CYRPTO TIMES

NYAG reaches $200m settlement with Novogratz’s crypto bank Galaxy Digital over LUNA sales

Michael Novogratz’s Galaxy Digital will pay $200 million over allegations it promoted LUNA while selling millions of tokens at a profit before the token’s collapse. Galaxy Digital, a crypto investment firm founded by Michael Novogratz, has agreed to a $200 million settlement with the New York Attorney General’s office over allegations it promoted the algorithmic…

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Cross-chain interoperability is the key to scaling DeFAI

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Decentralized finance powered by artificial intelligence, or DeFAI for short, is on the verge of transforming onchain trading and asset management. AI-driven autonomous agents will execute trades, optimize yields, and move liquidity…

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Bitcoin dominance hits new cycle high as post-election altcoin rally fizzles out: Matrixport

Bitcoin dominance hit a new cycle high despite price correction as investors shift from altcoins, driven by stronger-than-expected U.S. job growth and the Federal Reserve’s hawkish stance. According to Matrixport, Bitcoin (BTC) dominance has surged to a new cycle high, surpassing 61%. Matrixport attributed this to two factors: a stronger-than-expected U.S. jobs report as well…

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would a U.S. recession fuel gains?

Wall Street analysts have raised their recession predictions, a move that may affect Bitcoin and other popular altcoins like Shiba Inu, Dogecoin, Ripple, and Cardano.  PIMCO analysts have boosted their recession odds to 35%, while JPMorgan economists see a 40% chance. Goldman Sachs has raised these odds to 20%. Mark Zandi, the popular economist at…

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DeFi gets new transparency boost as Credora rates Morpho lending vaults

Credora Network announces the launch of a consensus-based risk ratings on Morpho, one of the fastest-growing DeFi lending platforms. Credora Network’s announcment represents the first time a decentralized protocol has received third-party risk assessments from a collaborative network of industry experts, the company said in a press release obtained by crypto.news. Credora’s integration with Morpho…

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