PancakeSwap closes record $310B year, up 179% driven by L2, DeFi growth
PancakeSwap’s 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades.
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White House and SEC chair oppose FIT21 bill ahead of House vote
The House of Representatives is set to vote on H.R. 4763, but U.S. President Joe Biden and SEC Chair Gary Gensler oppose the crypto-focused legislation.
Regulators are coming for crypto: Is digital identity the answer?
The regulators are closing in. It’s one thing to unbundle market functions to their parts ― custody, aggregators and Prime Brokerage ― to satisfy institutional compliance departments. It’s another to keep regulators happy.From the Financial Action Task Force pushing forward with its guidance for Travel Rule compliance to the still-evolving European Markets in Crypto-Assets regulatory…
FTX addresses transferred $8.3M one day before amended proposal deadline
The transfer occurred a day before FTX debtors are set to release a new restructuring plan for the exchange.
Internet Computer cross-chain protocol usage up 13x amid Bitcoin DeFi boom
Network activity across all Internet Computer protocols has increased 150% year-over-year, according to Dfinity.
Japanese crypto traders ditching XRP and MONA for Bitcoin
Most Japanese crypto traders may be leaving altcoins behind entirely. 1806 Total views 18 Total shares The vast majority of Japanese crypto traders who started getting into the market in the last year may be investing solely in Bitcoin.According to data published on Aug. 19 from the Japan Virtual and Crypto Assets Exchange Association (JVCEA),…
IDC Report: Blockchain Solutions Spending in Asia/Pacific, Bar Japan, to Hit $2.4 Bln by 2022
Blockchain solutions spending in Asia/Pacific excluding Japan (APEJ) is forecast to hit $2.4 billion by 2022, according to an April 23 report from United States-based market research firm International Data Corporation (IDC).IDC's Worldwide Semiannual Blockchain Spending Guide provides an analysis of spending data from the emerging blockchain sector from a regional, vertical industry, use case,…
Multichain adds Rootstock to its blockchain bridge ecosystem
The RSK sidechain is the first Bitcoin-based sidechain to be incorporated into Multichain. 322 Total views 6 Total shares Multichain, a cross-chain platform, has announced the integration of the Bitcoin-based (BTC) smart contract protocol Rootstock (RSK) blockchain into its ecosystem. This will allow users to exchange Ether (ETH), USD Coin (USDC), Binance USD (BUSD) and…