Crypto’s ‘DeFAI’ sector is down 80% — Can it come back up?

The pro-crypto bank was reportedly under dual investigations to uncover if it was taking proactive measures to stop money laundering. 514 Total views 7 Total shares Own this piece of history Collect this article as an NFTThe cryptocurrency-friendly Signature Bank was reportedly being investigated by two United States government bodies prior to its collapse. According…

Payments company Circle will install a new CEO at the start of 2020 after one of its original co-founders steps down from the position. According to cryptocurrency media outlet CoinDesk on Dec. 5, co-founder and co-CEO Sean Neville will transition to a post on the company’s board of directors in January.Sean Neville becomes board memberNeville launched…

JPMorgan has expanded its blockchain payment platform to over 75 multinational banks. The goal of the participants’ combined efforts is to fight off competition from outside of the banking sector, Financial Times reports September 25.Speaking to the publication, analyst Jason Goldberg said the Interbank Information Network (IIN), under development since October 2017 on JPMorgan’s own…

Bitcoin (BTC) looks poised to pursue a run-up towards $100,000 as its price breaks out of a classic bullish structure.Dubbed as Bull Pennant, the setup represents a price consolidation period with converging trendlines that form after a strong move higher. It ultimately prompts the price to break out in the direction of its previous trend…

Japanese billionaire and founder of multinational conglomerate SoftBank Group, Masayoshi Son, reportedly lost over $130 million with his bitcoin (BTC) investment, the Wall Street Journal reports on April 23.Per the report, people familiar with the matter claim that Son made the investment at the recommendation of Peter Briger, the co-chairman of asset management company Fortress…

Bitcoin (BTC) upended buy trends through May 10 as BTC/USD sank below $30,000 for the first time since July 2021.Data from on-chain analytics firm CryptoQuant showed exchange reserves start increasing as panic gripped crypto markets.BTC flows back to exchangesAfter seeing a sustained downtrend, the amount of BTC on major exchanges has begun to increase again.According…

This Eastern European proof-of-stake upstart believes it has better technology than Cardano, EOS, & Algorand. 538 Total views 14 Total shares Elrond (ERD) believes it has what it takes to overcome the behemoths of the proof-of-stake, or PoS, world.This Romanian PoS blockchain raised $3.25 million in an Initial Exchange Offering, or IEO, in July 2019.…

Large-volume trader moves point to concerns that a fresh Bitcoin price dip could still occur. 4820 Total views 18 Total shares Bitcoin (BTC) whales may be planning to sell at short notice as BTC price action struggles around $47,000.In its daily QuickTake market updates on Dec. 5, on-chain analytics firm CryptoQuant warned that large volume…

The Infinex front-end DEX is targeting a May 13 launch, pending a final vote from Synthetix’s governing council.