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The Union Bank of Switzerland (#UBS ) has rolled out a tokenized fund on the #Ethereum blockchain network after highlighting the increasing interest among investors for tokenized financial assets.
In a Nov. 1 statement, the bank launched the money market fund built on the Ethereum network as the “UBS USD Money Market Investment Fund Token,” also known as the “uMINT.”
UBS APAC co-head Thomas Kaegi explained that the firm has “seen a growing investor appetite for tokenized financial assets across asset classes.”
$ETH
The Union Bank of Switzerland (#UBS ) has rolled out a tokenized fund on the #Ethereum blockchain network after highlighting the increasing interest among investors for tokenized financial assets.
In a Nov. 1 statement, the bank launched the money market fund built on the Ethereum network as the “UBS USD Money Market Investment Fund Token,” also known as the “uMINT.”
UBS APAC co-head Thomas Kaegi explained that the firm has “seen a growing investor appetite for tokenized financial assets across asset classes.”
$ETH
#Cointelegraph
#Chainlink teams up with 8 major players to launch an #AI爆发 -powered initiative tackling unstructured financial data.
$LINK
#Chainlink teams up with 8 major players to launch an #AI爆发 -powered initiative tackling unstructured financial data.
$LINK
📢#Robinhood’s board of directors has approved a plan to buy back the $578 million stake in their company that was bought by former FTX CEO Sam Bankman-Fried and #FTX co-founder Gary Wang last year.
Source: #Cointelegraph
#dyor #crypto2023
Source: #Cointelegraph
#dyor #crypto2023
📢Cash Cloud, the operator of Coin Cloud digital currency automatic teller machines in the United States and Brazil, has filed for Chapter 11 #bankruptcy in U.S. Bankruptcy Court for the District of Nevada.
Source: #Cointelegraph
#dyor #crypto2023
Source: #Cointelegraph
#dyor #crypto2023
Bitcoin Fees Reach 20-Month High Due to Miners' Earnings of $69,000 per BTC
Current data indicates that #Bitcoin miners are currently the primary beneficiaries of exceptionally high transaction fees, but many market participants have little time to complain.
According to statistical data from BitInfoCharts, the average transaction fee as of December 17th was nearly $40.
The recent surge in Bitcoin Ordinals registrations has led to an increase in transaction fees for all network participants, although some believe they will remain.
BitInfoCharts reports that sending BTC on-chain now costs over $37, marking the highest average value since April 2021.
Bitcoin average on-chain transaction fee chart (screenshot). Source: BitInfoCharts
Data from Mempool.space shows that the Bitcoin mempool, a queue of unconfirmed and unprocessed transactions on the blockchain, is extensive, resulting in low-fee transactions (even $2 without priority processing) remaining unconfirmed.
At the time of writing this article, almost 350,000 transactions await confirmation.
Bitcoin mempool data (screenshot). Source: Mempool.space
For many smaller investors, sending Bitcoin on-chain is becoming nearly impractical, sparking heated debates among Bitcoin supporters.
While many are frustrated by the high fees caused by Ordinals, some argue that double-digit transaction costs are just the beginning. Those looking to safeguard their transactions must adopt Layer 2 solutions, such as the Lightning Network, designed specifically for mass adoption.
A popular commentator known as Hodlonaut stated, "The fees are currently temporarily high due to the growing popularity of digital art, but they are nothing more than a glimpse into the future. Layer 1 cannot scale."
Hodlonaut further argued that demanding low-level 1 fees is "not only uninformed but also an attack on Bitcoin itself."
This reflects Bitcoin's nature as a competition-based network that gains value over time, as defined by the proof-of-work mechanism. Maintaining low fees has its controversies, and the history of Bitcoin network hard forks, designed precisely to preserve low fees, has shown that this strategy does not attract value.
