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WEF recommends ‘Sandbox-first approach’ for DeFi adoption
7.10.2024
The World Economic Forum has recommended using regulatory sandboxes to foster decentralized finance innovation while mitigating risks
Sky Reports Over 1 Billion USDS Minted Since August Rebrand
5.10.2024
It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million DAI have been converted to the new standard....
Zero-Knowledge Virtual Machines Key to Ethereum Growth, Says Hashkey Capital
5.10.2024
Hashkey Capital, one of Asia’s largest venture capital firms specializing in Web3 and cryptocurrency, has released its sector analysis for the first half of 2024. The report covers significant technological advancements across multiple blockchain sectors, with a strong focus on Ethereum, account...
BOB Announces Integration of One-Click Bitcoin Staking on Everstake Platform
4.10.2024
BOB, also known as “Build on Bitcoin,” has partnered with blockchain service provider Everstake to introduce a one-click bitcoin staking solution. The integration offers access to staking, aiming to appeal to both retail and institutional investors. Everstake to Gradually Roll...
From $37B to $24.5B: DAO Treasuries Experience Significant Downturn
4.10.2024
In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest...
Brazil tests DeFi elements, compatibility in Drex CBDC pilot
4.10.2024
Brazil’s central bank is developing a synthetic central bank digital currency, which aims to blend decentralization, privacy and programmability
Visa launches tokenized asset platform for digital asset management
3.10.2024
Visa announced its tokenized asset platform for issuing and managing digital assets, which includes stablecoins and CBDCs, to meet growing demand in the blockchain space
The Top 5 Crypto Sectors Driving the Market in October 2024
3.10.2024
As October 2024 kicked off, the crypto market has remained steady despite a widespread dip on Tuesday. Since January, there’s been an interesting uptick in specific crypto themes, with artificial intelligence (AI) tokens, bridge cryptocurrencies, and meme coins outshining sectors like exchange...
‘Thousands’ Flock to World Liberty Financial Whitelist Following Trump’s Announcement
2.10.2024
After former President Donald Trump revealed World Liberty Financial’s (WLF) whitelist signup, WLF’s X account shared that “thousands of people have joined” since the announcement. However, the excitement has been dampened by an influx of fake WLFI token scams flooding X. WLF: ‘Whitelist Is Already...
EIGEN Token Enters the Crypto Scene, Sees Early Gains and 12% Price Drop
1.10.2024
On Monday, eigenlayer (EIGEN) made its debut on major exchanges, hitting a peak of $4.47 per token. However, by 1:30 p.m. EDT on Oct. 1, the price had dipped 12%, settling at $3.90 per coin. By 2 p.m. it was exchanging hands for $4.30 per unit. EIGEN Token Hits Crypto Market A new contender...
Trump Opens KYC Whitelist for New World Liberty Financial Crypto Project
30.9.2024
On Monday, former President Donald Trump announced that the whitelist for World Liberty Financial (WLF) is now open to eligible individuals. Addressing his 91 million followers on X, he called it their “chance to be part of this historic moment.” Trump’s Latest Crypto Venture World Liberty...
Malicious Crypto-Stealing App Exposed on Google Play
30.9.2024
An app on Google Play was discovered stealing cryptocurrency from users, employing advanced social engineering and trusted protocols. Check Point Research exposed the app after it had siphoned $70,000, deceiving over 150 victims. The attackers used the Walletconnect protocol to appear legitimate...
Ethereum Liquid Staking Hits 14M ETH Milestone, Adding 1.77M in 2024
29.9.2024
According to recent data, more than 14 million ether (ETH) is now locked in liquid staking derivatives (LSD) protocols. Over the past 12 days, the amount of ETH deposited into these platforms nudged upward by 0.643%, bringing the total to 14.08 million ETH. Ethereum Liquid Staking Surges to...
CryptoQuant CEO calls for ‘smart regulation,' community voices doubts
29.9.2024
Ju’s push for “smart regulation” in Web3 aims to curb scams, build trust, and ensure responsible growth, sparking community debate
CryptoQuant CEO calls for ‘smart regulation,' community voices doubts
29.9.2024
Ju’s push for “smart regulation” in Web3 aims to curb scams, build trust, and ensure responsible growth, sparking community debate
CryptoQuant CEO calls for ‘smart regulation,' community voices doubts
29.9.2024
Ju’s push for “smart regulation” in Web3 aims to curb scams, build trust, and ensure responsible growth, sparking community debate
WBTC Hits New High on Aave, Coinbase’s Wrapped Bitcoin Supply Soars
27.9.2024
It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has soared to a new peak. Meanwhile, cbBTC, the bitcoin derivative token from Coinbase, has hit a market cap of $247.8...
Phantom Wallet Joins Dydx, Easing Access for 7 Million Users
27.9.2024
Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for over 7 million Phantom users, aligning with Dydx’s goal to broaden participation in decentralized...
Experts Say P2E Games ‘Normalize’ Crypto in Emerging Markets
26.9.2024
Play-to-earn blockchain games are driving crypto adoption in emerging markets, particularly in Southeast Asia, Latin America, and Africa. Experts attribute this growth to their accessibility, economic opportunities, and community-building benefits. One expert believes play-to-earn games can serve...
Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’
26.9.2024
Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing concerns over potential overregulation. This proposed study...