2023-1-15 23:00 |
“During 2022, Bitfarms began taking proactive actions to increase financial flexibility and to reduce indebtedness and capital expenditure obligations,” according to CFO Jeff Lucas. origin »
|
The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May.
Coinbase’s new institutional lending service has the same operating entity as Coinbase Borrow, which halted the issuance of new loans in May.
Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit.
A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of a contagion-level event remains.
The cash infusion reportedly followed Gemini attempting to get funding from outside investors without success.
While going through the unfamiliar process of wrapping NFTs, Riley accidentally sent the asset to a burn address, permanently deleting the NFT from circulation.
OVERVIEW It is no news that investing in cryptocurrencies can turn out to be a very profitable endeavor. If you ignore the noise and extreme crypto market reactions that cause drastic portfolio changes, diamond hands and simply holding crypto pays out eventually.