Tag: News

80% of XAO DAO’s XRP Treasury Set for Firelight Deployment

XAO DAO co-founder Santiago Velez announced that proposal 66 had passed, authorizing the decentralized autonomous organization to deploy 80% of its XRP treasury into Firelight, a DeFi protocol focused on decentralized insurance and yield. The decision would put a large share of the DAO’s XRP holdings to work in...
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$383 million in crypto longs liquidated in 24 hours

The liquidation of leveraged crypto longs highlights market volatility and the risks of over-leveraging, potentially deterring speculative trading. The post $383 million in crypto longs liquidated in 24 hours appeared first on Crypto Briefing....
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AI tech fears push global credit spreads to 17-month high

Investor caution towards AI may lead to broader economic impacts, as market shifts to safer assets amid geopolitical and tech uncertainties. The post AI tech fears push global credit spreads to 17-month high appeared first on Crypto Briefing....
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