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Tech

Shiba Inu Layer 2 Blockchain Shibarium to Release Beta Version This Week

Ecosystem tokens jumped following confirmation from Shibarium developers.

Shiba Inu (Atsuko Sato)

Markets

Curve Yield Farmers Rush to Deploy $60M on Newly Launched Conic Finance, Capture 21% APY on USD Coin

Conic is the latest player in the game to offer unlocked yield rewards to users from the prominent DeFi protocol Curve.

(Peter Zelei Images/Moment/Getty Images)

Markets

Bitcoin Rebounds Above $22K, Equities Struggle After Fed Chair Powell Says Rates Are ‘Likely to Be Higher’

Over 70% of traders now see the possibility of a 50 basis point rate hike at the March FOMC meeting. Bitcoin has dropped 1.6% in the past 24 hours but remained rangebound.

(Getty Images)

Markets

Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko

Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.

(slobo/Getty Images)

Markets

Bitcoin Continues Trading Sideways at $22.4K as Silvergate Concerns Mount

BTC has traded in a narrow range since it dropped sharply last Thursday because Silvergate’s woes have grown increasingly apparent.

Stable Stability Balance (Unsplash)

Markets

Tether's USDT Stablecoin Market Share Rises to Highest Level in 15 Months

USDT’s market share among stablecoins surpassed 54% on Monday, its highest level since November 2021.

(Nikhilesh De/CoinDesk)

Tech

DeFi Exchange PancakeSwap to Deploy Version 3 on BNB Smart Chain in April

The project burned $27 million in its CAKE tokens on Monday.

Pancakes (Mae Mu/Unsplash)

Tech

EOS Blockchain Plans Second Innings Ahead of April’s EVM Launch

The EOS Foundation will grant funds to EOS-based applications, among other steps, as the platform gears for a “new life.”

(Shutterstock)

Markets

Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting

Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin.

Binance Logo (Danny Nelson/CoinDesk)

Markets

Bitcoin Long Liquidations Hit Highest Level Since August

Centralized exchanges liquidated bullish long futures worth over $62 million during the early Asian hours.

Bitcoin's long liquidations (Glassnode)