Coinbase posts $1.1B loss in Q2 on ‘fast and furious’ crypto downturn
It’s the largest quarterly net loss for the crypto company since listing on the Nasdaq Stock Exchange in April 2021.
It’s the largest quarterly net loss for the crypto company since listing on the Nasdaq Stock Exchange in April 2021.
We believe that a smooth transition is essential for the long-term health of the DeFi ecosystem and its platforms, including those using our tokens,” Tether stated.
Nuri stated that it has been facing a “lasting strain” on its business liquidity in 2022 due to “significant macroeconomic headwinds and the cooling down of public and private capital markets.”
“USDC as an Ethereum asset can only exist as a single valid version,” says the team at Circle.
A still undefined exploit of the site’s frontend appears to have resulted in the theft of over $573K USD so far.
Mobile game developer Com2uS is stepping up its Web3 game with the launch of its own blockchain to emphasize the needs of next-generation gamers.
Decentralized finance TVL is down by 66%, but growth in DEX aggregators, active addresses and steady fund raises show “DeFi winter” is not upon us.
It appears to be an ongoing prank to challenge the novel Tornado Cash sanctions.
So far, Cosmos’ IBC seems to have stayed clear of troubled waters.
Traders tuck their tails as this week’s CPI print approaches and BTC and ETH price fall back into range to test underlying support.