Major Defi Token Prices Plunge, as Money Moves Back Into Bitcoin
Major decentralized finance (defi) projects fell sharply in October, with token prices tumbling by between 30% and 56%, as money appears to be moving away from the overhyped space and back into bitcoin. According to Coingecko data, Andre Cronje’s Yearn Finance...
Court Filing Accuses Bitmex Cofounders of ‘Looting’ $440 Million Before the Fed Crackdown
A civil lawsuit has been filed against the firm HDR Global Trading Limited, the parent company of the exchange Bitmex, alongside the three cofounders Arthur Hayes, Ben Delo, and Samuel Reed. Plaintiffs allege “the defendants’ Hayes, Delo, and Reed looted...
Venezuela to Incorporate Bitcoin and Litecoin Wallets into National Remittances Platform
Venezuela says it will incorporate bitcoin and litecoin wallets to its Patria’s Cryptocurrency Remittance Platform. In an update, authorities in the country say this move will enable Venezuelan citizens to formally receive remittances in cryptocurrency form....
Bitcoin hits 2nd highest monthly close to date —near $14,000 barrier
BTC price touched highs of $14,100 — the highest price point in more than 32 months Bitcoin is trading just under $13,800 on the day, slightly lower than the $14,100 highs reached over the weekend. While the top cryptocurrency looks to rebound above the key resistance...Interesting 13
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