DeFi fragmentation can only be solved at the account level

Almost $77 million of Bitcoin (BTC) is currently unavailable to use on the network — not because it is lost, but because it is locked up in sidechains. Bitcoin sidechains: a nascent marketData from block explorers confirms that as of Oct. 17, a total of 9,661 BTC ($76.96 million) or a tiny 0.054% of today’s Bitcoin…

The past week has been an emotional rollercoaster for Ether (ETH) traders, as there were seven four-hour candles of a 10% or larger price movement. Furthermore, the most recent 30% drop to $920 triggered $550 million in liquidations on long futures contracts. To complicate things even further, this current price correction is taking place just four…

Bitcoin is likely a topic of conversation among the treasury department of many U.S. companies amid rising inflation. 3008 Total views 18 Total shares No fewer than 47 companies have cited the term “inflation” in their earnings calls for Q1 2021.According to a report by financial market data provider FactSet on Monday, the figure represents…

The two U.S. financial regulators cited the growth in the hedge fund industry as the reason for the proposed change, due in part to digital asset investments becoming more common. 196 Total views 7 Total shares The United States Securities and Exchange Commission, or SEC, and the Commodity Futures Trading Commission, or CFTC, has proposed…

Government officials waffling about the crypto tax that's set to come into effect in 2022 has created a maelstrom of conflicting reports that even officials can’t seem to keep track of. 519 Total views 4 Total shares South Korean government officials have created confusion this year with conflicting announcements regarding a possible repeal or amendment…

Cryptocurrency hardware wallet firm Ledger has partnered with German crypto startup Neufund to let users manage security tokens via Ledger’s desktop app, according to a press release Dec. 6.Ledger’s collaboration with blockchain-based equity and crypto fundraising platform Neufund aims to develop a framework for security tokens. Ledger Live — a recently launched desktop application for crypto…

In 2020, the Ethereum Foundation sold 100,000 ETH, and the price surged over 500% in the months following. There’s no telling what will happen this time. 

A preliminary report from a United Nations inquiry suggests North Korea is using the proceeds from crypto hacks to funds its weapons programs. 3784 Total views 15 Total shares The United Nations has accused the North Korean state of stealing $281 million worth of crypto from an exchange during September 2020.According to Reuters, the findings…

Binance is yet to announce an official date for imposing restrictions on derivatives products for Hong Kong users. 361 Total views 28 Total shares Stepping up efforts to minimize the inherent risks of trading cryptocurrency, major crypto exchange Binance has announced it would restrict access to derivatives products to Hong Kong users. The official announcement reads:“Users…