Finance

Redlight Finance, a technology company that provides a full crypto technology platform, is introducing Redlight Chain, a Layer 1 EVM compatible blockchain with new functionalities. Redlight Chain is centered on solving the blockchain trilemma of scalability, decentralization, and security by optimizing the gasless blockchain. $REDLC is the governance coin for the Redlight blockchain, which is …

Redlight Finance Launches New Blockchain Gasless Solutions through $REDLC  Read More »

Decentralized finance (DeFi) is a new type of digital currency that operates on the same principle as cryptocurrencies but without a central bank or trusted third party. Banks and other monetary establishments will no longer have monopolies on the provision of financial services and products thanks to this system. By facilitating monetary transactions between consumers, …

MAXUSDT(TRX)-Provides a Risk-Free Income, the Most Trusted Financial Service 2022 Read More »

Despite the latest correction in the crypto market, the total number of Bitcoin whales has increased substantially in the last few months. On 18 August, the number of BTC addresses with at least 10 coins touched 149,961, which is the highest level since February 2021. In addition to the latest surge in large BTC addresses, …

149,961 Bitcoin Addresses Hold at Least 10 BTC Read More »

The total value locked (TVL) in decentralized finance (defi) has slid 8.53% over the last five days since August 14, 2022. At the time, the TVL was $67.87 billion but today, the value locked in defi is approximately $62.08 billion. Moreover, the top smart contract platform tokens by market valuation today are worth $372 billion, …

Value Locked in Defi Loses $5.7 Billion in 5 Days, Smart Contract Tokens Shed 7.8% in 24 Hours Read More »

FDIC sent the cease and desist letter to five companies, including FTX US and mentioned alleged misleading tweets from FTX US president Brett Harrison. The agency wants the crypto company to ensure any misleading details are removed and compliance confirmed in writing within fifteen days. The Federal Deposit Insurance Corporation (FDIC), a US government agency …

FDIC issues cease and desist letter to FTX US over misleading statements Read More »

Gemini Staking adds to the yield-generating offering Gemini Earn launched in February 2021. Staking will be available for US customers (excluding New York) as well as Singapore and Hong Kong. The product will support MATIC before adding ETH, SOL, DOT and AUDIO. The Gemini crypto exchange has launched its staking feature and will support multiple …

Gemini launches staking for Polygon (MATIC) Read More »

Cosmos (ATOM) trades around $10.86, nearly 10% down in the past 24 hours. ATOMUSD was rejected around $12.25 and could dip to support below $10.00. Crypto analyst Michael van de Poppe says a breakdown to $8.00 is possible, although holding above current prices could trigger fresh gains towards $18-$20 over next one month. Cosmos (ATOM) …

Cosmos price outlook: here’s what top analyst says about ATOM Read More »

Algorand is expected to get a lot of publicity from this year’s World Cup The native token ALGO failed to break above key resistance at $0.36 ALGO is heading back to a bottom price as TVL drops Algorand ALGO/USD will be the official blockchain sponsor of this year’s FIFA World Cup. The partnership will be …

Algorand risks fresh new bottom as weakness persists after a failed breakout Read More »

Meme tokens surged at the start of the week due to risk-on sentiment Dogecoin cleared a resistance at $0.072 but is now crashing below Projected Fed action and profit-taking could be behind the latest decline Meme coins started the week on a high note as risk-on sentiment gripped markets. That saw Dogecoin DOGE/USD touch $0.0913 …

Dogecoin rally comes to a halt as price slides back to below key support Read More »

Your Bourse, a London-based technology provider to forex and contract for difference (CFD) brokers, recently appointed new heads of department to spearhead various units in its organization. These are Valter Timanov as Head of Operations, Maria Porandaikina as Head of Customer Success, and Sergey Rudenko as Head of Engineering. Your Bourse disclosed this in a …

Your Bourse Appoints Heads for Operations, Customer Success, and Engineering Teams Read More »