Tag: gmx

GMX's $42M Vote: GLV Tokens vs. Stablecoins - Which Wins?

GMX's $42M Vote: GLV Tokens vs. Stablecoins - Which Wins?

The GMX community recently faced a significant decision: how to reimburse liquidity providers (LPs) after a protocol incident. The vote, centered around a $42 million reimbursement, pitted two options against each other: GLV tokens and stablecoins. With so much at stake, Emily Tran sat down to weigh the advantages and...

GMX Community to Decide on $42M Reimbursement Plan by July 28

GMX Community to Decide on $42M Reimbursement Plan by July 28

The GMX community is about to wrap up a very important vote July 28 on whether to approve a $42 million reimbursement plan. This plan addresses losses incurred by users and presents two distinct pathways for compensation: GLV tokens or stablecoins. The proposal includes a $2 million donation to the...

GMX's $42M Vote A Chance To Reimagine DeFi's Community?

GMX's $42M Vote A Chance To Reimagine DeFi's Community?

Just the other day I interviewed Sarah, a single mom. She poured her life savings into GMX, wanting to develop a safety net for her two children. The exploit hit her hard. She ultimately lost the bulk of her investment, cash she severely needed. It's easy to get lost in...

GMX's $42M Vote A Litmus Test For DeFi's True Decentralization?

GMX's $42M Vote A Litmus Test For DeFi's True Decentralization?

Imagine ancient Athens, the birthplace of democracy. It was directly democratic — citizens gathered, debated and voted on every issue of state. Sounds idyllic, right? Except, Athenian democracy excluded slaves, women and non-Athenians – a rather big slice of the population. Now, fast forward to present day…and GMX’s $42 million...

DeSoc: The Social Media Altcoin Set to Outshine DOGE & SOL?

DeSoc: The Social Media Altcoin Set to Outshine DOGE & SOL?

In the fast-paced, ever-evolving world of cryptocurrency, new projects are launching every day, all of which are competing for attention and investment. Among the flashiest new trilians is DeSoc, an altcoin bent on remaking social media with a decentralized blockchain. Meme coins such as Dogecoin (DOGE) and blue-chip ecosystems like...

DeSoc's Blockchain Solution: The Calm Before Crypto's Next Big Boom?

DeSoc's Blockchain Solution: The Calm Before Crypto's Next Big Boom?

Are we truly on the verge of something significant in the crypto space, or one more advancement past the hype cycle? Just look at Solana (SOL) and Dogecoin (DOGE), which have blown up in recent weeks, thanks in large part to meme coin mania. But meme coins are fleeting. They’re...

XRP for the People! BankSocial Empowers Credit Unions, Democratizes Finance

XRP for the People! BankSocial Empowers Credit Unions, Democratizes Finance

Imagine a world where financial freedom isn't just for the elite, where access to innovative technologies isn't gatekept by Wall Street giants. That world is becoming a reality one step at a time with projects such as BankSocial’s integration of XRP. Take a pass on the old, worn-out central vs...

XRP Goes Mainstream: Credit Unions Now Offering XRP Access!

XRP Goes Mainstream: Credit Unions Now Offering XRP Access!

Ripple’s XRP has been making headlines as a strong contender in the financial sector, especially with cross-border payment solutions. Why are banks deploying such systems in less than three weeks? This lightning speed of execution speaks to the effectiveness and power of XRP. Credit union consumers can now purchase and...

XRP's BankSocial Integration: A Trojan Horse or a Financial Revolution?

XRP's BankSocial Integration: A Trojan Horse or a Financial Revolution?

I've been watching the BankSocial/XRP integration with a wary eye, and frankly, I'm not entirely convinced it's the dawn of a new financial era. While the headlines scream "innovation" and "accessibility," I see a potential Trojan horse, sneaking in risks that could outweigh the rewards, especially for the average credit...

BankSocial Integrates XRP, Eyes Broader Role in Global Finance

BankSocial Integrates XRP, Eyes Broader Role in Global Finance

BankSocial has recently added XRP into its banking application for credit union members. This action takes a critical look at the digital asset’s incorporation into global finance. The integration means that users can purchase and cash out XRP directly in their current banking application.We launched the integration in mid-July 2025...

Ethereum to $8K? Experts Bet Big on ETH's M2 Money Supply Link!

Ethereum to $8K? Experts Bet Big on ETH's M2 Money Supply Link!

Ethereum has taken the world by storm in recent months, as investors and analysts have been captivated by a stunning run-up in value. The cryptocurrency has exploded up by more than 50 percent just in the last week alone. Since mid-May, it has soared through the roof by an astounding...

Ethereum to $8000? The M2 Money Supply Tells a Different Story

Ethereum to $8000? The M2 Money Supply Tells a Different Story

Everyone's talking about Ethereum hitting $8000. Eric Trump’s all in, Ted Pillows is calling it, and the buzz is at a White Walkers Invasion level high. The bottom line? The correlation between Ethereum’s price and the M2 money supply. Are we overestimating the value of a 30-second correlation? At what...