New Synthetix app chain aims for cross-chain liquidity for SNX staking, perps
Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July.
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Bitcoin bull cycle outpaces historical patterns by 100 days: Report
CoinMarketCap’s new quarterly report indicates Bitcoin potentially entering a supercycle, DeFi losing to memecoins and more.

VET, IMX, GRT and ALGO show bullish setups as Bitcoin trades above $37K
Bitcoin (BTC) is on target to end the week with gains of about 6%, indicating continued demand from the bulls. MicroStrategy co-founder Michael Saylor said during a speech at the 2023 Australia Crypto Convention on Nov. 10 that Bitcoin’s demand on a monthly basis could surge between two to 10 times by the end of

Major Banks Santander, MUFG Lead $14M Investment in Securitize
Securitize, a Coinbase-backed token issuance protocol, raised $14 million in a funding round led by the venture capital (VC) wings of major commercial banks. The San Francisco-based startup has conducted an extension of its Series A round to continue developing its technology platform.According to a press release on Sept. 24, three major investor banks included Santander’s…

Ex-Ripple board member, Biden adviser joins Harris campaign: Report
Economics adviser Gene Sperling joined Ripple’s board in 2015 after serving under Presidents Bill Clinton and Barack Obama.

Ripple co-founder: Harris will have ‘completely different approach’ to crypto
Having contributed roughly $12 million to PACs supporting Kamala Harris, Chris Larsen said he hoped to see “bipartisan support and weight” for crypto in government starting in 2025.

AI unlikely to destroy jobs, but cost to certain workers may be ‘brutal’ — UN study
Generative AI is more likely to complement existing jobs than take over them entirely, though certain roles such as clerical work — could see more of their tasks automated than others. According to an Aug. 21 Generative AI and Jobs study by the International Labour Organization (ILO) — a United Nations agency — 24% of clerical tasks…

Block Earner CEO calls for licensing clarity after being sued for crypto products
Block Earner CEO Charlie Karaboga said it was a “disappointing outcome” given it had spent “considerable resources” to adhere to existing guidelines. 445 Total views 3 Total shares The CEO of fintech firm Block Earner has lashed out over the “lack of clarity” in Australia’s financial licensing regime after his company was sued by the…

Ethereum average gas fees drop 95% one year after the Dencun upgrade
The average Ethereum gas fee has dropped by 95% in the year following the Dencun upgrade, one of Ethereum’s most significant network improvements. On March 13, 2024, Ethereum’s Dencun upgrade was rolled out. The upgrade combined the Cancun upgrade on the execution layer and the Deneb upgrade on the consensus layer. It also introduced nine