price by 47% in a Month
WLD is now trading at $1.27 and is down 4.27% in the last 24 hours. The value of its WLD token has fallen as a result of the increased scrutiny from regulators. Around 47% of Worldcoin’s (WLD) price has been wiped out in the last 30 days due to regulatory worries. Data from CMC shows […]
‘Cardano Is Here To Stay,’ Says Creator Charles Hoskinson As ADA Continues To Unravel
Crypto Twitter is well known for its controversies, and Cardano’s founder, Charles Hoskinson, is no stranger to its quarrels. In 2020, Hoskinson predicted that “within one year, hundreds of assets would be running on Cardano”. When this did not eventuate in 2021, Twitter users quickly called the Input-Output CEO out on this. In 2022, he […]
Altcoins Show Positive Momentum Amidst Crypto Market Recovery Efforts
Bitcoin (BTC) price stays in the $26K range. Certain altcoins like XRP, SHIB, and LTC have exhibited gradual positive price momentum. In the aftermath of last week’s sell-off, the global crypto market has been struggling to regain its footing. Bitcoin, the largest cryptocurrency, plummeted from $29,000 to a two-month low of $25,800 in just one […]
The Job Offer That Led to a $37 Million Crypto Heist
According to a recent article by Bloomberg News, in late July, a programmer at Estonia’s CoinsPaid, a prominent crypto payment processor, was contacted by a recruiter on LinkedIn for a job opportunity. During a 40-minute video interview, the engineer was asked to download a file for a technical test on his work computer. Days later, […]
Crypto Tax Rules Face Opposition From McHenry
Rep. Patrick McHenry, the chairman of the House Financial Services Committee, strongly opposes the crypto tax rules proposed by the Treasury Department and the IRS. He views these rules as part of the Biden administration’s ongoing campaign against the digital asset ecosystem. The proposed regulations, issued on August 25th, would necessitate crypto brokers to disclose […]
USDC to Launch on These 6 Blockchains Within 2 Months: Report
In a significant move within the crypto realm, Circle, the company behind USD Coin (USDC), said it will extend support for its stablecoin to six more blockchains in the next two months. Based on a joint release by Coinbase and Circle, USDC, already available on nine blockchains, including Ethereum, Arbitrum, Avalanche, Stellar, Tron, Flow, Algorand, […]