Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K

Bitcoin price is still in a rut, trading near $33,000 and trapped in a downtrend that just seems to get worse with the passing of each day. As the price slumps, analysts... Read more »

DeFi Derivatives “Are a Bad Idea”: CFTC Commissioner

Key Takeaways Speaking at Asset Management Derivatives Forum 2021, CFTC Commissioner Berkovitz expressed his concerns about DeFi. According to Berkovitz, DeFi-based derivatives may be violate regulations set by the Commodity Exchange Act... Read more »

Cream Finance Logs $1.3M Bad Debt After SWAG Crash

Key Takeaways Cream Finance has written $1.3 million in bad debt due to a crash in the price of SWAG tokens. The tokens were used as collateral in one of Cream Finance’s... Read more »