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A Yearn contributor said the value lost came from “strictly protocol owned liquidity” in the protocol’s treasury and that customer funds weren’t impacted.
Bitcoin proves its value as an inflation hedge and store of value by hitting repeat all-time highs in multiple currencies.
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The commission had until Dec. 23 to decide or punt on approval or disapproval for the spot crypto investment vehicle.
NFT platform Enjin migrated 200 million NFTs from Ethereum and a sidechain to its blockchain network.
The new project may eventually allow users to restore their accounts using a simple fingerprint or facial scan, developers stated.
The U.S. FASB has decided that crypto assets will be represented at their fair value in accounting beginning late next year.