Tag: New York
MakerDAO Community Votes to Proceed with Sky Rebrand Despite Centralization Concerns
The MakerDAO community has made a decision to move forward with the Sky rebrand despite concerns about centralization. In a recent vote, it was revealed that 79.3% of participants supported keeping the Sky brand...
Trump Family-Backed Crypto Project: $1M ETH Gain After Token Sale
World Liberty Financial, a decentralized finance (DeFi) project supported by the Trump family, has seen a substantial $1 million increase in unrealized gains following a quiet token sale last month. The company had to...
Bitcoin Price Surge: Cardano Up 16%, Bitcoin to Hit $100K Post Fed Rate Cut
Cardano's ADA has seen a significant 16% surge in the past 24 hours, driven by overall market increases, renewed interest in decentralized finance, and a growing appeal to retail investors. This surge comes as...
Bitcoin Hits Record High Post-Election: Ether and Solana Surge Before FOMC
Bitcoin has reached a new all-time high, showing strong performance after Donald Trump's victory in the U.S. presidential election. The cryptocurrency is currently up 2.3% in the last 24 hours, trading at $76,600, driven...
Federal Reserve Cuts Rates, Bitcoin Price Hits Record High Amid Powell’s Assurance on Policy
The U.S. Federal Reserve recently made a decision to reduce its benchmark fed funds rate by 25 basis points to 4.5%-4.75%, in line with expectations from the market. This move follows similar actions taken...
Bitcoin ETFs Gain $1.3B Inflows Amid Trump Win and Fed Rate Cuts
Bitcoin ETFs in the U.S. have experienced a significant increase in net inflows following Donald Trump's presidential win. The total inflows reached a record-breaking $1.38 billion, with BlackRock's IBIT leading the way with over...
Trump Administration Eyes Robinhood Legal Chief for SEC Chair
The Trump administration is considering appointing Dan Gallagher, Robinhood's chief legal officer and former SEC commissioner, as the chair of the Securities and Exchange Commission (SEC). Gallagher is viewed favorably by crypto executives who...
October Dapps Revenue Surges to $164M: Adoption Growth Analysis
Decentralized applications (dApps) have seen a significant increase in revenue, reaching $164 million in October according to a report by Binance Research. This surge in revenue is a clear indicator of the growing adoption...
Competition Drives Blockchain’s Path to Dominance
In the world of finance, there are many misconceptions that often lead to misunderstandings. One common misconception is that traditional finance (TradFi) is highly centralized. However, the reality is that the global banking system...
DEGEN L3 Migration Challenges: Conduit Standoff and Financial Losses
DEGEN L3 Migration Challenges: Conduit Standoff and Financial LossesDEGEN is facing obstacles in migrating DEGEN L3 to a new service provider due to issues with Conduit, which have resulted in financial losses and operational...
