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.
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Bitcoin’s Bull Run Has Plenty of Steam Left, These Indicators Suggest
Key indicators tracking Bitcoin’s blockchain activity, miner flows and the 200-day moving average suggest bitcoin is far from being overvalued and could continue to rally in 2024.
Meme Coin BONK Spikes 40% on Coinbase Listing
Prices reversed nearly all losses from last week following the announcement. BONK traded at $0.000014 on Thursday morning, with a trading volume of over $235 million.
FTX Bankruptcy Judge Takes Step to Shorten Timeline for Customers’ Recoveries
A federal judge took steps to end a protracted dispute between FTX and its largest creditor at a bankruptcy hearing, signaling the court could try to speed up efforts to recover FTX customer’s funds from the failed crypto firm’s estate.
CFTC Pushes FTX-Inspired Rule to Protect Customers’ Money
(Jesse Hamilton/CoinDesk)
Anonymous Crypto Interests Bombard Key Senator Sherrod Brown With Political Ads
U.S. Sen. Sherrod Brown (D-Ohio), the chairman of the Senate Banking Committee, is arguably the most important lawmaker currently standing in the way of a crypto regulation bill, and industry interests have paid for a new campaign in his own back yard to nudge him.
Protocol Village: Immutable zkEVM Will Allow Developers to ‘Abstract’ Transaction Fees
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 14-Dec. 20, with live updates throughout.
U.S. CFTC Approves Bitcoin Futures Platform Bitnomial’s Derivatives Clearing Application
The Commodity Futures Trading Commission granted crypto derivatives company Bitnomial approval to register as a derivatives clearing organization in the U.S., letting it settle margined futures and options contracts.
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.