Cryptocurrency Market

  • Market Cap: $2,399,169,394,324.12
  • 24h Vol: $53,361,005,239.12
  • BTC Dominance: 56.62%

decentralized finance

trump-set-to-share-bold-vision:-turning-the-us-into-the-‘crypto-capital-of-the-planet’

Trump Set to Share Bold Vision: Turning the US Into the ‘Crypto Capital of the Planet’

On Thursday, former President Donald Trump posted a video on X, where he announced his intention to chart a course for making the United States the “crypto capital of the planet.” As the video concludes, the logo of World Liberty Financial, a decentralized finance (defi) project founded by Trump’s sons, prominently appears. Trump Claims to […]

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defi-giant-makerdao-rebrands-as-sky,-introduces-usds-stablecoin-and-sky-token

Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token

The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name, the platform will introduce two new assets: a stablecoin dubbed USDS and a governance token named SKY, both slated for a mid-September launch. Sky Unveils USDS and SKY Tokens Amid

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innovation-in-crypto-moves-faster-than-governments,-needs-self-regulation,-says-serial-innovator

Innovation in Crypto Moves Faster Than Governments, Needs Self-Regulation, Says Serial Innovator

Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they help address the problem of liquidity segmentation that afflicts the Web3 industry, Wang insists that they pose significant security risks. Keeping the Innovation Flywheel Spinning

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internet-computer-protocol-implements-threshold-schnorr-signatures,-enhancing-bitcoin-integration

Internet Computer Protocol Implements Threshold-Schnorr Signatures, Enhancing Bitcoin Integration

The Internet Computer Protocol (ICP) has integrated threshold-Schnorr signatures and onchain Bitcoin block headers as part of its Deuterium milestone. This development aims to expand the utility of Bitcoin within the decentralized economy, allowing for new applications previously hindered by Bitcoin’s lack of native smart contract support. ICP Introduces Threshold-Schnorr Signatures to Boost Bitcoin Compatibility

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20-crypto-startups-raise-$141.3-million-in-less-than-2-weeks 

20 Crypto Startups Raise $141.3 Million in Less Than 2 Weeks 

In the first 12 days of Aug., $141.3 million has flowed into crypto, defi, and blockchain ventures, according to recent metrics. Morpho, a decentralized lending developer, accounted for roughly 35.38% of the total funds raised across 20 different projects. $141.3 Million Floods Into 20 Crypto Startups and Projects Even with the crypto markets experiencing a

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zk-rollups:-a-foundational-technology,-not-just-a-fleeting-trend,-according-to-quicknode-vp

ZK Rollups: A Foundational Technology, Not Just a Fleeting Trend, According to Quicknode VP

According to Josh Neuroth, the Vice President of Product at Quicknode, Layer-2 (L2) scaling solutions known as zero-knowledge (ZK) rollups can potentially solve the most pressing issues in blockchain technology. Hence, the buzz around them is “well-founded.” He added that unlike the speculation-driven non-fungible token (NFT) frenzy, interest in ZK rollups is grounded in their

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three-quarters-of-jurisdictions-partially-or-not-compliant-with-vasp-sector-recommendation,-says-fatf

Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF

Three-quarters of the jurisdictions surveyed by the Financial Action Task Force (FATF) “are only partially or not compliant” with the anti-money laundering recommendation for the virtual assets sector. According to the latest FATF update, 60% (88 jurisdictions) have decided to permit virtual asset service providers (VASPs), while 14% (20 jurisdictions) explicitly prohibit them. The FATF

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intimidating-wallet-interfaces-hinder-adoption-of-defi-lending-protocols,-says-crypto-veteran

Intimidating Wallet Interfaces Hinder Adoption of Defi Lending Protocols, Says Crypto Veteran

Decentralized finance (defi) has improved efficiency, inclusivity, and performance in consumer lending, but poor user experience remains a significant barrier to adoption, according to Thor Abbasi, co-founder of Zivoe. Abbasi argues that as long as wallet interfaces seem “unintuitive” or intimidating to non-crypto users, defi lending protocols won’t gain traction hence their benefits won’t be

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study:-crypto-assets-worth-$572.7-million-lost-to-hacks-and-fraud-in-q2-2024

Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 2024

Digital assets worth over $572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $920.9 million. Decentralized finance (defi) platforms lost approximately $172.1 million across 63 incidents. This figure is 25% lower than

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do-kwon-challenges-sec’s-jurisdiction-in-multibillion-dollar-crypto-securities-fraud-case

Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case

Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using federal securities law to assert jurisdiction over the digital assets

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