News

DeFi lender ZeroLend shuts down, blames illiquid chains

DeFi lender ZeroLend has announced its shutdown, citing challenges posed by illiquid blockchain networks as the primary reason for its decision. The platform struggled to maintain sufficient liquidity, which ultimately hindered its operations. ZeroLend's closure reflects broader issues within the decentralized finance sector, particularly regarding the sustainability of projects reliant on less popular chains. The company emphasized the need for more robust liquidity solutions in the DeFi space to prevent similar outcomes in the future.

Read the full article: Coin Telegraph

Florida Gov. Ron DeSantis Eyes State Stablecoin Framework Following Senate Passage

Florida Governor Ron DeSantis is advocating for a state stablecoin framework following the recent passage of a bill by the Florida Senate. The proposed legislation aims to establish regulations for stablecoins, which are digital currencies pegged to traditional assets like the U.S. dollar. DeSantis believes that a clear framework

Kalshi Sued Over Refusing to Pay Out Prediction Market After Iran Leader's Death

Kalshi, a prediction market platform, is facing a lawsuit for allegedly refusing to pay out winnings related to a market predicting the death of Iran's Supreme Leader, Ayatollah Ali Khamenei. The lawsuit claims that Kalshi's decision to not honor the payouts is a breach of contract,

Inside the Growing ‘Digisexual’ Subculture of People in Relationships With AI

The article explores the emerging subculture of "digisexuals," individuals who form romantic and sexual relationships with artificial intelligence. As AI technology advances, more people are finding emotional connections with virtual partners, leading to a shift in traditional relationship dynamics. This phenomenon raises questions about intimacy, identity, and the

Bitcoin could crash by another 30% as four-year cycle gains strength, investment firm says

An investment firm has warned that Bitcoin could potentially decline by another 30% as it enters a critical phase of its four-year market cycle. The firm cites historical trends indicating that Bitcoin often experiences significant price corrections following its halving events. Analysts suggest that the current market conditions, including rising

Read more

Florida Gov. Ron DeSantis Eyes State Stablecoin Framework Following Senate Passage

Kalshi Sued Over Refusing to Pay Out Prediction Market After Iran Leader's Death

Inside the Growing ‘Digisexual’ Subculture of People in Relationships With AI

Bitcoin could crash by another 30% as four-year cycle gains strength, investment firm says