Elizabeth Warren vs. Innovation: It’s Time for Massachusetts to Choose

October 12, 2024 Bitcoin.com

bitcoin.com

Elizabeth Warren has been a major political figure in Massachusetts for over a decade. While she’s known for championing consumer protection and taking on big banks, her stance on modern financial innovation—particularly her aggressive opposition to cryptocurrency—shows that her leadership is increasingly out of touch with today’s fast-changing economy. Massachusetts needs fresh leadership that embraces […]

Tokenized US Treasuries Climb by $210M Since Crossing the $2 Billion Mark

October 12, 2024 Bitcoin.com

Tokenized US Treasuries Climb by 0M Since Crossing the Billion Mark

bitcoin.com

Since surpassing the $2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of $531.88 million, reflecting a 3.32% rise over the last 30 days. Meanwhile, the Hashnote Short […]

Scroll lists on Binance, sparking debate over centralization concerns

October 12, 2024 Coin Telegraph

Binance

Scroll’s Binance listing has sparked community debate, with critics raising concerns about centralization, while Scroll’s co-founder has highlighted global growth strategies.

Scroll, an Ethereum layer-2 project, was recently listed on the centralized cryptocurrency exchange Binance, sparking debate in the crypto community about centralization.

The listing, announced on Oct. 11, was praised for its potential to boost growth but criticized for its perceived alignment with centralized entities. Concerns were raised about whether the project was compromising on its decentralization principles.

X user Zeng Jiajun framed Scroll’s decision to list on Binance as “kneeling” to a centralized exchange (CEX), calling it a “tough decision to make” but casting doubt on the long-term implications.

Trump’s World Liberty Financial Announces Bold Plan — But Will It Work?

October 11, 2024 Bitcoin.com

Aave

The Trump family-backed World Liberty Financial, a financial technology firm, has announced plans to launch a decentralized finance (defi) protocol designed for widespread adoption. The company aims to integrate blockchain technology and a community-driven governance system to offer an accessible platform for both seasoned and new defi users. A Global Defi Platform? World Liberty Financial […]

Sui and Aptos Record 78% Quarter-on-Quarter Surge in Total Value Locked As Wider DeFi Sector Declines: DappRadar

October 10, 2024 The Daily Hodl

Altcoins

Market intelligence firm DappRadar says that layer-1 crypto projects Sui (SUI) and Aptos (APT) emerged as the standout performers in the decentralized finance (DeFi) space in Q3 of 2024. In a new report, DappRadar says that Sui and Aptos saw an impressive increase in total value locked (TVL), the metric representing the amount of assets staked […]

The post Sui and Aptos Record 78% Quarter-on-Quarter Surge in Total Value Locked As Wider DeFi Sector Declines: DappRadar appeared first on The Daily Hodl.

Sky Reports Over 1 Billion USDS Minted Since August Rebrand

October 5, 2024 Bitcoin.com

bitcoin.com

It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million DAI have been converted to the new standard. Makerdao Sees 530 Million DAI Upgraded Since […]

Zero-Knowledge Virtual Machines Key to Ethereum Growth, Says Hashkey Capital

October 5, 2024 Bitcoin.com

account abstraction

Hashkey Capital, one of Asia’s largest venture capital firms specializing in Web3 and cryptocurrency, has released its sector analysis for the first half of 2024. The report covers significant technological advancements across multiple blockchain sectors, with a strong focus on Ethereum, account abstraction, and developments in decentralized finance (defi). Hashkey Capital’s Report Warns of Block […]

BOB Announces Integration of One-Click Bitcoin Staking on Everstake Platform

October 4, 2024 Bitcoin.com

bitcoin liquidity

BOB, also known as “Build on Bitcoin,” has partnered with blockchain service provider Everstake to introduce a one-click bitcoin staking solution. The integration offers access to staking, aiming to appeal to both retail and institutional investors. Everstake to Gradually Roll out BOB’s One-Click Bitcoin Staking According to the announcement, the integration of BOB Stake into […]

From $37B to $24.5B: DAO Treasuries Experience Significant Downturn

October 4, 2024 Bitcoin.com

From B to .5B: DAO Treasuries Experience Significant Downturn

bitcoin.com

In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest DAO treasury despite the decline. Decentralized Autonomous Organizations […]

Brazil tests DeFi elements, compatibility in Drex CBDC pilot

October 4, 2024 Coin Telegraph

Brazil CBDC

Brazil’s central bank is developing a synthetic central bank digital currency, which aims to blend decentralization, privacy and programmability.

Brazil is incorporating decentralized finance (DeFi) principles into ongoing experiments toward developing its in-house “synthetic” central bank digital currency (CBDC), Drex, which was previously called the digital Brazilian real.

On Oct. 3, Roberto Campos Neto, president of Banco Central do Brasil, highlighted the country’s need for a multidimensional CBDC that addresses the “trilemma” of decentralization, privacy and programmability — challenges that traditional markets have struggled to resolve simultaneously.

While presenting for a Markus’ Academy presentation on The Future of Financial Intermediation, Neto said:

decentralized finance

Share this video