In this episode of The Scoop, Adam Dell, Founder and CEO of Domain Money, walks through some of the fatal mistakes made by recently collapsed crypto lenders and explains what a responsible approach to portfolio management looks like in the digital asset space. The post Domain Money…
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The payments management firm has released a detailed reserve report, revealing that its USDC stablecoin is backed only by cash and short-term treasury bonds.  Full Reserve Report To Win Trust In a bid to practice transparency and instill trust among its customers, Circle Internet Financial has released…
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Financial group EquitiesFirst owes embattled crypto lender Celsius $439 million. The post EquitiesFirst owes crypto lender Celsius $439 million: Financial Times appeared first on The Block.
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There’s a new layer1 blockchain in town and it’s only hours old. Flare Network, which has been under intensive development for some time now, officially went live on July 14 with a genesis event that will run for eight weeks. That’s how long the Flare team believes…
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Celo has been struggling with on-and-off network outages that lasted over a 24-hour span.  Outage Halts Block Production For 9 Hours For the first time since its mainnet launch in April 2020, the Celo blockchain suffered extensive network outages across a 24-hour period. The open-source blockchain runs…
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Bitcoin (BTC/USD) awaited fresh technical sentiment early in the Asian session as the pair hovered around the 20500 level after trading as high as the 20893.73 level, representing a test of the 61.8% retracement of the depreciating range from 22974.10 to 17567.45.  Stops were elected above the…
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Lido DAO Token is predicted to decrease -12.50% in the next 5 days and hit a price target of $1.00 per LDO. Check out today's Lido DAO Token price prediction to learn why.
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Sen. Kirsten Gillibrand raised thousands from crypto CEOs, developers, venture capitalists and industry groups last quarter, according to her latest campaign finance report. The post Crypto execs gave more than $150,000 to Sen. Gillibrand in Q2 appeared first on The Block.
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MetaMask's co-founders, Aaron Davis and Dan Finlay, recently made statements criticizing Celsius and Voyager, two platforms that represent what has been variably called "CeFi" or centralized finance, in contrast to decentralized finance (DeFi).According to Davis and Finlay, Celsius and Voyager have not been operating with full transparency,…
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The bear market has negatively affected the staffing levels at several major crypto firms, and the latest to suffer under the carnage of the price drops is the world’s leading non-fungible token (NFT) marketplace OpenSea. The platform announced massive layoffs on July 14, citing “an unprecedented combination…
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