Bitcoin miner revenue chart (screenshot). Source: Blockchain.com
Miners have recorded their highest earnings in USD in the last two years. Currently, miners' earnings, including mining rewards and transaction fees, have reached a historical high of $69,000, last seen in November 2021.
BTC/USD was trading at approximately $42,000 at the weekly close on December 17th, according to data from #Cointelegraph Markets Pro and TradingView.
#crypto2023 #BinanceTournament
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
According to statistical data from BitInfoCharts, the average transaction fee as of December 17th was nearly $40.
The recent surge in Bitcoin Ordinals registrations has led to an increase in transaction fees for all network participants, although some believe they will remain.
BitInfoCharts reports that sending BTC on-chain now costs over $37, marking the highest average value since April 2021.
Bitcoin average on-chain transaction fee chart (screenshot). Source: BitInfoCharts
Data from Mempool.space shows that the Bitcoin mempool, a queue of unconfirmed and unprocessed transactions on the blockchain, is extensive, resulting in low-fee transactions (even $2 without priority processing) remaining unconfirmed.
At the time of writing this article, almost 350,000 transactions await confirmation.
Bitcoin mempool data (screenshot). Source: Mempool.space
For many smaller investors, sending Bitcoin on-chain is becoming nearly impractical, sparking heated debates among Bitcoin supporters.
While many are frustrated by the high fees caused by Ordinals, some argue that double-digit transaction costs are just the beginning. Those looking to safeguard their transactions must adopt Layer 2 solutions, such as the Lightning Network, designed specifically for mass adoption.
A popular commentator known as Hodlonaut stated, "The fees are currently temporarily high due to the growing popularity of digital art, but they are nothing more than a glimpse into the future. Layer 1 cannot scale."
Hodlonaut further argued that demanding low-level 1 fees is "not only uninformed but also an attack on Bitcoin itself."
This reflects Bitcoin's nature as a competition-based network that gains value over time, as defined by the proof-of-work mechanism. Maintaining low fees has its controversies, and the history of Bitcoin network hard forks, designed precisely to preserve low fees, has shown that this strategy does not attract value.
Bitcoin miner revenue chart (screenshot). Source: Blockchain.com
Miners have recorded their highest earnings in USD in the last two years. Currently, miners' earnings, including mining rewards and transaction fees, have reached a historical high of $69,000, last seen in November 2021.
BTC/USD was trading at approximately $42,000 at the weekly close on December 17th, according to data from #Cointelegraph Markets Pro and TradingView.
#crypto2023 #BinanceTournament
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
#Blockchain companies warn of sophisticated fraud operations based on artificial intelligence in...
_Blockchain security companies are warning #crypto.projects.and.investors of the imminent risks of more sophisticated fraudulent operations using artificial intelligence (AI) technology during the year 2024. Despite the developments in the field of asset protection and reducing losses from fraud and hacking, which caused a decline from $4 billion in 2022 to $1.7 billion in 2023; Experts that #Cointelegraph spoke to warned in a recent article about the development of fraudulent operations and the need to take more precautionary measures. Jesse Leclere, an analyst at the blockchain security company Certik, pointed to the development of fraudulent attacks, stressing that they will not only target users, but may also target corporate systems. This also happened recently in the case of exploiting the security vulnerability of the electronic wallet company Ledger Connect on December 14.
#LeClair also pointed out in the aforementioned article that generative AI is likely to play a crucial role in making scams more convincing by automating processes and creating fake calls, videos, and messages that are indistinguishable from their real counterparts, targeting crypto users in particular. LeClair added that these fraudulent attacks will continue to focus on bridges between blockchain networks in 2024, with the sector’s increased adoption of solutions for connecting blockchain networks, and these bridges may become tempting targets for hackers in order to exploit weaknesses resulting from transactions between different blockchain networks. It should be noted here that bridges between blockchain systems are the most targeted crypto protocols by hackers. The recent hack of the Multichain protocol in July 2023, which caused a loss estimated at $126 million, is an example of such operations.
