DeFi Lender MarginFi Fuels Growth With Loyalty Points, Spurring Talk of ‘Solana Renaissance’
MarginFi has doubled its user base in two weeks after unveiling a loyalty points program that some believe will lead to a token airdrop.Source
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Entries by GRYZUoDLu7t8z22
Bitcoin Tumbles Below $30K, Crypto Prices Buckle After Altcoin Frenzy on XRP Ruling
Ripple’s XRP was down 25% from its highest levels on Thursday.Source
What Ripple’s Partial XRP Win Means for Other Crypto Firms Fighting SEC
Coinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said.Source
Ripple’s XRP Ruling a ‘Milestone Win’ for Crypto Industry, Says J.P. Morgan
A summary judgment partially in favor of payments network Ripple represents a milestone win for the crypto industry and provides legal clarity as to what does and doesn’t represent a security, J.P. Morgan wrote in a research note Friday.Source
XRP Trading Volume Surges 1,351% as Major Crypto Exchanges Embrace the Token
The spike in trading activity came after a partial win in a lawsuit against the SEC.Source
Crypto Distress Prompts Fir Tree, a Hedge Fund, to Seek Profit From Turmoil
“Fir Tree is at its best when we identify opportunities that are mispriced, dislocated or complex. Rarely do we encounter situations that are all three, but that is precisely what we are seeing in digital assets right now,” Fir Tree said.Source
Hollywood’s Angry Creators Show Why Web3 Is Needed
Web2 economics don’t work for artists and writers, says CoinDesk’s Michael Casey.Source
Binance Cut 1,000 Workers in Recent Weeks: WSJ
Binance has laid off over 1,000 workers globally in recent weeks, the Wall Street Journal reported.Source