On Sunday, Hayden Adams, CEO and founder of popular decentralized exchange, or DEX, Uniswap (UNI), claimed that his JP Morgan Chase bank accounts were shut down with no explanation. In addition, Adams stated that the incident was personal in nature as he knew "many individuals and companies who have been similarly targeted simply for working in the crypto industry." This week … [Read more...] about Uniswap founder’s bank account shut down by JP Morgan Chase, shadow-debanking allegations surface
Chase
Elrond Leapfrogs Into DeFi’s Top 10 as Users Chase Ridiculously Large Incentive Program
Mincu said that Elrond currently has functioning cross-chain bridges to Ethereum, Binance Smart Chain, Polygon, Avalanche, Fantom and Tron, and that more DeFi verticals will be coming to Elrond in the coming months, including lending and synthetic assets. Source link … [Read more...] about Elrond Leapfrogs Into DeFi’s Top 10 as Users Chase Ridiculously Large Incentive Program
DeFi tokens see double-digit gains as Ethereum and Bitcoin chase new highs
Momentum in the cryptocurrency market is back on the rise on Nov. 8 after a solid rally from Bitcoin (BTC) placed its price back above $66,000 and Ether (ETH) hit a new all-time high at $4,793. The gains from the largest two cryptocurrencies helped to kick-start a market-wide rally that lifted the total cryptocurrency market cap above $3 trillion for the first time. Unlike … [Read more...] about DeFi tokens see double-digit gains as Ethereum and Bitcoin chase new highs
Ethereum bulls chase $2,200 ahead of Friday’s $230M ETH options expiry
Ether's (ETH) $1.5 billion monthly expiry on June 25 was slightly favorable for bears, and at the time, Cointelegraph reported that the $2,200 price was critical to eliminate 73% of the neutral-to-bearish put options. However, bulls were not able to sustain their advantage because the expiry price was near $1,950. In the end, the protective put options outnumbered the … [Read more...] about Ethereum bulls chase $2,200 ahead of Friday’s $230M ETH options expiry