Bancor pauses impairment loss protection citing ‘hostile’ market conditions

Bancor pauses impairment loss protection citing ‘hostile’ market conditions

Bancor, a decentralized finance protocol often credited as the pioneer of the DeFi space, paused its impairment loss protection (ILP) function on Sunday, citing “hostile” market conditions. In a blog post on Monday, the DeFi protocol noted that the ILP pause is a temporary measure to protect the protocol and the…

Fears of Gridlock in France After Macron Is Left With Fragmented Parliament
|

Fears of Gridlock in France After Macron Is Left With Fragmented Parliament

PARIS — France was left wondering on Monday whether President Emmanuel Macron would be able to govern effectively after losing his absolute majority in the lower house of Parliament, as surging opposition groups threatened to block his legislative agenda and even to bring down his cabinet, fueling fears of political…

WhatsApp for iPhone May Get Ability to React to Messages With Any Emoji in the Future

WhatsApp for iPhone May Get Ability to React to Messages With Any Emoji in the Future

WhatsApp for iPhone has been spotted working on updating message reactions on the platform by expanding the list of emojis available to react to messages. At present, WhatsApp supports a total of six emojis for reactions. The app is, however, now found to get an option to let users use…

Synthetix racks up over $1M in daily fees as SNX token value surges 100%

Synthetix racks up over $1M in daily fees as SNX token value surges 100%

Layer-2 scaling solution Synthetix recently collaborated with liquidity provider Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC, & sUSD/3CRV, allowing investors to cheaply convert synths such as sETH to Ether (ETH). Given the investors’ willingness to hold tokens instead of synths, the protocol racked up over $1.02 million in…

the Rich Prevail Over the Poor — Global Issues

the Rich Prevail Over the Poor — Global Issues

by Thalif Deen (united nations) Monday, June 20, 2022 Inter Press Service UNITED NATIONS, Jun 20 (IPS) – The 164-member World Trade Organization (WTO) has implicitly rubber-stamped a widely-condemned policy of “vaccine apartheid” which has discriminated the world’s poorer nations, mostly in Africa and Asia, depriving them of any wide-ranging intellectual…

Bitcoin Recovers to $20,000 After Hitting New 18-Month Low While Altcoins Cope With Big Weekend Swings

Bitcoin Recovers to $20,000 After Hitting New 18-Month Low While Altcoins Cope With Big Weekend Swings

Bitcoin tumbled to its weakest level in 18 months on Saturday before mounting somewhat of a recovery through Sunday although experts believe that another slide soon could be in the offing, extending a slide on investor worries about growing troubles in the industry and the general pull-back from riskier assets….

Marathon Digital keeps on mining despite BTC price slump

Marathon Digital keeps on mining despite BTC price slump

Despite data showing that the Bitcoin (BTC) price may have fallen to the point of being unprofitable for the average miner, Marathon Digital Holdings says it will continue working to accumulate the leading crypto asset.  Charlie Schumacher, VP of Corporate Communications at Marathon Digital told Cointelegraph on June 15 that…