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Ethereum’s failure to close above .3K prompts analysts to predict more downside

Ethereum’s failure to close above $1.3K prompts analysts to predict more downside

[ad_1] The Ethereum (ETH) network moved one step closer to completing its transition to proof-of-stake (PoS) this week after the successful completion of its second-to-last major Merge trial on the Sepolia public test network. Data from Cointelegraph Markets Pro and TradingView shows that following the Sepolia Merge on July 6, the price of Ether rallied to […]

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Aave Wants to Launch a Rival to MakerDAO’s DAI Stablecoin

Aave Wants to Launch a Rival to MakerDAO’s DAI Stablecoin

[ad_1] Key Takeaways Aave has put forward a governance proposal to launch a decentralized dollar-pegged stablecoin on the Aave Protocol. If accepted by the community, GHO would be available to borrowers who provide collateral and earn interest for the Aave DAO. Stablecoins have come under sharp focus in recent months due to Terra’s UST implosion,

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What is Litecoin? (LTC) | How does it work and what are its features

What is Litecoin? (LTC) | How does it work and what are its features

[ad_1] Commonly known as the first successful altcoin, Litecoin is one of the early spinoffs of Bitcoin, started in 2011 as an attempt to make a cryptocurrency more appropriate for use as digital cash. Created by developer Charlee Lee, Litecoin has some advantages over its other cryptocurrency competitors. For instance, compared to Bitcoin, Litecoin offers

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Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law – Regulation Bitcoin News

Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law – Regulation Bitcoin News

[ad_1] New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been submitted to its legislature while a recently published report examines relevant threats. Hong Kong Lawmakers to Review Bill Aligning Crypto Sector

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Router Protocol launches its modular cross-chain bridge: Voyager » CryptoNinjas

Router Protocol launches its modular cross-chain bridge: Voyager » CryptoNinjas

[ad_1] Router Protocol, an infrastructure layer enabling communication between blockchains, today announced the launch of Voyager, a cross-chain bridge with enhanced security features and fast transaction speeds. Voyager’s architecture is designed differently than standard bridges… Notably, it needs very little TVL to complete transfers, making the bridge less of a honeypot from a security standpoint. Instead

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Blockchain.com May Suffer 0M in Losses for 3AC’s Insolvency

Blockchain.com May Suffer $270M in Losses for 3AC’s Insolvency

[ad_1] Cryptocurrency exchange Blockchain.com may suffer a total of $270 million in losses due to Three Arrows Capital’s inability to repay loans due to the bankruptcy and liquidation of Three Arrows Capital. Earlier, the embattled cryptocurrency hedge fund, Three Arrows Capital (3AC) filed for Chapter 15 bankruptcy in the U.S. as it looks to preserve

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