Radiant Capital, a lending and borrowing protocol that operates across multiple blockchains, is quickly gaining ground on Aave in terms of earnings. Statistics from Token Terminal indicate that in the past six months, Radiant Capital has generated an impressive $5.8 million in revenue, despite having lower liquidity compared to Aave. This notable achievement suggests a
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In a recent interview with Bloomberg, Grayscale CEO Michael Sonnenshein shared the latest developments regarding the company’s proposed spot Bitcoin ETF. Grayscale has expressed its intentions to convert its existing Grayscale BTC (GBTC) fund into an ETF, and Sonnenshein provided insights into the current interactions with regulators. Sonnenshein emphasized that Grayscale has been diligently working
The integration of Artificial Intelligence (AI) into the financial sector has given birth to a new wave of investment strategies, particularly within the cryptocurrency industry. AI crypto startups are now at the forefront, capturing the attention of investors with their promise of simplified and informed trading experiences. These companies offer innovative solutions designed to distill
Efforts to revive FTX are drawing near a close with three possible buyers, according to recent reports. The former New York Stock Exchange (NYSE) president, Tom Farley, has expressed interest in purchasing FTX through his crypto exchange, Bullish. Alongside Farley, the crypto VC firm Proof Group and the fintech startup Figure Technologies are also vying
South Korean police have made a significant breakthrough in their fight against international crypto fraud. In a recent operation, they arrested 49 individuals, including the six suspected leaders of six separate organizations. The police froze over $12 million believed to be linked to the fraudulent activities of these groups. The Cyber Investigation Department of the
Cryptocurrencies have been experiencing a massive rally in recent months, with Bitcoin and Ethereum leading the way. While the Bitcoin price has shown signs of exhaustion on low timeframes, the overall growth of cryptocurrencies suggests potential for additional gains. Traditional assets like gold are being left behind as BTC and ETH continue to soar. Bitcoin
In recent news, Michael Barr, vice chair for supervision at the U.S. Federal Reserve, has called for strong federal regulation of stablecoins. His statement reflects the growing concern over these digital assets and the need to ensure that issuers and wallets are subject to appropriate oversight. Barr emphasized the importance of the Federal Reserve’s ability
In the buzzing world of cryptocurrencies, an under-the-radar startup called yPredict is quickly attracting the attention of top crypto analysts. With its advanced AI technology, yPredict is revolutionizing the crypto market by offering valuable insights, trading signals, and price predictions. This article delves into the core features of yPredict and explores why analysts are eagerly
Gemini’s UK branch recently announced that it will be limiting cryptocurrency transfers exclusively to Travel Rule Universal Solution Technology (TRUST)-registered Virtual Asset Service Providers (VASPs) starting November 17th. This decision comes as a result of the Travel Rule regulations, which require VASPs to share sender and receiver information for crypto transactions. Gemini acknowledges that in
The Ministry of Culture and Information of the Republic of Kazakhstan has recently confirmed that it has blocked access to the Coinbase website within the country. This decision was made due to alleged violations of Kazakhstan’s new digital assets law. The Ministry of Digital Development ordered the blocking of Coinbase’s website, accusing the cryptocurrency exchange
