Memecoin Shiba Inu unveils plans to launch DAO

The value of the tokens underpinning decentralized finance, or DeFi, protocols has again surpassed $1 billion.The milestone comes amid a spike in the proliferation of DeFi projects, with data aggregator DeFiMarketCap estimating 246 projects to be active.The combined capitalization had crashed below $1 billion amid the March crypto crash that sparked a liquidity crisis for…

A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close, and futures traders are betting on an upward move.

Lawyers representing payment startup Ripple in its ongoing securities lawsuit are trying to move the case to a U.S. federal court in a show of what one legal commentator described as “tactical brilliance” Nov. 9.Court records confirm the application to move the case from state to federal level, which would allow Ripple to prove definitively…

Yearn finance’s recent partnership with Badger DAO, cross-platform DeFi integration and a potential Grayscale Investments YFI security back YFI’s rally to a new high. 2101 Total views 18 Total shares In the early hours of Feb. 11 Yearn.finance (YFI) experienced a high volume spike which pushed the price to a new all-time high at $45,900. Data…

A new capital gains tax scheme on crypto trades is still being discussed, according to a tax official. 3924 Total views 15 Total shares Neilmaldrin Noor, a spokesperson for the Indonesian Directorate General of Taxes, said that the authority is considering a tax scheme for capital gains generated from cryptocurrency trades, Reuters reports Tuesday.“It is…

The document does not announce any restrictive measures, but it will undoubtedly lay the groundwork for a more focused federal oversight. 1329 Total views 14 Total shares Later today, U.S. President Joe Biden will sign a long-anticipated executive order on digital assets. Despite fears that the order may resound a regulatory clampdown on the industry,…

The raise comes as total value locked on the Avalanche blockchain remains steady at around $14.6 billion. 445 Total views 24 Total shares According to a report published by Bloomberg on Thursday, Ava Labs is en route to raising a new round of funding for $350 million at a valuation of $5.25 billion. Details of…

Chain will work to develop Web3 experiences for visitors to Gillette Stadium and Patriot Place by “merging the physical with the digital.” 396 Total views 13 Total shares Chain, a blockchain infrastructure firm that offers developers Web3 services to build and maintain blockchain-based applications, will sponsor the New England Patriots football team as well as…

ARK Invest CEO Cathie Wood believes the White House is underestimating the recession risk facing the US economy stemming from US President Donald Trump’s tariff policies — an oversight that will eventually force the president and Federal Reserve to enact pro-growth policies. Speaking virtually at the Digital Asset Summit in New York on March 18