Iron Finance Denies Rug Pull After Token Collapse

Key Takeaways Iron Finance’s TITAN, which backs the algorithmic stablecoin IRON, collapsed after a massive selloff last night. The price crash likely occurred because of IRON’s pegging mechanism depending on arbitrage. The... Read more »

World Bank Denies El Salvador Help With Bitcoin Plans

Key Takeaways The World Bank has denied El Salvador’s request for technical assistance in adopting Bitcoin due to environmental and transparency concerns.. President Nayib Bukele asked the World Bank for help in... Read more »

Yearn Finance, Alchemix, Curve Finance in DeFi Clash

Key Takeaways Three of DeFi’s leading projects are in dispute after Curve Finance proposed removing CRV rewards from Alchemix’s pool in the protocol. The proposal argues that Alchemix already generates yield from... Read more »

Crypto market ‘panic’ is subsiding, now’s the time to buy

The chief executive of Pantera Capital, Dan Morehead, is confident that the big crypto selloff is slowing because he thinks “we’ve seen the most of this panic”. In the monthly newsletter published... Read more »

Bitcoin, Stock Markets Await Fed’s Policy Meeting

Key Takeaways The U.S. Federal Reserve will publish its economic forecast today, addressing the bond-purchase program and interest rates. The market expects the central bank to maintain its liberal stance to support... Read more »

Hedge Funds Expect 7% Crypto Allocation by 2026: Report 

Share this article A recent survey conducted by fund administrator Intertrust found that hedge funds expect to hold 7.2% of their assets in cryptocurrencies by 2026.  Hedge Funds Plan Crypto Allocation  Global... Read more »

New Bitcoin bull market hodlers are refusing to sell at $40K, data suggests

Bitcoin (BTC) investors continue to hodl BTC at $40,000, even if they bought it at lower levels earlier in 2021. In the latest edition of its newsletter, The Week On-Chain, on June... Read more »

Taproot Explained: Bringing DeFi to Bitcoin

Key Takeaways Taproot is the Bitcoin network’s first update in four years. It comes after the Segwit update divided the community and led to the separation of Bitcoin and Bitcoin Cash. Taproot... Read more »

South Korean Banks to Follow New Crypto Restrictions

Share this article South Korea is introducing new banking restrictions to regulate crypto exchanges. The country’s bankers association will also hold a meeting to discuss new rules for reducing their liability on... 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 »