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Trade Finance Platform We.Trade on the Brink of Liquidation, Report says

Trade Finance Platform We.Trade on the Brink of Liquidation, Report says

We.trade, a trade finance platform, established as a joint venture among multinational firms, including 12 banks is on the brink of liquidation, local media reports.

Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

DeFi TVL nearly doubled in Q1 2024, reaching $98 billion, partly due to Ethereum's liquid restaking initiatives. However, a recent crypto market pullback has led to a decline to $86.6 billion.

Curve Finance Launches MIM/crvUSD Pool on Arbitrum, Bolstering DeFi Ecosystem

Curve Finance Launches MIM/crvUSD Pool on Arbitrum, Bolstering DeFi Ecosystem

Curve Finance's new MIM/crvUSD liquidity pool on Arbitrum marks a significant advancement in DeFi, offering enhanced liquidity and user experience. This strategic move leverages Arbitrum's layer 2 capabilities for faster, cost-effective transactions, underlining Curve's commitment to innovation and community-driven governance.

Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity

Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity

Bitfarms has now relied on sales of some of its mined Bitcoins and borrowings to fund its capital expenditure and improve its liquidity.

Kraken Joins Consortium to Support, Build Liquid Staking Protocol

Kraken Joins Consortium to Support, Build Liquid Staking Protocol

Crypto exchange Kraken has joined a consortium meant to support and build an enterprise-grade liquid staking protocol dubbed Liquid Collective.

German Crypto Neobank Nuri to Sets Date to Close its Business

German Crypto Neobank Nuri to Sets Date to Close its Business

German crypto Neobank, Nuri is closing shop later this year

3AC Co-Founder Reappears, Blames Liquidators for 'Baiting'

3AC Co-Founder Reappears, Blames Liquidators for 'Baiting'

Su Zhu, Three Arrows Capital co-founder, has revealed fresh details behind the collaboration between the prominent hedge fund firm and its liquidators.

Bitcoin’s Liquidity is Vanishing From Exchanges and Supply Crisis is Near, Bullish for BTC Price

Bitcoin’s Liquidity is Vanishing From Exchanges and Supply Crisis is Near, Bullish for BTC Price

Bitcoin ultimately has a total supply of 21 million coins, some of which has not been mined yet; considering lost coins, the actual supply is way fewer.

DeFi Protocol Harvest Finance Put Out $100K Bounty After $24M Attack, FARM Token Crashes

DeFi Protocol Harvest Finance Put Out $100K Bounty After $24M Attack, FARM Token Crashes

Harvest Finance is taking the offensive against an alleged attacker who exploited the DeFi protocols liquidity pools—putting a $100K bounty on the hacker.

Cosmos Hub Votes to Reduce ATOM Inflation Rate to 10%

Cosmos Hub Votes to Reduce ATOM Inflation Rate to 10%

Cosmos Hub proposes reducing ATOM inflation rate from 14% to 10%, lowering annual staking yield from 19% to 13.4%, optimizing security expenses and introducing a liquid staking module.

Sequoia Capital's $213.5m Investments in FTX Marks Down to $0

Sequoia Capital's $213.5m Investments in FTX Marks Down to $0

Amid the liquidity crisis in FTX, Sequoia Capital announced to mark down its FTX investment to $0.

Tackling DeFi Scams: Making Pre-sale Ecosystems Safer

Tackling DeFi Scams: Making Pre-sale Ecosystems Safer

Investors are aware that “rug pull” scams have negatively affected the reputation of the DEFI/DEX space in recent times. But liquidity protocols could be an effective solution.

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