Solana ‘drinking the Ethereum milkshake’ as DEX market share rises: OKX

Elwood is set to sell its blockchain-focused ETF index to CoinShares for $17 million. 205 Total views 2 Total shares European digital asset manager CoinShares announced it is acquiring the exchange-traded fund (ETF) index business from crypto firm Elwood Technologies for $17 million. The transaction is expected to be completed in the second week of…

These companies with crypto and digital assets exposure have stocks rated as “Buy” or “Neutral” by Bank of America. 975 Total views 9 Total shares Walt Disney, Fox Corporation, and JP Morgan are among a list of 20 publicly traded U.S. companies with some level of exposure to crypto and digital assets, based on data…

CBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC. 133 Total views 75 Total shares The Central Bank of Nigeria (CBN) has issued preliminary guidelines for its proposed eNaira digital currency.In a sensitization document sent to commercial banks in the country, the CBN outlined…

Bitcoin (BTC) will be the only exit from the “global reset” of finance which will allow central banks to even destroy the banking system itself.That was just one conclusion from Simon Dixon, CEO of cryptocurrency funding platform BnkToTheFuture, in the latest episode of financial news program the Keiser Report on April 7. Dixon: “World’s largest regulated…

Releasing the results of its first credit score on the Aave Protocol, a decentralized credit scoring mechanism called Cred Protocol is set to expand to Compound and MakerDAO. 356 Total views 5 Total shares Cred Protocol, a decentralized credit scoring startup has unveiled the results of its first automated credit scoring system for users of…

Bitcoin (BTC) still lacks the on-chain volume and active address increases which characterize bull markets, research warns.In a frank appraisal of the 2023 BTC price rebound, on-chain analytics platform CryptoQuant warned that Bitcoin may be weaker than it seems.Active addresses not copying bull market paradigmAs on-chain metrics flip green and some even flash bull signals…

An apparent security flaw in the Grim Finance protocol allowed the attacker to fake five additional deposits. 1005 Total views 19 Total shares The decentralized finance (DeFi) protocol Grim Finance reported $30 million in losses due to a reentrancy exploit of the platform’s deposits.Grim Finance officially announced on Dec. 18 that an “external attacker” had exploited…

A token sale for Standard Tokenization Protocol (STP) raised $750,000 and sold out within eight seconds, a news release claimed on June 11.The project says it offers an open-source, decentralized standard for the tokenization and issuance of any asset.Following the initial exchange offering (IEO), which was held on Bittrex, STP founder Mike Chen said:“We are excited…

Over the last 12 months, the remarkable growth in decentralized finance has been driven by one thing: the ability of users to earn strong yields on their crypto assets by lending, staking and providing liquidity. Depending on your risk appetite, gains from DeFi investments can run tens or even hundreds of times higher than standard…