Magic Eden accounts for over 90% of NFT trading volume on Solana. On Tuesday, Magic Eden, a popular nonfungible tokens (NFTs) platform on the Solana (SOL) blockchain with 112,927 SOL…
“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment,” said chief financial…
The institution’s future monetary vision includes exploring innovations grounded in trust in central banks’ stable sovereign currencies and safe payment systems. In a new annual economic report published by the…
Celsius, a popular cryptocurrency lending platform, has suspended most of its services as market conditions have put pressure on its ability to pay clients. Celsius Stopped Withdrawals June 12 On…
In 2019 alone, BTC surged by over 800 percent. Today, 1 Bitcoin is easily exchanged for $20,000 USD at many regulated exchanges across the world. The volatility of cryptocurrencies combined…
Celsius Network appears to be making every effort to recover its users’ faith. The decentralized finance (DeFi) network declared a week ago that withdrawals, swaps, and transfers would be suspended,…
Summary: The Solend team has initiated a proposal to introduce a per-account borrow limit of $50 million. The limit will be rolled out gradually, starting with the per-account borrow limit…
Summary: Solana-based NFT marketplace of Magic Eden has raised $130 million in a Series B round at a $1.6 billion valuation. The funds will expand Magic Eden’s primary and secondary…
Solend, the DeFi lending platform on Solana has been facing critical reviews from the entire cryptocurrency community for its actions to protect its platform. Announcements from the project have been…
Animator Haruna Gohzu, who worked in popular anime like Pokémon and the Demon Slayer movie, will lead the animation in the films. Noma, a Japanese film studio, has announced that…
Celebrating the arrival of summer, Cointelegraph has launched a new collection of crypto-inspired summer wear to keep things cool. As the market gets hot with the recent price drops, traders…
Crypto markets make the most of respite after BTC price action bounces from its lowest since November 2020. Bitcoin (BTC) saw continued strength on June 21 as Wall Street trading…
Accredited investor laws are the bane of many in the crypto industry, who see them as preventing small investors from accessing big opportunities. When Celsius was recently forced to cut…
Summary: Ethereum’s Vitalik Buterin has criticized Bitcoin’s stock-to-flow model by PlanB. Vitalik explains that the stock-to-flow model is not looking good, and financial models that give people false hope deserve…
Summary: Blockfi announced a massive credit facility secured from crypto exchange FTX. The deal is worth $250 million according to CEO Zac Prince. Blockfi plans to use the funds to…
