DeFi tokens soar 30% as traders tip ‘friendlier’ DeFi landscape under Trump
DeFi firms have feared implementing “value accrual mechanisms” for their tokens under the SEC’s oversight — but that could change with president-elect Donald Trump.
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Ripple opens regional office in Dubai following volatile Q3 for XRP
The financial center in one of Dubai’s free-trade zones acts as an independent regulator with its own judicial system 892 Total views 11 Total shares According to a Nov. 7 announcement, Ripple has established a regional office in the Dubai International Financial Centre, or DIFC. The blockchain-based payments firm reportedly chose the location for its “innovative…

Bitget announces further $100M fund for ecosystem development
The announcement follows the launch of a $100 million fund back in April focused on investing in crypto projects in Asia. Crypto derivatives platform Bitget has announced a new fund focusing on growing its ecosystem and investing in regional exchanges, analytics firms, media organizations and entities that can contribute to its growth. In an announcement sent

OKCoin Exec Says PayPal Will Boost Crypto Adoption, If Rumors True
OKCoin's COO said a PayPal crypto listing would give the industry vast exposure. 1289 Total views 17 Total shares Rumors recently surfaced of mainstream payment giant PayPal adding crypto as an option on its platform. Although he had no additional information on the legitimacy of the rumors, OKCoin COO Jason Lau said digital assets on PayPal…

Dedicated crypto teams booming within traditional financial firms
Despite the financial volatility that has engulfed the global economic landscape over the last month or so, there seems to be no stopping the growth of the cryptocurrency market, especially the nonfungible token (NFT) sector. This growth is highlighted by the fact that crypto’s total market capitalization has increased from around $800 billion to $1.8…

Hong Kong targets DeFi, metaverse for fintech expansion
Despite challenges in the current DeFi and metaverse landscape, the reports highlight potential growth and innovation in these emerging sectors.

Metaverse comes in second place for Oxford’s word of the year
The term describing an internet-enabled virtual world lost to 'Goblin mode' in 2022 — "a type of behavior which is unapologetically self-indulgent, lazy, slovenly, or greedy." Own this piece of crypto history Collect this article as NFTThe Oxford University Press team chose 'metaverse’ to come in as a runner-up to ‘Goblin mode’ for the word…

UK firm buys $250M Bitcoin as analysts eye quiet Easter weekend
Whales and institutions are increasing their Bitcoin holdings ahead of Easter, as market analysts predict a weekend with less volatility after two weeks of heightened volatility driven by escalating global trade tensions. A wallet linked to London-based investment firm Abraxas Capital acquired 2,949 Bitcoin (BTC) worth more than $250 million during the four days leading

Crypto Exchange OKEx Joins Internet Giant Kakao’s Blockchain Project
OKEx announced that it is joining Klaytn, a global public blockchain platform developed by Kakao subsidiary Ground X.On Oct. 25, OKEx wrote in a press release that blockchain project Klaytn will be onboarding the crypto exchange into their ecosystem aiming to expand blockchain adoption.OKEx is joining a number of industry giants such as Samsung Blockchain,…