DeFi Platform Pendle Nears $1B in Total Value Locked
Pendle crossed the $100 million TVL mark in mid-June 2023.
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Bitcoin Crosses $46K as Year of ‘Long’ Begins, Easing ETF Sell-Off
Over the next few days, East Asia will celebrate the start of the year of the dragon, which is considered to be one of the luckiest and most prosperous animals in the Chinese Zodiac.
CoinDesk’s New Owner Bullish Replaces CEO in Restructuring
Sara Startoberdha succeeds Kevin Worth, who has led CoinDesk since 2017.
Solana Gains More Than Bitcoin as Trader Speculates an ‘Extreme Move’ Is Ahead
The broader altcoin market also showed signs of rebounding from oversold levels, one analyst noted.
JPMorgan Survey Shows Over Half of Institutional Traders Don’t Want Crypto Exposure
The bank’s survey of over 4,000 traders found that 78% of the participants do not plan to trade cryptocurrencies, while just 12% plan to do so in the next five years.
U.S. Senators Berate SEC’s Gensler for Agency’s ‘Unethical’ Handling of Crypto Case
The U.S. Securities and Exchange Commission’s admission that it misrepresented evidence in a lawsuit against the blockchain project DEBT Box casts doubt on its wider enforcement practices, several Republican senators argued in a letter to Chair Gary Gensler.
Layer-2 Blockchain Developer StarkWare Plans ‘Cairo’ to Verify Layer-3s
Cairo, which the StarkWare and the Herodotus developer team worked on together, is a key piece of technology that verifies proofs and posts them back to the layer-2 blockchain, instead of Ethereum’s mainnet.
Polygon Releases ‘Type 1 Prover,’ Claiming Milestone Set by Ethereum’s Vitalik Buterin
The announcement means that existing EVM chains or optimistic rollups can connect to the prover without modification, then plug into Polygon’s newly released Aggregation layer, providing access to “all of the liquidity and value on Ethereum itself,” Polygon said.
Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy
The recently launched spot bitcoin ETFs, excluding Grayscale’s GBTC, added nearly another 5,000 tokens to their holdings yesterday, and now at more than 192,000 BTC, hold more of the crypto than MicroStrategy (MSTR), whose total stood at 190,000 as of the end of January.
Bitcoin Could Hit $48K in Days, Propelled by Historic Chinese New Year Gains: 10X Research
Bitcoin targets $48,000 in the short term fueled by a strong historic track record around the Chinese New Year, 10X Research’s Markus Thielen said.