The reserves of Terra-based lending and borrowing protocol Anchor, which offers a supposedly industry-beating benchmark deposit rate of around 20%, are sliding fast as a result of the crypto market crash.Data provided by Terra.Engineer show reserves have slumped by half to 35 million UST, the native Terra U.S....
There’s a growing belief the crypto market (in more recent years) follows a pattern of rising and falling in price every four years. Whether this is the result of a self-fulfilling prophecy or not is difficult to say, however, many tie this theory to the timing of Bitcoin...
Prices of tokens created by Daniele Sestagalli, one of the developers of Avalanche-based money market Wonderland, fell as much as 22% in the past 24 hours amid drama around Wonderland’s cofounders.In the past 24 hours, Popsicle Finance’s ICE fell 22%, Wonderland’s TIME fell 15%, and Abracadabra’s SPELL dropped...
The recent pullback in the cryptocurrency market shows that mainstream adoption can be a “double-edged sword,” Goldman Sachs said in a report Thursday.Since November, the bank notes, the total crypto market cap has fallen around 40%. The slide is unique in that it was driven mainly by macroeconomic...
The majority of top 10 cryptos showed gains over the past 24 hours. The US economy smashed expectations in the fourth quarter of 2021 despite a surge in Omicron coronavirus cases. The Commerce Department reported yesterday that growth increased at an annualized rate of 6.9% in the three months...
The plan was drafted by a working group comprising several government agencies, including the Ministry of Finance, Ministry of Economic Development, General Prosecutor's Office, Rosfinmonitoring – the federal body responsible for combating money laundering and terrorist financing, Federal Tax Service, Ministry of Digital Development, Bank of Russia, Federal...
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Tectonic is a decentralized money market protocol that allows users to participate as liquidity suppliers or borrowers. It started rallying after a Crypto.com listing at the beginning of this month. It is also a big gainer today, having added 29% to its value in 24 h. Look no...
Frax Share (FXS) is the native token of Frax Protocol, the first fractional-algorithmic stablecoin system in history. It is performing splendidly, up 24% today alone. If you want to know more details about Frax Share, if it’s worth investing in, and the top places to buy it now,...
The live MXC price today is $0.09 with a 24-hour trading volume of $34,789,429 USD. We update our MXC to USD price in real-time. MXC is up 25.65% in the last 24 hours. If you are attracted to unique features and want to learn how and where...