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Markets

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Markets

BlockFi is Preparing to Compensate Its Customers with the Sale of FTX Rights!

BlockFi, one of the most striking examples of bankruptcies that shook the cryptocurrency industry, took an important step in the compensation process for its customers. According to the statement made by the company's plan manager Mohsin Y. Meghji, all rights against FTX were sold. This development marks the final stage of the bankruptcy process and strengthens the possibility of paying full compensation to customers.

Jul 23, 2024
Markets

Huge Fluctuation in the Crypto Market: Liquidations Increased by 150%

Cryptocurrency liquidations have increased significantly following the market-wide correction in the last 24 hours. This development is linked to the rapid reaction in the cryptocurrency ecosystem after US President Joe Biden withdrew from the upcoming elections and Vice President Kamala Harris joined the presidential race. This event created a short-term downward momentum in the cryptocurrency market.

Jul 22, 2024
Markets

Metaplanet Challenges Traditional Finance!

The Japanese economy has been going through a difficult period in recent years. Factors such as rising public debt, low interest rates and a weakening yen are shaking investors' confidence. In this environment, an actor that questions traditional investment strategies stands out: Japanese investment giant Metaplanet. The company maintains its belief in Bitcoin and increases its investments in cryptocurrency.

Jul 22, 2024
Markets

Revolution in the Crypto World! Bitcoin, Ethereum and Solana in One ETF!

The cryptocurrency market continues to attract the attention of investors with both its rapid growth and high volatility in recent years. In this dynamic environment, investors are looking for new strategies to both benefit from potential high returns and manage their risks. At this point, investment vehicles known as exchange-traded funds (ETFs) come into play. The entry of ETFs into the cryptocurrency market offers new opportunities for investors.

Jul 22, 2024
Markets

Switching Render Token to RENDER: What Does This Mean?

There is activity on cryptocurrency exchanges due to an upcoming upgrade of the render token. As part of this upgrade, the token will switch from the current ERC-20 standard to a new standard. Due to this transition, some cryptocurrency exchanges have decided to temporarily stop Render trading operations. Zeta Markets is one of these exchanges.

Jul 19, 2024
Markets

Enterprise Ethereum Alliance Releases DeFi Risk Management Guide

The Enterprise Ethereum Alliance (EEA) has published a comprehensive “DeFi Risk Management Guide” handbook that aims to eliminate complexities and regulatory uncertainties in the decentralized finance (DeFi) space. This initiative from the EEA aims primarily to promote innovation in the DeFi space and address concerns regarding potentially restrictive legislation from global regulators.

Jul 19, 2024
Markets

Who Are the Whales Behind MNT Token's Latest Jump?

While the cryptocurrency market has been quite volatile lately, Mantle Network, a Layer-2 solution that aims to improve Ethereum's transaction speed and costs, has gained reverse momentum. This is notable both for Ethereum's struggles to scale and for potential solutions. In this article, we will take a deeper look at what Mantle Network is, the reasons for the recent price movements of the MNT token, and what this could mean in the future.

Jul 19, 2024