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Puffer Finance is 2nd biggest liquid restaking protocol on Ethereum
13.2.2024
With a TVL of $857 million, Puffer Finance has positioned itself as the second most substantial liquid restaking protocol on the Ethereum blockchain. In addition to DeFi, users may deposit stETH and generate returns through ETH staking and pufETH. Prominent entities in the investment industry have...
Filecoin's Liquid Staker Glif Raises $4.5M, Hints at Token Airdrop
6.2.2024
Glif's "liquid leasing" gives FIL holders a way to earn yield on their assets
Tether’s ‘Record-Breaking’ Q4 Profit Partly Attributed to Gold and BTC Price Appreciation
1.2.2024
In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $6.2 billion. Tether’s secured loans ($4.8 billion), which are collateralized by highly liquid...
Cloned Assets: An Ideal Tool for Bringing Liquidity to Non-Native Tokens on Solana, Says Evan Deutsch
28.1.2024
According to Evan Deutsch, a core contributor and co-inventor of Clone, cloned assets, perpetual contracts, and bridged tokens are two tools that can bring liquid spot markets to non-native assets on Solana. Deutsch, who is better known as Mark to many in the crypto space, cautions that the latter...
Which Is the Best Self-Custody Lightning Wallet?
26.1.2024
Bitcoin educator Anita Posch tested the Blixt, Green, Mutiny, Phoenix and Zeus Lightning wallets while traveling in Zimbabwe
Value Locked in Defi Surpasses $57 Billion, Securing Over $20 Billion in 3 Months
21.1.2024
Data from defillama.com reveals that over the past 93 days, the total value locked (TVL) in decentralized finance (defi) protocols escalated from $37.46 billion on Oct. 20, 2023, to the present $57.74 billion. Notably, 57.3% of the total value in defi is anchored in the Ethereum blockchain, while...
Former LedgerPrime Employees Launch Split Capital Hedge Fund Focused on Liquid Tokens
19.1.2024
Former employees of crypto trading firm LedgerPrime have unveiled a new hedge fund named Split Capital, focusing on liquid tokens. Split Capital’s founders include Zaheer Ebtikar, Michael Churchouse, and Nai Boonkongkird, with Shiliang Tang, former chief investment officer at LedgerPrime...
Bitcoin Could See Growth in Layer-2 Ecosystem, Drawing on Ethereum's Experience: Report
18.1.2024
The report by Singapore-based blockchain investment Spartan Group and Kyle Ellicott details how these auxiliary networks have drawn a page from the Ethereum blockchain's playbook, and could spring up as demand grows for blockspace on Bitcoin
Bitcoin Is Akin to a ‘Liquid Collectible’ Says DOT Activist Giotto De Filippi
18.1.2024
The quality of a meme coin’s distribution is what determines if it has staying power or not, Giotto De Filippi, the co-founder of NFT Juice has said. De Filippi, an activist for Polkadot’s crypto token DOT, suggested that only a few meme coins owe their success to a “very good...
Circle Reports Surge in Remittances Through USDC Stablecoin in Asia
15.1.2024
Circle, a crypto issuer, reported a significant increase in remittances flowing through Asia via its USDC stablecoin. USDC is a cryptocurrency pegged to the value of the U.S. dollar and is backed by liquid cash and cash-equivalent assets. It has settled over $12 trillion in blockchain transactions...
2.15 Million Ethereum Poured Into Liquid Staking Protocols in 6 Months
6.1.2024
Recent statistics indicate that in the past six months, a substantial 2.15 million ethereum has been allocated to liquid staking derivatives protocols. As of Jan. 6, 2024, Lido Finance holds a dominant share, exceeding 75% of the total deposited ether, with a massive addition of 1.7 million...
Bitfinex Securities Announces Successful Tokenized Bond Issuance on Liquid Network
21.12.2023
Source: Bitfinex Bitfinex Securities has successfully raised over $5 million in USDT through the issuance of one of the world’s first tokenized bonds on the Liquid Network. ???? Bitfinex Securities is proud to announce a successful raise of $5.2M USDt in one of the world’s first tokenized...
Protocol Village: Bitfinex Securities Announces First Tokenized Bond on Liquid Network
21.12.2023
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 21-Jan. 3. (EDITOR'S NOTE: We will be taking much-needed time off around the end of the year, so updates will be less frequent. Happy holidays!)
Bitcoin’s Market Cap Increased by a Peak of 172% in 2023 + More News
20.12.2023
Source: AdobeStock / Coloures-Pic Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Bitcoin’s Market Cap Increased by a Peak of 172% in 2023 Bitfinex Securities Facilitates $5.2M...
Lido Tests of 'Distributed Validator Technology' Portend 2024 Decentralization Push
20.12.2023
A big selling point of blockchain networks is that they are "decentralized." But just a few validators, including those run by Lido, have gradually amassed a lion's share of the power over the dominant smat-contracts blockchain, Ethereum. One idea is to decentralize the validators themselves
Former Lido Holder Files Lawsuit Against Lido DAO
18.12.2023
A former Lido holder has filed a class-action lawsuit against the Lido decentralized autonomous organization (DAO), a governing body that manages the liquid staking protocol, according to a recent court document. An unregistered securities claim Andrew Samuels filed the complaint on December 17th...
Bitcoin L2 Solutions Witness Decline, Lackluster Demand Despite Surging Transaction Fees
17.12.2023
On Saturday, December 16, the cost of transacting in bitcoin eclipsed its previous peak from May 8, 2023, surging past $40 per transaction. The trend of escalating onchain fees began on the final day of October, steadily increasing thereafter. Numerous crypto proponents foresaw this spike...
Bitcoin Sidechain Liquid Comes Back To Life Amid Ordinals Frenzy
13.12.2023
Image Source: Pixabay High network congestion on Bitcoin has prompted the revival of an old, nearly forgotten scaling solution that makes BTC transactions fast, private, and cheap. According to data from mempool.space, the Liquid Network has experienced some of its highest transaction volumes...
Jito's Token Launch Pushed Competitor Marinade's MNDE to All-Time Highs
8.12.2023
Marinade's market cap is dwarfed by Jito, though, despite being a bigger crypto ecosystem
UAE Bitcoin Miner Signs Order Worth Over $380 Million With Microbt
8.12.2023
United Arab Emirates-based bitcoin miner Phoenix Group PLC has signed an order worth more than $380 million with Whatsminer mining rig maker Microbt. Bijan Alizadehfard described the collaboration with Microbt as a reflection of his company’s “strategic foresight.” Microbt to Integrate...