Maker Protocol tops the list in terms of revenue generated over the past month as Total Value Locked in the protocol witnesses swell.

Maker generates $14m in revenue, Ethereum’s earnings surge

According to data provided by Defi Llama, Maker Protocol generated $14.22 million in revenue — also collected the same amount in fees — in the past 30 days. However, The DAI stableco...

7 months ago

dYdX Contributors Support Foundation’s Proposal

dYdX Community Likely to Approve Foundation’s $30 Million Funding Proposal

The dYdX tokenholders are voting on the $30 million fundraising request proposed by the dYdX Foundation, which is likely to get approved. The Foundation published a blog on J...

7 months ago

Inflows in recent days and a recovery in Bitcoin’s price on Jan. 26 contributed to BlackRock’s ETF performance.

BlackRock’s IBIT Bitcoin ETF crosses $2B in market cap

BlackRock's Bitcoin exchange-traded fund (ETF) reached $2 billion in assets under management (AUM) on Jan. 26, just two weeks after it debuted on the Nasdaq.  According t...

7 months ago

Elon Musk’s auto company has liquidated 70% of its Bitcoin portfolio to date yet exhibits caution in letting go of the remaining holdings.

Tesla missed out on $300M profit after Bitcoin sales

Tesla’s refusal to “hodl” Bitcoin BTC $42,073 have resulted in a missed opportunity of over $300 million in profits. Tesla’s Bitcoin investment ...

7 months ago

The South Korean karaoke blockchain platform Somesing lost access to 730 million SSX tokens worth $11.58 million due to a hack.

Crypto karaoke platform hacked for over $11.5m

According to a blog post by Somesing, the hack occurred on Jan. 27. Among the stolen SSX tokens, 504 million were still unallocated tokens that were initially scheduled to go into circ...

7 months ago

Top Chinese Asset Manager Moves to Launch Bitcoin ETF in Hong Kong

The Hong Kong subsidiary of Chinese asset management firm, Harvest Fund Management, applied for a spot Bitcoin ETF on Jan. 26. This marks the first submission of its kin...

7 months ago

A total of 18 senators now fall into the pro-crypto camp, according to analysis from Coinbase advocacy group Stand with Crypto.

18 US senators now ‘stand with crypto’ — Coinbase lobby group

At least 18 senators in the United States support crypto, according to recent data from Coinbase’s nonprofit advocacy organization Stand with Crypto.  Stand With Crypto ...

7 months ago

A standalone blockchain, Celo is looking to migrate to become a layer-2 network atop Ethereum.

Celo, Shopping for Blockchain Partner, Turns to the Delicate Issue of Money

The time has come to put the cards on the table. For the past couple months, developers behind the Celo blockchain have been evaluating technical proposals from teams who mig...

7 months ago

Some community members criticized Warden, saying she qualifies as an intern for the U.S. Securities and Exchange Commission.

Algorand CEO’s hacked account dances into pole position

The Algorand Foundation announced on X (formerly Twitter) that its CEO Staci Warden’s X account was compromised and asked its community to refrain from clicking links or responding to dire...

7 months ago

Singapore-based crypto asset management firm Matrixport says Q1 will be a challenging quarter for Bitcoin, although anticipates a positive outlook by the end of 2024.

Matrixport predicts challenging Q1 for Bitcoin as GBTC investors keep capitalizing

As Bitcoin (BTC) fell back to the $39,000 area, the largest cryptocurrency by market capitalization is likely to face a challenging quarter ahead, according to a recent report from Mat...

7 months ago