In this post: Compound Finance’s decentralized autonomous organization (DAO) has passed a proposal to allocate 499,000 COMP tokens worth around $24 million to goldCOMP DeFi vault 1, a yield-bearing protocol created by Golden Boyz. The drama surrounding the proposal’s passage has sparked concerns about a potential governance attack on the lending protocol. Efforts to pass the proposal started […]
In this post: Coinbase will join the RWA tokenization trend, by offering a new money market product. The launch will follow the $500M BlackRock tokenized fund. Coinbase plans to offer its own product, based on a money market fund. The trend follows attempts to build real-world asset tokenization, to utilize existing crypto trading platforms with […]
In this post: On the second day of trading for U.S. spot Ethereum ETFs turned out to be quite disappointing. These funds saw a big exit, with investors pulling out around $113.3 million in total. The biggest hit came from Grayscale’s Ethereum Trust ETF, which saw over $800 million in net outflows. The situation left […]
In this post: Spot Ethereum ETFs hit the ground running, blowing past $1 billion in trading volume within a single day. Just like Bitcoin ETFs back in January, Ethereum’s new ETFs have had an explosive start. In the first 15 minutes of trading, the ETFs saw an incredible $120 million in volume. Yet, Ether’s price […]
In this post: OKX launched a Telegram mini-app game called ‘OKX Racer’, the crypto exchange announced on Monday. The free-to-play game asks users to guess the price of Bitcoin (BTC) every five seconds. Players must predict whether the price will go up (“moon”) or down (“doom”) to earn points. OKX said players can earn more […]
In this post: The supply of stablecoins has grown slowly, but managed to recover to levels not seen since 2022. The influence of USDT and USDC may determine the strength of BTC and ETH in a market where liquidity is chasing more assets. Stablecoins remain key for multiple derivative and spot markets. Recent statistics show […]
Tired of a hamster that doesn’t evolve? Here’s a game that promises constant upgrades of mechanics and development even after the drop and listing of its native token! Venturing into the play-to-earn arena, HashCats swaggers in with a distinctive blend of lore and gameplay elements. Players are invited to delve into a post-rodent world where […]
In this post: App-based revenues keep interest in crypto alive, as more projects showed viable models based on trading fees and commissions. Top DeFi apps lined up as the best performers in H1. Decentralized apps showed increased activity in H1, and the best ones logged peak earnings. A recovery of DeFi trading, lending and liquidity […]
FooDriver, the first hybrid Web2 & Web3 decentralized app (dApp), announces the launch of its highly anticipated token, aiming to transform every aspect of the shopping experience—buying, selling, and delivery—for all industry participants and stakeholders. Designed to be used massively by consumers, restaurants, grocery stores, and delivery personnel, the dApp can be accessible to anyone, […]
Cryptocurrency exchanges in South Korea are scrambling to implement new monitoring systems as a set of new stringent rules come into effect this Friday. South Korea’s Virtual Asset User Protection Act (VAUPA) introduces tighter laws expected to bring fairness in the sector. The new law tracks and traces cryptocurrency transactions as well as the prevention […]
