Maple Finance debuts Bitcoin-linked yield offering for institutional investors
Maple’s new offering will compete for market share against a number of similar derivative products, promising BTC yields and downside protection for wealthy investors.
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Bitcoin Stuck Hovering Around $11,700, Major Altcoins See Red
Thursday, Aug. 8 — Top cryptocurrencies Bitcoin (BTC), Ether (ETH) and XRP are all seeing minor losses at press time. Market visualization. Source: Coin360Bitcoin is trading a little over $11,700 with a 0.2% loss on the day. The top cryptocurrency shot up over the weekend to break $11,000, and seemed to have some momentum moving into…

Tether reports record-breaking $5.2B profit in first half of 2024
Tether said its US Treasury reserve surpasses the size of all but 17 of the world’s governments.

Sui Network launches Google, Twitch and Facebook logins for DApps
Sui joins the growing ranks of Web3 firms looking to onboard users who are all too often “irretrievably lost" at the doorstep of Web3. 313 Total views 3 Total shares Layer-one blockchain Sui Network has taken a step towards simplifying Web3 onboarding, allowing users to sign up for Sui-powered apps without having to manage an

Crypto Finance AG Raises $14.5M from Big Name Swiss and Asia Pacific Investors
Crypto Finance AG, the operator of several institution-oriented crypto businesses, has raised 14 million Swiss francs ($14.5 million) in a Series B funding round led by well-known investors from across Europe and Asia. The Zug-based business will use the funds to continue developing professional crypto asset infrastructure, management and trading services, founder and CEO Jan Brzezek…

Bitcoin Network Now 8 Times More Powerful Than It Was at $20K Price
Bitcoin (BTC) now has more computing power behind its security than ever before, passing another milestone as hash rate reaches an all-time high. Data from monitoring resource Blockchain confirmed that the Bitcoin network’s total hash rate reached a peak of 79 tera hashes per second (TH/s) on July 20. Bitcoin network hash rate, courtesy of Blockchain.infoBroadly accepted…

Hamster Kombat surpasses 300M users, teases ‘largest airdrop’ in crypto history
The Hamster Foundation has yet to reveal the exact tokenomics of the upcoming HMSTR token, which aims to set the stage for what will reportedly be the biggest airdrop in crypto history.

DeFi flash loan hacker liquidates Defrost Finance users causing $12M loss
Moments after a few users complained about the unusual loss of funds, Defrost Finance’s core team member Doran confirmed that Defrost V2 was hit with a flash loan attack. Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTDefrost Finance, a decentralized leveraged trading platform on Avalanche blockchain, announced that both of its versions — Defrost…

Tyler Winklevoss thinks Bitcoin is past the risk of a US ban
Bitcoin has likely become too interwoven into the world for a ban to be plausible, says the Gemini CEO. 2730 Total views 17 Total shares The United States government has increasingly stepped up its overwatch on crypto in recent years, although an outright ban on Bitcoin is now unlikely — at least according to Gemini…