Convex Finance surpasses one billion dollars in TVL. Convex is intended to serve as an optimizer for the Curve protocol. Observers say that Yearn and Convex compete with each other. Convex Finance has risen to $1.14 billion and entered the top 20 by size. According to DeFiLlama, this Ethereum-based finance
Some banks in India warn customers with RBI notice. RBI clears up the commotion with the further announcement. RBI states that they didn’t ask banks to stop the services of exchanges. Leading banks in India have restricted virtual cryptocurrency services with the statement of RBI given on April 06, 2018.
Belt Finance hacked on Saturday in a flash loan. With a loss of 21.36% of the fund, the BeltBUSD vault users suffered. Belt’s vaults operate with a target balance for each strategy employed. Belt Finance was hacked on Saturday in a flash loan, resulting in an overall loss of $50
In Litecoin (LTC) Technical Analysis 2021, we use past statistics, price analysis, RSI, RVOL, and much other information about LTC to analyze the future movement of the cryptocurrency. Litecoin (LTC) is a cryptocurrency that was developed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain
In Ethereum Technical Analysis 2021, we use past statistics, price patterns, RSI, and much other information about ETH to analyze the future movement of the cryptocurrency. Ethereum is the second largest crypto in the market. It is a decentralized open-source blockchain platform that features its own cryptocurrency, Ether. ETH stays
In Mdex (MDX) Technical Analysis 2021, we use past statistics, price analysis, RVOL, MA, and much other information about MDX to analyze the future trend of the cryptocurrency. Mdex (MDX) is a new decentralized trading protocol that launched in January 2021, but has already surpassed Ethereum’s Uniswap and SushiSwap, BSC’s
Input Output Global announced, Cardano can handle up to 2 Million TPS. Ouroboros Hydra serves as the second layer for Cardano Network. Hydra is Cardano’s Scalability Solution. Cardano network is a decentralized blockchain platform that brings new standards in technology through globally distributed innovations. As the world is encouraging blockchain
Problems in the process of registering crypto firms. 77 new crypto firms submitted applications that are yet to review. FCA established a “Temporary Registration Regime”. Crypto firms are struggling to meet the Financial Conduct Authority’s anti-money laundering standards in the United Kingdom. The FCA had only registered five crypto businesses
Pintu, a licensed Indonesian crypto-exchange, revealed an announcement on receiving $6M fund from Coinbase supporting crypto users and industry, on Tuesday. Series A Funding Mission in Indonesia Coinbase launched a new mission called “Coinbase Ventures”. A mission that supports investing in small crypto exchanges and blockchain startups. It completed a
White House Officials monitor the gaps in the digital asset regulations and examine the fluctuations in the market, reports Washington on Tuesday. New Protocols for Crypto investors Washington reports that Biden Authorities meet other government staff to examine the risk involved in the crypto market. The Officials are researching the
