Daily Bits
Crypto lending platform Maple Finance has raised $5 million in a funding round led by Tioga Capital and Blocktower Capital. Read more here.
Transit Swap confirmed that the hacker had returned 70% of the $21 million stolen funds one day after the exploit. Read more here.
While fiat-backed stablecoins continue to dominate the market, decentralized stablecoin supply has recently surpassed $10 billion.
Tether has forayed into the Latin American market with the launch of MXNT. Read more here.
The Bitcoin market witnessed a historical sell-off as the price of BTC nosedived below $30k, triggering an unusual magnitude of losses realized by short-term holders.
Ferrari will begin accepting cryptocurrency payments in the U.S. and plans to extend this to Europe. Read more here.
The price of the dog-themed token Floki (FLOKI) increased over 100% after a community vote approved a proposal to burn 2% of its supply. Nearly 90% of votes supported the burn, with a top voter contributing significantly.
The price of BTC once again flirted with its previous all-time high.
The OECD submitted a new global crypto tax transparency framework, which will be presented to G20 leaders for discussion at the meeting tomorrow. Read more here.
The HubSpot data breach has compromised many prominent crypto firms. Read on here.