The TEL News Channel delivers all-encompassing coverage of everything TEL . It offers the latest news, detailed analyses, price trends and forecasts, plus the most recent changes in the market. This channel is your one-stop source for comprehensive, up-to-date insight into the world of TEL . Providing traders with the knowledge necessary for informed trading strategy and decision-making, it blends information with analysis, providing a deep understanding of the market environment. The latest two news from TEL :
Platypus Finance creates compensation portal for users following $9.1M exploit ,
Galaxy acquires institutional crypto custody firm for $44M
The DeFi protocol suffered a flash loan exploit resulting in $9.1 million in digital asset losses on Feb. 16.
Galaxy Digital invests $44 million into institutional cryptocurrency custody platform GK8 to onboard its proprietary asset storage and management capabilities.
Aave founder Stani Kulechov believes that DeFi will be around for a long time since it solves one of the first problems that blockchain is solving.
The crypto market has increasingly witnessed great volatility since the month of November following Bitcoin (BTC) breakout: with Bitcoin surpassing it's previous ATH at 64k in May before the crash to create a new ATH at $66,998 just last month. Consequently, the market has struggled since the month of November to maintain a strong support for Bitcoin above 60K. While Bitcoin has been able to maintain this key support level since the month of October and presently November, Altcoins have since then shown significant recovery with some already witnessing 200% increase and more within this short interval.
Bitcoin price extended its downside correction below USD 48,000. Ethereum traded below USD 3,200, XRP declined below the key 1.20 support. AVAX and QNT are up over 8%.