On April 11, users of Pac Finance’s decentralized finance (DeFi) app reportedly experienced $24 million in liquidations due to a sudden modification of parameters made by a developer wallet, as per various social media postsings and the official Discord channel. The Discord moderator stated that the team has been informed about the issue. Nevertheless, no … Read more
The Reserve Bank of Australia (RBA) considered the perceived worth of a retail central bank digital currency (CBDC) among the general public. They investigated how much people would be prepared to pay for accessing CBDC through a digital wallet, as well as the potential privacy advantages that using a CBDC could provide. The Reserve Bank … Read more
Starting from March 25, Bitcoin (BTC) has found it challenging to stay above the $71,000 price point. This persistent inability to hold value could be interpreted as a bearish signal for some observers. However, an analysis of Bitcoin’s derivatives market suggests a more stable situation. The intense optimism that previously dominated this market has noticeably … Read more
The High Court in Podgorica, Montenegro, is said to have made a ruling, sending the issue of extraditing Terraform Labs co-founder Do Kwon to either the US or South Korea, to Montenegro’s justice minister for consideration. Based on a report from Vijesti, published on April 10, Justice Minister Andrej Milović holds the power to determine … Read more
Ether (ETH) started gaining value at the beginning of the year but its growth slowed down around mid-March. In comparison to Bitcoin (BTC), Ether has increased by approximately 48%, while Bitcoin has risen by around 57% in their USD pairs since the beginning of the year. In recent times, Ethereum (ETH) has lagged behind Bitcoin … Read more
DOT’s price dropped by 20% in the last 30 days. A few technical indicators looked bullish on the token. For the past few days, Polkadot [DOT] tokens have seen their price influenced by active bearish forces. Yet, this short-term trend may only represent the beginning of a more significant movement in the market. If the … Read more