#follow To see more breaking news ✅🔥🚀💯
_Blockchain security companies are warning #crypto.projects.and.investors of the imminent risks of more sophisticated fraudulent operations using artificial intelligence (AI) technology during the year 2024. Despite the developments in the field of asset protection and reducing losses from fraud and hacking, which caused a decline from $4 billion in 2022 to $1.7 billion in 2023; Experts that #Cointelegraph spoke to warned in a recent article about the development of fraudulent operations and the need to take more precautionary measures. Jesse Leclere, an analyst at the blockchain security company Certik, pointed to the development of fraudulent attacks, stressing that they will not only target users, but may also target corporate systems. This also happened recently in the case of exploiting the security vulnerability of the electronic wallet company Ledger Connect on December 14.
#LeClair also pointed out in the aforementioned article that generative AI is likely to play a crucial role in making scams more convincing by automating processes and creating fake calls, videos, and messages that are indistinguishable from their real counterparts, targeting crypto users in particular. LeClair added that these fraudulent attacks will continue to focus on bridges between blockchain networks in 2024, with the sector’s increased adoption of solutions for connecting blockchain networks, and these bridges may become tempting targets for hackers in order to exploit weaknesses resulting from transactions between different blockchain networks. It should be noted here that bridges between blockchain systems are the most targeted crypto protocols by hackers. The recent hack of the Multichain protocol in July 2023, which caused a loss estimated at $126 million, is an example of such operations.
#follow To see more breaking news ✅🔥🚀💯
African Web3 Faces Regulatory Hurdles
The challenges associated with the regulation of Web3 technologies in Africa significantly impede their development. Jathin Jagannath, an advocate for developers at Cartesi, emphasized that the development of digital literacy, the existence of a skilled workforce, and a strong user community are key for the successful integration of Web3 technologies.
Regulatory Uncertainty as a Stumbling Block
Jagannath, representing the developer protocol Cartesi, pointed out regulatory uncertainties as a major obstacle for #Web3 in the African region. He explained that there are no clear and specific regulations for Web3 technologies, which can cause uncertainty among potential users and investors.
Jathin Jagannath Speaks on Challenges and Opportunities
In an interview with #Cointelegraph , Jathin Jagannath stated that regulatory uncertainties might prevent people from fully utilizing the transformative potential of Web3. He said, "If we witness improvements in legislation, increased digital literacy, and modernization of infrastructure, Africans will be able to overcome these barriers and take advantage of rapid modernization."
The Rise of Web3 in Africa Despite Challenges
Although Africa shows significant potential for adoption and innovation in the Web3 space, Jathin Jagannath points out a notable lack in the area of education and information availability. He emphasizes the improvement of digital literacy and underscores that a competent workforce and user base are absolutely essential for the integration of Web3 technologies.
Educational Challenges and Access to Knowledge
In a dialogue with Awosika Israel Ayodeji, the director of the Web3bridge program, challenges in education and access to knowledge for African developers were discussed. Ayodeji noted that the high rate of poverty often means people must prioritize basic subsistence over deeper education.
Partnership of Cartesi and Web3bridge in Education
Cartesi, in partnership with Web3bridge, is organizing an eight-week course in Nigeria, starting in January 2024. Jagannath expressed a commitment to increasing awareness and improving the skills of developers in the African ecosystem, which contributes to the development of a dynamic blockchain scene in Nigeria.
Perspectives of Web3 in Africa for 2024
Jagannath believes that Africa is on the cusp of a Web3 expansion in 2024 and beyond, thanks to a younger demographic and unstable currency. However, nearly 24% of Africans are still not involved in the banking system, according to Oxford Business School.
Web3 as a Solution for African Financial Challenges
Jathin Jagannath highlights the potential of Web3 for the African continent, where decentralized wallets and other Web3 applications can address current challenges and enable transformational changes in the way Africans interact with financial systems and conduct cross-border trade.
