Browsing: Crypto Business

Compound Finance, one of the oldest decentralized finance (DeFi) lending protocols, replaced its leadership team and approved a $52 million budget on Monday to attract new capital after the value of assets locked on the platform tumbled to $1.2 billion from a peak of $12 billion in September 2021.

Binance, the world’s largest cryptocurrency exchange by trading volume, provided Russian authorities with information on cryptocurrency donations made to Ukrainian fundraising campaigns, and the data was later used as evidence in a terrorism financing case against a Russian IT specialist, according to Reuters on August 17, citiong law enforcement documents.

Ethereum spot exchange-traded funds (ETFs) have recorded higher relative inflows than their Bitcoin counterparts since June, according to a new analysis from crypto market maker DWF Labs. The firm said that while Bitcoin ETFs still attract larger absolute dollar amounts, Ethereum ETFs are gaining ground when measured against fund size, signaling a potential shift in…

Frank Holmes is CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural re funds include the Global Re, the World Precious Minerals Fund (UNWPX) and the Gold Shares Fund (USERX)

Ripple hasmintedanother 10 million $RLUSD on the $XRP Ledger. Data from XRPScan shows that Ripple’s $RLUSD issuer account minted 10 million tokens in a transaction processed on August 17. The transaction was successfully confirmed on the $XRP Ledger and incurred a fee of just 0.000405 $XRP.