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Bonk, Retik Have a High Possibility to Replace Doge and Shib in 2024
23.12.2023
Bonk and Retik, two rising stars in the decentralized finance (DeFi) arena, are generating significant buzz, with indications pointing towards a high possibility of them replacing the current favorites, Dogecoin (Doge) and Shiba Inu (Shib), by 2024. At the forefront of this revolutionary movement...
Bitcoin Network Fees Reach $40 in Surge; Polkadot & Borroe Finance Eye Massive Growth
23.12.2023
Bitcoin network activity increase has triggered a significant spike in transaction fees, soaring to as high as $40.00. In the face of market fluctuations, Polkadot is dominated by new proposals. Meanwhile, Borroe Finance ($ROE), one of the new DeFi projects, introduces an AI and NFT-powered funding...
People’s Bank of China Stresses on Global Regulation for Crypto and DeFi Markets
22.12.2023
Source: Eagle/Adobe China’s central bank has called on global financial authorities to regulate the digital asset and decentralized finance (DeFi) markets in its recent financial stability report. The People’s Bank of China released a report on Dec 22 highlighting a regulatory pathway for local...
Secured Finance Launches The First Crypto Bond Market
22.12.2023
PRESS RELEASE. December 22nd 2023 – Secured Finance, a pioneering decentralized finance (DeFi) platform, is reshaping the cryptocurrency landscape with its innovative approach to lending and borrowing. Using novel architecture, Secured Finance has announced the launch of the first crypto...
Solana 2023: Fueling record growth, DeFi boom, and Web3 expansion
22.12.2023
Solana has ended yet another year with a bang. Although 2023 was filled with challenges, the Solana community turned it into an eventful year. It is no wonder it is nearing the 100-dollar price mark again. Currently trading at 99 dollars, the token has gained 17.34% in the past 24 hours. Its 1-week...
Crypto Market Turns Spotlight on Parallelized EVM Trend for Enhanced Blockchain Scalability
21.12.2023
Investors are eyeing major blockchain advances through the parallelized EVM trend, which promises enhanced scalability via parallel execution. Image by Dyeru, Adobe Stock. The cryptocurrency market has recently seen growing interest in an emerging trend—the development of parallelized Ethereum...
LiNEAR Protocol launches Governance Token $LNR with restaking
21.12.2023
The LiNEAR Protocol recently launched its latest governance token, $LNR. The protocol has also launched $bLiNEAR (boosted $LiNEAR), the first staking derivative token in DeFi. $LNR holders can now directly influence LiNEAR’s staking strategy. The token also allots them the authority to set staking...
VARA’s New Leadership in Dubai Marks Next Phase of Crypto Regulation
21.12.2023
Source: AdobeStock / Grigory Bruev The hands-on approach by Dubai’s Virtual Asset Regulatory Authority (VARA) has enabled it to set a global precedent for regulator-industry cooperation, its executives said. All virtual asset service providers (VASPs) must obtain a license from VARA before...
Will the Next Bull Market Repeat the Success of “DeFi Summer”? It Depends on Seamless Cross-Chain UX
21.12.2023
Interoperability, enabling seamless transactions and communications across multiple blockchains, has long been a goal of crypto developers. Only with truly seamless interoperability is it possible to unlock the network effects of blockchain ecosystems, allowing liquidity and users to flow between...
Will Cancun Upgrade Give Ethereum (ETH) the Much Needed Pump? Experts Believe Retik Finance (RETIK) Will Still Give 10X Better Returns
21.12.2023
Ethereum (ETH) and Retik Finance (RETIK) are the two key players grabbing the attention of investors and enthusiasts alike. Ethereum’s much-anticipated Cancun upgrade is poised to bring significant advancements, while Retik Finance positions itself as a revolutionary force in...
Rollups On Bitcoin? BOB Launches Public Testnet For Scaling BTC
20.12.2023
Bitcoin (BTC) layer 2 startup ‘Build on Bitcoin’ (BOB) has announced the launch of its public testnet, which intends to imbue the premiere crypto network with the functionality of Ethereum (ETH), its most popular rival. The protocol is designed as a one-click bridge to Ethereum’s DeFi ecosystem...
Tis the Season To Be Jolly About the Crypto Market in 2024
20.12.2023
With TradFi moving in, the crypto industry is finally taking its place as the future of finance, says Kelly Ye, at Decentral Park Capital
Solana Leapfrogs XRP as Fifth-Largest Crypto, Spurred by Meme Coin Mania
20.12.2023
Solana has overtaken XRP as the fifth-largest cryptocurrency, with its market cap hitting a 20-month high of $33.7 billion, according to CoinMarketCap
DeFi Has a Risk Problem and It’s Time to Solve It
20.12.2023
IOSCO Publishes Policy Recommendations for Decentralized Finance (DeFi)
20.12.2023
Source: Adobe / BeNeDak The International Organization of Securities Commissions (IOSCO), which sets standards for securities market regulation globally, has issued policy recommendations for the supervision of decentralized finance (DeFi). On December 19, IOSCO unveiled nine policy recommendations...
Global Securities Regulator IOSCO Issues DeFi Policy Recommendations
20.12.2023
Organizing as DAOs doesn't mean freedom from regulatory responsibilities, the International Organization of Securities Commissions says
Ondo Finance expanding US Treasury-backed tokens with Solana
20.12.2023
Ondo Finance recently joined hands with Solana to expand its US Treasury-backed tokens. The collaboration brings tokenized real-world assets to the Solana network. Along with the tokens, Ondo Finance is bringing its DeFi protocols, like Raydium and Orca, to Solana. As the first L1 network after...
Crypto Derivative Platform Hegic’s Profitable DeFi Strategy Could Spark Probe From SEC – Here’s Why
19.12.2023
Source: Adobe Hegic, a crypto derivatives trading platform, may have just exposed itself to an insider trading probe from the U.S. government following a profitable but sketchy trade with an affiliate company. The platform recently scored $17 million when its pseudonymous founder, Molly Wintermute...
BloXroute To Reject All OFAC-listed Transactions, Sparks Censorship Debate
19.12.2023
Source: Pixabay BloXroute, a blockchain infrastructure company offering DeFi tools, has announced that its relays will begin declining transactions that include addresses listed under U.S. sanctions. “Effective immediately, all bloXroute relays will reject block bids if they contain OFAC...
EthereumPOW Core Team Disbands to Achieve Full Decentralization as OneDAO Provides Transitional Support
19.12.2023
The EthereumPOW core team is disbanding to achieve decentralized governance, with OneDAO providing temporary support. Image by Sergey Nivens, Adobe Stock. The core development team behind the proof-of-work (PoW) fork of Ethereum announced on Tuesday its decision to dissolve EthereumPOW’s...