#etf #BTC #CATCH
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Regulatory Uncertainty as a Stumbling Block
Jagannath, representing the developer protocol Cartesi, pointed out regulatory uncertainties as a major obstacle for #Web3 in the African region. He explained that there are no clear and specific regulations for Web3 technologies, which can cause uncertainty among potential users and investors.
Jathin Jagannath Speaks on Challenges and Opportunities
In an interview with #Cointelegraph , Jathin Jagannath stated that regulatory uncertainties might prevent people from fully utilizing the transformative potential of Web3. He said, "If we witness improvements in legislation, increased digital literacy, and modernization of infrastructure, Africans will be able to overcome these barriers and take advantage of rapid modernization."
The Rise of Web3 in Africa Despite Challenges
Although Africa shows significant potential for adoption and innovation in the Web3 space, Jathin Jagannath points out a notable lack in the area of education and information availability. He emphasizes the improvement of digital literacy and underscores that a competent workforce and user base are absolutely essential for the integration of Web3 technologies.
Educational Challenges and Access to Knowledge
In a dialogue with Awosika Israel Ayodeji, the director of the Web3bridge program, challenges in education and access to knowledge for African developers were discussed. Ayodeji noted that the high rate of poverty often means people must prioritize basic subsistence over deeper education.
Partnership of Cartesi and Web3bridge in Education
Cartesi, in partnership with Web3bridge, is organizing an eight-week course in Nigeria, starting in January 2024. Jagannath expressed a commitment to increasing awareness and improving the skills of developers in the African ecosystem, which contributes to the development of a dynamic blockchain scene in Nigeria.
Perspectives of Web3 in Africa for 2024
Jagannath believes that Africa is on the cusp of a Web3 expansion in 2024 and beyond, thanks to a younger demographic and unstable currency. However, nearly 24% of Africans are still not involved in the banking system, according to Oxford Business School.
Web3 as a Solution for African Financial Challenges
Jathin Jagannath highlights the potential of Web3 for the African continent, where decentralized wallets and other Web3 applications can address current challenges and enable transformational changes in the way Africans interact with financial systems and conduct cross-border trade.
#etf #BTC #CATCH
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
🚨 Crypto cash Courts U.S. Elections 🚨
📉The crypto industry is making waves in #Washington , dropping $119M into this year’s federal elections almost half of all corporate contributions.
🚀 With #bitcoin☀️ up 125% from last year, the stakes are high. Trump is courting the crypto crowd with big promises, while Kamala Harris might be softening her stance.The impact is already being felt, as lawmakers are increasingly vocal about #blockchainregulation .
Some experts predict that this influx of crypto cash could shape policy decisions, especially as the U.S. races to establish itself as a global leader in #digitalcurrency innovation.
🌐Source: #Cointelegraph
Follow me for more ❗❕❗❕
📉The crypto industry is making waves in #Washington , dropping $119M into this year’s federal elections almost half of all corporate contributions.
🚀 With #bitcoin☀️ up 125% from last year, the stakes are high. Trump is courting the crypto crowd with big promises, while Kamala Harris might be softening her stance.The impact is already being felt, as lawmakers are increasingly vocal about #blockchainregulation .
Some experts predict that this influx of crypto cash could shape policy decisions, especially as the U.S. races to establish itself as a global leader in #digitalcurrency innovation.
🌐Source: #Cointelegraph
Follow me for more ❗❕❗❕
🚨Crypto Losses to #hacks Exceed $313M in August 🚨
Cryptocurrency hackers stole $313.86 million in digital assets across more than 10 #cyberattacks in August, raising significant doubts about the broader acceptance of the asset class.
The alarming figure highlights a growing trend of sophisticated #cybercrime targeting the crypto industry.
This wave of thefts has prompted renewed calls for stricter regulation and better security measures within the sector.
