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GeneralBeginnerThe Frax Finance community has launched a key vote to include BlackRock’s BUIDL token as a supporting asset for the Frax USD stablecoin. This proposal, currently under governance review, seeks to leverage the stability and security offered by BUIDL, a tokenized representation of BlackRock’s US…
#altcoin#blackrock#defi
SolanaBeginnerSolana’s Jito staking pool has topped $100 million in monthly tips, according to recent Kairos Research. This significant milestone highlights the growing influence of Jito, which has become a dominant force in the Solana ecosystem. Jito’s success can be attributed to its innovative approach to…
#crypto#defi#staking
GeneralBeginnerTether, the issuer of the USDT stablecoin, has made its first venture capital fund investment, contributing $2 million to Arcanum Capital’s Arcanum Emerging Technologies Fund II. This move marks a new chapter for Tether as it ventures into the realm of venture capital, seeking to support promising…
#crypto#tether#venture-capital
GeneralBeginnerThe internet has evolved dramatically since its inception, and we are now on the verge of a transformative shift with the rise of Web3. Understanding the Evolution of the Internet Web1: The Static Era The early 1990s introduced Web1, the first phase of the Internet. This version was static and…
#crypto#dapp-development#defi
GeneralBeginnerA Montenegrin appeals court has upheld a lower court’s decision to extradite Do Kwon, the founder of Terraform Labs, to South Korea. This ruling comes after a series of legal battles and conflicting court decisions regarding Kwon’s extradition. According to Korea JoongAng Daily, the unanimous…
#crypto#defi#law
BitcoinBeginnerRussia’s Finance Minister, Anton Siluanov, has confirmed that the country is actively using Bitcoin in foreign trade transactions. This follows the recent passage of legislation that permits businesses to utilize cryptocurrencies for international commerce. Siluanov stated that Bitcoin…
#crypto
ChainlinkBeginnerAave, a leading decentralized finance (DeFi) protocol, is considering integrating Chainlink’s released Smart Value Recapture (SVR) oracle service. This move aims to capture a portion of Maximum Extractable Value (MEV) profits generated through Aave’s liquidation process and return them to the…
#aave#crypto#daos
GeneralBeginnerNokia, a prominent name in telecommunications, has recently filed a patent for a device and program designed to encrypt digital assets. This move signifies the company’s foray into the burgeoning field of blockchain technology and its potential applications. The patent, published by China’s…
#china
GeneralBeginnerThe Malaysian Securities Commission (SC) has added Atomic Wallet, a Web3 wallet service, to a list of financial firms prohibited from operating in the country. The Supreme Court accused Atomic Wallet of “[o]perating a digital asset exchange (DAX) without registration.” Atomic Wallet was the victim…
#defi#hackers#law
BitcoinBeginnerCrypto.com has launched a new regulated custody service called Crypto.com Custody Trust Company, specifically designed for its U.S. and Canadian customers and institutions. This move comes after Crypto.com received a trust company charter, allowing them to provide custody services to eligible…
#altcoin#crypto#donald-trump
BitcoinBeginnerMetaplanet, a Japanese investment business, made its largest-ever Bitcoin purchase, acquiring about 620 Bitcoin as the cryptocurrency falls below $100,000. On December 23, Metaplanet purchased 619.7 Bitcoin for slightly under $60 million, with the cryptocurrency trading at roughly $96,000.This…
#crypto#japan
GeneralBeginnerSecuritize, the broker-dealer for BlackRock’s BUIDL tokenized money market fund, has submitted a governance proposal to the Frax DAO. This proposal involves using the BUIDL token as collateral for the relaunched Frax USD stablecoin. This move signifies a significant step towards integrating…
#altcoin#blackrock#defi
