In a surprising turn of events that has sent ripples through the Web3 community, Harpie, a well-regarded Web3 security tool, has announced its closure. The platform revealed via X (formerly Twitter) that it will be ceasing operations due to the inability to establish a sustainable business model. This news raises critical questions about the challenges […]
In a groundbreaking move set to excite the crypto community, Avalon Labs, the innovative force behind the BTC-backed stablecoin USDa, has announced its support for BlackRock’s USD Institutional Digital Liquidity Fund, known as BUIDL. This strategic integration, facilitated through the Securitize platform, is poised to redefine how Bitcoin yield is generated and accessed. Are you […]
Hold onto your hats, crypto enthusiasts! In a stunning turn of events, the U.S. Senate has delivered a major win for the digital asset industry. By a resounding 70-28 vote, they’ve decided to repeal the controversial IRS DeFi broker rule. This move, celebrated across the crypto space, signals a potential shift in how digital assets […]
Get ready for round two! The U.S. Senate is set to revisit a contentious issue that could dramatically reshape the landscape of decentralized finance (DeFi). After a technical hiccup marred the initial vote, the Senate is scheduling a second vote this evening to decide the fate of the controversial DeFi broker rule. Will the crypto […]
The cryptocurrency world is buzzing with concern as over 30 crypto firms, spearheaded by the DeFi Education Fund, have issued a powerful call to Congress. Their urgent plea? To inject much-needed clarity into the Department of Justice’s (DOJ) interpretation of Section 1960, a rule governing money transmitters. This isn’t just legal jargon; it’s a critical […]
The cryptocurrency sphere witnessed an intriguing development today as World Liberty Financial (WLF), a DeFi project linked to the Trump family, publicly recognized Chainlink at the prestigious DC Blockchain Summit. Chris Barrett, Communications Director at Chainlink, shared this exciting news on X, highlighting the shoutout. Zach Witkoff, Co-Founder of World Liberty Financial, further amplified the […]
In a dramatic turn of events in the fast-paced world of decentralized finance (DeFi), Hyperliquid, a prominent decentralized exchange (DEX), has announced a decisive step to address the fallout from a recent market anomaly involving the JELLY perpetual futures contract. After detecting unusual trading patterns, Hyperliquid swiftly delisted JELLY through a validator vote, signaling a […]
In the fast-paced world of cryptocurrency, strategic maneuvers can lead to significant gains, even amidst challenging situations. Recently, Hyperliquid, a prominent decentralized exchange, demonstrated exactly that. After a turbulent period involving the delisting of JELLYJELLY (JELLY), Hyperliquid’s Liquidity Provider (HLP) liquidation address executed a calculated closure of a substantial 390 million JELLY short position. This […]
In a stunning turn of events in the decentralized finance (DeFi) space, Hyperliquid, a prominent crypto derivatives exchange, has abruptly delisted JELLYJELLY. This unexpected move sent ripples through the market, leaving traders and enthusiasts alike reeling from the aftermath. But what exactly transpired, and what does this mean for the future of JELLYJELLY and similar […]
Exciting news for crypto enthusiasts in Latin America! Leading crypto exchange TruBit has joined forces with innovative DeFi lending protocol Morpho to introduce a brand-new crypto earn product. This strategic partnership aims to bridge the gap between traditional finance usability and the power of decentralized finance (DeFi), offering users in Mexico and Argentina a seamless […]
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