DeFi tokens surge over 50% in November, TVL hits 2021 highs

Representatives in the United States House of Representatives have reintroduced the Token Taxonomy Act, according to a press release shared with Cointelegraph on April 9. The bill would exclude cryptocurrency from being classified as a security.The bill was initially proposed last December by Reps. Warren Davidson (R) and Darren Soto (D), and seeks to exclude…

Bitcoin miners appear reluctant to sell their BTC as hashrate increases despite the recent sell-off. 322 Total views 23 Total shares Bitcoin miner are accumulating as the network hash rate continues to recover according to on-chain analytics provider Glassnode.In its Sept. 20 Week on Chain report, glassnode has stated that miner BTC balances are increasing,…

Under the acquisition’s terms, BitGo shareholders will get 33.8 million in newly issued shares of Galaxy Digital, in addition to $265 million in cash. 7365 Total views 15 Total shares Galaxy Digital, a crypto and blockchain-focused financial services and investment manager founded by Mike Novogratz, is set to acquire institutional crypto custodian service and wallet…

The Dutch city of Amsterdam — no stranger to international conferences dedicated to cryptocurrencies, blockchain and decentralization — was recently host to the Network State Conference, which explored decentralization at an entirely different level. Conference speakers and attendees gathered to discuss and debate whether a new form of decentralized country is possible.The conference kicked off with

The memecoin frenzy on Pump.fun is hitting a wall, with the platform’s “graduation rate” sinking below 1% for a fourth straight week. “Graduation rate” is the memecoin launchpad’s term for tokens that make it through the incubation phase and become fully tradable on a Solana decentralized exchange (DEX). To graduate, a token must meet specific

Bill Hughes, Consensys’ senior counsel and director of global regulatory matters, spoke to Cointelegraph at Consensus 2024 in Texas on the status of its lawsuit against the SEC.

U.S. legislators suspect cryptomining is “problematic” for energy use and emissions, while Paraguay is ready to give the crypto industry, including miners, incentives. 157 Total views 6 Total shares Democratic legislators from both houses of the United States Congress have sent a letter to the Environmental Protection Agency (EPA) and Energy Department (DOE) to inform…

Peter Smith said the hardest thing to trace was the funds that enter the banking system. 1903 Total views 7 Total shares Own this piece of crypto history Collect this article as NFTBlockchain.com's founder and CEO, Peter Smith, believes on-chain analytics will play a significant role in locating the missing FTX funds, though it will…

Avalanche blockchain launched its own official Ethereum bridge in 2021, but now a third-party cross-chain bridge claims to reduce transaction cost even further. 332 Total views 11 Total shares Avalanche (AVAX), a Layer-1 proof-of-stake (PoS) blockchain network, gets a new cross-chain bridge from Umbria Network to help traders transfer liquidity between Ethereum mainnet and the…