News list for " January"
According to @pete_rizzo_, digital asset lending platform Ledn has removed the cryptocurrency business from all its products and services, keeping only bitcoin.
Digital asset lender Ledn today announced a comprehensive update to its platform, discontinuing any lending of customer assets for the purpose of generating interest. Going forward, Ledn will only offer a custodial bitcoin loan structure, under which customers' bitcoin collateral will be held in full custody with Ledn or one of its trusted funding partners. As part of this strategic shift, Ledn will also discontinue support for ETH, doubling down on bitcoin as its sole digital asset focus.
According to on-chain analyst Spot On Chain, in the past 4 days, four wallet addresses suspected to be controlled by the same entity have withdrawn a total of 241.71 million NEIRO tokens (about $23.82 million) from the Gate.io and Bybit exchanges, accounting for 24.2% of the total supply of the tokens. These wallets are currently ranked first, third, fourth and seventh among non-exchange holders of NEIRO tokens.
The co-founder of Ledn has revealed that the cost of bitcoin mortgages will be significantly reduced globally, in order to enhance the competitiveness of the crypto lending market. This trend may promote more institutions and individuals to adopt BTC mortgage financing, while promoting further integration of DeFi and traditional finance. The specific interest rate adjustment plan and implementation time have not been announced.
In response to the roughly $58 million attack in October, multi-chain lending protocol Radiant Capital released an update on the X platform saying: 1. Recovery of lost funds and collection of rescue funds: relevant work is underway, but no significant progress has been made or actively updated. 2. Remediation Plan: A comprehensive community proposal is about to be submitted to the DAO for a vote again. After a board review and mediation phase, it is expected to flow...
According to TASS, restrictions on other Russian fuel exporters will continue until the end of January next year.
Mr. Summers, the former Treasury secretary, said that while the August non-farm payrolls report was not particularly bad, it did make it harder to predict how much the Federal Reserve might cut interest rates this month. "The data, while not showing very significant weakness, certainly won't give you a sense of relief if you're concerned about recent statistical trends," Mr. Summers said in an interview.
According to Ember monitoring, today is the unlocking time of BLUR January 1. 36.78 million BLUR (5.64 million dollars) were unlocked from the Blur unlocking contract 5 hours ago and transferred to the 0x0A0 multi-signature address. The 0x0A0 multi-signature address also conducted a small deposit test to Coinbase Prime. These BLURs will then enter Coinbase Prime as before. Since BLUR entered the unlock cycle on June 25, 2023, 26.6% (800 million) of the total amount of BLUR has been unlocked and ...
Ethena's USDe stablecoin has seen redemptions close to $100 million since Monday. The violent turmoil in the market may have triggered redemptions by users, putting some pressure on the agreement. In the meantime, USDe has been able to remain pegged to the dollar. However, The Block's Ethena price page shows that its price fluctuated slightly, touching $0.997 at one point before recovering to the $1 mark. USDe currently has a supply of more than 3.10 billion tokens, 50% higher than the 2 billion...
The dollar against the yen USD/JPY plunged 3% in the day, hitting a new low since early January and now trading at 142.17.
