Quick take: Compound Finance’s Treasury has received a B- credit rating from S&P Global Ratings This makes Compound Finance the first institutional DeFi offering to be rated by such a credit agency Traditional institutions have begun...
Brazil and Latin America's largest fintech house onboard crypto trading facilities.
Summary: Aurora has launched a token fund worth $90 million geared towards financing DeFi-based applications on the Near Protocol The fund also is geared toward attracting developers to Aurora and the Near Protocol Aurora is an...
Summary: USDC’s reserves are 77.1% ($39 billion) in US Treasuries and 22.9% in Cash ($11.6 billion) The reserves are worth $50.6 billion and match the amount of USDC in circulation Circle, the parent company of USDC,...
Summary: LUNA and UST investors are being targetted by scammers claiming to issue refunds on their investments One scammer has already amassed 2.13 Ethereum (ETH) from unsuspecting LUNA and UST community members The team at Terra...
Summary: Yuga Labs and the Apecoin DAO board members are reportedly listening to offers on migrating ApeCoin off Ethereum. Avalanche and Flow are allegedly negotiating for Apecoin to migrate to their chains. Neither Yuga Labs nor...
Summary: Ledger is working on launching a browser extension on Safari called Ledger Connect. Ledger Connect will see users of Ledger Hardware wallets connected directly with Web3 applications. Initially, Ledger Connect will only be compatible with...
Summary: Seth Green is the latest victim of a phishing attack that targeted his NFT collection. According to the team at SlowMist, he lost 4 NFTs: 1 Bored Ape Yacht Club NFT, 2 Mutant Ape Yacht...
Summary: The number of active Ethereum addresses has remained stable relative to the ongoing crypto-market pullback. Active addresses on Ethereum have only dropped by 7% despite the value of ETH plummeting by 56% since its most...
Ethereum 2.0 could reduce energy consumption and optimize transaction speeds.
Summary: Circle’s team has stated it is committed to providing weekly reserve reports for USDCoin (USDC). Tether also issued its latest assurance report on USDT’s reserves earlier this week. Both Circle and Tether’s commitment to transparency...
Crypto markets slow down as Bitcoin ranges around $30K.