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The firm estimated it had more than 100,000 creditors, between $500 million and $1 billion in assets, and between $500 million and $1 billion in liabilities.

The initial iteration of the Spark Protocol will function as a lending platform, offering supply and borrow functionalities for cryptocurrencies ETH, stETH, DAI and sDAI.

BTC continues to trade in a narrow range, and memecoins steal the limelight from NFTs as views on the macroeconomic outlook diverge.

According to developers, the fundraising goal of the initial DEX offering was reached in less than one minute.

Providing liquidity to a pool could be another source of passive income in crypto. Find out here what liquidity provider tokens are and how they work.

Everledger was quietly placed into insolvency after it didn’t manage to materialize its planned funding round from an undisclosed investor.

A perfect storm is forming for higher volatility. Learn how to profit from BTC price moves on either side.

Ripple’s CEO reveals $200 million spent defending the SEC lawsuit, and laments about U.S. crypto regulation and a politics-first policy, advising entrepreneurs to avoid the United States.

A spike in transaction fees and repeated BTC withdrawal outages at Binance provide a fraught backdrop to a week of Bitcoin volatility triggers.

U.S. sanctions have limited China’s access to the latest chip technology to develop AI, but local companies are not letting this stop them.