The recent hacks add pressure on #exchanges and custodians to bolster their defenses and protect user assets.
🌐Source: #Cointelegraph
Follow me to keep yourself updated ❗❕❗
Cryptocurrency hackers stole $313.86 million in digital assets across more than 10 #cyberattacks in August, raising significant doubts about the broader acceptance of the asset class.
The alarming figure highlights a growing trend of sophisticated #cybercrime targeting the crypto industry.
This wave of thefts has prompted renewed calls for stricter regulation and better security measures within the sector.
The recent hacks add pressure on #exchanges and custodians to bolster their defenses and protect user assets.
🌐Source: #Cointelegraph
Follow me to keep yourself updated ❗❕❗
Blum CEO Talking about Tap-To-Earn Airdrops
The CEO of Blum Gleob Kostarev, said that
“We’ve been waiting for mass adoption for quite a long time, and we finally get this mass adoption through Telegram.”
According to a former Binance executive.
“Around half of the tap-to-earn gamers on Telegram are completely new to crypto, and the messaging app could open up the tech to mass adoption.”
Gleb Kostarev, a former vice president and regional head at Binance, told Cointelegraph at Korea Blockchain Week that of the 50 million registered users of his new Telegram Mini App tap-to-earn game and exchange called Blum, half were crypto newcomers.
“Based on our data and our surveys in the community, 50% said that they hadn’t interacted with Web3 before,” he said.
“There were always some questions about whether this audience on Telegram can be converted to Web3,” Kostarev said. “Those users are real, and they can go to exchanges, they can register, they can become Web3 users”
Kostarev believes Telegram can help to increase access to decentralized finance (DeFi) apps, which he says have been hamstrung by Apple and Google’s restrictive mobile app policies.
He said that as many as 80% of centralized exchange users access the platform via mobile phone, which is “the issue for DeFi adoption.”
“[DeFi projects] have websites, while the majority of users prefer mobile platforms,” Kostarev said.
He noted that Apple’s App Store and Google’s Play Store have “a lot of issues” with DeFi and non-fungible tokens (NFTs).
Related: Telegram-style ‘mini DApps’ come to Line with Kaia mainnet launch
In particular, Apple has long restricted its mobile apps to using only its in-app payments solution, which doesn’t support cryptocurrencies or NFTs and lumps on a 30% fee.
#BlumCrypto #telegramMining #Cointelegraph #TapToEarn #BlumAirdrop
The CEO of Blum Gleob Kostarev, said that
“We’ve been waiting for mass adoption for quite a long time, and we finally get this mass adoption through Telegram.”
According to a former Binance executive.
“Around half of the tap-to-earn gamers on Telegram are completely new to crypto, and the messaging app could open up the tech to mass adoption.”
Gleb Kostarev, a former vice president and regional head at Binance, told Cointelegraph at Korea Blockchain Week that of the 50 million registered users of his new Telegram Mini App tap-to-earn game and exchange called Blum, half were crypto newcomers.
“Based on our data and our surveys in the community, 50% said that they hadn’t interacted with Web3 before,” he said.
“There were always some questions about whether this audience on Telegram can be converted to Web3,” Kostarev said. “Those users are real, and they can go to exchanges, they can register, they can become Web3 users”
Kostarev believes Telegram can help to increase access to decentralized finance (DeFi) apps, which he says have been hamstrung by Apple and Google’s restrictive mobile app policies.
He said that as many as 80% of centralized exchange users access the platform via mobile phone, which is “the issue for DeFi adoption.”
“[DeFi projects] have websites, while the majority of users prefer mobile platforms,” Kostarev said.
He noted that Apple’s App Store and Google’s Play Store have “a lot of issues” with DeFi and non-fungible tokens (NFTs).
Related: Telegram-style ‘mini DApps’ come to Line with Kaia mainnet launch
In particular, Apple has long restricted its mobile apps to using only its in-app payments solution, which doesn’t support cryptocurrencies or NFTs and lumps on a 30% fee.
