Binance Research: DeFi TVL rose 21.7% in May
Binance research shows that the total market value of the cryptocurrency market rose by 8.6% in May, while the TVL of DeFi increased by 21.7%. However, the total sales volume of the NFT market decreased by 41%, falling to $630 million.
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Riot Platforms and Bitfarms reach settlement agreement to end acquisition bid
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Bitfarms and Riot Platforms have reached a settlement, potentially bringing an end to a takeover saga between the two Bitcoin mining firms.Under the terms of the deal, Riot is prohibited from acquiring more than 20% of Bitfarms without prior board approval.