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Binance to Cease 7-Day and 30-Day Stable Rate Loan Services

Binance to Cease 7-Day and 30-Day Stable Rate Loan Services

Binance will discontinue its 7-Day and 30-Day Stable Rate Loan services from September 2, 2024, while VIP Loan services remain unaffected.

SNX and AAVE Prices Remain Stable Amid Bitcoin Driven Market Dip

SNX and AAVE Prices Remain Stable Amid Bitcoin Driven Market Dip

Despite the ongoing market correction, DeFi tokens Synthetix Network Token and Aave maintains stable price momentums.

Official State-Run Publication Reports Blockchain Development in China to Reach $2 Billion In 2023

Official State-Run Publication Reports Blockchain Development in China to Reach $2 Billion In 2023

Chinese publication, Xinhua, reports that blockchain technology will reach $2 billion in 2023 as well as this, blockchain development in China is expected to increase by a compound annual growth rate of 65.7% from 2018 to 2023.

Bitcoin Hash Rate Remains Steady as Miners are Wiped Out by China Floods

Bitcoin Hash Rate Remains Steady as Miners are Wiped Out by China Floods

Recent China floods did not affect the Bitcoin network hash rate. However, some miners were not spared as they were wiped out.

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.

MakerDAO, on the Significance of Multi-Collateral Dai and Dai Savings Rate

MakerDAO, on the Significance of Multi-Collateral Dai and Dai Savings Rate

In part two of our interview with Gustave Arentoft, Business Development, Dai Speaker, MakerDAO: he shared with us the significance of the launch of multi-collateral DAI and Dai Savings Rate (DSR), as well as his favourite Dapps which integrates DSR.

Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years

Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years

Crypto analyst Willy Woo recently highlighted that with the Bitcoin adoption rate witnessed in history, 30% of the world would own Bitcoin in 4 years' time.

OKEx Launches USDT-Margined Futures Live Trading With Up To 100× Leverage

OKEx Launches USDT-Margined Futures Live Trading With Up To 100× Leverage

OKEx, the world's largest futures crypto exchange based in Malta, announced the launching of BTC/USDT margined trading on its futures platform with an enticing leverage rate of 0.01-100×. Following the fulfillment of their simulation which began on November 5, the margined futures trading was launched live on Nov. 14.

Bitcoin Hash Rate Reaches Peak Amidst Price Fluctuations

Bitcoin Hash Rate Reaches Peak Amidst Price Fluctuations

The benchmark responsible for the level of confidence that miners have in the Bitcoin network has been seen to reach its all-time high on Thursday.

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

Feds Suspect US Unemployment Systems Attacked by Fraudsters, Leading to Losses in the Hundreds of Millions of Dollars

According to federal authorities in the US, a group of international cybercriminals has been reportedly attacking the US unemployment systems, funneling millions of dollars in payments that were intended to support the detrimental effects the coronavirus pandemic had on the economy. With the number of infections in the US growing at an appalling rate, so far 1.5 million American citizens have been infected, with over 90,000 related deaths. The unemployment crisis in the country has surpassed the rate since the Great Depression, as the official US unemployment rate is at its highest in recorded history, at an alarming 14.7 percent. The New York Times obtained a memo from the US Secret Service, indicating that the fraud scheme was coming from a “well-organized Nigerian fraud ring,” and could result in the loss of hundreds of millions of dollars in the American financial system.

Yearn.finance Announces Partnership With Cream and New Lending Project: Stable Credit

Yearn.finance Announces Partnership With Cream and New Lending Project: Stable Credit

Yearn.finance founder Andre Cronje has recently published details of an upcoming integration with Cream, a DeFi lending protocol.

Is Bitcoin's Price at $10K Stable? Here are Some Factors that Could Influence BTC

Is Bitcoin's Price at $10K Stable? Here are Some Factors that Could Influence BTC

Bitcoin's (BTC) price dropped below $10,000 on the weekend, which ended BTC's two-month streak of staying above $10K.

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