Web3 Archives - Page 31 of 49

Antonia Perez Hernandez sentenced in court for her role in Forcount crypto Ponzi scheme

DeFi TVL Reaches 1-Month High, Leading Protocols Surge

September 23, 2024 Dan K

DeFi TVL hits one-month high at $87.3B, led by Lido and Aave. Top protocols see gains amid crypto market recovery. TVL still 50% down from ATH.

Chart showing $321 million inflows in digital asset investment products.

Digital Asset Investment Products See $321M Inflows Following FOMC’s 50bp Rate Cut

September 23, 2024 Dan K

Digital asset investment products saw $321M inflows after the FOMC’s 50bp rate cut, fueling optimism and boosting total assets under management by 9%.

Bitcoin price chart showing sharp decline amidst massive crypto liquidations.

IMF Highlights ‘Chicken-and-Egg Problem’ Hindering CBDC Adoption

September 23, 2024 Dan K

The IMF highlights the adoption dilemma for CBDCs: merchants hesitate without consumer demand, while consumers avoid them due to limited merchant use.

Ethereum investor gains $131.7 million by holding through bear market for two years.

Ethereum Investor Gains $131.7M by Holding Through Bear Market

September 22, 2024 Dan K

An Ethereum investor made $131.7M in 2 years by holding $151.42M worth of ETH through market volatility, proving the strength of the hodl strategy.

Chart showing Immutable surpassing Ethereum in NFT sales volume

South Africa Leads Africa in Digital Asset Adoption, Paving the Way for Crypto Growth

September 22, 2024 Dan K

South Africa is driving crypto growth in Africa with proactive regulations, positioning itself as a leading hub for digital assets on the continent.

Nayib Bukele and Elon Musk shake hands at Tesla’s gigafactory in Austin, Texas.

Nayib Bukele Meets Elon Musk at Tesla to Discuss AI and the Future of Humanity

September 21, 2024 Dan K

Nayib Bukele met with Elon Musk at Tesla to discuss AI, Bitcoin, and El Salvador’s future in tech innovation. A new chapter for global tech begins.

Vice President Kamala Harris and cryptocurrency market predictions for 2024.

Is a Kamala Harris Presidency Best for Crypto Prices?

September 21, 2024 Dan K

A Harris presidency may drive Bitcoin growth due to economic uncertainty, while a Trump win could favor broader crypto market expansion, says VanEck.

Solana and Aptos logos side by side, symbolizing Wyoming’s WYST stablecoin finalist selection

Sky Expands Native Tokens to Solana with Wormhole NTT

September 20, 2024 Dan K

Sky integrates native tokens SKY and USDS to Solana via Wormhole’s NTT, offering seamless multichain transfers and reducing liquidity fragmentation.

Congressman Rich McCormick addressing the U.S. Congress about the detention of Binance executive Tigran Gambaryan.

Congressman Rich McCormick Calls for U.S. Intervention in the Release of Detained Binance Executive

September 20, 2024 Dan K

Congressman Rich McCormick urges the U.S. government to help free Binance executive Tigran Gambaryan, detained in Nigeria since February, amid health concerns.

Chris LaCivita, Trump’s co-campaign manager, joins Coinbase’s advisory council to influence crypto regulation and policy decisions.

Supreme Court of India’s YouTube Channel Hacked to Promote Crypto Scam

September 20, 2024 Dan K

The Supreme Court of India YouTube channel was hacked to promote a Ripple XRP scam, showcasing the growing threat of cryptocurrency fraud on digital platforms.