News
The trader sold 62 CryptoPunk NFTs in 2021, earning approximately $7.4 million in profit, followed by the sale of 35 more in 2022 for an additional $4.9 million.
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Latest News on DeFi
Decentralized finance, also known as DeFi, is a sector within the overall cryptocurrency and blockchain industry focused on providing a decentralized version of mainstream financial opportunities. In the mainstream world, financial institutions offer customers access to opportunities such as cash storage and loans. However, these offerings are governed by centralized entities.
With the help of distributed ledger technology, or DLT, DeFi solutions offer a number of the same opportunities, but they are controlled by a large number of participants who abide by rules enforced by smart contracts. DeFi solutions also often give greater flexibility in terms of users’ ability to store and control their own assets. Additionally, decentralized exchanges, or DEXs, further decentralize digital asset trading, in contrast to trading on centralized digital asset platforms.
- How to
Combine the reasoning power of GPTs with trading automation. Build an AI crypto bot that understands market trends and acts on your strategy.
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A CryptoPunk NFT investor sold at a $10 million loss as top NFT collections struggle to recover from their 2021 highs amid falling trading volumes.
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President Donald Trump has overturned the IRS’s DeFi broker rule, a measure that had threatened to curb DeFi innovation.
7552 - Opinion
DeFi’s speculative nature is its unique strength, which lies in democratizing financial opportunities, and its value lies in leveling the playing field.
1004 - News
The bill seeks to legalize cryptocurrency payments using Bitcoin, Ethereum, Litecoin and Bitcoin Cash, but may mandate an an additional state “service fee” for these transactions.
13530 - Investigation
A $4.5-million HEX hack shook its staking ecosystem and exposed a web of phishing, laundering and wallet-draining operations.
2168 - How to
Bear raids are manipulative tactics at the hands of whales in crypto trading. Whales use them to trigger panic among retail investors and profit from price drops.
2374 - News
A white hat MEV operator front-ran a malicious transaction involving $2.6 million in crypto assets from the Morpho Blue protocol.
4710 - Spotlight
By building progression and participation directly into trading mechanics, this platform offers an exchange experience designed for long-term engagement.
16590 - News
The bill aims to set regulatory standards for crypto firms operating in the state and curb "deceptive practices" associated with recent memecoin scams.
3558 - News
Ohio Representative Mike Carey said the resolution to kill the IRS rule also marks the first time a crypto bill has ever been signed into law.
6682 - News
Trump’s tariff escalations will “test the resilience of every asset class,” which may lead to a renewed appetite for safe-haven assets.
2759 - News
Cosmos has launched Eureka, an upgrade to its inter-blockchain protocol (IBC) that enables native interoperability with Ethereum, allowing developers to build multichain apps.
3375 - How to
Tired of generic portfolio apps? Discover step-by-step how to use ChatGPT to create a personalized crypto tracker tailored to your needs.
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