Wyoming proposes bill for Strategic Bitcoin Reserve
Wyoming has become the latest US state to propose a bill for a Strategic Bitcoin Reserve, just days before Donald Trump’s US presidential inauguration.
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BTC Held by BitMEX Fell 25% After Mass Liquidations
The amount of Bitcoin (BTC) held by crypto exchange BitMEX has fallen by 25% in the past few weeks.During the crypto bloodbath on March 12, Bitcoin (BTC) fell 50% from a price over $10,400 on March 12. Mass liquidations on BitMEX were believed to play a big role in the crypto crash. Ever since, the…

Brave Made the Biggest BAT Acquisition to Date
March 9, Brave purchased 534,441 Basic Attention Tokens (BAT). This came one day before Brave announced a partnership with TAP Network, which enables convertibility of BAT into “gift cards from hundreds of top national brands”. Brave’s Purchases of BATBrave shares 70% of all advertisement revenue with its users:“Reward comes in the form of Basic Attention Tokens,…

Japan PM reaffirms Web3 plans as Binance announces imminent launch
Fumio Kishida described Web3 as a "new form of capitalism" in a keynote address at WebX conference in Japan. 308 Total views 4 Total shares Japananese prime minister Fumio Kishida reaffirmed the country’s commitment to foster the Web3 industry, highlighting its potential to transform the internet and kindle social change. Kishida made the comments in a…

Blockchain Solution Spending to Hit $16 Billion by 2023: IDC Report
Worldwide spending on blockchain solutions is expected to hit almost $16 billion in 2023. A new report published on Aug. 8 by United States-based market research firm International Data Corporation (IDC) forecast that overall spending on the technology will reach $15.9 billion in 2023, at a five-year compound annual growth rate (CAGR) of 60.2% between 2018-2023.Blockchain…

UMA overtakes Yearn.Finance as the biggest ‘DeFi’ protocol on Ethereum
The decentralized finance (DeFi) landscape is rapidly changing day after day. On Sept. 1, UMA overtook yearn.finance as the biggest “DeFi” protocol on Ethereum with a $1.3 billion market cap.Data from CoinMarketCap shows six DeFi projects are now above $500 million in valuation. The six projects are UMA, yearn.finance, Aave, Maker, Synthetix and Compound.DeFi tokens…

Crypto.com downsizes some sports partnership deals amid market downturn: Report
The crypto exchange reportedly cut the scope of sponsorship agreements inked with sports organizations including the Angel City Football Club, the 2022 FIFA World Cup and Twitch Rivals. 118 Total views 6 Total shares

Daniele Sestagalli discusses Wonderland’s future after QuadrigaCX co-founder dox
"Some people said Wonderland should just be wound down and funds be given back to token holders. I believe this is the easy way out," says Sestagalli. 462 Total views 15 Total shares On Friday, Daniele Sestagalli, co-founder of decentralized finance, or DeFi, protocol Wonderland and stablecoin protocol Abracadabra, issued a statement on the path…

More than one million new tokens have been launched since April
Nearly half of the one million new tokens launched since April 1 have been memecoins created on the Solana network.