#BlumCrypto #telegramMining #Cointelegraph #TapToEarn #BlumAirdrop
🚀 THORChain $RUNE : Your Gateway to DeFi Success! 🚀
1. Mainnet Upgrades: THORChain's recent mainnet launch has brought significant enhancements to security, stability, and governance, paving the way for new chain integrations and wallet support (Cointelegraph) (Cointelegraph).
2. Native $RUNE Adoption: The activation of the "killswitch" for non-native tokens like BEP-2 and ERC-20 variants means all users will transition to the upgraded native RUNE, which is set to enhance interoperability and decentralization (Cointelegraph).
3. Price Surge Potential: With RUNE already showing a strong price rebound of 165% from its support levels, analysts suggest a potential bull run towards $11.50, and possibly even higher depending on market conditions ( #Cointelegraph )
Investing in $RUNE now means tapping into a powerful DeFi ecosystem with significant growth potential. Don’t miss out on this opportunity!
#Crypto #DeFi #BlockchainBulls #Investing #Altcoins
1. Mainnet Upgrades: THORChain's recent mainnet launch has brought significant enhancements to security, stability, and governance, paving the way for new chain integrations and wallet support (Cointelegraph) (Cointelegraph).
2. Native $RUNE Adoption: The activation of the "killswitch" for non-native tokens like BEP-2 and ERC-20 variants means all users will transition to the upgraded native RUNE, which is set to enhance interoperability and decentralization (Cointelegraph).
3. Price Surge Potential: With RUNE already showing a strong price rebound of 165% from its support levels, analysts suggest a potential bull run towards $11.50, and possibly even higher depending on market conditions ( #Cointelegraph )
Investing in $RUNE now means tapping into a powerful DeFi ecosystem with significant growth potential. Don’t miss out on this opportunity!
#Crypto #DeFi #BlockchainBulls #Investing #Altcoins
Pop Social: Redefining Social Media in the Web3 Era.
Pop Social, a Web3 trailblazer, tackles compensation issues on major platforms, integrating SocialFi, Web3, and AI. Unique on-chain profile IDs ensure content ownership, while diverse monetization avenues include AdTech, NFTs, Phygital Stores, and Open-API subscriptions.
Emphasizing inclusivity, users can bring IDs from other protocols. AI-driven recommendations boost engagement, and clear content moderation policies create a safer online environment.
The collaboration with Cointelegraph Accelerator validates Pop Social's disruptive potential, positioning it as a leader in reshaping social media through Social, Web3, and AI integration. It's not just a platform; it's a catalyst for digital empowerment in the $100 billion creator economy.
#PopSocial #Cointelegraph #SoFi #socialfi
Pop Social, a Web3 trailblazer, tackles compensation issues on major platforms, integrating SocialFi, Web3, and AI. Unique on-chain profile IDs ensure content ownership, while diverse monetization avenues include AdTech, NFTs, Phygital Stores, and Open-API subscriptions.
Emphasizing inclusivity, users can bring IDs from other protocols. AI-driven recommendations boost engagement, and clear content moderation policies create a safer online environment.
The collaboration with Cointelegraph Accelerator validates Pop Social's disruptive potential, positioning it as a leader in reshaping social media through Social, Web3, and AI integration. It's not just a platform; it's a catalyst for digital empowerment in the $100 billion creator economy.
#PopSocial #Cointelegraph #SoFi #socialfi
FTX FINALIZES #Robinhood’s SHARE TRANSACTION
📈#FTX. secured a deal involving $600 million in Robinhood shares with Emergent Technologies.
⭕FTX paid $14 million to settle Emergent’s claim for 55 million shares, streamlining Emergent’s #bankruptcy process in Antigua and reducing FTX’s legal challenges.The shares, originally linked to Sam #bankmanfried , were resold to Robinhood for $606 million.
