2024 has been colossal for bitcoin, and with just a handful of days left in the year, its dominance now stands at 56.8% of the $ 3.29 trillion crypto economy. Back in January, bitcoin held a lower 50.3% of the market, which was then valued at $ 1.65 trillion. Bitcoin’s Meteoric Rise in …
A Bloomberg report spotlights Deutsche Bank’s approach to tackling regulatory hurdles associated with public blockchains, introducing the layer two (L2) pilot program, Project Dama 2. Layer 2 and ZKsync Tech at the Forefront of Deutsche Bank’s Blockchain Experiment This initiative falls under Singapore’s Monetary Authority-led Project Guardian, diving into the world of blockchain to explore […]
The Lido community has voted to end staking services on Polygon, due to significant challenges that has limited adoption. Lido Shuts Down Polygon Staking Lido Finance has announced it will be effectively discontinuing its staking service on Polygon. According to a Dec. 16 blogpost, the decision was reached after an extensive decentralized autonomous organization (DAO) […]
The concentration of over 50% of ETH’s supply in a small pool of wallets could pose key risks to Ethereum’s decentralization. Ethereum Whales Hit Highest Holding Ever Ethereum’s (ETH) surge to $ 4,000 has rekindled interest in the second largest cryptocurrency by market cap. With BTC setting new all-time highs, ETH could be next …
Bitcoin, Ethereum, and Hyperliquid saw significant TVL increases in the past week driven by strong investor inflows. Bitcoin, Ethereum, and HYPE Lead the Way The total value locked (TVL) in Bitcoin, Ethereum, and Hyperliquid rose by $ 3.09 billion, $ 2.22 billion, and $ 1.87 billion respectively over the last seven days. …