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    Total value locked in ‘Wrapped Bitcoin’ hits $1BN

    Total value locked in ‘Wrapped Bitcoin’ hits $1BN

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    Wrapped Bitcoin saw its value increase by over 900% in the space of two months Last month, for the first time, the total value locked of all Bitcoin tokenized on the ETH network topped the one billion dollar mark.  This was followed by the latest milestone achievement...
    Bitmex CEO Hayes Steps Down Following U.S. Criminal Charges

    Bitmex CEO Hayes Steps Down Following U.S. Criminal Charges

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    Arthur Hayes, chief executive officer of bitcoin derivatives exchange Bitmex, is stepping down from his position a week after U.S. prosecutors filed criminal charges against him. Hayes is leaving together with other top executives who are facing similar charges....
    Trouble for DeFi tokens as market drops 25%

    Trouble for DeFi tokens as market drops 25%

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    Top DeFi tokens have declined by 25% in seven days to see total market cap reduced to $10.2 billion A large number of the leading tokens by market cap in the decentralized finance (DeFi) market have sunk by more than 20% in the past seven days — led by Yearn.finance,...
    Yearn finance (YFI) dives 20% as bears target $12,000

    Yearn finance (YFI) dives 20% as bears target $12,000

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    YFI/USD has dropped 50% over the past seven days and nearly 20% in 24 hours Yearn.finance surged to highs of $44,000, blasting past Bitcoin to trade around $12,500 at the time. This was on the back of a DeFi boom that materialised so suddenly, it pushed several...
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