A related court hearing is set for October 22.
(🌐Sources: #Cointelegraph )
📈#FTX. secured a deal involving $600 million in Robinhood shares with Emergent Technologies.
⭕FTX paid $14 million to settle Emergent’s claim for 55 million shares, streamlining Emergent’s #bankruptcy process in Antigua and reducing FTX’s legal challenges.The shares, originally linked to Sam #bankmanfried , were resold to Robinhood for $606 million.
A related court hearing is set for October 22.
(🌐Sources: #Cointelegraph )
#GMVietnam Crypto Fam! Get ready to learn from an expert!
Proof Of Collabs is thrilled to welcome Jason Choi , Managing Partner Chiron Fund & Head of Strategy @Cointelegraph as our speaker on June 7th at #HMHC!
#ProofOfCollabs #GMVN2024 #Cointelegraph #proofofcommunity
Proof Of Collabs is thrilled to welcome Jason Choi , Managing Partner Chiron Fund & Head of Strategy @Cointelegraph as our speaker on June 7th at #HMHC!
#ProofOfCollabs #GMVN2024 #Cointelegraph #proofofcommunity
🚨NEWS ALERT🚨
⚫........DeFi DERIVATIVES SKYROCKET: #tvl Hits $82.67B Amid Rapid Growth........⚫
The #decentralizedfinance (DeFi) sector is witnessing explosive growth, with Total Value Locked (TVL) surging by 51.9%, reaching an impressive $82.67 billion.
🚀 The daily trading volume for crypto derivatives has also seen a significant jump, skyrocketing from $1.8 billion to $5 billion.
🎯This surge is driven by the excitement surrounding innovative features such as pre-market trading and more user-friendly interfaces.
New platforms like #Hyperliquid and #SynFutures are gaining traction, drawing in both retail investors and institutional players. Additionally, institutional support for stable coins is further fueling the expansion of the DeFi ecosystem.
(🌐Source: #Cointelegraph )
⚠️ Don't forget to VOTE 👍 me on my Profile for the next 15 days ⚠️
🔴 Plz Your one vote matters alot
⚫........DeFi DERIVATIVES SKYROCKET: #tvl Hits $82.67B Amid Rapid Growth........⚫
The #decentralizedfinance (DeFi) sector is witnessing explosive growth, with Total Value Locked (TVL) surging by 51.9%, reaching an impressive $82.67 billion.
🚀 The daily trading volume for crypto derivatives has also seen a significant jump, skyrocketing from $1.8 billion to $5 billion.
🎯This surge is driven by the excitement surrounding innovative features such as pre-market trading and more user-friendly interfaces.
New platforms like #Hyperliquid and #SynFutures are gaining traction, drawing in both retail investors and institutional players. Additionally, institutional support for stable coins is further fueling the expansion of the DeFi ecosystem.
(🌐Source: #Cointelegraph )
⚠️ Don't forget to VOTE 👍 me on my Profile for the next 15 days ⚠️
🔴 Plz Your one vote matters alot
BREAKING: Commerzbank & DZ Bank to Offer Bitcoin Trading Services
Germany’s top banks, managing over $1 trillion in assets, are partnering to bring crypto trading to
corporate clients.
#Cointelegraph $BTC
Germany’s top banks, managing over $1 trillion in assets, are partnering to bring crypto trading to
corporate clients.
#Cointelegraph $BTC
via Zachxbt on X
#phishing emails are currently being sent out that appear to be from #Cointelegraph , #WalletConnect , #TokenTerminal and #DeFi team emails.
~$580K has been stolen so far
0xe7D13137923142A0424771E1778865b88752B3c7
#phishing emails are currently being sent out that appear to be from #Cointelegraph , #WalletConnect , #TokenTerminal and #DeFi team emails.
~$580K has been stolen so far
0xe7D13137923142A0424771E1778865b88752B3c7
