Tis the Season To Be Jolly About the Crypto Market in 2024
With TradFi moving in, the crypto industry is finally taking its place as the future of finance, says Kelly Ye, at Decentral Park Capital.
DeFi
Solana Leapfrogs XRP as Fifth-Largest Crypto, Spurred by Meme Coin Mania
Solana has overtaken XRP as the fifth-largest cryptocurrency, with its market cap hitting a 20-month high of $33.7 billion, according to CoinMarketCap.
DeFi Has a Risk Problem and It’s Time to Solve It
DeFi hacks represented 2% of total value locked across decentralized protocols in 2023. (fikry anshor/Unsplash, modified by CoinDesk)
Global Securities Regulator IOSCO Issues DeFi Policy Recommendations
Organizing as DAOs doesn’t mean freedom from regulatory responsibilities, the International Organization of Securities Commissions says.
New Kind of Crypto Insider Trading? SEC Might Take a Look at These Trades, Experts Say
Hegic recently scored a windfall buy buying WHITE tokens ahead of big news. The trade might cross the line, according to experts.
BONK’s Surge Send Prices of Solana Saga Phone Flying to $2K
The sealed and unopened phone boxes contain an airdrop of 30 million bonk (BONK) tokens, which has seemingly revived dismal Saga sales.
Ledger Exploit Endangers DeFi; Sushi Says ‘Do Not Interact With ANY dApps’
The exploit reportedly prompts users to connect their wallets via a pop-up, triggering a token drainer.
Total Value of Cardano DeFi Ecosystem Nears $450M Amid Layer 1 Push; ADA Rockets 17%
The total value locked (TVL) of all Cardano-based tokens jumped to over $440 million late earlier this week, crossing a previous peak of $330 million set in April.
Ethereum’s Buterin Floats Prospect of Taking Some Layer-2 Functions Back on Main Chain
Vitalik Buterin, a member of the Ethereum Foundation’s executive board, once pushed “layer-2” networks as a way to provide faster and cheaper transactions. Now he’s got ideas for “enshrining” some of those functions on the main chain.
DeFi Platform Conic Finance’s CNC Token Surges 50% as the Protocol Plots Comeback After Hack
Conic Finance was hacked in July draining roughly $3.6 million worth of ether from the protocol.