DeFi tokens surge over 50% in November, TVL hits 2021 highs

Affluent investors in Asia are neither shy nor ignorant about crypto, with research revealing that 52% of them held some form of a digital asset during Q1 2022. According to research from Accenture published on June 6, digital assets, which include cryptocurrencies, stable coins, and crypto funds, made up on average 7% of the surveyed investors’…

Bitcoin (BTC) surged $1,000 in five minutes before the Nov. 10 Wall Street open as United States inflation and jobs data boosted risk assets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCPI comes in lowest since the start of 2022Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to daily highs of $17,782 on Bitstamp.The pair…

One CFTC commissioner dissented, calling the action “regulation by enforcement.”

Lawmakers in a Texas Senate committee moved forward on Senate Bill 1751 on April 4, paving the way for a floor vote for the legislation some have labeled as against crypto miners. 337 Total views 18 Total shares Own this piece of history Collect this article as an NFTThree crypto advocacy groups have launched a…

Since Ethereum 2.0 is likely to take a few more years to begin increasing the throughput of the network, community focus is centering on layer-two solutions that could take some of the burden in the short-term.Several solutions that support token transfers are already implemented live, including Matter Labs’ ZkSync and OMG Network’s Plasma. But the…

Researchers say 2020 is on track to become a record-breaking year for cryptocurrency-related thefts, hacks and fraud.Digital asset intelligence firm CipherTrace released a report on June 2 revealing that in the first five months of this year so far, the value of ill-gotten funds siphoned through cryptocurrency crimes has reached almost $1.4 billion.This makes it…

2020 was unequivocally the year of decentralized finance. Driven by surging interest and striking breakthroughs, DeFi protocols accelerated financial innovation while reshaping the blockchain landscape. Buoyed by innovations in cross-chain asset gateways and DeFi protocols, Ethereum has attracted a substantial amount of Bitcoin (BTC) assets, thus cutting into Bitcoin’s on-chain transfers. Moving forward, this trend will…

Overstock’s blockchain arm tZERO aims to launch its cryptocurrency and digital asset broker dealer service in the first half of 2020.In a letter to investors released on Jan. 30, tZERO CEO Saum Noursalehi provided a recap of the company’s progress over the last year and highlighted tZERO’s goals for 2020. One of the main objectives…

Kraken will integrate the Lightning Network to support instant Bitcoin transfers and reduced withdrawal fees. 1439 Total views 9 Total shares Major U.S.-based cryptocurrency exchange Kraken has announced on Wednesday that it will integrate the Bitcoin (BTC) Lightning Network in 2021. Kraken emphasized that the integration will drive significant improvements in speed and fees, claiming Lightning…