TLDR Kamino Finance, a leading DeFi protocol on the Solana network, has announced a new points program, hinting at a potential future token airdrop. The program is part of a broader trend in Solana’s DeFi sector, where protocols are using points to reward user engagement and loyalty, influencing strategies in trading, staking, and yield farming.

TL;DR Breakdown In a significant development in blockchain technology and sustainability, the HBAR Foundation, in partnership with the United Nations, Envision Blockchain, and Swirlds Labs, announced the launch of a new digital platform to revolutionize the carbon markets. This announcement on Monday, Dec. 4, 2023, marks a pivotal step in leveraging blockchain technology for environmental […]

TLDR Bitcoin has picked up the bull rally and trades at an exceptional speed. At press time, BTC trades at  $41,643.53 and $ 41,679.44 per (BTC / USD) on Binance. Bitcoin has recovered in anticipation of the Federal Reserve lowering interest rates, increasing demand for exchange-traded funds, and the impending halving of Bitcoin next year.

TLDR The UK House of Commons Treasury Committee has recommended that the Bank of England and HM Treasury conduct further detailed consultations. Significant costs have been incurred in the preliminary stages of exploring a CBDC, prompting the committee to call for greater transparency in reporting these expenses. The committee has expressed concerns about the high

TL;DR Breakdown Swan Bitcoin, a notable platform in the Bitcoin services sector, has recently announced a significant shift in its operational policies. The change, driven by the proposed regulations from the United States Financial Crimes Enforcement Network (FinCEN), necessitates the company to take a strict stance against accounts engaged in crypto-mixing. This move highlights the […]

TL;DR Breakdown The Ministry of Culture and Information of Kazakhstan has officially confirmed the blocking of the Coinbase website, intensifying its regulatory grip on the cryptocurrency sector. This action underlines the country’s rigorous enforcement of its new Law on Digital Assets, effective since February 2023, which demands a national license for crypto trading and exchange […]

TL;DR Breakdown Bittrex, the once-popular Seattle-based cryptocurrency exchange, has received the green light to commence its Chapter 11 liquidation plan. The approval from the US Bankruptcy Court for the District of Delaware comes after a meticulous process characterized by multiple hearings, motions, and supplemental plans. However, the path to this clearance wasn’t smooth. The court […]