What is Impermanent Loss?
Impermanent Loss (IL) refers to temporary losses incurred while holding a position on a decentralized exchange using the automatic market maker mechanism (AMM). Is it really effective? Is it really safe? Let’s take a look together!
Markets: Bitcoin, Ether Fall as 2-year Bond Nears 15-year High
Bitcoin and Ether fell in Wednesday morning trading in Asia along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Polygon saw the biggest drop, while BNB dropped the least. A series of economic data in the U.S. released on Tuesday, including earnings reports from retail giants and the rising rate of some Treasury bills, weighed down on equity markets. The total crypto market capitalization dropped 1.8% to US$1.11 trillion at 8 a.m. in Hong Kong. The total trading volume over the past 24 hours was up by 3.3% to US$66.70 billion. (forkast)
VC Investors Are Moving On From Crypto, Says Kevin O’Leary
Venture capital money is fleeing crypto as regulators tighten their noose around the industry in a post-FTX crackdown, according to Shark Tank star Kevin O’Leary.
British Citizen Who Helped North Korea Evade US Sanctions via Crypto Arrested in Moscow
British national Christopher Douglas Emms — wanted by the FBI for allegedly helping the North Korean government evade U.S. sanctions via crypto — was arrested in Moscow by the Russian bureau of Interpol on Feb. 21, according to local media reports.
Most Median Retail Crypto Investors Lost Money From 2015 to 2022, According to BIS Analysis
The BIS report warns that cryptocurrencies are not a reliable store of value and are subject to significant market fluctuations due to high levels of uncertainty and speculation.
Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis
According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics from exchanges, and cryptocurrency application download statistics gathered by BIS researchers suggest that most median retail crypto investors lost money from August 2015 to the end of 2022.
Binance Official Sounds the Alarm: Stricter U.S. Regulations Can Trigger Crypto Washout
The greatest threat that regulation poses to cryptocurrencies is not the collapse of another cryptocurrency exchange or the theft of many millions of dollars. At the very least, that is what Patrick Hillmann, the chief strategy officer at the largest crypto exchange in the world, Binance, said on Tuesday. Hillmann stated that U.S. cryptocurrency laws are becoming increasingly stringent and shortsighted, which might cause some serious crypto market turbulence or possibly suffocate the growing industry if it persists.
Mastercard Payments Only? That’s No Longer a Problem for Crypto Natives in Australia and New Zealand
Crypto can now be accepted for online purchases wherever Mastercard is accepted — at least for users in Australia and New Zealand. Web3 tech innovator Immersve has partnered with Mastercard to enable consumers in the two countries to spend crypto using the Mastercard network.
Crypto-Friendly Bank Silvergate Is Most Shorted Stock
Crypto-friendly Silvergate Bank has clinched the title of most shorted stock on Wall Street—a strong indication that traders think the beleaguered bank’s stock price will continue to go down.
Cryptocurrency Software Development Company — How it Works?
Cryptocurrencies have taken the world by storm, with more and more people turning towards digital currencies. This has led to a rise in demand for cryptocurrency software development company.
