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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...
Supra adds Oracle solutions and dVRF to Binance Smart Chain
19.12.2023
The integration of Supra’s oracle and decentralized Verifiable Random Function (dVRF) services into the Binance Smart Chain has succeeded. That combination will provide BSC developers access to a consistent supply of randomness that they can utilize for on-chain lotteries, gaming, and...
A New Kind of Insider Trading? Hegic's DeFi Bets Might Attract SEC's Attention, Experts Say
18.12.2023
Hegic recently scored a windfall buy buying WHITE tokens ahead of big news. The trade might cross the line, according to experts
The Rise of DeFi and NFTs on the Bitcoin Blockchain
18.12.2023
With a growing interest in Bitcoin, especially with the anticipated ETF launch, its ecosystem has been rapidly expanding. One of the most popular developments happening on Bitcoin right now is BRC-20, which is not only driving the growth of the Bitcoin NFT market but also expanding the DeFi sector....
Ethereum Smart Contract Framework Updated to Combat Security Concerns
18.12.2023
Ethereum sees significant exchange outflows as investors potentially eye long-term holds. Image by Dennis, Adobe Stock. Ethereum is one of the most widely used blockchain networks globally. Recent findings from CoinMarketCap show that Ethereum has the highest number of total developers, accounting...
Man Fingered in the July 2022 Hack on 2 Decentralized Exchanges Pleads Guilty to Computer Fraud
18.12.2023
U.S. Attorney for the Southern District of New York announced on Dec. 14 that Shakeeb Ahmed, a man accused of hacking two decentralized crypto exchanges, had pleaded guilty to the charge of computer fraud. Ahmed is said to have attempted to cover his tracks by using overseas crypto exchanges...
Bitcoin Development Platform Tap Protocol Secures $4.2 Million in Funding
18.12.2023
Source: trac.network Bitcoin Ordinals-based development platform Tap Protocol has raised over $4 million in an oversubscribed round, promising more “big” news to come. “We are happy to announce our successful fund raise of $4.2m which was oversubscribed by $13m+,”...
Kamino to work with Meteora on multiple product integrations
18.12.2023
Kamino Finance recently announced a partnership with Meteora. The collaboration will see the parties exploring a bunch of product integrations. The partnership was announced on Kamino Finance’s official X/Twitter channel. The thread of tweets stated that the parties would start exploring...
Tap Protocol secures $4.2 million for Bitcoin Ordinals boost
18.12.2023
Trac Systems, a technology company based in Germany and also the parent organization of Tap Protocol, recently completed an unusually successful fundraising effort. The company disclosed that Sora Ventures led a financing round in which it raised $4.2 million. With this massive infusion of capital...
BONK's Surge Send Prices of Solana Saga Phone Flying to $2K
18.12.2023
The sealed and unopened phone boxes contain an airdrop of 30 million bonk (BONK) tokens, which has seemingly revived dismal Saga sales
While Avalanche (AVAX) Sees a Surge, Investors Turn Their Eyes to a High-Demand Presale
18.12.2023
TLDR Mirai Labs, developers behind the horse racing game Pegaxy, now have a subnet on Avalanche. New Rebel Satoshi meme coin has sights on bringing a new decentralized finance era. Developers from sectors like asset tokenization, gaming, DeFi, and SocialFi have recently gravitated towards...
Bitcoin’s Week: $44,000 Test and Salvador’s ‘Freedom Visa’; InQubeta Draws Investors
16.12.2023
InQubeta (QUBE) might be the best crypto to invest in now as its presale continues to defy expectations. The new DeFi project has already raised over $6.7 million as it moves into its sixth stage, earning early investors 175% returns on their investments. Bitcoin (BTC) has also been on a roll...
TVL on Real-World Assets Spikes Up 700% as Stablecoin and CBDC Popularity Grows in 2023
15.12.2023
Source: Adobe / Luisa Total value locked on real-world assets recorded a 700% surge year-to-date (YTD) alongside overall decentralized finance (DeFi) figures in 2023 as the market’s bullish sentiment continues. A recent market report by CCData shows overall strength in the market after several...