Bitcoin’s price took a dip below the $ 54,000 mark on Friday, as the cryptocurrency continued its downward trend over the past week. The value slipped by 3.5% compared to the previous day, reaching a low of $ 53,810, a level not seen since early August. Bitcoin Reaches a 30-Day Low Over the …
Chaos Labs has raised $ 55 million in a Series A funding round, led by Haun Ventures, to advance its onchain risk management platform for decentralized finance (defi). The company plans to use the funds to further enhance its technology, which automates real-time protocol parameter recommendations to improve the security and efficiency of defi …
Kim Byoung-hwan, the nominee for head of South Korea’s top financial regulator, the Financial Services Commission (FSC), expressed caution about corporations holding bank accounts for cryptocurrency transactions. Speaking at a parliamentary session on Monday, Kim, a former vice finance minister, emphasized: “Taking into consideration the chaos we have experienced in the virtual asset market in […]
PRESS RELEASE. The Age of Mars team announces a significant milestone in their 2024 roadmap—the commencement of the closed testing phase for their flagship play-to-earn game, Red Chaos. As of the end of January, players will have the opportunity to delve into the immersive gaming experience as the initial testing servers are set to launch. […]
The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry. FDIC: Cryptos and Climate Top Risk List for Banks in 2023 Cryptocurrencies present “novel and complex risks” that are difficult to assess amid recent volatility, according to the report. Growth in crypto …