DeFi growth helps push crypto’s share of the global money supply above 2%
The cryptocurrency market now accounts for 2% of the global money supply as DeFi and stablecoin growth point to steady increases in adoption.
Tag: Binance
DeFi adoption on the Binance Smart Chain reaches new highs
Decentralized finance protocols on the Binance Smart Chain saw their token prices and total value locked rise toward new highs after a series of protocol upgrades and cross-chain integrations.
Five proposed crypto class actions over unregistered securities dismissed in NY
Quantstamp, Status Research, Civic Technologies, HDR Global Trading and Kaydex are off the hook, after five securities related lawsuits were dismissed in New York Courts earlier this week.
NFTb launches NFT marketplace focused on environmental sustainability
The new marketplace is said to provide a more affordable option for artists launching digital artwork and other rare collectibles. It also lets them donate a portion of their proceeds to charities.
Venus (XVS) price aims for $100 amid rising TVL and surge in DeFi users
The total value locked in Venus soared to a record $11.1 billion as DeFi users flock to the platform in search of attractive yields.
Record $600M BNB burn suggests Binance made $750M in profit in Q1
Binance burned $600 million worth of BNB in Q1 2021, which means Binance possibly made over $750 million in profit.
Messari researchers slam Binance Smart Chain over centralized validators
With Binance Chain’s 11 validators hand-selecting Binance Smart Chain’s validators daily, analysts are warning of the protocol’s centralization.
Our Man in Shanghai: Scandal as $45M of stolen government funds allegedly lost on 100X leverage
The Chief Marketing Officer a blockchain security company has been charged with embezzlement; Peter Thiel calls Bitcoin a ‘weapon’ of China (but no one cares), and CZ’s net worth rises to $1.9 billion.
Exchange tokens rally ahead of next week’s long-awaited Coinbase IPO
Binance Coin, WazirX and KuCoin Token have notched double-digit gains after centralized exchanges added lucrative staking opportunities and quickly listed new DeFi tokens.
3X as many crypto figures make it onto Forbes 2021 billionaires list as last year
Twelve crypto billionaires have made the Forbes list for 2021, with Sam Bankman-Fried the leader in crypto with a net worth of $8.7 billion.
