Author: CryptooTimes

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto can’t stay the same forever. However, the push to expand blockchain-based finance into new, useful, or wealth-driving territories has proven to be more difficult than expected. That said, crypto derivatives have gained traction as more experienced traders seek more sophisticated trade categories. Derivatives, of course, are a mainstay in traditional financial markets, so much so that they’re often part of compensation packages for employees joining burgeoning startups or already-public companies. But crypto derivatives don’t precisely mirror…

Read More

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…

Read More

Crypto investors suffered the biggest liquidation in over a week as Bitcoin and most altcoins continued their downtrend.  Bitcoin and altcoins liquidations rise Data compiled by CoinGlass shows that total liquidations on Friday, Sep. 6, jumped to over $221 million, up from $72 million a day earlier. It was the biggest jump since Aug. 27 when liquidations soared to $281 million.  Bitcoin (BTC), the biggest cryptocurrency, led the liquidations with over $114 million; Ethereum (ETH), $72 million worth and Solana (SOL), $14 million. Bitcoin and other cryptocurrencies dropped as investors dumped risky assets and moved to safe havens. The tech-heavy…

Read More

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…

Read More

Solana, JasmyCoin, and other altcoins continued their strong sell-off this week as the crypto fear and greed index fell. Solana and Jasmy are in a bear market JasmyCoin (JASMY) dropped to a low of $0.01717, down by over 58% from its highest level this year, bringing its market cap to $908 million.  Solana (SOL), the fifth biggest cryptocurrency, retreated to the support of $120, much lower than the year-to-date high of $209.  This sell-off has mirrored the performance of Bitcoin, which has dropped from over $73,800 in March to $54,000. Solana’s sell-off has happened as its ecosystem goes through some…

Read More

In their memo, prosecutors called Salame’s assertions “inaccurate, incomplete, and outright false” and denied that they breached their plea agreement with Salame, noting that there was “nothing in Salame’s plea agreement that suggested that the U.S. Attorney’s Office for the Southern District of New York would not criminally prosecute any of Salame’s criminal co-conspirators in consideration of his guilty plea.”

Read More

The latest Trump family business venture — originally pitched as a DeFi platform dubbed “The Defiant Ones,” but has since been rebranded as World Liberty Financial — is fraught with controversy just days after it was unveiled. While Trump’s eldest sons, Eric Trump and Donald Trump Jr., are “ambassadors” of World Liberty Financial, CoinDesk reports that the once “Defiant” company is also linked to individuals involved in liquidity protocol Dough Finance. Recall how Dough Finance lost $1.8 million in Ethereum (ETH) and USD Coin (USDC) to a flash-loan attack on July 12. Zachary Folkman and Chase Herro – the duo…

Read More