Curve Finance monthly revenues up more than 20% on DeFi surge
Curve clocked annualized revenues of nearly $37 million during the past 30 days, according to Token Terminal.
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Bitcoin dips below $42K as new forecast says breakout ‘most probable outcome’ for BTC price
The latest "death cross" on the Bitcoin daily chart is swept aside in favor of buy-in signals and an "eventual" surge towards $50,000. 2207 Total views 32 Total shares Bitcoin (BTC) returned closer to $40,000 on Thursday as $44,000 resistance proved too much for bulls to overcome.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuying another dipData…

Crypto Exchanges Bitfinex and Ethfinex Jointly Launch Initial Exchange Offering Platform
Major cryptocurrency exchange Bitfinex and its spin-off Ethfinex have launched a new initial exchange offering (IEO) platform dubbed Tokinex. The news was revealed in a press release shared with Cointelegraph on May 21.As reported, IEOs have recently emerged as an alternative model of token offering wherein a centralized crypto exchange acts as a form of…

The Philippines delays publishing crypto framework
Despite a tumultuous year, the Philippines’ financial regulator decided not to rush a legal framework on the crypto industry, which was initially planned for late 2022. 613 Total views 4 Total shares Despite the wave of market failures in 2022, the Philippines’ financial regulator has decided not to rush a legal framework on the crypto…

dYdX explores sale of derivatives trading arm
Selini Capital and Wintermute Trading are reportedly bidding on dYdX’s v3. The protocol’s v3 version was compromised on July 23.

DeFi Yield Farming Is Driving Adoption, but Stakeholders Urge Caution
Three years on from the initial coin offering mania of 2017, decentralized finance is the new hype. Spurred on by the promise of high annual gains, traders appear to be sowing heavily in crypto’s latest yield-generating arena that is DeFi. Projects in the early days of crypto seemed to focus on payments and finance in…

DeFi transforming lending routes on the blockchain
The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and the ease of accessing capital. As the crypto ecosystem has grown to a $2-trillion industry by market capitalization, new products and offerings have emerged thanks…

Bitcoin Mining Industry Is Booming as Difficulty Soars 14% to New High
Mining difficulty on the Bitcoin (BTC) network has taken its steepest upturn in almost a year, data from major Chinese mining pool BTC.com reveals.On July 9, difficulty surged by over 14% to hit 9.06 trillion (9.06 T), at an average hash rate of 64.85 EH/s — a new all-time-high in the network’s history.The last time…

Abra settles with SEC over unregistered securities charges
The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties and an injunction.