Crypto News

The cryptocurrency market is currently riding a wave of optimism as Bitcoin, the bellwether of the digital asset space, soared to a yearly high of $42,000. Crypto stocks have also enjoyed bullish momentum as the crypto market recovers.…
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Cosmos-based networks Umee and Osmosis will merge via a software upgrade, according to a Dec. 4 announcement. Umee’s UX Chain code will be reimplemented on the Osmosis chain, allowing features of the two networks to be combined and creating…
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Despite rebranding to Parallel Finance for a greater focus on the decentralized finance (DeFi) ecosystem, the nonfungible token (NFT) lending protocol ParaSpace will continue to focus on its core product amid sector woes.In a conversation…
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According to a Dec. 4 post by Salvadoran President Nayib Bukele, the country’s cumulative Bitcoin (BTC) investments currently amount to $131 million with a net profit of $3.6 million, for a total gain of 2.84%.“Of course, we have no…
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Itau Unibanco, Brazil’s largest bank, has officially entered the cryptocurrency exchange market, launching a trading service for its investment platform clients. The service debuted on Monday and enables users to trade…
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The significance of blockchain in the daily healthcare routine Blockchain has the potential to revolutionize healthcare by preserving data integrity, fostering better teamwork, and…
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Bitcoin (BTC) held closer to the $40,000 mark on Dec. 3 after weekend gains reinforced a “strong” uptrend.BTC/USD 1-hour chart. Source: TradingViewBitcoin leaves $60 million in shorts hangingData from Cointelegraph Markets Pro and…
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The hacker who stole over $46 million from the DeFi…
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Blockchain analysis firm Lookonchain reported that cryptocurrency powerhouses FTX and Alameda Research are actively engaged in a substantial transfer of digital assets, amounting to an impressive $22 million. The diverse cryptocurrency mix…
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Bitcoin mining pool AntPool has made headlines by agreeing to refund a record $3 million transaction fee. This decision, however, comes with a stipulation: the owner must verify their identity before December 10, 2023. This decision…
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