The outlook for DeFi lending remains strong – The industry is mature and ripe for institutions

The following is a guest post from Robert Alcorn, co-founder and CEO of Clearpool. As we enter the mid-point of 2023, the DeFi lending market continues to grow, observing a 20.5% increase... Read more »

Crypto.com seeks to recover $76K related to transaction error

Crypto.com has recently submitted legal documents, dated July 7, in a bid to recover from an erroneous $50,000 transaction and over $26,000 in additional funds generated as a consequence The case revolves... Read more »

Majority of FSI customers comfortable with crypto, less so AI

A 2023 H1 survey from Salesforce, which covered 6,058 financial service institution (FSI) customers worldwide, offered significant insights into sentiments surrounding artificial intelligence (AI), cryptocurrency, and the digital shift in the financial... Read more »

Twitter says Threads stole its IP, sends legal threat to Facebook parent Meta

Twitter has sent a legal warning to its competitor Meta, Semafor said on July 6. Meta — the parent company of Facebook and Instagram — previously launched its Threads app. The product... Read more »

Bitcoin miners cash in on June price surge, selling thousands of BTC

Bitcoin (BTC) miners sold a significant amount of their mined Bitcoin in June to fund their operations, according to Glassnode data analyzed by CryptoSlate. According to the chart below, miners’ exchange flow... Read more »

Bitcoin and S&P 500 decouple from net liquidity

The Bitcoin and the S&P 500 Index have historically shown a near-perfect correlation with net liquidity, a key market metric often overlooked in market analysis. However, as of June 2023, this correlation... Read more »

Web3 protocols saw decline in in security-related losses in Q2, but exit scams were on the rise

Web3 protocols losses to hacks and exploits during the second quarter plunged 58% to $313.5 million from $745 million stolen around the same period last year, according to a CertiK report shared... Read more »

Global regulatory developments are literally reshaping the crypto world

As the world of cryptocurrency continues to evolve, so too does the regulatory landscape that governs it. In the United States, regulatory bodies are tightening their grip on crypto operations, while across... Read more »

Court decision on Grayscale v. SEC lawsuit could prove crucial for spot Bitcoin ETF applicants

Investors and applicants interested in spot Bitcoin exchange-traded funds (ETFs) are keeping a close eye on the ongoing court case between Grayscale and the U.S. Securities and Exchange Commission (SEC On June... Read more »

After years of relative obscurity, Litecoin is finally having a moment in the sun

Litecoin, one of the oldest digital assets in the industry, has recently seen a significant resurgence. After a period of relative obscurity, the “digital silver” to Bitcoin’s digital gold suddenly surged into... Read more »