In preparation for leaving the Canadian market, cryptocurrency derivatives exchange dYdX has stated that it would be banning user accounts from Canadian residents from the next week. As part of “winding down services,” dYdX announced on April 7 that it will stop accepting new Canadian customers. On April 14th, all
Florida Governor Ron DeSantis and anti-vaccine activist Robert F. Kennedy Jr. have accused the Federal Reserve (Fed) of seeking to use a proposed digital dollar to “control” Americans’ finances. According to Ron, using the new US digital dollar allows the Government to block transactions such as buying riffles or filling
By providing a reward of $95,000 for the hacker. The lending protocol Sentiment was able to retrieve the stolen funds. Sentiment urged the hacker to “do the right thing” by offering $95,000 in exchange for the restoration of the stolen assets by April 6 in an on-chain transaction on the
The anticipation of Ethereum’s Shapella Upgrade – the simultaneous occurrence of Shanghai and Capella – in a week led to notable 24H price surges in ETH and altcoins related to DeFi staking. Remarkably, ETH crossed the $1,900 level and hit its 8-month-high of $1,920. It spurred the community’s hype to
The trading volume of decentralized exchanges (DEXs) that function on the Solana network has rapidly decreased. Despite the Solana network having seen high levels of activity, there has been a decline in interest in its DEXs, as demonstrated by the network’s declining number of DEX transactions. And also there has
SINGAPORE–(BUSINESS WIRE)–Cega Finance, one of the leading derivatives protocols in DeFi, announced today that it has launched on Ethereum Mainnet. Cega is also thrilled to announce the launch of Leveraged Options Vaults (“LOVs”), a novel options strategy which represents innovation in DeFi primitives, as well as the launch of trading
The Denmark Supreme Court decided that bitcoin sales proceeds must be taxed as ordinary income. Investors and miners are both affected by the new law. The Højesteret, Denmark’s highest court and the last arbiter in civil and criminal matters, issued a ruling on March 30 mandating taxation on bitcoin gains.
Arbitrum’s native lending protocol, Radiant Capital, is analogous to other popular protocols like AAVE and Compound. Unlike more conventional lending protocols, however, Radiant’s lending service is cross-chain enabled. Collateral posted on chain A may be used as security for a loan on chain B. Radiant’s scalability in terms of blockchains
The global crypto market seems to be recovering from the prolonged bear market. And the traditional banking crisis gives positive movements to digital assets and gains investors’ attention. There are thousands of different cryptocurrencies, ranging from the two largest, Bitcoin and Ethereum, to prominent altcoins like Dogecoin and Tether circulating
With the arrest of Terra’s co-founder Do Kwon and former Chai Corp CEO Han Chang-joon in Montenegro last week, prosecutors in South Korea said on Monday that they are seeking an arrest warrant for Terraform Labs’ co-founder Daniel Shin. Do Kwon and Han Chang-joon, the former CEO of Chai Corp,
