Usual Protocol, an up-and-coming decentralized finance (DeFi) protocol that has seen a remarkable rise over the past months, faced community backlash on …
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Stablecoin developer Usual is under scrutiny after changing 1:1 redemption mechanism for USD0++, its yield-bearing staked token tied to the USD0 stablecoin. …
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Bitcoin is under short-term pressure as macroeconomic shifts and changing sentiment continue to weigh on upward momentum. Despite reaching a record high …
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DeFi
Solv Protocol Faces Accusations of Misrepresenting Bitcoin Staking Metrics
by shayaanby shayaanSolv Protocol, a prominent Bitcoin staking platform, is facing allegations of inflating its total value locked (TVL) figures. Industry experts have raised …
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Regulation
Crypto industry faces uncharted waters in Washington as pro-crypto administration takes shape
by shayaanby shayaanAs we enter the new year, cryptocurrency has been enjoying a thriving environment, with every angle turning out in its favor. From …
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Mining
Bitcoin Mining Faces Rising Costs as Hashprice Boosts Provide Only Temporary Relief
by shayaanby shayaanThe mining difficulty of Bitcoin hit a new peak of 109.78 trillion, climbing 1.16% in Sunday’s latest adjustment. This represents a 24% …
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Finance
China’s Digital Yuan Faces Uphill Battle With Corruption Scandals and Sluggish Adoption
by shayaanby shayaanChina’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due …
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Memecoins
Trader Faces $654K Loss on WIF, Shifts to Meme Coins: Risk or Reward?
by shayaanby shayaanA crypto trader lost a massive $654,000 on dogwifhat (WIF). The trader sold his WIF holdings for 4.08 million USDC. The trader …
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Smart Contracts
AI Crypto Startup O.XYZ Faces Allegations of Misrepresentation and Internal Turmoil: Sources
by shayaanby shayaanO.XYZ, a blockchain and AI company that touts crypto and artificial intelligence services, is facing accusations of falsely inflating its technology claims …
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Markets
XRP Price Skyrockets Past $1 as SEC Faces Legal Troubles And Favorable Regulatory Shift Looms
by shayaanby shayaanThe price surge is consistent with the recent bullish positioning in the options market. www.coindesk.com