🦎🚀 It's just a picture of a black...rock?

Monday, June 26, 2023

Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox!

On second thought...

The International Monetary Fund (IMF) has shifted its stance on cryptocurrency bans from having outright bans as an option to acknowledging the ineffectiveness of outright bans on cryptocurrencies.

The IMF highlighted that cryptocurrency adoption could bring several benefits, such as offering protection against macroeconomic uncertainty and promoting financial inclusion.

In today's news, justice is served, the Rocks are back, and South Korea's troubles go deeper than Terra.

Read on!

As fears of another crypto exchange collapsing have gotten the community on edge, more crypto users are turning towards decentralized perpetual protocols to satiate their demand for leveraged trading. Throughout the recent bear market, perpetual exchanges have been one of the few bright spots in an otherwise gloomy state of DeFi, providing an avenue for users to trade with leverage in a permissionless way while allowing liquidity providers to earn sustainable fees in an environment starved for yield.

Dive into our State of Decentralized Perpetual Protocols Report as we explore the history and evolution of decentralized perpetuals, how they have performed thus far, and what we can expect from decentralized perpetuals in the near future.

Let's find out here!

24h Hot Searches Worldwide

Polygon (-2.2%)
ApeCoin (+6.0%)
Open Campus (-3.0%)
Pendle (+17.0%)
Arbitrum (+1.5%)
NEAR Protocol (+8.4%)
Pepe (-3.0%)

From unraveling a mysterious death to tracking the origins of Bitcoin, take your pick of which crypto film you want to watch! Let's explore the top 5 here!

Let's find out here!

What Comes Around, Goes Around

A hacker involved in the 2020 Twitter hack and a separate crypto-related SIM-swapping scheme has been sentenced to five years in prison.

The hacker gained access to high-profile Twitter accounts and used them to promote a Bitcoin scam and engaged in SIM-swapping, a tactic used to take over control of victims' phone numbers to steal cryptocurrencies.

CoinDesk

Rubble Coming Through!

The unofficial spinoffs of the highly popular EtherRocks NFTs, the BlackRocks, have generated trading volumes of over $750,000.

These NFTs, inspired by the popular EtherRock collectibles, gained attention due to their unofficial branding of the investment giant BlackRock, which recently filed for a Bitcoin ETF.

The Block

Panic in the Land of the Morning Calm

South Korean crypto lending firm Delio, which claims to have over $9 billion in assets under management, has suspended withdrawals, attributing the decision to its connection with Haru Invest.

Haru Invest, another South Korean crypto lending company, is undergoing a winding-down process due to fraudulent activities involving its consignment operator, B&S Holdings.

Cointelegraph