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Algorand’s largest DeFi protocol Algofi to shut operations

Algorand’s (ALGO) largest decentralized finance protocol, Algofi, will wind down because current events have made its continued operations non-viable, according to a July 10 statement. “A confluence of events has taken place that no longer makes building and maintaining the Algofi platform to the highest standards a viable path for our company. дальше »

2023-7-11 12:24


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Crypto community questions SEC probe into DeFi protocol BarnBridge

DeFi protocol BarnBridge said the U.S. Securities and Exchange Commission (SEC) is investigating its decentralized autonomous organization (DAO) and team member, according to a July 7 tweet. To reduce the protocol’s legal liability, Douglas Park, BarnBridge DAO’s elected legal counsel, advised that the protocol should cease the creation of new pools, and old liquidity pools […] The post Crypto community questions SEC probe into DeFi protocol BarnBridge appeared first on CryptoSlate. дальше »

2023-7-7 19:35


Binance Terminates Support For 8 Multi-Chain Bridged Tokens

World’s biggest cryptocurrency exchange, Binance, has announced it is ceasing support of deposits and withdrawals for an array of Multichain-bridged tokens starting from July 7, 2023.  On May 25, Binance initially suspended the deposit of 10 Multichain-bridged tokens due to days-long delays in transaction time on the Multichain protocol. A few days later, the debacle […] дальше »

2023-7-6 06:00


XRP’s Total Supply Plummets Over The Past 30 Days, Lead Ripple Dev Explains Why

XRP, the native token of the XRPL protocol, has decreased its total supply. Over the past 30 days, roughly 247,016 XRP tokens have been permanently burned, reducing the total circulating supply. This trend was first highlighted by an anonymous Twitter account, sparking a wave of speculation within the XRP community. Neil Hartner, a senior staff […] дальше »

2023-7-6 05:00


Binance suspends support for 8 Multichain-bridged tokens amid cross-chain issues

Crypto exchange Binance will suspend support for eight Multichain-bridged (MULTI) tokens on July 7 till further notice because of the issues with some of the protocol’s cross-chain routes. In a July 5 update, Binance stated that its users would be unable to deposit or withdraw digital assets, including Travala, Alchemy Pay, Harvest Finance, Polkastarter, and […] The post Binance suspends support for 8 Multichain-bridged tokens amid cross-chain issues appeared first on CryptoSlate. дальше »

2023-7-5 15:20