Solana decentralized finance (DeFi) platform Friktion is shutting down its user interface and urging customers to withdraw their assets from the protocol, according to a statement on Jan. 26. The project’s website will no longer deliver the same services, operating in a withdrawal-only mode for all Volts and making deposits unavailable. Friktion’s Volts are structured products for DeFi investments that […]
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Amsterdam, Noord-Holland, 27th January, 2023, Chainwire Index solution provider DemaTrading.ai has conducted a wide-ranging survey of the leading cryptocurrency exchanges. Its results are drawn from conversations with over 30 exchanges and 50 investors and reveal some of the most common reasons why exchange customers stay inactive. The survey identified the following primary reasons behind customer inactivity: Too many options: The average exchange has […]
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Ripple (XRP) is in an uptrend and reached a high of $0.43. Resistance at $0.40 has been broken, and XRP is moving back up. Long-term forecast for Ripple price: bullish The price of XRP is experiencing a series of higher highs and higher lows. At the high of $0.42, there is resistance to the current uptrend. Nevertheless, the market will […]
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Wendy Rogers, an Arizona state senator in the United States, has launched bills concerning cryptocurrency, including one that aims to make Bitcoin (BTC) legal tender in Arizona. In a recent tweet, Rogers cited data from investment firm Goldman Sachs that BTC is the best-performing asset in the world and announced that she launched a set of crypto bills. One of […]
Read moreAccording to a report published by Reuters on January 26 that cites three unnamed sources, the United States Securities and Exchange Commission (SEC) is reportedly conducting an investigation into registered investment advisers to determine whether or not they are following rules regarding the custody of client cryptocurrency assets. According to the sources, the SEC’s investigations have been kept secret up […]
Read morePRESS RELEASE. Crypto has a mission, to manifest optimal potential of blockchain and let users gain control of their data, identity and money. Needless to say, security is the most important metric that differentiates the best crypto wallet from others. In the pursuit of the same, Antier, a leading blockchain consulting firm, has taken a leap over conventional practices and […]
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Institutional investors are “not giving up on crypto,” with recent data pointing to as much as 85% of Bitcoin buying being the result of American institutional players, according to Matrixport’s chief strategist. Markus Thielen, the head of research and strategy at the financial services firm, told Cointelegraph the evidence shows that institutions are not “giving up on crypto” and is […]
Read moreIf the catastrophe in cryptocurrency prices in the first half of 2022, combined with the Terra Luna crash, weren’t enough to jolt the market, the FTX debacle in the latter stages of last year undoubtedly brought more anguish for the sector. The FTX saga, however, continues and in the latest development, according to court documents cited by Bloomberg, FTX wants […]
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