Coinbase acquires on-chain payments platform Utopia
The Utopia Labs team will join the Base network to accelerate Coinbase Wallet’s on-chain payments buildout. Go to Source
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Curve Finance launches ‘Savings crvUSD’ yield-bearing stablecoin
Ensuring that decentralized finance platforms and networks do not remain siloed is a key hurdle for DeFi applications to overcome. Go to Source
BlockTower Capital Makes Big Moves In DeFi, Acquires $5M In AAVE And UNI Tokens
BlockTower Capital appears to be ramping up its investments in decentralized finance (DeFi) tokens, showing strong interest in the sector’s future potential. Over the past eight hours, BlockTower received 15,580 AAVE (valued at $2.87 million) and 237,396 UNI (worth $2.11 million) from major liquidity providers, including Wintermute, FalconX, Cumberland, B2C2 Group, and Galaxy Digital. This … Read more
Top Revenue-Generating DApps Of Q3 2024: From Memecoins To DeFi Giants
The decentralized application (DApp) space continued to show impressive revenue growth in Q3 2024, with a range of platforms across various blockchain ecosystems generating millions. Here’s a closer look at some of the highest-earning DApps this quarter. Leading the charge is Pump.fun, a Solana-based platform for minting memecoins, which saw record-breaking growth, generating $262 million. … Read more
Growing DeFi on Bitcoin: Rooch Network joins Cointelegraph Accelerator
Rooch Network, an application layer for Bitcoin featuring MoveVM and Bitcoin staking, has become the latest participant of Cointelegraph Accelerator. Go to Source
Bitcoin could be one upgrade away from overtaking Ethereum DeFi
A long-dormant string of code called OP_CAT could be the secret to unlocking the true potential of Bitcoin for DeFi and see it surge past Ethereum DeFi in the future. Go to Source
Value Locked in Defi Hits $100 Billion—But Six Giants Hold the Bulk of Crypto Assets
As of press time, the crypto economy is sitting at a hefty $2.69 trillion, with the digital currency market posting substantial gains this week. Over the weekend, the total value locked (TVL) in decentralized finance (defi) climbed past the $100 billion mark. Defi TVL Crosses the $100B Mark Reaching this benchmark took a while, but … Read more
Ethereum hits $3.2K, surpassing Bank of America market cap
Ethereum’s market cap tops Bank of America, while the SEC weighs spot ETH ETF options and DeFi gains traction. Go to Source
CoinGlass Data Reveals DOGE Movement, DOT and LNEX Showing Bullish Patterns
Dogecoin data from CoinGlass has revealed that more than 84.9M DOGE worth around $12.8M were liquidated from both long and short traders over the past day. Despite the liquidation, the Dogecoin price recorded a daily surge of over 6%, bouncing from a low of $0.143. Its trading volume recorded an over 44% surge in just … Read more
Norway supports MiCA, considers CBDC for financial stability
Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway. Go to Source
