The LINK price has been here before. After spending nearly 17 months consolidating around the $6 support zone, Chainlink eventually staged a …
Risks
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Smart Contracts
What is yield farming? Liquidity mining and APY risks explained
by shayaanby shayaanIn the summer of 2020, a governance token called COMP turned decentralized finance inside out. Compound, a lending protocol on Ethereum, began …
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The International Monetary Fund (IMF) has published a new working paper warning that dollar stablecoins could increase access to foreign currency in …
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Markets
Mizuho says Circle bank approval doesn't solve USDC growth, stablecoin competition risks
by shayaanby shayaanJapanese investment bank Mizuho reiterated its neutral rating on Circle, saying OCC approval for a national trust bank doesn’t address slowing USDC …
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Markets
Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity
by shayaanby shayaanThe Securities Transfer Association, an industry group for transfer agents, said company-authorized tokenization should receive preferential treatment under future rules. www.coindesk.com
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Markets
Troubles for bitcoin ETFs and private credit funds suggest rising market risks
by shayaanby shayaanRedemption requests in the $2 trillion private credit market surged to $15.6 billion in the second quarter, dwarfing bitcoin ETF outflows. www.coindesk.com
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The ALGO price is sitting at a crossroads. On one side, the daily chart continues flashing warning signs as sellers defend key …
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Markets
JPMorgan backs U.S. crypto bill but warns of risks in digital asset framework
by shayaanby shayaanThe bank says Congress should pair regulatory clarity with safeguards as Senate negotiates the Clarity Act. www.coindesk.com
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Analysis
Wells Fargo Upgrades One S&P 500 Sector to ‘Favorable,’ Says Investing in the Sector Can Help Reduce Risks Posed by Inflated Stocks
by shayaanby shayaanWells Fargo’s brokerage, investing and financial advisory division is highlighting one S&P 500 sector that could act as a defensive investment as …
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Scams
Scale of Stablecoin Adoption in Nigeria Makes Risks ‘More Pronounced’, Says IMF
by shayaanby shayaanIn brief A new IMF report has highlighted the “striking” scale of stablecoin adoption in Nigeria. The IMF warned that adoption sharpens …