Crypto news

Sky, the DeFi lending protocol that was formerly known as Maker, has rolled out its USDS stablecoin on the Solana blockchain. According to the official announcement, Sky said the launch positions USDS as “the first major DeFi-native stablecoin on Solana,” offering new avenues for borrowing, lending, and trading on the blockchain’s leading DeFi platforms. “Today’s launch marks the first step in Sky’s strategy to increase Solana’s DeFi liquidity and TVL. With pending governance...

In an effort to tackle electricity shortages, Russian officials disclosed plans to suspend cryptocurrency mining in several regions this winter. The ban will impact the Irkutsk region, portions of Buryatia, the Zabaikalsky region in Siberia, and six North Caucasus areas, including Chechnya and Dagestan. Mining will also be prohibited in the Russian-controlled Ukrainian regions of Donetsk, Luhansk, Zaporizhzhia, and Kherson. The mining suspension in Siberia will last from...

Bitcoin reached a new peak of $95,000 hours ago but was rejected and pushed south by over a grand within minutes. Although it has recovered some ground, many altcoins, especially from the meme coin niche, have plummeted hard, leaving over $400 million in liquidations on a daily scale. The specific dump is evident by the plunging meme coin market cap. While that of the entire crypto market has dropped by 2.3% over the past 24 hours to $3.2 trillion on CG, the meme coins have...

The Trump transition team is considering pro-crypto lawyer Teresa Goody Guillén as a potential SEC chair candidate, according to reports. Guillén is currently a partner at BakerHostetler and co-lead of its blockchain team. Last week, Gary Gensler released a statement that suggested he was leaving the agency, and the debate over his replacement has heated up. “As Trump searches for a pro-crypto SEC Chair, crypto prices will likely continue to rise,” predicted the Kobeissi...

Wrapped Bitcoin’s (wBTC) team has expressed surprise and disappointment at Coinbase’s decision to delist the token. In a statement shared on X, it urged the crypto exchange giant to reconsider this decision and continue supporting the trading of the token. The team said the token has positioned itself as a decentralized and transparent wrapped BTC product, supported by “innovative mechanisms and rigorous governance.” They even highlighted their adherence to custody processes,...

[PRESS RELEASE – Frankfurt, Germany, November 20th, 2024] KYVE is entering its expansion era, introducing an enhanced web app packed with new features and collaborations to support users and unlock multi-network potential. From experienced developers to crypto newcomers, the platform aims to make it easier for users to jump in, contribute, and benefit as part of KYVE’s mission to make blockchain data accessible to all. The latest updates are meant to make it easier for users...

TL;DR XRP surged by double digits in the past week, with analysts predicting additional gains of up to $8. Rumors of SEC Chair Gary Gensler’s replacement with a new pro-crypto leader could aid Ripple’s legal issues, driving XRP’s growth further. The Potential Journey to a New ATH Ripple’s XRP was unable to join the massive bull run of the cryptocurrency market following Donald Trump’s win in the US presidential elections. However, in the past week, it followed suit and even...

Leading decentralized finance (DeFi) protocol Aave has achieved a remarkable milestone, hitting $10 billion in active loans. It marks a 300% rise in lending activity from the start of the year when the figure stood at $3.4 billion. DeFi Renaissance Data from the on-chain DeFi tracking platform Token Terminal shows that in the last 30 days, active loans on the platform increased by 16.4% to reach $10.04 billion. At the same time, its total value locked (TVL), which is the...

Wenn es um den Handel mit Bitcoin und anderen Kryptowährungen geht, ist die Auswahl der richtigen Börse entscheidend. Besonders in der Schweiz, wo Präzision und Verlässlichkeit geschätzt werden, spielen Sicherheitsaspekte, Transparenz und Benutzerfreundlichkeit eine große Rolle. Hier finden Sie eine Übersicht über Bitcoin-Börsen, die in der Schweiz gut funktionieren – geordnet nach ihrem Trustpilot-Rating. 1. Cex.io – 4.7 Cex.io sticht mit einem hervorragenden Trustpilot-Rating hervor und...

Die Bedeutung von Kryptowährungen hat in den letzten Jahren stark zugenommen. In der Schweiz investieren 11 Prozent der Bevölkerung in Krypto-Anlagen. Die meisten Personen tun dies aus Interesse und Neugier mit verhältnismässig kleinen Beträgen – und weniger aus Rendite- oder Diversifikationsgründen. Mit der zunehmenden Verbreitung von Kryptowährungen bieten immer mehr Banken den Handel mit digitalen Anlagen über das E-Banking und Mobile Banking an. In einer Studie hat die Hochschule Luzern...