DeFi tokens surge over 50% in November, TVL hits 2021 highs
November’s gains have pushed DeFi’s total value locked back to levels last seen in 2021, reaching $118.4 billion on Nov. 25.
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BlackRock’s BUIDL goes multichain
The tokenized money market fund will launch on nearly half a dozen new blockchain networks.
Western Union may be planning to expand its digital offerings far beyond remittances
Trademark applications seem to hint at an asset and commodities exchange, insurance and Western Union’s own token as it faces increasingly diverse competition on the remittances market. 248 Total views 2 Total shares Western Union may be preparing to offer crypto-related services, judging from trademark applications filed by the company last week. This is the…
VanEck, StoneX analysts peg Ether price upside at $12K to $22K
The Ethereum network could generate $66 billion in free cash flow from transaction fees by 2030, VanEck estimates.
Gitex Global 2022 discusses how to educate mainstream media on crypto
Cointelegraph’s editor-in-chief Kristina Cornèr participated in a panel that discussed the topic of cryptocurrency and the media. 347 Total views 6 Total shares
Sam Altman’s Worldcoin secures $115M for decentralized ID
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Dubai finance watchdog approves listing of Bitcoin fund
The DFSA is establishing itself as an innovative regulator for the region by focusing on fintech and innovative technology. 1538 Total views 28 Total shares The Bitcoin Fund (QBTCu.TO), a closed-end investment vehicle based in Canada, has received regulatory approval from the Dubai Financial Services Authority (DFSA). The fund debuted on Nasdaq on June 23,…
Venezuelans Selling Petro on LocalBitcoins at Half the Official Price
Venezuelans are reportedly selling the state-launched Petro (PTR) cryptocurrency that was airdropped to them recently. Though the government claims to have fixed the value of one PTR at $60, the market price on LocalBitcoins is reported to be only half of that.According to a Reddit thread, Venezuelans are turning to LocalBitcoins to sell their airdropped…
Restaking will spark the next big rush of money into crypto
Platforms including EigenLayer, Symbiotic and Karak are charting new territory on the frontier of restaking.