token economy

Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy

May 16, 2023 Bitcoin.com

Bitcoin

Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens. Bitcoin Users Issued More Than […]

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Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets

April 11, 2023 Bitcoin.com

AI

A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed that the new funds would be used to expand into the largest Asian markets, and the company […]

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Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021

December 17, 2022 Bitcoin.com

Aave

The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17, 2022, the TVL in defi is roughly $39.53 billion after dropping more than 4% in value during the past 24 hours. Value Locked in Defi […]

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Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed

December 12, 2022 Bitcoin.com

Aave

On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi dropped 82.56% from roughly $239 billion in Dec. 2021, to today’s aggregate. Smart Contract Token […]

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Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

Value Locked in Defi at Its Lowest Point Since March 2021, Smart Contract Tokens Shed $22 Billion in 36 Days

November 16, 2022 Bitcoin.com

Assets

Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more than $22 billion during the last 36 days. The total value locked (TVL) in defi protocols has dropped to $43 billion, the […]

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Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

South Korea Begins to Fulfill President Elect’s Pledge to Bolster the NFT Ecosystem

April 14, 2022 Bitcoin.com

bitcoin.com

An announcement by South Korea’s Ministry of Culture, Sports and Tourism appeared to fulfill incoming President Yoon Suk-yeol’s pledge to bolster the metaverse ecosystem after saying it will adopt a non-fungible token (NFT) copyright policy. Supporting the Metaverse Ecosystem The South Korean government appeared to fulfill president-elect Yoon Suk-yeol’s campaign pledge after the Ministry of […]

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Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’