By taking positions on both sides of a transaction, they help increase liquidity. Market makers like Wintermute function as a middleman to facilitate these transactions. Wintermute has been named the official market maker for the Tron ecosystem, which will increase liquidity for the TRX currency used by the Tron blockchain
September 12, 2022 2 mins read
These liquid staking tokens are not intended to maintain a 1:1 peg with ETH. The importance of cbETH’s discount may be better appreciated when compared to rETH. Wrapped Ethereum staking token (cbETH), released by Coinbase at the end of last month, has been selling at a discount ever since. Today,
September 12, 2022 2 mins read
It revealed conflicting results about the link between crypto and the environment. The department advised that the administration might outlaw proof of work. Distributed ledger technology (DLT) and global warming have been the subject of a new report from the White House’s Office of Science and Technology Policy (OSTP). The
September 11, 2022 2 mins read
The current capacity of the Georgia facility is for 24,108 miners. The mining firm also acquired 1,800 Antminer S19 XP machines in June. CleanSpark, a cryptocurrency mining company, stated on Friday that they have reached a deal to purchase the Bitcoin mining facility operated by Mawson in Sandersville, Georgia for
September 11, 2022 1 min read
On September 21st, 2022, the Federal Reserve Board will determine the next hike. Economist Peter Schiff is sounding the alarm about imminent hyperinflation. Elon Musk, CEO of Tesla and SpaceX, has issued a grave warning for the American economy. Musk claims that deflation will occur if the Federal Reserve raises
September 10, 2022 2 mins read
According to CertiK, there were three potential protocols affected. CertiK’s on-chain security software, Skynet, detected assault at 7:26 pm UTC on Tuesday. On Tuesday night, a flash loan attack was carried out using the Avalanche network. A specific smart contract and many liquidity providers were the targets of the assault.
September 7, 2022 2 mins read
Voyager has been trying to refund some of its consumers alongside the selling process. Voyager’s attorneys took offence to this and called it a “low-ball” offer. On Tuesday, a court filing confirmed that the assets of bankrupt cryptocurrency broker Voyager Digital would be auctioned off the following week. Following a
September 7, 2022 2 mins read
Federal Reserve Bank of New York has frozen funds since February 2021. The funds are essential for the country’s “revolutionary efforts” as per Minister. The government of Myanmar, which was overthrown in a coup in 2021, announced its intention to issue digital money half a year later, utilizing monies that
September 6, 2022 2 mins read
The price of LUNC has increased by over 180% in seven days. There are now over 528.8 billion LUNC staked. Community efforts like token burning and staking as well as project development, ecosystem education, and governance led to a tremendous increase in the value of all Terra tokens. In particular,
September 6, 2022 2 mins read
It is generally agreed that adoption and regulations go hand in hand. Even as law enforcement was growing acquainted with the concept of cybercrime, a new chapter opened up with the advent of crypto-related criminal activity. In the previous several years, there has been a slew of arrests related to
September 6, 2022 1 min read