Tag: Crypto

Ethereum market share nears historic lows as ETH price risks falling to $1,100

Ether’s (ETH) market is very close to hitting all-time lows as a classic bearish chart pattern hints at a deeper correction toward $1,100. Ethereum’s market dominance keeps falling On April 9, Ethereum’s market dominance, or the measure of Ether’s share of crypto’s overall market capitalization, hit a new multiyear...
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Criminals Are Watching the DOJ’s Crypto Shift. So Should We

The Department of Justice recently issued new guidance directing prosecutors to scale back their efforts to investigate and litigate cryptocurrency crimes. This subsequently disbands the government’s National Cryptocurrency Enforcement Team (NCET) in an effort to prioritize immigration and procurement issues over cryptocurrency enforcement. While the DOJ frames this as...
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Ethena Agrees With Regulator to Withdraw From German Market

Decentralized finance (DeFi) protocol Ethena has agreed to wind down its operations in Germany. The decision comes three weeks after BaFin, Germany’s finance regulator, identified “serious deficiencies” in Ethena’s USDe token and said that the company was offering securities in Germany without approval. “We have agreed with BaFin to...
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Mantra and Terra Luna: Nothing in common but a token crash

The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra as the “next Terra.” Still, many in the community argue that the two projects share nothing in common besides visual similarities in price charts....
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Polygon Labs’ Marc Boiron on Unifying Blockchains

Marc Boiron, CEO of Polygon Labs, speaks with a practiced clarity that reflects his background as a lawyer. Over the course of our conversation, he outlines Polygon’s strategy to position itself as the connective tissue in an increasingly crowded blockchain ecosystem. As competition intensifies and market conditions fluctuate, Polygon...
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$19B and Climbing: DeFi Lending Surges Past CeFi in Major Comeback

The tables have turned in the world of crypto lending, and it’s not even close. In an interesting turn of events showing the market growth regarding CeFi vs DeFi, a report by Galaxy Digital shows that by the end of 2024, decentralized finance (DeFi) lending platforms had racked up...
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