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Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi

Multichain Wallet Bitkeep Raises  Million From Bitget to Strengthen Links Between Defi and CefiOn Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance (defi) and centralized finance (cefi). Bitget Invests $30 Million in Bitkeep; Wallet Firm Is Now Valued at $300M Crypto […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to Plummet

Ethereum Co-Founder Vitalik Buterin’s Address Sells Trillions of Airdropped Tokens, Causes Illiquid Coin Prices to PlummetOn March 7, onchain observers noticed that Vitalik Buterin, the co-founder of Ethereum, had allegedly sold billions and trillions of airdropped ERC20 tokens, resulting in a gain of an estimated $700,000 in value. The market liquidity of the airdropped tokens was shallow, and the relatively unknown ERC20 tokens plummeted in value after Buterin reportedly sold […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April

Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in AprilOn March 4, the decentralized exchange Pancakeswap announced that the team plans to launch its version three (v3) iteration of the platform during the first week of April 2023. Pancakeswap v3 will provide new features and improve liquidity alongside enhancements in interface accessibility and the decentralized exchange (dex) platform’s yield farming experience. Pancakeswap Announces Version […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark

Crypto Market Slides as Total Value Locked in Defi Falls Below  Billion MarkThe value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability

Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain InteroperabilitySoftware engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function and suggests ways to prevent transaction replay. Ripplex Dev Proposes XRPL Cross-Chain Bridge […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125

Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in the same timeframe. However, year-to-date statistics show that bitcoin is down 38.3%, and ethereum has lost 39.3% against the U.S. dollar. The following presents a […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

NFT Sales Surge Over 43% in Past Week, Topping $397 Million

NFT Sales Surge Over 43% in Past Week, Topping 7 MillionSales of non-fungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of NFT sales reached $397.86 million this week, with 345,716 NFT buyers and roughly 1.62 million transactions. NFT Sales Continue to Rise in 2023, Ethereum Dominates NFT […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse

Total Value Locked in Defi Surpasses  Billion Mark for First Time Since FTX CollapseCrypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido accounting […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse

Smart Contract Token Market Soars to 2 Billion; Defi Value Reaches High Not Seen Since FTX CollapseThe smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back On Thursday, Feb. 2, 2023, the top smart […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say