In a recent ruling in China’s Jiangsu province, Mr. Xu, a lender, found himself at a disadvantage when the court declared that his 341 Bitcoin loan to Mr. Lin was not protected by law. The loan was made through a peer-to-peer agreement using Bitcoin, as Mr. Xu lacked fiat funds at the time. However, when
Ethereum
In the ever-evolving world of decentralized finance (DeFi), uncertainties often arise, leaving protocols to navigate uncharted waters. Amidst this climate of uncertainty, Aave Chan founder Marc Zeller has put forth a controversial proposal for the Aave Treasury to purchase $2 million worth of Curve DAO Tokens (CRV) from Curve Founder Michael Egorov. This move has
The cryptocurrency market is known for its volatile nature, and once again, investors have been hit hard by the sudden crash of a memecoin called BALD. This new coin, launched on Coinbase’s Base network, garnered a lot of attention with its astronomical rise in value. However, it all came crashing down when the developer allegedly
