Blockchain Financial News

29.06 / 09:27

Blockchain defi DAO DAI MakerDAO looks to invest $500M into ‘minimal risk’ treasuries and bonds

MakerDAO is currently voting on a proposal aimed at helping it weather the bear market and utilize untapped reserves by investing 500 million Dai stablecoins into a combination of US treasuries and bonds.

29.06 / 09:27

Blockchain applications Podcast crypto apps Bear market will last until crypto apps are actually useful: Mark Cuban

Mark Cuban, the billionaire entrepreneur known for his role as one of the main investors on the reality television show Shark Tank, said the crypto bear market won't be over until there’s a better focus on applications with utility.

29.06 / 06:07

business Blockchain Binance Gaming Sky Mavis Battle-hardened Ronin bridge to Axie reopens following $600M hack

Sky Mavis, developers of the popular play-to-earn (P2E) NFT game Axie Infinity have announced that the Ronin bridge is back online three months after it was hacked for more than $600 million.

29.06 / 03:49

Blockchain Ethereum Cryptoverse Cryptoverse: Ether holds its breath for the lean, mean 'merge'

merge. That's the name for a major upgrade of the Ethereum blockchain network upon which many crypto projects are built, aimed at making it leaner, meaner and cleaner. It's elusive. The merge was supposed to happen years ago but has been delayed several times, with developers most recently axing plans to push the button in June, unnerving investors who began to fear it might never see the light of day.

29.06 / 02:39

Blockchain Lowe's Platform Cardano: Is ‘Anti-Vasil’ hype overpowering ADA? The answer lies in…

Cardano [ADA], the eighth-largest blockchain in the world has enjoyed huge attention from developers. According to data harvested from GitHub, Cardano registered the highest level of daily developer activity in 2021. The year 2022 also painted a similar picture with development activity in the fore. However, ADA’s price didn’t quite showcase the same scenario.

29.06 / 00:21

business Blockchain Bitcoin Miner Bitcoin miner Mawson to defer all major capital expenditures until market conditions normalize

On Tuesday, Bitcoin (BTC) mining company Mawson Infrastructure Group said that it was suspending major capital expenditures until market conditions normalize. In addition, the firm is voluntarily reducing its energy use, also called demand response, in light of the market sell-off and high electricity prices due to inflation.

28.06 / 21:17

business Blockchain regulation Investments Are custodied crypto funds at risk? Industry veterans explain

With rumors of insolvency flying high among crypto firms such as Celsius and Three Arrows Capital, investors couldn't help but ask a simple question: What happened to all the funds that were supposedly under "safe custody?" As it turns out, a small fraction of crypto firms began leveraged trading with customers' deposits to deliver promised high APY returns on supposedly fixed-income instruments. Things worked out well when the market was thought to have endless potential.

28.06 / 20:45

business Blockchain interview Bitcoin NOT Bitcoin’s bottom might not be in, but miners say it ‘has always made gains over any 4-year period’

Your favorite trader is saying Bitcoin (BTC) bottomed. At the same time, the top on-chain indicators and analysts are citing the current price range as a “generational buy” opportunity. Meanwhile, various crypto and finance media recently reported that Bitcoin miners sending a mass of coins to exchanges are a sign that $17,600 was the capitulation move that pins the market bottom.

28.06 / 20:45

Blockchain Telegram proof-of-work TON TON Blockchain ‘Unique phenomenon’: All 5B toncoins mined on PoS TON blockchain

The TON Foundation, an organization developing the Telegram-initiated blockchain project, the TON blockchain, on Tuesday officially announced that TON miners have mined the final toncoin.

28.06 / 19:45

Blockchain Ethereum Cointelegraph Consulting Proof-of-stake Must staking and liquidity pool lock-ups change to see crypto mass adoption?

The recent downturn in the broader crypto landscape has highlighted several flaws inherent with proof-of-stake (PoS) networks and Web3 protocols. Mechanisms such as bonding/unbonding and lock-up periods were architecturally built into many PoS networks and liquidity pools with the intent of mitigating a total bank run and promoting decentralization. Yet, the inability to quickly withdraw funds has become a reason why many are losing money, including some of the most prominent crypto companies.

28.06 / 19:19

Blockchain Ethereum Binance Bitcoin Crypto scams eBay's NFTs, Yield on Ledger, Axie Infinity's Ronin Bridge Reopens, Celebrity Crypto Scams + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

28.06 / 18:36

Blockchain Adoption privacy CBDCs ‘An Investment’ to Protect the Fiat System, Cash Will Disappear, Swedish Central Banker Says

A central bank digital currency (CBDC) is “an investment” to protect the current fiat monetary system, according to a central banker from Sweden, who also argued that cash will soon be history.

28.06 / 18:05

Blockchain UPS Platform Bitcoin 7 Best New Cryptocurrencies for July 2022

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

28.06 / 17:03

Blockchain Adoption kpmg Training KPMG enters the metaverse, invests $30M in Web3 employee training

KPMG, one of the Big Four accounting firms in Canada and the United States, has revealed the opening of its first metaverse collaboration hub to help its employees and clients pursue growth opportunities in the digital era.

28.06 / 16:35

Blockchain EOS Smart Contract Vitalik Buterin Recalls Old Joke About EOS as the Team Claims They are 'Making a Comeback'

Ethereum (ETH) co-founder Vitalik Buterin has tweeted that EOS, a once-popular blockchain project, stands for “Ethereum on Steroids,” recalling an old joke within the crypto community.

28.06 / 14:43

Blockchain defi NOT Not sure how to make the most out of Web3? This crypto wallet can help

A major crypto trading platform has unveiled a new wallet that's designed to help users make the most out of what Web3 has to offer.

28.06 / 12:09

Blockchain defi DAO Science DAO structure supports advancement of modern science in latest Web3 movement

While the concept of decentralized finance (DeFi) is still seeing strong growth projections, it is not the only industry showing massive potential. Following the financial use case came a host of scientists and entrepreneurs who incorporated smart contracts, tokens and other blockchain tools in their efforts to improve modern science. The movement, which focuses on the benefits of decentralized cross-border collaboration science, is now more widely known as DeSci.

28.06 / 11:49

business Blockchain fees Bitcoin Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K

Bitcoin (BTC) visiting the $20,000 range after one and a half years made mining — the most important job of the ecosystem — a costly affair. However, if history were to repeat itself, BTC investors may witness another epic bull run that previously helped Bitcoin reach an all-time high of $69,000.

28.06 / 10:11

Blockchain Provident Digital Platform Users are Invited To Join the Web3 Revolution with Gate.io

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

28.06 / 08:35

business Blockchain lending CeFi recovery CoinFLEX recovery plan includes tokenized bad debt and more yields

Crypto investment platform CoinFLEX aims to rectify its liquidity shortage and restart user withdrawals by selling off bad debt through a new $47 million token offering.

28.06 / 08:35

business Blockchain Twitter lending Weekly Crypto community confused as Celsius continues with weekly rewards

Members of the crypto community on Twitter have been left bewildered by the beleaguered Celsius Network continuing to pay weekly rewards despite pausing withdrawals two weeks ago.

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