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Countdown to Litecoin halving today, is ‘digital silver’ ready to break out?

cyptouser1 years ago572
Countdown to Litecoin halving today, is ‘digital silver’ ready to break out?

The highly anticipated Litecoin (LTC) halving will occur later today, Aug. 2, marking the third even...

Total value locked across DeFi protocols down more than $3B since Curve Finance attack

cyptouser1 years ago402
Total value locked across DeFi protocols down more than $3B since Curve Finance attack

In the last three days, the DeFi sector has seen an 8% decline in the total value of locked assets (TVL), falling to $40.31 billion, as per DeFiLlama data.

As of July 30, DeFi projects TVL stood at $43.81 billion but witnessed a sharp decline after malicious players attacked several Curve (CRV) pools on July 31. Following the attack, crypto investors began withdrawing their assets, totaling over $3 billion, across different protocols as contagion fears emerged.

Total value locked across DeFi protocols down more than $3B since Curve Finance attack
In the last three days, the DeFi sector has seen an 8% decline in the total value of locked assets (...

Exclusive: Non-profit Glo launches stablecoin leveraging yields to alleviate extreme poverty

cyptouser1 years ago301
Exclusive: Non-profit Glo launches stablecoin leveraging yields to alleviate extreme poverty

Nonprofit organization Glo has announced the Aug. 2 launch of Glo Dollar, a regulated stablecoin with an ambitious goal: leveraging cryptocurrency yields to lift millions out of extreme poverty.

CryptoSlate spoke with Jasper Driessens, Co-Founder of Glo, about the project’s goals and how it leverages traditional finance to fund a non-profit stablecoin.

Leveraging Treasury yields to combat poverty

Nonprofit organization Glo has announced the Aug. 2 launch of Glo Dollar, a regulated stab...

Nvidia shrinks AI image generation method to size of a WhatsApp message

cyptouser1 years ago393
Nvidia shrinks AI image generation method to size of a WhatsApp message

Nvidia researchers have developed a new AI image generation technique that could allow highly custom...

Fitch downgrades US credit rating, Bitcoin peaks to $30k in stable market

cyptouser1 years ago361
Fitch downgrades US credit rating, Bitcoin peaks to $30k in stable market
Fitch’s recent downgrade of the United States’ credit rating from AAA to AA+ on Aug.1 has...

Reports of secret $90B Chinese trading denied by Binance, claims no operation in the country

cyptouser1 years ago284
Despite reports from the Wall Street Journal (WSJ) that China accounts for about 20% of Binance’s tr...

BALD token surge sparks rumors of ties to Alameda Research

cyptouser1 years ago359
The BALD token, which experienced an explosive surge of over 10,000% on the Coinbase-backe...

FTT holders left hanging in proposed FTX restart plan

cyptouser1 years ago0
FTT holders left hanging in proposed FTX restart plan
Bankrupt FTX has submitted a proposal to restart its international exchange if it can get...

Bitcoin’s price drop supported by 100x leverage

cyptouser1 years ago380
Bitcoin’s price drop supported by 100x leverage
Open Interest and Liquidation EventDuring the early hours of the morning on Aug. 1, open interest in...

FTT holders left hanging in proposed FTX restart plan

cyptouser1 years ago388
FTT holders left hanging in proposed FTX restart plan
Bankrupt FTX has submitted a proposal to restart its international exchange if it can get...
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