Celsius delivered $10 million of DAI to Compound, making a large payment to the latter business. Compound Finance, a popular interest-earning DeFi business, has received $10 million worth of DAI stablecoin from the lending platform. To put it another way, the corporation paid back 10 million DAI and received 166
June 21, 2022 1 min read
According to a recent policy change, the most popular Chinese social media platform, WeChat, now prohibits using any accounts that give access to crypto or NFT services. Cryptocurrency and NFT trading, issuing, and financing accounts will fall under the “illegal business” category under the new standards. The policy states: “Accounts
June 21, 2022 2 mins read
According to a Chainanalysis report, in the first half of 2021, Asia accounted for 28% of the overall $1.16 trillion global cryptocurrency transaction volume. Also, data from Messari shows Asian markets accounted for 43% of global cryptocurrency activities with $296 billion in transactions between June 2020 and June 2021. Last
June 21, 2022 3 mins read
LBank Exchange, a global digital asset trading platform, will list MintMe.com Coin (MINTME) on June 22, 2022. For all users of LBank Exchange, the MINTME/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on June 22, 2022. Providing a new and innovative way of crowdfunding, MintMe.com allows
June 21, 2022 3 mins read
As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help
June 21, 2022 5 mins read
Cryptocurrency exchange LBank has continued to hire more crypto and blockchain talents as well as interns for its global offices. Against the backdrop of extreme volatility in the crypto market and investors dumping risky assets, as well as certain crypto firms laying off employees and freezing withdrawals, LBank makes a
June 21, 2022 3 mins read
Decentralized finance (DeFi) is a growing sector that has the potential to transform the current financial system. The necessity for an accessible, honest, and safe monetary network is at the heart of the decentralized finance vs. traditional finance argument, therefore it’s no wonder that decentralized finance is slowly gaining ground
June 20, 2022 6 mins read
Salvador’s finance minister, said the “fiscal risk is extremely minimal.” Jim Cramer, the presenter of Mad Money, thinks Bitcoin will fall below $12,000. There are some words of wisdom for bitcoin investors from El Salvador’s president, though. In his opinion, bitcoin investments are secure and will “immensely grow” after the
June 20, 2022 2 mins read
Celsius raised $20.46 million from 1039 investors in June 2020. Dixon’s organization came up with a solution that saved consumers approx $72M. BnkToTheFuture and its co-founder Simon Dixon have volunteered to help Celsius by applying the same “financial innovation” utilized in 2016 to preserve cryptocurrency exchange Bitfinex from insolvency. A
June 20, 2022 2 mins read
Margex, the fastest-growing cryptocurrency trading platform, recently announced a series of major updates, including cross-margining and a host of new trading pairs. Expanding on Flexibility Margex’s ever growing list of features now features both isolated and cross margin in a single account trading interface, allowing users to seamlessly switch between
June 19, 2022 2 mins read