Market specialists studied all the cryptocurrencies of the decentralized finance (DeFi) sector and talked about the most successful projects in profitability over the past week, from July 9 to 15, 2022. They noted that some tokens showed extremely high rates of return. RAMP cryptocurrency became the leader for the reporting period. The native token of the...
Using cryptocurrency mixers in 2022 has doubled compared to last year. This is stated in the report of the analytical company Chainalysis. In April, the 30-day moving average reached an all-time high of $51.8 million. According to experts, the most active users of mixers this year were cybercriminals and those under government sanctions. “Illegal addresses account for...
Tesla's director of artificial intelligence and head of the Autopilot program, Andrey Karpaty, stepped down after a four-month sabbatical. “It has been a great pleasure to help Tesla achieve its goals over the past five years, and it is difficult to make the decision to part ways,” the engineer said. Karpaty did not talk about his plans...
AssetDash, citing a Kraken report, said that in June, the number of active addresses on the Solana (SOL) network was 965,000, which exceeds the number of bitcoin (925,000) and Ethereum (440,000). At the same time, high activity on the Solana (SOL) network seems to have led to more outages. Crypto exchange Upbit has announced that it will...
The digital dollar can strengthen financial stability. Analysts of the Office of Financial Research under the US Treasury Department (OFR) came to this conclusion. Experts considered exaggerated fears about the possibility of a “ranking panic "in the event of a crisis due to the launch of the digital dollar. Earlier, the FRS mentioned such risks as...
According to the large transaction tracker Whale Alert, an unknown industry whale sent $404 million in Tether (USDT) to Huobi Global’s vault. In the last few hours of July 14, 2022, it was noted that there were three large digital funds transfers. All assets were carried out from the same wallet. Market analysts immediately assured that...
The CEO of the Celsius cryptocurrency project, Alex Mashinsky, confirmed that his company has filed for bankruptcy. The entrepreneur noted that after a month of discussions, the Yield Platform has finally decided to file for Chapter 11 bankruptcy. This allows the firm time to stabilize the business and the entire restructuring process. Analysts pointed out...
At the auction on July 13, bitcoin consolidated below the critical $19,000 and continues under severe pressure. Such dynamics are connected with the economic data received from the USA. It became known that the consumer price index reached an absolute maximum of around 9.1%. After the publication of fundamental statistics, the flagship cryptocurrency lost more than...
The cryptocurrency market turned out to be minimally volatile in the last 24 hours from July 12 to July 13, 2022. The capitalization of all assets increased by 0.6%, reaching $919.73 billion, according to Crypto.ru. Among the digital currencies, five at once, adding more than 5% in price over the past 24 hours. The day's leader...
Cardano CEO Charles Hoskinson shared his opinion on the situation around the Chinese banking system. He expressed regret that the world still does not have a single digital monetary ecosystem that does not require backup storage and will be available anywhere in the world. Hoskinson mentioned that cryptocurrencies could become a worthy alternative to classic fiat...
