Auto Added by WPeMatico

Value Locked in Defi Nears $100B Range Again After $11.89B Increase in 35 Days

Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering from a low of just over $83 billion on April…

Continue ReadingValue Locked in Defi Nears $100B Range Again After $11.89B Increase in 35 Days

14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days

Approximately 14 years ago today, Laszlo Hanyecz posted on bitcointalk.org, offering 10,000 bitcoins for “a couple of pizzas.” However, most people are not aware that it took him four days…

Continue Reading14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days

Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees

It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set…

Continue ReadingBitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees

Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers

Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter…

Continue ReadingCourt Approves Crypto Lender Genesis’ $3 Billion Payout to Customers

Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions

Between May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous week’s figures. NFT sales have consistently decreased on a weekly…

Continue ReadingMid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions

Indian Regulator Advocates Multi-Agency Approach for Crypto

The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government panel. SEBI suggests multiple regulators for different aspects of cryptocurrency trade.…

Continue ReadingIndian Regulator Advocates Multi-Agency Approach for Crypto

Nigerian Court Rules Tigran Gambaryan Can Face Tax Evasion Charges on Behalf of Binance

The Binance executive, Tigran Gambaryan, who is currently in jail, has been deemed eligible by a Nigerian court to represent the cryptocurrency exchange in its ongoing tax evasion trial. A…

Continue ReadingNigerian Court Rules Tigran Gambaryan Can Face Tax Evasion Charges on Behalf of Binance

Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program

Mastercard’s Start Path Blockchain and Digital Asset program has expanded to include five new startups, aiming to explore innovative uses of blockchain technology. “Digital assets are becoming increasingly mainstream, speeding…

Continue ReadingMastercard Welcomes 5 Startups to Blockchain and Digital Asset Program

Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’

Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it would endanger the broader financial system. In a supplemental comment letter…

Continue ReadingFinancial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’