Maker, now Sky’s, stablecoin freeze process could be decided by decentralized court

Block didn’t incur any impairment loss on its Bitcoin holdings, and Bitcoin revenue contributed as much as 43% of its total revenue. 551 Total views 1 Total shares Jack Dorsey-led Block, a Bitcoin-focused fintech company, published its third-quarter earnings report on Nov. 2, revealing a profitable quarter and surpassing analyst expectations.The firm had $5.62 billion

Bitcoin (BTC) crashed below $16,000 on Nov. 9, driving the price to its lowest level in two years. The 2-day correction totaled a 27% downtrend and wiped out $352 million worth of leverage long (buy) futures contracts.To date, Bitcoin price is 65% down for 2022, but it's essential to compare its price action against the…

Crypto analytics platforms can vary widely depending on various factors, including price, investment focus and tracking abilities.

Switzerland-based crypto exchange ShapeShift has launched zero-fee trading and its loyalty token FOX. ShapeShift founder and CEO Erik Voorhees announced the news on Twitter Nov. 20, noting that zero-commission trading on the platform is enabled by the newly released FOX token.According to the executive, zero-fee trading solves two major problems of non-custodial exchanges — illiquidity…

China Shipbuilding Industry Company Limited (CSICL) is going to explore how it can apply blockchain to financing its upstream suppliers, reports official Chinese newspaper People’s Daily on March 27. CSICL is a subsidiary of one of the two largest Chinese shipping conglomerates, China Shipbuilding Industry Corporation (CSIC).CSICL signed a strategic cooperation agreement on supply chain…

Opinion by: Alvin Kan, chief operating officer of Bitget Wallet Here we go again: A top centralized crypto exchange (CEX) was hacked, this time likely for the largest sum in humanity’s history. We were lucky to avoid the worst — platform collapse and devastating consequences for the industry. The incident reminded us again that even