Michael Egorov, founder of Curve Finance, has settled his loan on the Aave Protocol and cut his total debt to $42.7 million.  Egorov’s DeFi debt profile was revealed on August 1 following a Curve Finance hack that extracted $73.5 million worth of assets across various liquidity pools.  As expected, the […]

Decentralized exchange (DEX) Uniswap is seeking an on-chain vote to approve the second tranche of the $74 million funding for its developer Uniswap Foundation. According to the September 27 announcement, the second tranche of funding, with a buffer of 10% for price volatility, is worth an estimated $62 million and […]

The LINK price has been the best performer in the crypto top 20 by market cap over the past week, data from Coingecko shows. The cryptocurrency recently broke out of a critical level and a downtrend and seems poised to re-capture previously lost territory. As of this writing, the LINK […]

Legal frameworks ensuring user privacy and the freedom to choose between central bank digital currencies (CBDCs) and other forms of money will be key in driving CBDC adoption, according to the head of the Bank of International Settlements. Speaking at the BIS Innovation Hub conference in Switzerland on Sept. 27, […]

Cryptocurrency price analysis brought by Coinidol.com. The price  of Cardano (ADA) has gradually returned to its previous level of $0.23. Cardano price long-term forecasts: bearish Cardano rose above the $0.23 support during the downtrend on August 17 as bulls bought the dips. The positive momentum was maintained by buyers until the […]

Brian Armstrong, CEO of major United States-based cryptocurrency exchange Coinbase, has condemned the decision of JPMorgan’s subsidiary Chase UK to restrict crypto-related transactions. Armstrong took to X (formerly Twitter) on Sept. 26 to slam Chase Bank for its “totally inappropriate” move to ban its customers in the United Kingdom from […]

Bitcoin’s price is influenced by the Federal Reserve’s interest rates. Bitcoin’s price was negatively impacted by the FTX exchange issues in 2022. Bitcoin’s price is currently in a holding pattern, with the possibility of dropping, or remaining within the range of $20,000 to $30,000 In a recent interview with Thinking […]

The historic Merge upgrade from Sept. 2022 — which marked Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) — resulted in the overall decline in compliance with standards laid down by the Office of Foreign Assets Control (OFAC).  Ethereum blocks adhering to OFAC compliance censor certain transactions, which has a […]

The United States House Financial Services Committee will hear how the Securities and Exchange Commission is changing its oversight and rules to keep pace with technological advancements, including cryptocurrencies and artificial intelligence. SEC Chair Gary Gensler is set to outline how the U.S. securities regulator is updating its rules to […]

Mixin Network, a decentralized cross-chain protocol, in a message to the hacker behind the $200 million exploit on Sept. 23, has offered a $20-million bug bounty for the return of the remaining funds. Mixin Network encrypted the message with the exploiter transaction, requesting the exploiter to return the funds as the […]