DeFi platform Spreadefi has reported that the total volume of funds users placed in liquidity pools topped $25 million in the second quarter. For a relatively young project, that’s a significant milestone, especially with interest […]
Injective [INJ] traded back above $5 as the token attempted to extend its recovery from June lows, with buyers now facing resistance around the $5.20 region. The latest price move comes as Injective filed its […]
Ethereum’s [ETH] attempted rebound faced rejection at $1,944 three days ago. The pullback pushed ETH to $1,819 before it recovered slightly. At press time, Ethereum traded near $1,823 after falling 3.6% over 24 hours. The […]
Venezuela’s USDT trading has hit $1.4B on Binance P2P for the first time. According to Alejandro Grisanti, director at analytical firm Ecoanalítica, the volume was hit between mid-June and mid-July, averaging $44M per day. For […]
FTX will distribute approximately $900 million to eligible creditors on July 31, marking the bankrupt crypto exchange’s fifth distribution under its Chapter 11 reorganization plan. The latest payout will take announced distributions across FTX’s second […]
The European Central Bank has warned that stablecoin adoption could destroy commercial banks’ retail deposit base. However, here’s an uncomfortable question. Is the digital euro being built to improve […]
Maple Finance [SYRUP] joined the assets hit by widespread selling over the past 24 hours. The token reached $0.20 early Thursday before retreating alongside the broader crypto market. It last traded around this level on […]
A significant amount of the liquidity that users contribute to decentralized exchanges isn’t really being used to speed up trades, according to a recent report by Dune. To put things in perspective, concentrated liquidity was […]
Pyth Network [PYTH] is moving beyond crypto and into traditional finance; its bond data and Asia expansion could bring more paid data services. The native token too, is responding positively. Institutional bond pricing into one […]
Activity around Ondo Finance [ONDO] is picking up! This is happening in tandem with its new infrastructure and partnerships, so it looks like good days are ahead. Here’s the latest. Ondo Finance’s on-chain activity shoots […]
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