Published in Krystal DeFi·4 days agoKrystal Newsflash (27th Jan 2023)Welcome to our recap of the major stories in the crypto world! Here’s what has happened over the past week: Visa’s still bullish 🎯 Al Kelly, the outgoing CEO of payments network Visa, has stated that stablecoins and Central Bank Digital Currencies (CBDCs) “have the potential to play a meaningful role in the payments…News4 min readNews4 min read
Published in Krystal DeFi·Jan 20Krystal Newsflash (20th Jan 2023)Welcome to our recap of the major stories in the crypto world! Here’s what has happened over the past week: Shibarium launch soon? 🚀 The much anticipated SHIB Layer 2 scaling solution is set to be launched soon. No concrete date has been given yet, but the developers seem to focus more on…News3 min readNews3 min read
Published in Krystal DeFi·Jan 13Krystal Newsflash (13th Jan 2023)Welcome to our recap of the major stories in the crypto world! Here’s what has happened over the past week: Huobi Korea cuts ties ✂️ The Huobi centralised exchange experienced mass outflows from the exchange, following the rumours that they had conducted mass layoffs and shut down some of their staff communication channels. This…News4 min readNews4 min read
Published in Krystal DeFi·Jan 6Krystal Newsflash (6th Jan 2023)Welcome to our first recap of the major stories for 2023! Here’s what has happened over the past week: SBF pleads NOT guilty 🙅♂️ At the start of the New Year, SBF did not plead guilty to any of the 8 criminal charges he was charged with. This comes after the collapse of FTX…News3 min readNews3 min read
Published in Krystal DeFi·Dec 30, 2022Krystal Newsflash (30th Dec 2022)Welcome to our final recap of the major stories for the year! Here’s what has happened over the past week: China launches NFT marketplace 🇨🇳 After declaring all cryptocurrency activities to be illegal last year, China announced the launch of its very own NFT marketplace on January 1st 2023. However, this marketplace will not…News3 min readNews3 min read
Published in Krystal DeFi·Dec 29, 2022Improved Solana Support Now On Krystal DesktopCalling all Solana fans! We have added new and improved features on our desktop platform to provide you with a comprehensive DeFi experience. Connecting your Solana wallet to Krystal You are now able to connect your Phantom Wallet to our platform.Announcements3 min readAnnouncements3 min read
Published in Krystal DeFi·Dec 23, 2022Krystal Newsflash (23rd Dec 2022)Welcome to our recap of the major stories in the crypto world! Here’s what has happened over the past week: SBF drama continues… 👀 There have been significant advancements in the SBF case, after he signed the extradition papers and was transported back to the US. He is now released on a whopping…News4 min readNews4 min read
Published in Krystal DeFi·Dec 22, 2022Is DeFi Lending REALLY Safe? (Breaking Down Recent Exploits)After draining $116 million worth of funds from Mango Markets, Avraham Eisenberg attempted to perform the same trick on Aave but failed. Furthermore, Lodestar Finance lost $5.8 million from a similar attack by another hacker. This highlights some risks in the decentralised finance (DeFi) lending space, especially for illiquid tokens. …Education5 min readEducation5 min read
Published in Krystal DeFi·Dec 19, 2022Update Regarding Aave v1 and Compound v1 On Krystal EarnFollowing the latest upgrade to Krystal’s Earn feature, we have updated our integrated partner protocols and have removed Aave v1 and Compound v1 from our list of supported protocols. We will soon deprecate the interface for withdrawals via Aave v1 and Compound v1. For users who are currently supplying assets…Announcements2 min readAnnouncements2 min read
Published in Krystal DeFi·Dec 16, 2022Krystal Newsflash (16th Dec 2022)Welcome to our recap of the major stories in the crypto world! Here’s what has happened over the past week: SBF Arrested 🚨 Following the collapse of one of the largest centralised exchanges in the world, FTX’s CEO, Sam Bankman-Fried was reportedly residing in the Bahamas. Before he was scheduled to testify before…News4 min readNews4 min read
