DeFi revenue remains resilient despite Curve Finance hack

Decentralized finance (DeFi) services revenue is rising, despite the recent US$73 million hack on Curve Finance, a stablecoin-focused decentralized exchange (DEX) and lending protocol. Over the past week, DeFi services revenue, the sum of fees generated from decentralized applications, fell ...

Bitcoin stabilizes as ETF enthusiasm tapers off

Bitcoin and Ether fell during Monday afternoon trading in Hong Kong, along with most other top 10 non-stablecoin cryptocurrencies by market capitalization. See related article: Weekly Market Wrap: Bitcoin falls below US$26,000 following Evergrande’s bankruptcy Bitcoin, Ether fall, top 10 ...

Bitcoin falls below US$26,000 following Evergrande’s bankruptcy

Bitcoin fell 10.44% from Aug. 11 to Aug. 18 to US$26,324 as of 9:00 p.m. Friday in Hong Kong, according to CoinMarketCap data. The world’s largest cryptocurrency by market capitalization has been trading below US$30,000 since last Wednesday. Ether fell ...

SEC granted permission to file interlocutory appeal in Ripple case

Judge Analisa Torres has granted the U.S. Securities and Exchange Commission (SEC) the request to file an interlocutory appeal in its lawsuit against Ripple Labs.  See related article: XRP’s partial victory as Russia inches toward CBDC; Arkham draws flak Fast ...

Can Bitcoin close the week above US$29,300?

Bitcoin rose 0.79% from Aug. 4 to Aug. 11 to US$29,362 as of 7:20 p.m. Friday in Hong Kong. The world’s largest cryptocurrency by market capitalization briefly rose above US$30,000 twice this week, before falling below the support level. Ether ...