Stablegains Sued: DeFi Yield Platform Promoted ‘Safe’ UST Investment
• Stablegains, a decentralized finance yield platform, is being sued in a Californian court for allegedly misleading investors and failing to comply with securities laws. • The plaintiffs allege that…
Binance BNB Token at Risk of Further Decline By March
• BNB (BNB) recorded its worst daily performance since November 2022, falling 8.5% to below $285. • The ongoing decline in BNB’s price came as a part of a broader…
17K Miners Offline in Texas Due to Severe Weather
• Riot Platforms reported that 17,040 rigs deployed at its operations in Texas were offline due to severe winter weather in the state. • Two of the buildings at its…
SEC Admits LBRY Credits (LBC) Token Secondary Market Transactions Not a Security
Bulletpoints: • The United States Securities and Exchange Commission (SEC) admitted on record that the sale of LBRY Credits (LBC) tokens in the secondary market doesn’t constitute a security. •…
SushiSwap Redirects 100% Trading Fees to Treasury, Proposes Token Clawback
• SushiSwap governance has voted to redirect 100% of trading fees to the exchange’s treasury for operations and maintenance for one year. • The exchange has also proposed to “clawback”…
Tucker Carlson Proposes Maximum Tin Foil Bitcoin Conspiracy Theory
Bullet Points: – Tucker Carlson, Fox News television host, proposed a conspiracy theory linking airline delays to a Bitcoin price surge. – He suggested the computer outage was caused by…
Coinbase to Wind Down Majority of Japan Operations in Bear Market
• Coinbase will be closing down most of its operations in Japan as part of its efforts to survive in the bear market. • As part of the restructuring plan,…
Crypto Consolidation to Strengthen Industry in 2023, Ripple Exec Predicts
• Ripple exec predicts increased crypto acquisitions in 2023, which will strengthen the industry in the wake of FTX collapse and other issues experienced by firms. • Predicts cryptocurrency and…
Crypto Markets Show Signs of Sustained Recovery on Fed’s Upcoming Meeting
• Bitcoin and select altcoins are showing signs of starting a sustained recovery over the next few days. • The crypto bear market of 2022 could start a handover of…
Reduce Price Volatility and Improve Liquidity with TWAP Trading Strategy
• Time-weighted average price (TWAP) is an algorithmically driven trading strategy used to reduce price volatility and improve liquidity. • TWAP works by breaking down large orders into smaller orders…