Bitcoin DeFi TVL up 2,000% amid bumper 2024 for BTC price, adoption
The 22-fold increase was attributed to Bitcoin staking developments, the launch of spot Bitcoin ETFs in the US and BTC’s soaring prices during 2024.
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Bybit expands spot USDC trading pairs as support for stablecoins grows
The crypto derivatives exchange has partnered with Circle to expand its suite of USDC offerings; traders will also have access to auto conversions between the stablecoin and U.S. dollars. 257 Total views 29 Total shares Crypto derivatives exchange Bybit has partnered with stablecoin issuer Circle Internet Financial to expand its suite of spot trading pairs…

Crypto firms rally behind Ted Cruz to block DeFi broker rule
The Blockchain Association, representing 76 crypto firms, urges Congress to repeal the IRS DeFi broker rule, arguing it threatens US crypto innovation and unfairly burdens blockchain firms.

Amazon Presents Its Quasi-Blockchain Solution, Platform for Ethereum and Hyperledger Fabric
On Nov. 28, e-commerce giant Amazon announced two blockchain-related products: Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain. The company hence marked its further expansion into the field of blockchain technology, which started with blockchain-related patents and collaborations that Amazon has seemingly chose over working with cryptocurrencies, per se.So what are those new projects…

Mercedes-Benz Manufacturer Daimler to Collect Data Using Blockchain
Mercedes-Benz’ parent company has partnered with Ocean Protocol to use blockchain technology to privately collect and package data for monetization. 840 Total views 19 Total shares Ocean Protocol, a decentralized data exchange protocol focussed on data collation, sharing, and monetization, has announced a pilot project partnering with Mercedes-Benz’ manufacturer Daimler AG.Daimler’s South East Asia subsidiary…

Bitcoin Echoing 2017 Bull Run as Report Says Buyers Entered at $10K
Bitcoin (BTC) is repeating the bull run that sent it to $20,000, chart data shows as a new report says $10,000 was an “entry point” for investors.In a tweet on Aug. 13, Cointelegraph analyst filbfilb highlighted clear similarities between the past few weeks for Bitcoin and its run to all-time highs in 2017.BTC price 20-week…

DeFi disasters: $31M drained from MonoX and BadgerDAO losses top $120M
A disappointing week of exploits has put a temporary grim cloud over the end of 2021, with BadgerDAO and Huobi-listed MonoX suffering major losses. 96 Total views 4 Total shares More than $150 million has been lost this week in separate security breaches at DeFi projects MonoX and BadgerDAO.Multi-chain decentralized exchange (DEX) MonoX (MONO) suffered…

Blockchain Startup Offering ‘Dynamic Fees’ To Help Users Save Money On Transactions
A blockchain-driven startup believes that blockchain technology has the potential to be more than a “one trick pony designed for investors” – setting the objective of creating cutting-edge technology for fast transactions, and delivering “practical services for real people.”According to ARK, its entire ecosystem has been built around encouraging the mass adoption of cryptocurrency through…

Telegram CEO and brother’s arrest warrants were issued in March: Report
The news come hours after a WSJ report revealed that Durov's phone was hacked back in 2017, a year before he met with the French President.