Bitcoin24h $116,716.26+0.27%

Ethereum24h $3,979.03+4.40%

XRP24h $3.29+7.67%

BNB24h $788.91+2.06%

Solana24h $176.23+3.32%

Dogecoin24h $0.2235+4.86%

TRON24h $0.3389-0.45%

Cardano24h $0.7898+3.78%

Stellar24h $0.4526+9.90%

Hyperliquid24h $40.97+3.77%

J.P. Morgan plan to grow institutional DeFi despite CEO ripping on Bitcoin

One of the world’s largest banks has been quietly working on a multi-trillion dollar project called institutional DeFi, but setbacks remain.

Luna 2.0: It came, they sold, it tanked

Recipients of revamped Luna tanked the token just hours after launch as they scrambled to recoup losses caused by the original’s devastating crash.

HitBTC, Huobi and Binance have all shown support for the revival of Terra’s blockchain as authorities continue to investigate its collapse.

YCombinator startup StableGains held millions of dollars worth of customer funds within Anchor Protocol and lost it all.

In April the UK chancellor announced plans to recognize stablecoins. Terra’s recent collapse will give regulators food for thought.