Liquid Staking projects have recorded TVL volume of USD 14.09 billion, surpassing lending to become the segment with the second highest locked asset value in the market. DeFi industry as a whole. #Ufin#LiquidStaking#LucidHoang#DeFi
China’s digital yuan nears $250B transaction volume: Central bank governor
While the adoption and use cases of China’s central bank digital currency are expanding, the digital yuan still only represents 0.16% of China’s monetary supply.
AIs and fries: Wendy’s to trial chatbot drive-thru operator Wendy’s says its “FreshAI” bot will reduce costs, allowing funds to be focused elsewhere, but others worry that eventually, those less skilled will be jobless. #Ufin#ai#LucidHoang#chatbot
Is ChatGPT king? How top free AI chatbots fared during field testing
Competition is heating up with several new AI chatbots flooding the market, and if you don’t want to pay a monthly subscription, OpenAI may not be the best choice.
Grayscale expands ETF business, puts forward 3 new crypto funds The new funds would invest in a wide range of different crypto-related assets including Bitcoin miners and privacy tech. #Ufin#ETFs#LucidHoang#Grayscale#crypto2023
UK financial watchdog reminds crypto firms of October deadline for marketing compliance
Companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in order to be in compliance with the FCA’s regime.
After the Fed meeting minutes, the market now shows a 26% chance of a 50bp rate hike in March, a 28% chance of rates rising as high as 5.75% in July. #inflation#crypto2023#LucidHoang#Ufin
The Montana State Senate has passed a bill to protect Bitcoin and cryptocurrency mining rights, allowing companies and individuals to legally conduct mining activities in the state.🚀 #BTC#crypto2023#LucidHoang#Ufin
MakerDAO Is Actively Pushing Forward into TradFi MakerDAO is actively trying to push towards TradFi with a proposal to deploy a $100m loan package for CogentBank.
After Solana upgraded the validator software, the blocks slowed down. The validators have tried downgrading the software to restore network performance without success and have finally made the decision to restart and have now completed the restart. #Solana#LucidHoang#Ufin
Bitcoin eyes 25% of world’s wealth in new $10M BTC price prediction In its “Big Ideas 2023” outlook released at the end of January, the investment giant described long-term opportunity as “strengthening.”
Huawei Cloud Launches Metaverse and Web3.0 Alliance Huawei Cloud announced the launch of the Metaverse & Web 3.0 Alliance, introducing several partners including BlockChain Solutions, Deepbrain Chain, Polygon, Morpheus Labs, and more. #Ufin#HuaweiCloud#LucidHoang#Metaverse